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8314 S Paulina Street Chicago, IL 60620

$600,000
Contingent / MLS# 12760475 / Multi Unit - Multiple / Chicago
11 Beds
5 Baths

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 2,170.37 per month $1,543.87 Principal & Interest $451.50 Property Tax $175.00 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Full
Heating: Natural Gas
Lot Size: 0.14 Acres
Taxes: $5,418
Year Built: 1926

Feature Descriptions

Additional rooms: Enclosed Porch, Recreation Room, Utility Room-Lower Level
Exterior: Brick
Lot Dimensions: 50 x 124
Parcel#: 20314040230000
Parking: Off Alley, Yes
Sewer: Public Sewer
Total Rooms: 15
Township: South Chicago
Water: Public

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Jason Mitchell Real Estate IL

Listing Office Phone: 708-917-6640



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