8022 S Paulina St

Chicago, IL 60620
  • $609,995

    Price

About the Listing 87488 - 882162,889067

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.

Listing Highlights for 8022 S Paulina St

Status Pending
Days on Site 170
Property Type Multi-Family
MLS ® 12630187
Year Built 1926
Lot/Acreage .172

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Central Heat/Indiv Controls
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: .172
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $5,908
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20312130240000
  • Tax Year: 2023

Payment Calculator

Monthly Payment

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Listing Location

Questions About..

8022 S Paulina St Chicago, IL 60620

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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