8022 S Paulina Street, Chicago, IL
  • $609,995

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.

  • Listing Courtesy of: eXp Realty

Details

Updated on June 28, 2026 at 5:20 pm
  • Property ID MRD12630187
  • Price $609,995
  • Year Built 1926
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20312130240000
  • MLS Status Active
  • Days On Market 63
  • Cumulative Days On Market 8
  • Tax Annual Amount 5908
  • Directions East on 80th st, South on Paulina to address
  • StoriesTotal 3
  • Address 8022 S Paulina Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60620
  • Country United States

Overview

Property ID: MRD12630187
  • Multi Family
  • Property Type
  • 1926
  • Year Built

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