8314 S Paulina Street, Chicago, IL

$600,000

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11

Beds

About 8314 S Paulina Street

Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with improvements made in 2026. Finished basement clubhouse with an additional bedroom, full bath, in-building laundry, and storage area gives tenants multiple reasons to stay, reducing turnover. Four exterior parking spaces. Whether you are looking to live in one unit and grow your equity, or add a property that earns from day one to your portfolio, this is a fantastic opportunity that builds generational wealth. Do not disturb tenants.

Features of 8314 S Paulina Street

MLS® # 12760475
Price $600,000
Bedrooms 11
Bathrooms 0.00
Year Built 1926
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 8314 S Paulina Street
Area CHI - Auburn Gresham
City Chicago
County Cook
State IL
Zip Code 60620

Amenities

Parking Spaces 4
Parking Off Alley, Yes
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Partially Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeJason Mitchell Real Estate IL

Listing Map

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