For Sale
$60,000

3421 ChicagoDetroit, MI 48206

0.51-acre lot, R6 zoning, prime development site.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.51-acre vacant land parcel presents a remarkable opportunity for multifamily development. Located in Detroit, Michigan, at 3421 W. Chicago Blvd., this property is zoned R6, allowing for high-density residential construction. The asking price is $60,000. Its strategic location offers convenient access to several key areas. It's situated just 0.43 miles from the historic Boston Edison neighborhood, providing proximity to established residential areas and potential residents. Across the street, you'll find West Chicago Apartments, further highlighting the area's residential character. Educational institutions are also within easy reach, with Sacred Heart Seminary only 0.33 miles away, and Central High School and Durfee Elementary School a short 0.75-mile distance. This prime location, combined with the R6 zoning and attractive price point, makes this a compelling investment for developers seeking to capitalize on the growing demand for residential housing in Detroit. The property's size and zoning regulations offer significant potential for a substantial multifamily development project. Wayne County location and 48206 zip code.

Highlights

  • 0.51-acre vacant land parcel in Detroit, MI, ideal for multifamily development.
  • Zoned R6, allowing high-density residential construction.
  • Asking price: $60,000.
  • Located near Boston Edison neighborhood, West Chicago Apartments, Sacred Heart Seminary, Central High School, and Durfee Elementary School.
  • Wayne County, 48206 zip code.

Property Details for 3421 Chicago

Property type
Land
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.373272968645
Longitude
-83.118020317867
3421 Chicago, Detroit, Michigan

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3421 Chicago
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