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About This Home
This 12-bedroom, 6-bathroom residential multi family at 8022 S Paulina Street in Chicago, IL is listed for $609,995. Built in 1926, on a N/A lot.
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.
Key Features
- Built in 1926
- 3 stories
Property Details
Monthly Cost Estimate
$3,262/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8022 S Paulina Street
Chicago, IL 60620
Questions & Answers
This 12-bedroom, 6-bathroom residential multi family at 8022 S Paulina Street is listed at $609,995. The estimated monthly payment is $2,643 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 3 stories.
This property is listed by Denzel Blocker and can be reached at (888) 574-9405 or dblocker0@gmail.com.
