10401 W Chicago, Detroit

$10,000

0 Beds
0 Baths
1,758 Sqft
.14 Acres
0 Garages

Perfect opportunity for investor or private business owner. Located on the corner lot. The seller is the Detroit Land Bank Authority. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. Please note that the Detroit Land Bank Authority is en.titled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements 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 abatements on the purchase and development financing. Please see attached documents for requirements.

Essential Information
MLS® #2200007461
Price$10,000
Square Footage1,758
Acres0.14
Year Built1951
TypeCommercial
Sub-TypeCommercial
StatusActive
Community Information
Address10401 W Chicago
CityDetroit
CountyWayne
StateMI
Zip Code48204
Area

05042-Det 6-Tire - Grnfld - Livernois

Subdivision

B E TAYLORS MIDDLEPOINT SUB (PLATS)

Interior
HeatingForced Air
Exterior
ExteriorBrick
FoundationSlab
School Information
DistrictDetroit
Additional Information
ZoningCommercial
Listing Details
OfficeRCH Brokerage Legacy Inc
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