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$600,000
New Listing

8314 S Paulina Street
Chicago, IL60620

For Sale|Multi Family|Active
11
Beds
5
Total Baths
1926
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Jason Mitchell Real Estate IL

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708-308-1938
Upcoming Open Houses
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Sat, Sep 19, 11:00 AM - 12:30 PM
8314 S Paulina Street8314 S Paulina Street8314 S Paulina Street8314 S Paulina Street
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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.

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Listing Snapshot
Price 
$600,000
Days On Site 
0 Days
Bedrooms 
11
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1926
MLS® Number 
12760475
Status 
Active
Property Tax 
$5,418
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
Partially FinishedFull
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Patio And Porch 
Porch
Community Features
MLS Area 
CHI - Auburn Gresham
School District 
299
Township 
South Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Jason Mitchell Real Estate IL



Based on information submitted to the MLS GRID as of 2026-09-18 05:58 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-18 05:58 AM UTC
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Neighborhood & Commute
Source: Walkscore
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