1550 Cherboneau Place, Unit 221

63,192 Sq. Ft.
$1 / Sq. Ft.
63,192
Sq. Ft.
$1
per Sq. Ft.

Description

In the heart of Historic Lafayette Park! Spacious first-floor 1-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating and modern touches, this could become an incredible downtown retreat with unbeatable value. Enjoy generous storage and an unbeatable location just moments from some of Detroit's most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment....In the heart of Historic Lafayette Park! Spacious first-floor 1-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating and modern touches, this could become an incredible downtown retreat with unbeatable value. Enjoy generous storage and an unbeatable location just moments from some of Detroit's most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment. Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience. The monthly HOA ($720) provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance. Assoc. contact: marcusmgt@aol.com / 248.553.47
  1. Listed by Brian Meeks • Berkshire Hathaway HomeService
    P: (734)-678-9303 C: (734)-678-9303 brianjcmeeks@gmail.com

Property Details for 1550 Cherboneau Place, Unit 221

Has Waterfront
No
LISTING UPDATED: 06/30/2026 08:29 AM

Property Details for 1550 Cherboneau Place, Unit 221

StatusActive
MLS #70533770
Days on Market31
Pet Policy-
Taxes-
HOA Fees$720 / month
Condo/Co-op Fees-
Property TypeCo-op
MLS TypeResidential / Condominium
Year Built1963
CountyWayne County

Location

Listing Courtesy of Berkshire Hathaway HomeService
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Building Information for 1550 Cherboneau Place, Unit 221

Building/Complex1550 Cherboneau PlFloor2Stories2Residences-Pet Policy-Pet Policy Details-Year Built1963

Payment Calculator

$906 per month

30 year fixed, 6.36% Interest

Principal and Interest

$186

Property Taxes

$0

HOA Dues

$720

The Payment Calculator is for illustrative purposes only.

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Property Information for 1550 Cherboneau Place, Unit 221

Summary
Location and General Information
  • Carrier Route: C011
  • Cross Street: Orleans
  • Latitude: 42.340881
  • Longitude: -83.033936
  • MLS Area Major: Detroit (82001)
  • Unit Number: 221
Taxes and HOA
  • Association Fee: $720.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds, Snow Removal, Water, Trash
  • Association: Yes
  • Association Fee Monthly: $720.00
  • Parcel Number: 07001961.
  • Tax Year: 2025
Parking
  • Garage: No
  • Parking Features: Paved
Property
Lot Information
  • Lot Size Acres: 3.02
Property and Assessments
  • Above Grade Finished Area: 763.0
  • Building Area Total: 763.0
  • Living Area: 63192.0
  • New Construction: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1963
Building Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Stories: 2
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer, True
  • Utilities: Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Private Pool: No
Interior Features
  • Appliances: Microwave, Range, Oven, Gas Water Heater
  • Basement: true
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Cooling: Central
  • Has Fireplace: No
  • Flooring: Carpet, Laminate
  • Heating: Baseboard, Natural Gas
  • Has Heating: Yes
  • Interior Features: Elevator
  • Total Rooms: 3
  • Water Heater: Gas
Room Information
Room 1
  • Dimensions: 8x7
  • Length: 8.0
  • Level: Main
  • Type: Dining Room
  • Width: 7.0
Room 2
  • Dimensions: 10x7
  • Length: 10.0
  • Level: Main
  • Type: Kitchen
  • Width: 7.0

Property History for 1550 Cherboneau Place, Unit 221

DateEvent & SourcePriceAppreciation
May 22, 2026

Listed (Active)

Michigan Regional Information Center #26024085

$37,400—
May 21, 2026

Listed (Active)

MiRealSource #70533770

$37,400—
DateEvent & SourcePrice
05/22/2026

Listed (Active)

Michigan Regional Information Center #26024085

$37,400
05/21/2026

Listed (Active)

MiRealSource #70533770

$37,400

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

Schools near 1550 Cherboneau Place, Unit 221

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Chrysler Elementary School
PublicPK to 5

Bates Academy
PublicPK to 8

Bunche Elementary-Middle School
PublicPK to 8

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.

Similar Homes

1550 Cherboneau Place, Unit 221 is a co-op for sale in Detroit, MI 48207. This property was listed for sale on May 21, 2026 by Berkshire Hathaway HomeService, it's currently listed at $37,400. This listing's school district is Detroit Public Schools Community District. Nearby schools include Chrysler Elementary School, Bates Academy and Foreign Language Immersion And Cultural Studies. 1550 Cherboneau Place, Unit 221 is a 1-bed, 1-bath, 63,192 sqft co-op built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService

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