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Income Property with Recent Improvements
For Sale
$432,000

200 E Chicago Rd, White Pigeon, MI 49099

Seven-unit income property with recent renovations and a large parking lot.

Property SizeContact for details
Lot Size0.44 Acres
Days on Market164

Property Features for 200 E Chicago Rd

General Information

Standard status Active
Lot size 0.44 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $4,115

Building Details

Year Built 1850
Units 7
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Greg Courtney · License #6501361728
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 20 at 11:00AM

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 Berkshire Hathaway HomeServices MI

Investment Insights

Based on property information with market context.

This is a seven-unit income-producing property that has been well maintained and recently improved. Five of the seven units have been recently remodeled, including added insulation, LVP flooring, carpet, cabinets, countertops, backsplash, interior doors, tubs, vanities, tile, waterproofing, and appliances. The property features new roofing and a roof deck. New electrical panels and fixtures have been installed, along with baseboard heaters with thermostats. A large parking lot is included.

Key Highlights

  • Income‑producing property with a strong rental history
  • 5 out of 7 units recently remodeled with extensive upgrades** (flooring, cabinets, appliances, etc.)
  • New roof and roof deck**

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Pharmacy Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 49099, MI

5,623
Population
2,719
Households
2.1
Avg Household Size
43
Median Age
12%
College-Educated
87%
High-School Grad
58.0 sq mi
ZIP Area
97
Density / Sq Mi
$62,147
Median Household Income
$41,850
Median Earnings
$879
Median Rent
$172,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Seven-unit income property with recent renovations and a large parking lot.
Where is this apartment building located?
The property is located at 200 E Chicago Rd White Pigeon, MI.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: Income‑producing property with a strong rental history; 5 out of 7 units recently remodeled with extensive upgrades** (flooring, cabinets, appliances, etc.); New roof and roof deck**
More about this property
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