Chicago, IL 60620 8022 S Paulina Street
$609,995



11 more











Presented By: eXp Realty
Home Details
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.
Presented By: eXp Realty
General for 8022 S Paulina Street
Additional Parcels Y/NNo
CityChicago
CountyCook
DirectionsEast on 80th st, South on Paulina to address
Electric Expense641
Fuel Expense1800
Gross Income87420
Insurance Expense10972
MLS AreaCHI - Auburn Gresham
MaintenanceExpense1800
Net Operating Income69247
Number Of Units Total6
Operating Expense18173
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount5908
Tax Year2023
Trash Expense960
Water Sewer Expense2000
Year Built1926
Exterior for 8022 S Paulina Street
Lot Dimensions.172
Additional Details
Price History
