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8314 S Paulina Street Chicago, IL $ 600,000
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$ 600,000 Get more info
8314 S Paulina Street
$ 600,000
Back to search
Share Save

8314 S Paulina Street

Chicago, IL, 60620
$ 600,000
Bedrooms11 Baths5.0

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Chicago, IL

for $600,000 with 11 bedrooms and 5 full baths. This home was built in 1926.

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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Multi-Family Contingent

Price

$ 600,000

Bedrooms

11

Full Bath

5

Property Type

Multi-Family

Taxes

$ 5,418

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12760475
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1926
Township South Chicago
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions Take Ashland Ave. to 83rd St West to Paulina St. South to property
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Tax Annual Amount 5418
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 11
Room Type Enclosed Porch Recreation Room Utility Room-Lower Level
Total Baths 5
Bedrooms Possible 11
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Off Alley Yes
Water Source Public
Total Parking 4
Lot Dimensions 50 x 124
Waterfront Y/N N
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* Excluded Features
List By
Jason Mitchell Real Estate Il

Broker

toney.naca@gmail.com

Email

Affordability Calculator

$4,240
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$452
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/18/2026$600,000 Listed Price

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8314 S Paulina Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $600,000. 8314 S Paulina Street has 11 bedrooms, 5.0 baths, and was built in 1926. The property's zip code is 60620 which is in Chicago, IL

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