Active Under Contract Multi-Family MLS# 12760475

8314 S Paulina Street

Chicago, IL 60620

$600,000

midwest-real-estate-data logo

About 8314 S Paulina Street

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.

Property details

Property

Type
multi
Year built
1926
List date
Sep 17, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
Auburn Gresham
Neighborhood
Auburn Gresham

Location

Neighborhood
Auburn Gresham
School district
Chicago Public School District 299

Ask about this property

Questions on 8314 S Paulina Street, Chicago, IL 60620, or want to see it in person?

Listed by Darryl Toney, Jason Mitchell Real Estate IL

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.