Active Under Contract

$600,000

8314 Paulina Street, Chicago, IL 60620
11 Beds5 Baths14 days
8314 Paulina Street·Chicago, IL 60620
11Bedrooms
5Bathrooms
1926Year Built
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.

MLS# 12760475Listed September 17, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms5
Total Rooms15

Size & Structure

Year Built1926
Lot Size50 x 124

Location

CountyCook
TownshipSouth Chicago
Zip Code60620

Financial

List Price$600,000
Annual Taxes (2025)$5,418
Monthly Tax Est.$452
Parcel #20314040230000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyYes
Tax & Financial
Annual Taxes
$5,418
Tax Year 2025
Monthly Tax Est.
$452
per month
Property Location

8314 Paulina Street, Chicago, IL 60620 — Cook County

$600,000
8314 Paulina Street
11 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
50 x 124
$5,418/yr taxes
$3,605
estimated monthly payment
Principal & Interest
$3,153/mo
Property Tax
$452/mo
$600,000
20% — $120,000
3%50%
6.875%
3%12%
Loan Amount
$480,000
Down Payment
$120,000

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

Listed by
Jason Mitchell Real Estate IL
Agent: Darryl Toney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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