8022 S Paulina Street
Chicago, IL, 60620
$609,995
2 Beds
1 Baths
0 SqFt
0 Acres
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MLS #MRD12630187 image #0
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.

Property Details

Price:
$609,995
MLS #:
MRD12630187
Status:
Active
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
chiauburngresham
Listed Date:
Apr 26, 2026
Year Built:
1926
Chi – Auburn GreshamChiauburngresham

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Schools

Interior

Exterior

Stories
3

Financial

Maintenance Fee
$1,800
Net Operating Income
$69,247
Tax Year
2023
Taxes
$5,908

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
894
Commercial Listed
191
Avg DOM
$1,025,448
Avg List Price

Property Summary

    8022 S Paulina Street Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $609,995

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