8314 S Paulina Street, Chicago, IL 60620

Chicago
Local realty services provided by:ERA Naper Realty
8314 S Paulina Street,Chicago, IL 60620
$600,000
  • 11 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: darryl toney
Office: jason mitchell real estate il
MLS#:12760475
Source:MLSNI

Price summary

  • Price:$600,000

About this home

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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Home facts

  • Year built:1926
  • Listing ID #:12760475
  • Updated:September 26, 2026 at 08:41 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:15
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1926

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Tax amount:$5,418 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Off Alley
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