Sold
107 E Chicago Street, Buchanan, MI 49107
Sold on 02/17/2026 for$65,000
MLS # 26004543 (Michigan Regional Information Center (MichRIC))
2 beds1 bath840 sqftBuilt 19370.15 acres
1 / 9
Listing Description
Discover an exceptional investment opportunity in the heart of downtown Buchanan, perfectly situated along McCoy Creek. This solid two-bedroom home has been fully gutted, offering a clean slate to design and build to your vision. A brand-new roof installed in 2024 adds immediate value and peace of mind. Located within an AirBnB-approved district, the property is ideal for short-term rental or resale. The attic offers strong potential for future finished living space, increasing returns. With location, structure, and flexibility already in place, this property is ready for transformation into a standout income-producing asset for savvy investors seeking long-term growth here. Owner is licensed real estate agent/broker.
Source: SparkMLS
About this home
Located in Buchanan Township in Buchanan, this property offers 2-bedroom, 1-bath, 840 sq ft, with original construction dating to 1937.
Closed at $65,000 (about $77/sq ft).
Estimated annual property tax: $1,223, or about $102 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area840 sqft
Lot Size0.15 acres
Year Built1937
Stories1
Location
CityBuchanan
MunicipalityBuchanan City
Zip Code49107
CountyBerrien
School DistrictBuchanan
Construction & Systems
StyleRanch
ConstructionWood Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed2/6/2026
Sold Date2/16/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,223
Tax Year2024
Assessed Value$21,651
Parcel #11-58-1500-0042-00-2
Source: SparkMLS
Legal Description
PART OF LOT 5 BLK B AC DAYS ADD TO CITY OF BUCHANAN E OF CREEK EXC THE E 100' THEREOF
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Matthew Pleasant
Howard Hanna Real Estate
Frequently Asked Questions about 107 E Chicago Street, Buchanan, MI 49107
Which school district serves 107 E Chicago Street, Buchanan, MI 49107?
Per MLS# 26004543, 107 E Chicago Street, Buchanan, MI 49107 is in the Buchanan boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Buchanan directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26004543, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 107 E Chicago Street, Buchanan, MI 49107?
Per public tax records, annual property taxes for this property are $1,223 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 107 E Chicago Street, Buchanan, MI 49107 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 107 E Chicago Street, Buchanan, MI 49107 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 107 E Chicago Street, Buchanan, MI 49107. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 107 E Chicago Street, Buchanan, MI 49107?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Buchanan City police department or the Berrien County sheriff's office.
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Mortgage Calculator
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Monthly payment$422
Principal & interest$422
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
9 providers at this address
AT&TFiber
5 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
107 E Chicago Street, Buchanan, MI 49107
View full property history →
Municipality
Buchanan Township
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