22-Unit Brick Apartment
New
For Sale
$375,000
13242 W Chicago St, Detroit, MI 48228
Vacant three-level multifamily property with off-street parking and a newer roof reported to be in good condition.
Property Size14,400 SF
Price / SF$26.04
Days on Market2
Property Features for 13242 W Chicago St
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Investment
Property Condition
Severity
Major Repairs Needed
Evidence
Gutted to the studs
Units
Unit Mix
22 x 1BR/1BA
Multifamily Units
22
Additional Details
Asking Price
$375,000
Taxes and HOA fees
Annual Taxes
$21,100
Building Details
Building Size
14,400 SF
Year Built
1966
Buildings
1
Stories
3
Units
22
Construction
masonry
Listing Agency:
(313) 915-8780
Listed By:
Antoine Hayes
(313) 915-8780
Source:
Elliman
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 8:22AM
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 Antoine Hayes
Investment Insights
Based on property information with market context.
This vacant brick apartment property contains approximately 14,400 square feet across three levels, including a garden level. The building is arranged as 22 one-bedroom, one-bath apartments and has been gutted to the studs, requiring comprehensive rehabilitation. A newer roof is reported to be in good condition. The masonry structure also includes a secured perimeter and off-street parking. Two additional interior areas provide existing functional space; one currently contains the interior electrical meter bank, while the other may be affected by future in-unit laundry plans. The property is offered strictly AS-IS.
Located at 13242 W Chicago St in Detroit, the building has a Walk Score of 35, a Transit Score of 42, and a Bike Score of 50. Constructed in 1966, it presents a substantial multifamily rehabilitation project with a consistent unit layout and three-level configuration.
Located at 13242 W Chicago St in Detroit, the building has a Walk Score of 35, a Transit Score of 42, and a Bike Score of 50. Constructed in 1966, it presents a substantial multifamily rehabilitation project with a consistent unit layout and three-level configuration.
Key Highlights
- 22 one‑bedroom, one‑bath apartments across three levels, including the garden level
- Approximately 14,400 square feet of gross building area
- Gutted to the studs and vacant; comprehensive rehabilitation required
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Vacant three-level multifamily property with off-street parking and a newer roof reported to be in good condition.
Where is this apartment building located?
The property is located at 13242 W Chicago St Detroit, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 22 one‑bedroom, one‑bath apartments across three levels, including the garden level; Approximately 14,400 square feet of gross building area; Gutted to the studs and vacant; comprehensive rehabilitation required
