Sold
Last Sold Price
6 beds
11548 East Chicago Road, Jerome, MI 49249
Multi FamilyProperty Type
0.96 acresLot Size

Description

INVESTOR SPECIAL - 4 UNIT (3 bedrm, 2 bedrm, 1 Bedrm, Efficiency) - $2300 / MO income. This all sits on just under an acre overlooking Lake LeAnn. Lake Access comes w/ the property. Wrap around deck, walk out lower unit, 3 sheds for tenant use, fire pit, and fishing pond, walk around to Lake LeAnn. Upgrades include some windows, STEEL roof (Amish installed) new in 2016. Excellent rental income w/ long term tenants. Excellent location right on US-12. Possible convert to commercial business w/ lots...INVESTOR SPECIAL - 4 UNIT (3 bedrm, 2 bedrm, 1 Bedrm, Efficiency) - $2300 / MO income. This all sits on just under an acre overlooking Lake LeAnn. Lake Access comes w/ the property. Wrap around deck, walk out lower unit, 3 sheds for tenant use, fire pit, and fishing pond, walk around to Lake LeAnn. Upgrades include some windows, STEEL roof (Amish installed) new in 2016. Excellent rental income w/ long term tenants. Excellent location right on US-12. Possible convert to commercial business w/ lots of road traffic.
  • Listed by: BOB SONSARA 517.796.9300 bob@sonsararealty.com • EXIT REALTY 1ST LLC
Listing closed: 03/07/2018 12:00 AM • Source: Michigan Regional Information Center, MLS#: 21034756

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Recent comparable sales

Median sold price

$9,000

Avg days on market

178

Sale-to-list ratio

86.4%

Jerome, MI

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Location

Listing Courtesy of EXIT REALTY 1ST LLC

Sold By NON-MEMBER REALTOR 'SOLD'

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$777 per month

30 year fixed, 7.03% Interest

Principal and Interest

$587

Property Taxes

$190

HOA Dues

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Property Information for 11548 East Chicago Road

Property Details
  • Taxes: $2,283 / year
  • MLS Type: Residential Income / Multi Family
  • Zoning: RU-1 Residentia
  • ZoningDescription: Residential
  • Waterfront Features: Lake, Pond
Building Information
  • Residences: 4
  • Lot Size: 0.96 AC / 41,817 SF
Summary
Location and General Information
  • Cross Streets: US-12 West of Waldron
  • Municipality: Somerset Twp
  • Subdivision: Laguana Park
  • Directions: East of Baker Rd, West of Waldron on Us 12
  • Area - Major: Jackson County - JX
  • Street #: 11548
  • Street Direction: E
  • Street Name: CHICAGO RD
  • Suffix: Road
  • City: Jerome
  • State: MI
  • Zip Code: 49249
  • County: Hillsdale
  • Latitude: 42.052405
  • Longitude: -84.429311
  • Area - Minor: Jackson County - JX
  • Water Type: Lake, Pond
Taxes and HOA
  • Taxable Value: 50852.0
  • Approx. Assoc Fee: $0
  • Association Amenities: Storage
  • Tax ID #: 30-04-145-001-021
  • Association: Yes
  • Homestead: 0
  • SEV: 72330
Parking
  • Parking Features: Driveway, Gravel
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 180x233
  • Lot Measurement: Acres
  • Lot Acres: 0.96
  • Lot Square Footage: 41817.6
  • Lot Size Area: 0.96
Property and Assessments
  • Tax Year: 0
  • Road Surface Type: Paved
  • Legal: LOT 3,4,5 LAKE LE ANN-Laguana P
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 0
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Available
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Electricity Available, Natural Gas Available
  • Utilities Attached: Natural Gas Connected
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Construction Materials: Aluminum Siding, Brick
  • Water Fea Amenities: All Sports, Assoc Access
  • Street Type: Paved
  • Assoc Amenities: Storage
  • Exterior Material: Aluminum Siding, Brick
  • Roofing: Metal
  • Substructure: Crawl Space, Full, Walk-Out Access
  • Extras: Tenant Storage
Interior Features
  • Heating: Forced Air, Space Heater
  • Basement: Yes
  • Cooling: Central, Window Unit(s)
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air, Space Heater
  • Air Conditioning: Central Air, Window Unit(s)
Multi Family
Multi Family Information
  • Number of Units: 4
Income & Expense
  • Net Operating Income: $55,200.00
  • Operating Expense: $2,650.00
  • Gross Income: $.00
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $700.00
  • SqFt: 744.0
  • Description: 3 Bedroom
Unit 2
  • BathsTotal: 1
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $750.00
  • SqFt: 800.0
  • Description: 2 Bedroom
Unit 3
  • BathsTotal: 1
  • BedsTotal: 0
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $400.00
  • SqFt: 700.0
  • Description: 1 Bedroom
Unit 4
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $450.00
  • SqFt: 900.0
  • Description: Efficiency
Rental
Rental Information
  • Tenant Pays: Electric, Gas, Trash
  • Owner Pays: Electricity, Gas, Trash Collection
  • Terms Available: Cash, Conventional

Property History for 11548 East Chicago Road

DateEvent & SourcePriceAppreciation
Mar 26, 2018

Sold (Public Record)

Public Record #1285831044

$110,000—
Mar 7, 2018

Sold

MiRealSource #70125584

$110,000—
Mar 7, 2018

Sold

MiRealSource #21408605

$110,000—
DateEvent & SourcePrice
03/26/2018

Sold (Public Record)

Public Record #1285831044

$110,000
03/07/2018

Sold

MiRealSource #70125584

$110,000
03/07/2018

Sold

MiRealSource #21408605

$110,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11548 East Chicago Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,760 ($313 / month)
Home Facts
Beds0Baths1Total Finished SqFt2,244 SqFtAbove Grade Finished SqFt2,244 SqFtUnfinished Basement SqFt1,344 SqFtStories1Lot Size41,992 SqFtStyleSingle Family ResidenceZoningRU1CountyHILLSDALEAPN04-145-001-021

Schools near 11548 East Chicago Road

This home is within Addison Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Addison Elementary School
PublicPK to 5

Addison Middle School
Public6 to 8

Addison High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 11548 East Chicago Road, Jerome, MI 49249
$110,000
6
–
41,817
–
–
–
–
9,017
–
–
–
–
9,017
$10,600
–
–
–
14,985
$5,000
–
–
–
9,017
–
–
–
–
9,017

Explore Nearby Homes

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Listing Courtesy of EXIT REALTY 1ST LLC

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.