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About This Home

This land at 8544 W CHICAGO in Detroit, MI is listed for $7,500 (N/A).

Agent Description

Vacant lot located on high traffic W Chicago Street ready for your next business venture! The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability.

Interested buyers should consult our 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.

Please note that 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.

Location

8544 W CHICAGO

Detroit, MI 48204

SHERWOOD BROS A T ROWE (PLATS)

Questions & Answers

This 0-bedroom, 0-bathroom land at 8544 W CHICAGO is listed at $7,500. The estimated monthly payment is $33 based on 20% down at 6.5% interest.

This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.

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Erick Monzo

Agent at Keller Williams Realty-Great Lakes

(586) 541-4000

Listed by Keller Williams Realty-Great Lakes · View on Broker Site

MLS# 20230048454· Source: listhub· Updated 1048 days ago

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8544 W CHICAGO, Detroit, MI 48204

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