5409 S Paulina Street, Chicago, IL 60609
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5409 S Paulina Street,Chicago, IL 60609
$399,900
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Oct 1001:00 pm - 03:00 pm
Listed by: jacqueline zepeda
Office: village realty, inc.
MLS#:12779271
Source:MLSNI
Price summary
- Price:$399,900
About this home
**LIVE IN ONE, RENT THE OTHER - AN EXCEPTIONAL 2-UNIT INVESTMENT OPPORTUNITY! Why settle for an ordinary property when you can own a beautifully transformed, income-producing investment with the major work already done? Welcome to an extensively GUT-REHABBED BRICK 2-UNIT property offering the perfect combination of modern finishes, substantial infrastructure improvements, & long-term investment potential! Completely transformed through an extensive renovation from 2023-2026, this property was remodeled with CITY OF CHICAGO-APPROVED ARCHITECTURAL PLANS & PERMITS! Per seller, All required inspections have been successfully passed, including ELECTRICAL, PLUMBING, HVAC, & NEW CONSTRUCTION, with work completed in accordance with applicable Chicago Construction Codes. BOTH UNITS showcase BRAND-NEW KITCHENS featuring beautiful white cabinetry, elegant QUARTZ COUNTERTOPS, & BRAND-NEW STAINLESS STEEL APPLIANCES (2026), complemented by stylish gray vinyl flooring, renovated bathrooms with ceramic tile finishes, modern lighting, & new interior doors. The TRUE VALUE goes far beyond the finishes! Major improvements include a NEW ROOF (2023), NEW WINDOWS (2024), COMPLETELY NEW ELECTRICAL WIRING & PLUMBING THROUGHOUT (2026), NEW UNDERGROUND PLUMBING & DRAIN TILES (2024), NEW SOFFITS, FASCIA & GUTTERS (2024), and TWO CENTRAL AIR CONDITIONING CONDENSERS (2025)! Each unit features its OWN ELECTRICAL PANEL, along with TWO SEPARATE GAS METERS and a dedicated electrical panel for common areas. Step outside to enjoy the FRESHLY PAINTED FRONT PORCH and TWO FRESHLY PAINTED REAR PORCHES, one for each unit! And THERE'S MORE! The property offers a SPACIOUS, FULL UNFINISHED BASEMENT, providing an exciting blank canvas for the next owner's vision! Whether you envision additional storage, a workshop, hobby space, or future improvements tailored to your needs, the basement offers flexibility and potential for further customization, subject to applicable permits and approvals. For investors, this means acquiring a property with extensive capital improvements already completed & the opportunity to focus on rental income rather than taking on a major renovation from day one. For owner-occupants, imagine enjoying a beautifully renovated home while rental income from the second unit helps towards YOUR MONTHLY MORTGAGE! LOCATION ADDS EVEN MORE VALUE! Conveniently located near neighborhood schools, Cornell Square Park, Sherman Park, grocery stores, shopping, local restaurants, and everyday essentials, with access to CTA transportation and major expressways including I-90/94, connecting you to downtown Chicago and surrounding suburbs. Whether you're growing your investment portfolio or beginning your homeownership journey, this property offers an outstanding opportunity to build equity and invest in your future! THE MAJOR WORK HAS BEEN DONE - NOW IT'S YOUR TURN TO ENJOY THE BENEFITS! Schedule your private showing today!**...
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Home facts
- Year built:1898
- Listing ID #:12779271
- Updated:October 09, 2026 at 04:41 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Kitchen Description:Kitchen
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Individual Room Controls, Natural Gas, Sep Heating Systems - 2+
Structure and exterior
- Roof:Asphalt
- Year built:1898
- Lot area:0.07 Acres
- Architectural Style:Traditional
- Foundation Description:Concrete Perimeter
Schools
- High school:Tilden Career Communty Academy S
- Middle school:Fulton Elementary School
- Elementary school:Fulton Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,900
- Tax amount:$2,492 (2025)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Multiple Water Heaters
Parking
- Total parking spaces:2
- Parking description:Off Alley, Off Street
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