Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with agent.
Active
Price cut: $20K (9/8)
$229,900
118 W Chicago Rd, Allen, MI 49227
1105beds
4baths
3,900sqft
2 to 4 Units
Built in 1900
-- sqft lot
$232,300 Zestimate®
$59/sqft
$-- HOA
What's special
- 46 days
- 224
- 5
Zillow last checked:
Listing updated:
Listed by:
Mary Playford 517-849-7622,
Playford Real Estate 517-849-7622
Source: MichRIC,MLS#: 26038619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1105
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Bathroom, Main Level
Features
- Basement: Michigan Basement,Partial
Interior area
- Total interior livable area: 3,900 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Gravel
Lot
- Size: 0.25 Acres
- Features: Level, Sidewalk
Details
- Parcel number: 3005075001065
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Allen
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $27,411
- Annual tax amount: $1,134
- Date on market: 7/27/2026
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$232,300
$218,000 - $244,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $229,900-8%$59/sqft |
Source:  MichRIC #26038619 Report a problem | ||
| 7/27/2026 | Listed for sale | $249,900$64/sqft |
Source: MichRIC #26038619 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
