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Vacant Lot on High Traffic
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8544 W CHICAGO, Detroit, MI 48204

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.41 Acres
Days on Market1163

Property Features for 8544 W CHICAGO

General Information

Property type Land
Property subtype Other
Zoning Commercial
Subdivision SHERWOOD BROS A T ROWE (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions W of Meyers and North off of Chicago
Standard status Active
APN 180057213
Lot size 0.41 Acres

Taxes and HOA fees

Tax Description N W CHICAGO 1 THRU 3 SHERWOOD BROS-A T ROWE SUB L32 P33 PLATS, W C R 18/384 128.10 X 140
Legal Description N W CHICAGO 1 THRU 3 SHERWOOD BROS-A T ROWE SUB L32 P33 PLATS, W C R 18/384 128.10 X 140
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Jun 16, 2023 Changed: May 13 Last Checked: Aug 21 at 11:06PM
MLS# 20230048454

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant lot is located on high traffic W Chicago Street. It is suitable for a new business venture. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development. The goal is to increase housing supply and restore the urban fabric, as well as density and walkability. Interested buyers should consult the DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The lot size is 0.41 acres.

Key Highlights

  • High‑traffic location on W Chicago Street suitable for business ventures
  • Opportunity for small- to medium‑scale infill development
  • DLBA seeking proposals to increase housing supply and restore urban fabric

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Restaurant Big Box & Wholesale Store

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

318
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial lot ready for your next business venture!
Where is this commercial land located?
The property is located at 8544 W CHICAGO Detroit, MI.
What are key features of this property?
This property features: High‑traffic location on W Chicago Street suitable for business ventures; Opportunity for small- to medium‑scale infill development; DLBA seeking proposals to increase housing supply and restore urban fabric
More about this property
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