MI
Wayne
Detroit City
48206
3734 W CHICAGO St
3734 W CHICAGO St, Detroit City, MI 48206
Share Listing
Listing Type
Lots/Land
Listing Status
active
11
$17,647

Home Details for 3734 W CHICAGO St

Price
$17,647
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
0.1
County
Wayne
Garage
Days on site
656
MLS Listing#
20230099129
Property Description

Welcome to the latest offering from the Detroit Land Bank authority. Three buildable lots sitting right across from the Salvation Army. These lots are just waiting for your development ideas. Sale includes 3726 and 3742 w Chicago as well. 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 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

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • WateratStreet
  • Utilities
    • Water Available
Listing Courtesy: Real Estate One-Southfield - 248-723-0055
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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