USAMIDetroitBuckingham Park13242 W Chicago St

New

$375,000

For Sale

20 hours ago

13242 W Chicago St, Detroit, MI

Name: 13242 W Chicago St, For Sale in Detroit - eXp Realty
Brand: Elite Urban Realty Professionals
SKU: 20261066026
Price: 375000 USD

House

MLS® 20261066026

0 Bed

22 Bath

14400 sqft

22 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 14400 sqft

Garage

Taxes $21,100

Days Active 0

Lot Size 0.31 Acres

Approx. Age 1966

Avg. Price Per Sqft $26

MLS® Number 20261066026

Property Address: 13242 W Chicago St, Detroit, MI, 48228-2561

Average square foot calculated using Size range provided by listing agent.

Description

***Redevelopment Opportunity*** Offered at $375, 000—approximately $17, 045 per unit before renovation. Bring new life to this highly visible brick apartment building along Detroit’s West Chicago corridor. The property offers approximately 14, 400 square feet of gross building area and is configured with 22 one-bedroom, one-bath apartments across three levels, including the garden level. The substantial masonry structure features a secured perimeter, off-street parking and strong street presence. A newer roof, reported to be in good condition, provides an important head start. Installing mini-split systems could offer a practical approach to modernizing heating and cooling without rebuilding a centralized HVAC system. Gutted to the studs, the building provides a straightforward renovation platform with uniform, nicely sized units and efficient access for the trades. Generously sized bedrooms may potentially support two occupants. Two additional interior spaces offer potential flexibility for resident gathering, community programming, management or other shared uses. One currently houses the interior bank of electrical meters. Relocating those meters outside, as may be required by the utility provider, could open that space for redevelopment. The second may become available if the apartments are developed with in-unit laundry. Vacant and requiring comprehensive rehabilitation, the property presents a compelling opportunity for an experienced investor or development team to restore a sizable multifamily asset, return 22 housing units to productive use and establish meaningful long-term income potential. Offered strictly AS-IS. Buyer and buyer’s agent must independently verify all measurements, unit counts, systems, utility requirements, zoning, permitted uses, property condition, occupancy potential and rehabilitation costs. Any proposed shared space, reconfiguration or occupancy remains subject to all applicable approvals. Same ownership as MLS 20261060857

MLS® Number20261066026

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1966

BasementFinished, Full

DrivewayParking Lot, Paved, Unassigned

Garage Spaces

HeatBaseboard, Electric

A/CWall Units

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 19, 2026List Date

$375,000List Price

Commute

Commute

Starting Address

Destination Address

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