Building Details

Year Built 1926

Buildings 1

Units 30

Listing Agency: Beal Properties LLC a***@gobeal.com Show Phone

Listed By: Stewart Beal · License #6505380163

Source: Crexi

Added: Mar 4 Changed: Aug 14 Last Checked: Aug 21 at 10:55PM

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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 Beal Properties LLC

Investment Insights

Based on property information with market context.

This multifamily property features 30 units. The building is suitable for residential income purposes. The property has a size of 24956 square feet.

Key Highlights

• Multifamily property with 30 units.
• Priced at $50,000 per unit.
• Built in 1926.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Nail Salon

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

305

Businesses Nearby

Explore this area Business Placement

Demographics for 48206, MI

15,712

Population

10,784

Households

1.5

Avg Household Size

38

Median Age

24%

College-Educated

89%

High-School Grad

3.1 sq mi

ZIP Area

5,068

Density / Sq Mi

$43,702

Median Household Income

$36,674

Median Earnings

$923

Median Rent

$102,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily building featuring 30 units, ideal for residential income.

Where is this apartment building located?

The property is located at 3342 W Chicago Detroit, MI.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Multifamily property with 30 units.; Priced at $50,000 per unit.; Built in 1926.