Active

$249,900

118 W Chicago Rd, Allen, MI 49227

1105beds

4baths

3,900sqft

$1,681/mo

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2 to 4 Units

Built in 1900

-- sqft lot

$241,500 Zestimate^®

$64/sqft

$-- HOA

What's special

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.

13 hours

63

1

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: $64/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

Mary Playford

(517) 610-1341

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Estimated market value

$241,500

$229,000 - $254,000

$981/mo

Price history

Date	Event	Price
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

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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