20810 W Chicago Street Detroit, MI $ 605,000
20810 W Chicago Street
$ 605,000
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20810 W Chicago Street

Detroit, MI, 48228
$ 605,000
Bedrooms-- Baths-- Sq 8,984

Monthly Estimate*

$ 3,725

20810 W Chicago Street, Detroit, MI 48228 - Image 1
20810 W Chicago Street, Detroit, MI 48228 - Image 2
20810 W Chicago Street, Detroit, MI 48228 - Image 3
20810 W Chicago Street, Detroit, MI 48228 - Image 4
20810 W Chicago Street, Detroit, MI 48228 - Image 5
20810 W Chicago Street, Detroit, MI 48228 - Image 6

Commercial Property for sale in Detroit, MI

for $605,000. This 8,984 square foot building was built in 1948 on a lot size of 0.2.

Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants. Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow. Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage. Landlord-Paid Water: Simplifies utility management for residents. Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates. This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit’s rental market. *Showings by appointments by only.

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Commercial Active

Price

$ 605,000

Property Type

Commercial

Taxes

$ 15,989

Style

BusinessandRealEstate

Lot Size

0.2

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251030310

Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1948
Levels Two
Property Subtype BusinessandRealEstate
Current Use MultiFamily Residential
Business Type Apartments
County Wayne
Net Operating Income 66312.0
Operating Expense 13200.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name WESTERN ROUGE PARK
Garage Y/N N
Status Active
Directions I-96 TO EVERGREEN S. TO W. CHICAGO W. TO ADDRESS ON N SIDE
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 11
MLS Area Area05034DetJoySchoolcraftGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 11
Land Lease Y/N N
Tax Annual Amount 15989.0
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
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 85960
Expected Active Date 2025-09-02
Legal Description N W CHICAGO 32 THRU 35 WESTERN ROUGE PARK SUB L55 P93 PLATS W C R 22/321 87.66 IRREG
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Exterior
Water Source Public
Spa N
Building Area Total 7796.0
Lot Dimensions 88x 1000
Lot Size Acres 0.2
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8984.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 20810
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* Excluded Features
List By
Kestiny Todd

Listing Agent

Exp Realty Main

Broker

(248) 761-9891

Phone

Affordability Calculator

$5,058
Per Month
74%
26%
0%
Monthly Principal & Interest
$3,725
Monthly Property Taxes
$1,332
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$605,000 -3.20% Price Down
9/3/2025$625,000 Listed Price

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20810 W Chicago Street, Detroit, MI, 48228 is a Commercial Property for sale at $605,000 with 8,984 sqft and a lot size of 0.2. 20810 W Chicago Street was built in 1948. The property's zip code is 48228 which is in Detroit, MI