5140 W CHICAGO, Detroit, MI 48204
Local realty services provided by:CENTURY 21 Affiliated
5140 W CHICAGO,Detroit, MI 48204
$43,775
- 0.11 Acres
- Lots / Land
- Active
Listed by: gene kelley ii
Office: real estate one-southfield
MLS#:20240073361
Source:MI_REALCOMP
Price summary
- Price:$43,775
About this home
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....
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Home facts
- Listing ID #:20240073361
- Added:575 day(s) ago
- Updated:April 22, 2026 at 10:01 AM
Rooms and interior
- Total bathrooms:1
Structure and exterior
- Lot area:0.11 Acres
Utilities
- Water:Water at Street
- Sewer:Sewer at Street
Finances and disclosures
- Price:$43,775
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