1225 Chicago Dr SW, Wyoming, MI 49509
Versatile 3,200 sq. ft. property in high-visibility Wyoming location.
- Added:
- Apr 24, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 24 at 7:49 pm
Property Features for 1225 Chicago Dr SW
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agent Javier Rodriguez (616) 559-7979
Listing office (616) 559-7979
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Javier Rodriguez
HighLights
- High‑visibility location in Wyoming, MI with steady traffic flow.
- Approximately 3,200 sq. ft. of versatile space suitable for retail, office, or mixed‑use.
- Excellent exposure on a prominent corridor.
- Conveniently located near major roads, local businesses, and residential neighborhoods.
- Great investment opportunity due to ample space and strategic location.
- Building blends classic character (built in 1925) with functional layout potential.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $21.36 |
| − Vacancy | −$9.4k | −$2.95 |
| EGI | $58.9k | $18.41 |
| − OpEx | −$22.1k | −$6.90 |
| NOI | $36.8k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wyoming
- County
- Kent
- State
- Michigan
- Longitude
- -85.6973996
- Latitude
- 42.9357139