8314 S Paulina St Chicago, IL 60620
8314 S Paulina St Chicago, IL 60620 | MLS 12760475 Photo 1
8314 S Paulina St Chicago, IL 60620 | MLS 12760475 Photo 2
8314 S Paulina St Chicago, IL 60620 | MLS 12760475 Photo 3
8314 S Paulina St Chicago, IL 60620 | MLS 12760475 Photo 4
8314 S Paulina St Chicago, IL 60620 | MLS 12760475 Photo 5
For more information on this listing, contact us at: (773) 998-2401
Active
$600,000

8314 S Paulina St Chicago, IL 60620

Multi Family- 2-4 Units Property Type
11 Beds
5 Baths
1926 Year Built
Cook County
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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.
MLS # 12760475
Monthly HOA N/A
On Site 2 Days
Last Updated 9/17/2026

Open House Schedule

Saturday, September 19, 2026 | 11:00 AM - 12:30 PM

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Property Rocks

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(773) 998-2401

Property Details

Community Information

Address 8314 S Paulina St, Chicago, IL 60620
County Cook
City Chicago
School District 299
Township South Chicago
Zip Code 60620

Architecture

Bedrooms 11
Bathrooms 5
Year Built 1926
Construction Materials Brick
Total # Units in Building 4
Age Range 91-100 Years
Basement Type Partially Finished, Full
Parking Features Off Alley, Yes

Features / Amenities

Rooms Enclosed Porch, Recreation Room, Utility Room-Lower Level
Parking Total 4
Heat Source / Type Natural Gas
Total Rooms 15

Property Features

Lot Dimensions Less Than .25 Acre
Sewer Public Sewer
Water Public
Transportation Commuter Bus, Interstate Access
Open House Count 1
Open House Update 2026-09-18T02:39:11
Directions Take Ashland Ave. to 83rd St, West to Paulina St., South to property

Tax and Financial Info

Tax Year 2025
Tax Annual Amount $5,418
Ownership Fee Simple

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8314 S Paulina St Chicago, IL 60620 | MLS 12760475
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Listing provided courtesy of Jason Mitchell Real Estate Il.

Listings courtesy of MRED MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of September 18, 2026 6:00 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Properties displayed may be listed or sold by various participants in the MLS

(773) 998-2401
8314 S Paulina St Chicago, IL 60620
  • $600,000
  • 11 beds
  • 5 baths