Property profile

12950 Chicago St Detroit, MI 48228

OFF-MARKET
Assisted living facilities
Property ID
US43-5014986
37,521 SF 1.61 ac lot Built 1965
Individually Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1965
Total area 37,521 SF
Lot 1.61 ac (70,132 SF)
Zoning code R5
APN 22004723-5
UPID US43-5014986

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12950 Chicago St Detroit, MI 48228-2651
Detroit metro Census 535100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
1969
Price N/A

Zoning & alternative use

R5 · Detroit, MI
Zoning description

dential districts within the City are as follows: (1) R1 Single-Family Residential District. (2) R2 Two-Family Residential District. (3) R3 Low Density Residential District. (4) R4 Thoroughfare Residential District. (5)…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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