1547 Elm Street
Detroit, Michigan 48216
0.16Acre(Lot)
North Corktown development opportunity. Located a few minutes from Motor City Casino. This vacant parcel is owned by the Detroit Land Bank Authority (DLBA) through its Marketed Property Program. The property offers an opportunity for new construction and infill development, subject to zoning and City approvals. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal),Water at Street
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Lot Information
Lot Size: 0.16 Lot Dimensions: 60X115 -
Property Information
Subdivision: Mc Keowns Sub Financing: Cash
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Listing Price Information
Original List Price: $25,000 -
Listing Information
Possession: At Close Legal Description: S ELM 91 E 20 FT OF 90 MC KEOWNS SUB L3 P50 PLATS, W C R 8/43 60 X 115
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Tax Information
Annual Tax: $2 Parcel Number: W08I000760S -
Possession
At Close -
Legal Information
Legal Description: Section: S ELM 91 E 20 FT OF 90 MC KEOWNS SUB L3 P50 PLATS, W C R 8/43 60 X 115
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Multi-Unit Information
Road Frontage: Paved -
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal),Water at Street Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3620 Michigan Avenue , Detroit, MI, 48216 | $79,000 | -- | -- | -- | 0.04 Acre(Lot) |
| 2803 Harrison Street , Detroit, MI, 48216 | $87,500 | -- | -- | -- | 0.07 Acre(Lot) |
| 2809 Harrison Street , Detroit, MI, 48216 | $87,500 | -- | -- | -- | 0.07 Acre(Lot) |
| 1478 17th Street , Detroit, MI, 48216 | $75,000 | -- | -- | -- | 0.06 Acre(Lot) |
| 1486 17th Street , Detroit, MI, 48216 | $75,000 | -- | -- | -- | 0.06 Acre(Lot) |
| 2969 Rosa Parks Bouleva.., Detroit, MI, 48216 | $80,000 | -- | -- | -- | 0.22 Acre(Lot) |
| 2761 Vermont , Detroit, MI, 48216 | $80,000 | -- | -- | -- | 0.09 Acre(Lot) |
| 2769 Vermont , Detroit, MI, 48216 | $80,000 | -- | -- | -- | 0.09 Acre(Lot) |
| 2960 Vermont Street , Detroit, MI, 48216 | $50,000 | -- | -- | -- | 0.06 Acre(Lot) |
| 2526 Michigan Avenue , Detroit, MI, 48216 | $200,000 | -- | -- | -- | 0.05 Acre(Lot) |
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ByOwner last updated this listing 06/24/2026 @ 11:57
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