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7-Unit Apartment Building
For Sale
$432,000

200 E Chicago Rd, White Pigeon, MI 49099

Occupied multifamily property with five remodeled units, upgraded roofing and electrical systems, and a large paved parking area.

Property SizeContact for details
Days on Market178

Property Features for 200 E Chicago Rd

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 7

Building Details

Year Built 1850
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Greg Courtney · License #6501361728
Source: Katie-k
Added: Mar 17 Changed: Sep 8 Last Checked: Sep 9 at 10:46PM

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 occupied 7-unit apartment property contains 19,254 square feet and was built in 1850. Five units have undergone recent remodeling that includes LVP flooring, carpet, cabinetry, countertops, backsplash, interior doors, tubs, vanities, tile, waterproofing, insulation, and appliances. The building also features baseboard heating with thermostats and electric service.

Recent property improvements include a full tear-off roof replacement with a new roof deck, along with new electrical panels and fixtures. A large paved parking lot is included with the property. The asset is located at 200 East Chicago Road in White Pigeon, Michigan 49099.

Key Highlights

  • 7‑unit occupied apartment property with 19,254 square feet
  • Five units recently remodeled with updated finishes, appliances, insulation, and waterproofing
  • Full tear‑off roofing project completed with new roof deck

Property Analytics

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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.

Lease Details

7
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Occupied multifamily property with five remodeled units, upgraded roofing and electrical systems, and a large paved parking area.
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: 7‑unit occupied apartment property with 19,254 square feet; Five units recently remodeled with updated finishes, appliances, insulation, and waterproofing; Full tear‑off roofing project completed with new roof deck
More about this property
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