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    8544 W Chicago Detroit, MI 48204

    For Sale
    Contact for pricing

    Vacant Land - Detroit, MI

    Lot size:
    0.41 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 8544 W Chicago

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    180057213
    Lot size
    0.41 Acres

    Building Details

    Architectural style
    Other

    SCS Great Lakes INC (586) 541-4000 [email protected]

    Listing agent Erick Monzo (586) 541-4000

    Listing date Nov 7, 2025

    MLS# 20230048454 Listing URL

    Copyright © 2025 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.

    Overview

    Detroit Vacant Land For Sale

    This vacant commercial land is located on high-traffic W Chicago Street in Detroit, MI. The 0.41-acre lot is suitable for a new business venture. The Detroit Land Bank Authority (DLBA) is looking for proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Buyers should consult proposal guidelines for new build opportunities and review Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. The DLBA is entitled to a tax capture for the 5 tax years after transferring ownership. This tax capture may not be compatible with other tax abatements. The DLBA will review requests to waive its tax capture rights and may require a payment instead of taxes to approve such requests. The payment will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1545536
    Latitude
    42.3665573

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    FAQs

    What type of property is this?
    Land - Vacant commercial land in Detroit, ready for development.
    Where is this land located?
    The property is located at 8544 W Chicago Detroit, MI.
    What is the asking price?
    The asking price for this property is $7,500.
    What are key features of this property?
    This property features: - High traffic location on W Chicago Street, ideal for business ventures.; - Opportunity for small- to medium-scale infill development.; - DLBA seeking proposals to increase housing supply and restore urban fabric.
    (586) 541-4000
    Request Owner's contact information
    8544 W Chicago Detroit, MI 48204
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    Detroit, MI 48204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8544 W Chicago Detroit, MI 48204
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