3760 Chicago, Detroit, Michigan 48206
$325,000
Property Details
- MLS#: 20261047364
- Bedrooms: N/A
- Bathrooms: 22
- Square Feet: 11,878
- Price per Sqft: $27
- Lot Size: 0.23 acres
- Year Built: 1926
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 2
Description
Exceptional value-add multifamily opportunity in Detroit’s Highly Desirable Boston-Edison neighborhood. This 11,876 sq. ft. building sits on a 0.23-acre lot and is configured for 16 residential units, including six 2-bedroom units, seven 1-bedroom units, and three studio apartments, plus dedicated basement maintenance quarters. Significant improvements have already been completed, including a newer roof, dry basement, and recently scoped sewer lines. The property has been taken down to the studs and includes Detroit City- approved, stamped architectural plans, providing a streamlined path toward redevelopment and completion. Investors may follow the approved plans or customize the project to suit their own vision. Located in one of Detroit’s most Historic and sought-after neighborhoods, this property presents a rare opportunity to redevelop a substantial multifamily asset with considerable upside. Ideal for investors, developers, or owner-operators seeking a value-added project with extensive pre-development work already in place.
Location
This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 3760 Chicago?
3760 Chicago is listed at $325,000, or $27 per square foot.
How many bedrooms does 3760 Chicago have?
This property has N/A bedrooms and 22 bathrooms, with 11,878 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 466-2430
Email: info@sonicrealty.com
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