Chicago, IL 60660 6355 N Paulina Street

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Presented By: Triton Realty Group LLC
  • MLS# 12640869
  • 05/08/2026
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  • Beds • 5

Home Details

Fully renovated in 2023, this is a stabilized investment with all new plumbing, electric, roof, high end condo-quality finishes, and an attractive mix of four (4) 2-bed / 2-bath and (2) 3-bed / 2-bath units. Each apartment features in-unit laundry, individual HVAC, and condo quality interiors designed to capture strong tenant demand and support continued rent growth. In addition to its stable in-place income, the property offers a compelling value-add component through the potential addition of a 3-bedroom, 2-bath ADU garden unit in the basement, supported by previously completed plans and approvals for permit. The offering highlights the strength of this dual-faceted investment: a secure 5.79 cap rate in its current condition, with a projected leap to a 7.42 cap rate upon completion of the ADU. Combined with eight (8) on-site parking spaces-three (3) garages and five (5) surface spots-this property offers a rare blend of immediate stability and executable appreciation. Strategically located near Loyola University and the Red Line, the asset is perfectly positioned to capture top-of-market rents in a high-growth North Side corridor.
Presented By: Triton Realty Group LLC

General for 6355 N Paulina Street

Additional Parcels Y/NNo
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Individual
CountyCook
Current UseMulti-Family
DirectionsHighland Ave, turn north on Paulina St.
ElectricCircuit Breakers, Separate Meters
Electric Expense5324
Fuel Expense2311
Gross Income208020
Insurance Expense5424
Lot Size Square Feet7500
MLS AreaCHI - Edgewater
MaintenanceExpense3300
Net Operating Income144704
Number Of Units Total6
Operating Expense68933
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofReflective Coating, Rubber
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount25598
Tax Year2024
Trash Expense3176
Water Sewer Expense4671
Year Built1919

Exterior for 6355 N Paulina Street

BuyerOfficeFax(773) 561-0063
Lot Dimensions60x125

Additional Details

Price History

Client Care

Price $2,500,000
MLS#12640869
List Date 05/08/2026
Property Type Contingent
Phone 847.485.2500
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