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.
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.
MiRealSource-MiMLS #70548294
Jul 27, 2026
Listed
$249,900
$64/sq ft
SW Michigan MLS #2806137
Dec 15, 2015
Listing Removed
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Feb 12, 2008
Listed
$109,900
$28/sq ft
SW Michigan MLS #2806139
Dec 15, 2015
Listing Removed
—
Feb 12, 2008
Listed
$99,890
$26/sq ft
SW Michigan MLS #13573
Dec 20, 2015
Listing Removed
—
Feb 10, 2002
Listed
$98,500
$25/sq ft
MiRealSource-MiMLS #20336074
Feb 12, 2009
Listing Removed
—
Feb 12, 2008
Listed
$99,890
$26/sq ft
MiRealSource-MiMLS #20342742
Feb 12, 2009
Listing Removed
—
Feb 12, 2008
Listed
$109,900
$28/sq ft
REALCOMP #53002806139
Feb 12, 2008
Listed
$99,890
$26/sq ft
MiRealSource-MiMLS #21321566
Sep 24, 2004
Listing Removed
—
Mar 24, 2004
Listed
$74,900
$19/sq ft
MiRealSource-MiMLS #20454376
Aug 10, 2002
Listing Removed
—
Feb 10, 2002
Listed
$98,500
$25/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Multi-Family (2-4 Unit)
County
Hillsdale County
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Last updated by owner on Apr 9, 2023.
Historical weather
Allen, MI • 49227
Average low and high temperatures (°F)
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48
35
35
22
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Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 118 W Chicago Rd
$244,147
$5,753 under list price of $250K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $350K.