24622 Chicago Street Dearborn, MI ^$ 50,000

24622 Chicago Street

^$ 50,000

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Recently Listed

24622 Chicago Street

Dearborn, MI, 48124

^$ 50,000

Studio Baths0.0

Monthly Estimate*

^$ 316

24622 Chicago Street, Dearborn, MI 48124 - Image 1

Studio

Lots and Land for sale in Dearborn, MI

for $50,000. The lot size is 0.12.

Great opportunity to acquire a city-owned, Residential-zoned (A) lot that is situated close to essential amenities. Perfect for single housing development, this property is offered as a cash-only, "as-is" sale with a requirement that the successful bidder commence construction within 24 months of closing and close within 90 days of the effective date of the purchase agreement. Per city policy, the property will remain on the market for a minimum of two (2) weeks prior to bid reviews; all offers are welcomed, though the city reserves the right to reject any bid. Buyer and buyer's agent to independently verify all measurements, zoning, flood zone status, and building code guidelines.

Lots and Land Active

Price

^$ 50,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

0.12

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

61016080

Features

General

Possession At Close

Water Public Water

Status Active Active

Subdivision Dearborn Heights MI

Style Vacant Land

County Wayne

Class VACANT LAND

Type Vacant Land

Ownership Government Owned

Municipality Dearborn

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Area Dearborn (82093)

Primary City Dearborn

Directions South of Michigan / West of Telegraph

City Dearborn

School District Dearborn City School District

Financial Terms Cash

Legal Description LOT 223 INCLUDING HALF OF THE VACATED ALLEY IN THE REAR THEREOF DEARBORN HEIGHTS SUB

DOM 0

Postal Code 48124

Price Per Sq Ft Total AG 416666.67

Public Remarks Great opportunity to acquire a city-owned Residential-zoned (A) lot that is situated close to essential amenities. Perfect for single housing development this property is offered as a cash-only

Exterior

Lot Size Area 0.12

Lot Dimensions 40X128

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mariam Khalaf

Listing Agent

Sunflower Realty Llc

Broker

mariamsestate@aol.com

Affordability Calculator

$316

Per Month

Monthly Principal & Interest: $316
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Lots and land listings in Dearborn, MI

Average List Price ^$132,468

Percent of Sale Price 165%

About Dearborn, MI

99,037 Population

1% Since 2002

^$49,400 Median Income

34.6 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759766 Elementary School

760229 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/30/2026	$50,000		Listed Price

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24622 Chicago Street, Dearborn, MI, 48124 is a Lots and Land for sale at $50,000 with a lot size of 0.12. 24622 Chicago Street is a studio with 0.0 baths. The property's zip code is 48124 which is in Dearborn, 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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24622 Chicago Street

Lots and Land for sale in Dearborn, MI

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