8314 S Paulina Street, Chicago, IL 60620

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
8314 S Paulina Street,Chicago, IL 60620
$600,000
  • 11 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: darryl toney
Office: jason mitchell real estate il
MLS#:12760475
Source:MLSNI

Price summary

  • Price:$600,000

About this home

Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with improvements made in 2026. Finished basement clubhouse with an additional bedroom, full bath, in-building laundry, and storage area gives tenants multiple reasons to stay, reducing turnover. Four exterior parking spaces. Whether you are looking to live in one unit and grow your equity, or add a property that earns from day one to your portfolio, this is a fantastic opportunity that builds generational wealth. Do not disturb tenants.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1926
  • Listing ID #:12760475
  • Updated:November 12, 2026 at 10:01 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:15
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1926

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Tax amount:$5,418 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Off Alley
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

New listings near 8314 S Paulina Street