Active
8022 Paulina Street
Chicago, IL 60620
$609,995
0beds
0baths
—sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
Turnkey 6-unit multifamily property delivering immediate cash flow with significant upside potential. Four units are currently occupied with tenants paying their own utilities, keeping operating costs lean from day one. Major capital improvements have already been addressed including a new roof, porch, fence, and updated unit interiors - removing the heavy lifting for the next owner. Two vacant units are ready to lease for instant income upside, and the unfinished basement presents an opportunity to add additional units. A 4-car garage and coin laundry installation potential offer even more ways to maximize NOI. Major CapEx done, a stabilized tenant base in place, and multiple levers to force appreciation - 8022 S Paulina is a disciplined investor's dream. Properties with this profile don't last.
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeCommercial Sale
Year built1926
Lot dimensions.172
AreaCHI - Auburn Gresham
Annual tax$5,908
First listedApr 26, 2026
Parcel #20312130240000
CountyCook
MLS #MRD12630187
Days on market2
Photos16
Listed by
eXp Realty
Denzel Blocker
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/28/2026, 12:14:02 AM. All data should be independently verified.
You + your agent
What do you think?
React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.
Loading…
More homes you might like