8314 Paulina Street, Auburn Gresham, Chicago, Illinois 60620
$600,000
|
For Sale
|
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 1926 |
| Property Taxes: | $5,418 |
| Days On Market: | 50 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1926 | |
| 2024 | |
| Partially Finished, Full | |
| Brick | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| — | |
| Natural Gas | |
| 12760475 | |
| 20314040230000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Sep, 2026 | Under contract | $600,000 | MRED MLS |
| 17 Sep, 2026 | Listed for sale | $600,000 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: Enclosed Porch, Recreation Room, Utility Room-Lower Level
Other Specifics
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| — | |
| Off Alley | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 50 x 124 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $5,418 |
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Listing Provided By
Jason Mitchell Real Estate IL
