ClosedPrice Reduced

$240,000

$250,000
7821 Paulina Street, Chicago, IL 60620
6 Beds2 Baths31 days
7821 Paulina Street·Chicago, IL 60620
6Bedrooms
2Bathrooms
1920Year Built
About This Home

Welcome to this investor-friendly 2-unit property, an exceptional opportunity for those seeking a lucrative investment in the real estate market. This property offers the perfect blend of functionality, profitability, and potential. With large rooms offering comfortable living spaces for the tenants. Each unit has 3 bedrooms and 1 bathroom and a two-car garage which offers each unit 1 parking space. Each unit has its own separate entrance, ensuring privacy and independence for the tenants. The property has been well maintained and separate utility meters. The property's strategic location offers convenient access to essential amenities, schools, transportation and recreational facilities. Given the current market demand, rental rates in the area are strong, providing a steady stream of income and solid return of investment. The property holds immense potential for future appreciation, making it an enticing long-term investment opportunity. Whether you are a seasoned investor looking to expand your portfolio or a first-time investor seeking a great opportunity, this investor-friendly 2 flat property is a great choice. Seller will also address any concerns if something arises on FHA appraisal. The second floor is vacant, and the owner occupies the first unit and can vacate the property immediately. Schedule your tour today!

MLS# 11789653Listed May 21, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1920
Lot Size3750 SQ

Location

CountyCook
TownshipSouth Chicago
Zip Code60620

Financial

List Price$240,000
Original Price$250,000
Annual Taxes (2021)$2,146
Monthly Tax Est.$179
Parcel #20304340070000
Interior Features

Heating

Natural GasRadiant

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$2,146
Tax Year 2021
Monthly Tax Est.
$179
per month
Price Reduced by $10,000
Original list price: $250,000
Property Location

7821 Paulina Street, Chicago, IL 60620Cook County

$240,000
7821 Paulina Street
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
31 days on market
2-car garage
3750 SQ
$2,146/yr taxes
Price reduced $10,000
$1,440
estimated monthly payment
Principal & Interest
$1,261/mo
Property Tax
$179/mo
$240,000
20% — $48,000
3%50%
6.875%
3%12%
Loan Amount
$192,000
Down Payment
$48,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
eXp Realty, LLC
Agent: Daphne Pinkney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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