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This Multifamily Property is no longer advertised on LoopNet.com.

20237 W Chicago St
Detroit, MI 48228
 Detroit Luxury Living Apartments · Multifamily Property For Sale · 102 Units

Apartment Buildings Michigan Detroit 20237 W Chicago St, Detroit, MI 48228

Investment Highlights

  • 0% portfolio occupancy provides a value-add opportunity to lease up vacant units and repair fire-damaged units.
  • Located within two mile of access to I-96, Telegraph Rd, and Southfield Freeway (M-39). ±19 minute drive northwest of Downtown Detroit.
  • Located ±1.5 miles east of a major retail corridor along Telegraph Rd, which includes Redford Plaza Shopping Mall, Tel Joy Shopping Center, and more.
  • Within walking distance to Rouge Park, a 1,000+ acre park with public golf course, swimming pools, and various walking/biking trails.
  • Opportunity for a lower-cost basis to deliver refreshed units versus a teardown/new build due to the rising construction costs.
  • Within minutes of major employers such as Ford Motor Company, Detroit Diesel, Henry Ford Medical Center, AAA Auto Club Group, and Xerox Corporation.

Property Facts

Sale Condition Auction Sale Lot Size 1.92 AC
Type of Ownership Fee Simple Building Size 76,100 SF
No. Units 102 Average Occupancy 0%
Property Type Multifamily No. Stories 2
Property Subtype Apartment Year Built 1949
Apartment Style Garden Parking Ratio 0.77/1,000 SF
Building Class B Parcel Numbers
22-00391-224
  • 22-00392-537
  • 22-00393-851
Zoning R3
Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 102
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 1.92 AC
Building Size 76,100 SF
Average Occupancy 0%
No. Stories 2
Year Built 1949
Parking Ratio 0.77/1,000 SF
Zoning R3
Parcel Numbers
22-00391-224
  • 22-00392-537
  • 22-00393-851

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector
 

  • Listing ID: 28258609

  • Date on Market: 4/18/2023

  • Last Updated:

  • Address: 20237 W Chicago St, Detroit, MI 48228

The Rouge Multifamily Property at 20237 W Chicago St, Detroit, MI 48228 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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Rouge Park Apartments
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