4504 S Paulina Street Chicago, IL $ 299,900
4504 S Paulina Street
$ 299,900
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4504 S Paulina Street

Chicago, IL, 60609
$ 299,900
Bedrooms8 Baths4.0

Monthly Estimate*

$ 1,894

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4504 S Paulina Street, Chicago, IL 60609 - Image 10

Multi-Family Home for sale in Chicago, IL

for $299,900 with 8 bedrooms and 4 full baths. This home was built in 1893.

STRONG POSITIVE CASH FLOW IN THE HEART OF BACK OF THE YARDS Welcome to 4504 S Paulina St, a solid and well-maintained legal 3-unit building offering an excellent investment opportunity with positive cash flow. The property features three separate apartment units: First Floor Front Unit: Spacious apartment First Floor Rear Unit: Separate apartment Second Floor: Full-floor unit extending from front to rear All three units are legally configured as a 3-unit property. An additional benefit for investors is that tenants pay their own gas and electric, helping keep operating expenses lower and supporting strong cash flow. This is an excellent opportunity for an investor or owner occupant looking for a cash-flowing multifamily property in Back of the Yards, with multiple rental units and tenant-paid utilities. Property Highlights: Legal 3-unit building 2 units on the first floor 1 full-unit apartment on the second floor Positive cash flow Tenants pay gas and electric Strong investment opportunity Located in Back of the Yards

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Multi-Family Active

Price

$ 299,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,060

Style

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12761976

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Immediate
Construction Materials Vinyl Siding Frame
Year Built 1893
Township Lake
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions 47 TO PAULINA NORTH TO ADRESS
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 1060
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Partial
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 30x125
Waterfront Y/N N
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* Excluded Features
List By
Golden Enterprise Realty Inc

Broker

goldenenterprise@sbcglobal.net

Email

Affordability Calculator

$1,982
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$88
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$299,900 Listed Price

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4504 S Paulina Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $299,900. 4504 S Paulina Street has 8 bedrooms, 4.0 baths, and was built in 1893. The property's zip code is 60609 which is in Chicago, IL