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.

Key Features

  • Built in 1926
  • 3 stories

Property Details

3 stories
6 full
1926
Listing 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.

Monthly Cost Estimate

$3,262/mo

20% down · 6.5% · 30 years

Principal$441
Interest$2,643
Insurance$178

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 $3,262 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 3 stories.

This property is listed by Denzel Blocker.

DB

Denzel Blocker

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (888) 574-9405 · View on Broker Site · Broker website

MLS# 12630187· Source: Midwest Real Estate Data, LLC· 189 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8022 S Paulina Street, Chicago, IL 60620

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