8022 S Paulina Street Chicago, IL ^$ 609,995

8022 S Paulina Street

^$ 609,995

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8022 S Paulina Street

Chicago, IL, 60620

^$ 609,995

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 3,756

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Multi-Family Home for sale in Chicago, IL

for $609,995 with 2 bedrooms. This home was built in 1926.

Turnkey 6-unit multifamily property delivering immediate cash flow with significant upside potential. Four units are currently occupied with tenants paying their own utilities, keeping operating costs lean from day one. Major capital improvements have already been addressed including a new roof, porch, fence, and updated unit interiors - removing the heavy lifting for the next owner. Two vacant units are ready to lease for instant income upside, and the unfinished basement presents an opportunity to add additional units. A 4-car garage and coin laundry installation potential offer even more ways to maximize NOI. Major CapEx done, a stabilized tenant base in place, and multiple levers to force appreciation - 8022 S Paulina is a disciplined investor's dream. Properties with this profile don't last.

Multi-Family Active

Price

^$ 609,995

Bedrooms

Property Type

Multi-Family

Taxes

^$ 5,908

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12630187

Features

General

Year Built 1926

Stories Count 3

Tax Year 2023

Gross Income 87420

County Cook

Net Operating Income 69247

Operating Expense 18173

Insurance Expense 10972

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 1800

Status New

Directions East on 80th st South on Paulina to address

City Chicago

Number Of Units Total 6

MLS Area CHI - Auburn Gresham

Tax Annual Amount 5908

Electric Expense 641

Fuel Expense 1800

Trash Expense 960

Water Sewer Expense 2000

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions .172

* Excluded Features

List By

Exp Realty

Broker

dblocker0@gmail.com

Affordability Calculator

$4,248

Per Month

Monthly Principal & Interest: $3,756
Monthly Property Taxes: $492
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$617,068

Percent of Sale Price 1%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/28/2026	$609,995		Listed Price

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8022 S Paulina Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $609,995. 8022 S Paulina Street has 2 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/3/2026.

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8022 S Paulina Street

Multi-Family Home for sale in Chicago, IL

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