Detroit, MI 48204,5132 W CHICAGO
$11,000
Est. payment /mo
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4,791 Sqft Lot
Pending

5132 W CHICAGO Detroit, MI 48204

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UPDATED:

08/05/2024 09:47 PM

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Nardin Park Sub (Plats)

MLS Listing ID 20240040643

Originating Board Realcomp II Ltd

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40 x 120

Property Description

Looking for that perfect small/medium infill project in the Nardin Park Community? You found it directly across the street from Nardin Park!! 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 that are otherwise available to the selected purchaser. The payment will be deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction E. of Grand River, N of Joy Rd.

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 16004856.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash


Realcomp MLS
Listed by Natasha C Richards of Bellabay Realty Tri Counties

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Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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5132 W CHICAGO