Vacant Infill Development
For Sale
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8544 West Chicago, Detroit, MI 48204
Vacant lot on W Chicago Street offered for infill development proposals.
Property SizeContact for details
Days on Market1249
Property Features for 8544 West Chicago
General Information
Standard status
Active
Property subtype
Land
Site & Location
Neighborhood
Barton-Mcfarland
Listing Agency:
Keller Williams Realty-Great Lakes
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Jun 4, 2023
Changed: Oct 25
Last Checked: Nov 3 at 9:40AM
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 Keller Williams Realty-Great Lakes
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Investment Insights
Based on property information with market context.
This listing is for a vacant land lot ready for a proposed small- to medium-scale infill development. The DLBA is seeking proposals intended to increase housing supply and help restore the urban fabric, including density and walkability.
The property is located on high-traffic W Chicago Street. Prospective buyers are encouraged to review the DLBA proposal guidelines for new build opportunities and consult relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
DLBA is entitled to a tax capture for the five tax years following transfer of ownership. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, with the amount to be determined based on the development proforma and how any tax abatement affects purchase and development financing.
The property is located on high-traffic W Chicago Street. Prospective buyers are encouraged to review the DLBA proposal guidelines for new build opportunities and consult relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
DLBA is entitled to a tax capture for the five tax years following transfer of ownership. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, with the amount to be determined based on the development proforma and how any tax abatement affects purchase and development financing.
Key Highlights
- Vacant lot on high‑traffic W Chicago Street
- DLBA is seeking proposals for small- to medium‑scale infill development
- Infill goals include increasing housing supply and restoring the urban fabric, density, and walkability
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Open Analytics
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot on W Chicago Street offered for infill development proposals.
Where is this residential land & home lot located?
The property is located at 8544 West Chicago Detroit, MI.
What are key features of this property?
This property features: Vacant lot on high‑traffic W Chicago Street; DLBA is seeking proposals for small- to medium‑scale infill development; Infill goals include increasing housing supply and restoring the urban fabric, density, and walkability
