8544 W CHICAGO Detroit, MI 48204

Listing agent Erick Monzo Show Phone

Listing office Keller Williams Realty-Great Lakes j***@kw.com 28220 Harper, St. Clair Shores, MI Show Phone

Listing date Jun 16, 2023

Report an issue

MLS# 20230048454 Listing URL

Copyright © 2026 Realcomp Limited II. 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 vacant lot is located on high traffic W Chicago Street. It is suitable for a new business venture. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development. The goal is to increase housing supply and restore the urban fabric, as well as density and walkability. Interested buyers should consult the DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The lot size is 0.41 acres.

Key Highlights

• High‑traffic location on W Chicago Street suitable for business ventures
• Opportunity for small- to medium‑scale infill development
• DLBA seeking proposals to increase housing supply and restore urban fabric

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $344,900

  4,468 SF

  Turnkey Auto Repair Shop

  Turnkey automotive service center with multiple roll-up doors, hydraulic lifts, and a fenced yard for repair and storage operations.

  13118 Gratiot Avenue, Detroit, MI 48205

  View Details
• 

  $975,000

  2,100 SF

  Rail-Served Heavy Industrial Yard

  Fenced and gated rail-access yard suited to logistics operations in Detroit’s M-4 heavy industrial corridor.

  175 S Campbell Street, Detroit, MI 48209

  View Details
• 

  $239,900

  8,000 SF

  Turnkey Dry Cleaning Facility

  For sale turnkey dry-cleaning operation with approximately 8,000+ square feet of commercial space on a small lot.

  2854 E 7 Mile Road, Detroit, MI 48234

  View Details
• 

  $999,999

  9,000 SF

  Fully Renovated 18-Unit Apartment Building

  An 18-unit brick multifamily property offering renovated 1- and 2-bedroom units with current occupancy for immediate income potential.

  13233 La Salle Boulevard, Detroit, MI 48238

  View Details
• 

  $174,000

  2,000 SF

  Retail Storefront with Salon Buildout

  Former nail salon with office, multiple wash stations, and ample parking for a service-focused retail use.

  8235 W 8 Mile Road, Detroit, MI 48221

  View Details
• 

  $279,900

  3,100 SF

  Flex Warehouse with Built-In Office Studio

  Fully renovated flex space with roll-up access and a built-out podcast studio for flexible distribution and content use.

  16813 WYOMING Street, Detroit, MI 48221

  View Details
• 

  $725,000

  5,832 SF

  Detroit Multifamily Investment Opportunity

  Turnkey 8-unit property in desirable Detroit neighborhood.

  13660 Ohio Street, Detroit, MI 48238

  View Details
• 

  $749,900

  5,874 SF

  Mixed-Use Building with Storefronts

  Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

  14318 E Jefferson Avenue, Detroit, MI 48215

  View Details
• 

  $2,999,999

  16,860 SF

  Six-Property Multifamily Portfolio

  Six multifamily buildings sold together, including one fully renovated and occupied unit with five others prepared for redevelopment.

  18036 SCHOENHERR Street, Detroit, MI 48205

  View Details
• 

  $2,999,999

  6,702 SF

  Multifamily Portfolio for Sale

  Six multifamily properties are offered together, with one fully renovated and occupied and five in cleared, secured condition.

  18029 SCHOENHERR Street, Detroit, MI 48205

  View Details
• 

  $2,999,999

  9,744 SF

  Multifamily Portfolio Package

  Six Detroit multifamily properties sold together, mixing an occupied renovated asset with multiple buildings ready for further renovation.

  14296 Glenwood Street, Detroit, MI 48205

  View Details
• 

  $500,000

  10,222 SF

  Detroit Multifamily Investment Opportunity

  16-unit apartment building with value-add potential in Detroit.

  10400 Whittier Street, Detroit, MI 48224

  View Details

FAQs

What type of property is this?

Commercial land - Vacant commercial lot ready for your next business venture!

Where is this commercial land located?

The property is located at 8544 W CHICAGO Detroit, MI.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: High‑traffic location on W Chicago Street suitable for business ventures; Opportunity for small- to medium‑scale infill development; DLBA seeking proposals to increase housing supply and restore urban fabric