19439 W Chicago Street
Detroit, MI 48228
Single Family Residence · MLS # 20261091273 · Listing courtesy of Good Company
About this home
Investor opportunity in Detroit’s Warrendale/Cody-Rouge area! This 1950 bungalow offers 3 bedrooms, 1 bath and 914 sq ft on a 35 x 100 lot, plus a full unfinished basement and a detached 1-car garage. The property does have a newer roof and an upgraded circuit breaker panel. Character details include crown molding, an arched doorway and what appear to be original wood floors that are ready to refinish. The home needs a full rehab, including furnace, light fixtures, boarded windows (windows are in-tact underneath), flooring, kitchen and cosmetic updates. It is a blank canvas for a rental or a flip. Close to Rouge Park, I-96 and the Southfield Freeway, with easy access to Downtown Detroit and Dearborn. The seller is motivated and wants a quick close. Cash offers preferred. Sold as-is. Buyer to verify all information.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,209 homes sold in Detroit for a median of $99,900, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $50,000, or $55 per square foot, 23% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,245 a year. A buyer who lives here would pay about $1,582 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Detroit
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