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Four-Unit Apartment Building
For Sale
$229,900

118 W Chicago Road, Allen, MI 49227

Multi Family, Allen, MI

Property SizeContact for details
Lot Size0.25 Acres
Days on Market49

Property Features for 118 W Chicago Road

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 1
Full bathrooms 4
Rooms Basement, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
Parking 6
Parking features Driveway
Basement Partial
Lot features Level, Sidewalk
Elementary school district Quincy
Middle school district Quincy
High school district Quincy
Standard status Active
APN 30-05-075-001-065
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Per legal at court house
Tax Annual Amount 1134
Legal Description Per legal at court house

Utilities

Utilities Electricity Available
Sewer type Septic Tank
Heating system Forced Air
Water source Well

Building Details

Year built 1900
Number of units 4
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Playford Real Estate
Listed By: Mary Playford
Added: Jul 27 Changed: Sep 12 Last Checked: Sep 13 at 11:06PM
MLS# 26038619

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit apartment property at 118 W Chicago Road includes three apartments on the main level and one larger apartment upstairs. Apartment A has been renovated, while the remaining residences provide individual living spaces with distinct layouts. An attached garage and storage building add functional support space.

The property occupies 0.25 acres in Allen, positioned between Jonesville and Coldwater along US-12. Built in 1900, the building has vinyl siding, a composition roof, forced-air heating, and driveway parking. The property is served by a well and septic tank, with electricity available. A basement and four bathrooms are also included in the existing configuration.

Key Highlights

  • Four‑unit apartment building with three main‑level apartments and one upstairs apartment
  • Apartment A has been renovated
  • Attached garage and storage building

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Discount Store Department Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 49227, MI

1,241
Population
554
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
84%
High-School Grad
25.6 sq mi
ZIP Area
48
Density / Sq Mi
$51,848
Median Household Income
$36,875
Median Earnings
$733
Median Rent
$172,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments occupy the main level, while a larger upstairs apartment adds flexible residential configuration.
Where is this quadplex located?
The property is located at 118 W Chicago Road Allen, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Four‑unit apartment building with three main‑level apartments and one upstairs apartment; Apartment A has been renovated; Attached garage and storage building
More about this property
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