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

118 W Chicago Road

^$ 249,900

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Recently Listed

118 W Chicago Road

Allen, MI, 49227

^$ 249,900

Studio Baths0.0 Sq 3,900

Monthly Estimate*

^$ 1,578

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Studio

Multi-Family Home for sale in Allen, MI

for $249,900. This 3,900 square foot 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.

Multi-Family Active

Price

^$ 249,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,134

Style

Lot Size

0.25

Year Built

1900

Town/City

Allen

County/Region

Hillsdale

MLS | Web ID

70548294

Features

General

Heating Forced Air

Cooling None

Garage Additional Garage(s)

Status Active Active

Year Built 1900

County Hillsdale

Class MULTIFAMILY

Type Multi-Family

Municipality Update

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area UPDATE

Primary City Allen

City Allen

School District Quincy Community School District

Financial Terms Cash Conventional

Legal Description Per legal at court house

DOM 1

Postal Code 49227

Price Per Sq Ft Total AG 64.08

Public Remarks

Interior

Basement MI Basement

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 77

Lot Size Area 0.25

Lot Dimensions Irregular

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mary Playford

Listing Agent

Playford Real Estate

Broker

playfordml@gmail.com

Affordability Calculator

$1,672

Per Month

Monthly Principal & Interest: $1,578
Monthly Property Taxes: $95
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Allen, MI

Average List Price ^$249,900

Percent of Sale Price 0%

About Allen, MI

184 Population

4% Since 2002

^$49,875 Median Income

43.11 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1571985 Elementary School

1572063 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
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 3,900 sqft and a lot size of 0.25. 118 W Chicago Road is a studio with 0.0 baths and was built in 1900. The property's zip code is 49227 which is in Allen, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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118 W Chicago Road

Multi-Family Home for sale in Allen, MI

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