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
Bedrooms5 Baths0.0 Sq 3,900

Monthly Estimate*

$ 1,578

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Multi-Family Home for sale in Allen, MI

for $249,900 with 5 bedrooms. 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.

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Multi-Family Active

Price

$ 249,900

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,134

Style

MultiFamily

Lot Size

0.25

Year Built

1900

Town/City

Allen

County/Region

Hillsdale

MLS | Web ID

53026038619

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow SeeRemarks SellerRentBack SubjectToTenantRights
Roof Composition
Construction Materials VinylSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Hillsdale
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
City Unknown_OutOfState
Senior Community Y/N N
High School District Quincy
Number Of Units Total 4
MLS Area Area30052AllenVlg
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1134.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 27411
Legal Description Per legal at court house
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Interior
Basement Partial
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBathroom MainLevel
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Exterior
Parking Features Garage Gravel
Lot Features Level
Water Source Well
Total Parking 6.0
Lot Size Area 11064.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 3900.0
Lot Dimensions Irregular
Lot Size Acres 0.25
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
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
Mary Playford

Listing Agent

Playford Real Estate

Broker

(517) 849-7622

Phone

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
1610786 Elementary School
1610785 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 3,900 sqft and a lot size of 0.25. 118 W Chicago Road has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 49227 which is in Allen, MI