8022 S Paulina Street
Chicago, IL, 60620
$609,995
2 Beds
1 Baths
0 SqFt
0 Acres
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$609,995
8022 S Paulina Street
Chicago, IL, 60620
MLS #MRD12630187 image #0MLS #MRD12630187 image #1MLS #MRD12630187 image #2MLS #MRD12630187 image #3MLS #MRD12630187 image #4MLS #MRD12630187 image #5MLS #MRD12630187 image #6MLS #MRD12630187 image #7MLS #MRD12630187 image #8MLS #MRD12630187 image #9MLS #MRD12630187 image #10MLS #MRD12630187 image #11MLS #MRD12630187 image #12MLS #MRD12630187 image #13MLS #MRD12630187 image #14MLS #MRD12630187 image #15
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.

Property Details

Price:
$609,995
MLS #:
MRD12630187
Status:
Active
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
chiauburngresham
Listed Date:
Apr 27, 2026
Year Built:
1926
Chi – Auburn GreshamChiauburngresham

Schools

Interior

Exterior

Stories
3

Financial

Maintenance Fee
$1,800
Net Operating Income
$69,247
Tax Year
2023
Taxes
$5,908
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Apr 29, 2026
935
Commercial Listed
189
Avg DOM
$1,028,338
Avg List Price

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Property Summary

    8022 S Paulina Street Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $609,995 To schedule a showing of MLS#mrd12630187 at 8022 S Paulina Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8022 S Paulina Street
Chicago, IL