118 W Chicago Road Allen, MI $ 249,900
118 W Chicago Road
$ 249,900
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118 W Chicago Road

Allen, MI, 49227
$ 249,900
Baths1.0

Monthly Estimate*

$ 1,578

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Studio

Multi-Family Home for sale in Allen, MI

for $249,900 with 1 full bath. This home was built in 1900 on a lot size of 0.25.

Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with agent.

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Multi-Family Active

Price

$ 249,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,134

Style

2 to 4 Units

Lot Size

0.25

Year Built

1900

Town/City

Allen

County/Region

Hillsdale

MLS | Web ID

26038619

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling None
Utilities Electricity Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow See Remarks Seller Rent Back Subject To Tenant Rights
Roof Composition
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays None
Township Village of Allen
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Hillsdale
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
City Allen
High School District Quincy
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 11064.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 1134.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 27411
Legal Description Per legal at court house
Senior Community None
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Interior
Basement Michigan Basement Partial
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features In Bathroom Main Level
Total Baths 1
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Exterior
Parking Features Driveway Gravel
Lot Features Level Sidewalk
Water Source Well
Total Parking 6.0
Lot Size Area 0.25
Number of Buildings 1
Spa N
Lot Dimensions Irregular
Lot Size Acres 0.25
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 118
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* Excluded Features
List By
Playford Real Estate

Broker

playfordml@gmail.com

Email

Affordability Calculator

$1,672
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,578
Monthly Property Taxes
$95
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
249820 Elementary School
248575 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$249,900 Listed Price

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118 W Chicago Road, Allen, MI, 49227 is a Multi-Family Home for sale at $249,900 with a lot size of 0.25. 118 W Chicago Road is a studio with 1.0 baths and was built in 1900. The property's zip code is 49227 which is in Allen, MI