8314 S Paulina St
Chicago, IL 60620
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
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
Contact Agent
Property Rocks
(773) 998-2401Property Details
Community Information
Address
8314 S Paulina St, Chicago, IL 60620
Area
Auburn Gresham
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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Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
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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