13990 E Chicago Road $630,000

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    13990 E Chicago Road Cement City, MI 49233

    Sold
    SOLD 4/19/2024

    $630,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 8,000 sq. ft.
    • Multi-Family
    • MLS# 70389551
    13990 E Chicago Road, Cement City, MI 49233
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    Listing provided courtesy of: BNR Real Estate Group - (517) 435-1500
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    Property Details

    Located in the heart of the lake country, Somerset Motel continues to be a staple in the community for over 37 years serving everyday travelers, Michigan Speedway guests, Faster Horses fans, golf outing group, wedding parties, and family reunions. Offered for sale is the 1900 sq. ft. home with 14 rental units and a community room, all on five acres. The sprawling ranch home features a business office, 3 bedrooms, 3 bathrooms, living room, kitchen, dining room, walk-up attic, and full walkout basement with commercial laundry. The home offers garage space for 3 vehicles. The N units and community room (bonus income) total 2130 sq. ft. and the W units total 2450 sq. ft. All units on the property are furnished and have refrigerator, microwave, heat, A/C, cable TV, ...(more remarks)...

    • General Features
      • COMMUNITY AMENITIES Laundry Facility
      • Acreage 5
      • Area Municipality Somerset Twp (30015)
      • County Hillsdale
      • Originating MLS Jackson Area Association of REAL
      • Waterfront Y/N No
      • Year Built 1950
    • Building Features
      • Basement Type Walk Out
      • Exterior Construction Aluminum
      • FUEL TYPE Natural Gas
      • Garage Type Additional Garage(s)
      • Foundation Type Basement, Crawl, Slab
      • Interior Features Cable/Internet Avail.
      • Heating System Baseboard, Forced Air, Wall Heat
    • Property Features
      • Sewer Septic Septic
      • Roads City/County, Paved Street
      • Lot Size 400x762
    • Schools
      • School District Addison Community Schools

    Neighborhood

    49233 (Cement City) Demographics

    50 Median Age
    111 Population Density (per sq. mile)
    38% College Educated
    $67,176 Estimated Median Income
    982 Estimated Total Home Owners
    149 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,477 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $238,000 Median Sales Price
    2 Homes Sold
    11 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        4/19/2024 3:00:00 AM Sold Source: Multiple Listing Service New Value: $630,000
        2/27/2024 12:20:50 PM Status Changed Source: Multiple Listing Service New Value: Keep Showing-Contgcy Appl
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.