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8022 S Paulina Street, Chicago, IL 60620

$609,995
  • 8022 S Paulina Street, Chicago, IL 60620 Main Photo

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Active
BEDS0 BATHS MLS#12630187
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

8022 S Paulina Street | MLS# 12630187

This multi-family property located at 8022 S Paulina Street, Chicago, IL 60620 is currently listed for sale with an asking price of $609,995. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0
Stories: 3.0
Taxes: $5,908
Year Built: 1926

Feature Descriptions

HVAC: Central Heat/Indiv Controls
Lot Dimensions: .172
Parcel#: 20312130240000
Units: 6

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-574-9405

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Estimated Payment

$ 2,027.83 per month $1,357.58 Principal & Interest $492.33 Property Tax $177.92 Homeowner's Insurance

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