STRONG POSITIVE CASH FLOW IN THE HEART OF BACK OF THE YARDS Welcome to 4504 S Paulina St, a solid and well-maintained legal 3-unit building offering an excellent investment opportunity with positive cash flow. The property features three separate apartment units: First Floor Front Unit: Spacious apartment First Floor Rear Unit: Separate apartment Second Floor: Full-floor unit extending from front to rear All three units are legally configured as a 3-unit property. An additional benefit for investors is that tenants pay their own gas and electric, helping keep operating expenses lower and supporting strong cash flow. This is an excellent opportunity for an investor or owner occupant looking for a cash-flowing multifamily property in Back of the Yards, with multiple rental units and tenant-paid utilities. Property Highlights: Legal 3-unit building 2 units on the first floor 1 full-unit apartment on the second floor Positive cash flow Tenants pay gas and electric Strong investment opportunity Located in Back of the Yards
Property Details
Price:
$299,900
MLS #:
MRD12761976
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Sep 16, 2026
Year Built:
1893
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding, Frame
Parking Features
Yes
Parking Spots
2
Parking Total
2
Financial
Tax Year
2023
Taxes
$1,060
Map
Community
- Address4504 S Paulina Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 14, 2026
1,346
Multi Family Listed
77
Avg DOM
$529,627
Avg List Price
Property Summary
- 4504 S Paulina Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $299,900
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Copyright 2026. All rights reserved.
4504 S Paulina Street
Chicago, IL


