8022 S Paulina Street Chicago, IL 60620

$609,995

New / MLS# 12630187 / Multi Unit - Multiple / Chicago

0 Beds

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.

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Property Details

Property Type: Multi Unit - Multiple

Lot Size: 0

Stories: 3.0

Taxes: $5,908

Year Built: 1926

Feature Descriptions

HVAC: Central Heat/Indiv Controls

Lot Dimensions: .172

Parcel#: 20312130240000

Units: 6

Location

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