5140 W Chicago
Detroit, MI 48204
- – beds
- – baths
- – sqft
- 4,792 sqft lot
- – on site
Welcome to the latest offering from the Detroit Land Bank Authority. 4 buildable lots located in the Nardin Park community. Over 19,000 sqft. of space ready for your designs and your ideas. Sale includes 5150, 5156, 5164 W. Chicago. Sidewalks require repair and may become the responsibility of potential purchaser. The DLBA is seeking proposals 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 Detroit Land bank Authority 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 abatements and/or lot combinations 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 refer to DLBA proposal guidelines.
Listing courtesy of REALCOMP / Real Estate One-Southfield
Last checked:
Checking…
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Last updated Oct 7, 2024
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MLS# 20240073361 —
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:Livernois South to grand river go east to w. Chicago, go north
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Directions From North South Detail:e. Livernois, N grand river
The Property
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Property Type:Vacant Land
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Parcel Number:W16I004855S
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Zoning:Residential
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Lot Size Dimensions:40.00 x 120.00
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Lot Size Area:0.11
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Office phone:
- (248) 723-0055
Utilities
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Sewer:Sewer at Street
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Water Source:Water at Street
Schools
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School District:Detroit
The Community
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Subdivision Name:NARDIN PARK SUB (PLATS)
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Real Estate One-Southfield
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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10/2/24
Oct 2, 2024
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Price Changed | REALCOMP | $43,775 | -20.0% |
10/1/24
Oct 1, 2024
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Listed / Active | REALCOMP | $54,732 |