18419 W CHICAGO Street Detroit, MI ^$ 575,000

18419 W CHICAGO Street

^$ 575,000

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18419 W CHICAGO Street

Detroit, MI, 48228

^$ 575,000

Studio Baths14.0 Sq 11,310

Monthly Estimate*

^$ 3,587

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Studio

Multi-Family Home for sale in Detroit, MI

for $575,000 with 14 full baths. This 11,310 square foot home was built in 1962 on a lot size of 0.37.

Excellent investment opportunity in Detroit! This is a 14 unit apartment building with 12 units currently occupied. This can be a long term investment to generate cash flow for a savvy investor.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,528

Style

Lot Size

0.37

Year Built

1962

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60136386

Features

General

Heating Baseboard Radiant

Cooling Wall/Window A/C

Possession At Close

Water Public Water

Status Active Active

Full Baths 14

Half Baths 0

Bathrooms 14

Year Built 1962

Subdivision FRANKLIN PARK (PLATS) MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 63600

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions South of Plymouth North of Joy Rd West of Southfield Fwy East of Evergreen. Take the Southfield Freeway to the Joy Rd exit to get to West Chicago.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description S W CHICAGO 13 THRU 6 FRANKLIN PARK SUB L55 P74 PLATS W C R 22/307 161.5 X 100

DOM 600

Postal Code 48228

Price Per Sq Ft Total AG 50.84

Public Remarks Excellent investment opportunity in Detroit! This is a 14 unit apartment building with 12 units currently occupied. This can be a long term investment to generate cash flow for a savvy investor.

Exterior

Exterior Other

Exterior Amenities Exterior Balcony

Frontage 162

Lot Size Area 0.37

Lot Dimensions 162.00 x 100.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 14

Fuel Type Natural Gas

* Excluded Features

List By

Siegel Clore

Listing Agent

Ips Management Llc

Broker

siegel.ipsmgt@gmail.com

Affordability Calculator

$4,131

Per Month

Monthly Principal & Interest: $3,587
Monthly Property Taxes: $544
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 59%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/19/2025	$575,000	-8.00%	Price Down
3/27/2025	$625,000		Listed Price

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18419 W CHICAGO Street, Detroit, MI, 48228 is a Multi-Family Home for sale at $575,000 with 11,310 sqft and a lot size of 0.37. 18419 W CHICAGO Street is a studio with 14.0 baths and was built in 1962. The property's zip code is 48228 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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18419 W CHICAGO Street

Multi-Family Home for sale in Detroit, MI

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