Address
4504 S Paulina Street, Chicago, IL
Price
$ 299,900
Property Attributes
- MLS#12761976
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - New City
- NeighborhoodNew City
- Zip60609
- Style
- Year Built1893
- Taxes$ 1060
- Price$ 299,900
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
STRONG POSITIVE CASH FLOW IN THE HEART OF BACK OF THE YARDS Welcome to 4504 S Paulina St, a solid and well-maintained legal 3-unit building offering an excellent investment opportunity with positive cash flow. The property features three separate apartment units: First Floor Front Unit: Spacious apartment First Floor Rear Unit: Separate apartment Second Floor: Full-floor unit extending from front to rear All three units are legally configured as a 3-unit property. An additional benefit for investors is that tenants pay their own gas and electric, helping keep operating expenses lower and supporting strong cash flow. This is an excellent opportunity for an investor or owner occupant looking for a cash-flowing multifamily property in Back of the Yards, with multiple rental units and tenant-paid utilities. Property Highlights: Legal 3-unit building 2 units on the first floor 1 full-unit apartment on the second floor Positive cash flow Tenants pay gas and electric Strong investment opportunity Located in Back of the Yards
| Price History | |
|---|---|
| 9/17/2026 | Listed $299,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Closing,Immediate |
| Construction Materials | Vinyl Siding,Frame |
| Year Built | 1893 |
| Township | Lake |
| Tax Year | 2023 |
| Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 18 |
| Status | Active |
| Directions | 47 TO PAULINA NORTH TO ADRESS |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - New City |
| Tax Annual Amount | 1060 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Unfinished,Partial |
|---|---|
| Total Bedrooms | 8 |
| Total Baths | 4 |
| Bedrooms Possible | 8 |
| Full Baths Building | 4 |
| Total Number of Units | 3 |
Exterior Features
| Parking Features | Yes |
|---|---|
| Water Source | Lake Michigan,Public |
| Total Parking | 2 |
| Lot Dimensions | 30x125 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60609
Price
Taxes
Year Built
Visits
