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$600,000

8314 Paulina St

Chicago, IL
Contingent
11
Bedrooms
1926
Year Built
45
Days On Market

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.

Listing Information

Listing Updated
10/01/2026
Listed By
Darryl Toney · Jason Mitchell Real Estate IL, 7089176640
MLS#
12760475
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
8314 S Paulina St, Chicago, IL 60620
City
Chicago
County
Cook
Zip Code
60620

Architecture

Bedrooms
11
Year Built
1926
Construction Materials
Brick
Garage Spaces
0

Features & Amenities

Patio and Porch
Porch
Heating
Natural Gas

Property Features

Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$600,000
Annual Taxes
$5,418

Schools

100/100
Foster Park Elementary School
Elementary · Grades PK–08 · 0.3 mi
City
Chicago
Students
390
Student body
97% Black · 2% Hispanic / Latino · 0% White
Free/reduced lunch
96%
Phone
(773) 535-2725
96/100
Joplin Elementary School
Elementary · Grades PK–08 · 0.5 mi
City
Chicago
Students
414
Student body
98% Black · 1% Hispanic / Latino · 0% Two or More Races
Free/reduced lunch
96%
Phone
(773) 535-3425
55/100
Barton Elementary School
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
429
Student body
97% Black · 2% Hispanic / Latino · 1% White
Free/reduced lunch
96%
Phone
(773) 535-3260
54/100
LEARN Charter - Hunter Perkins Camp
Elementary · Grades KG–08 · 0.1 mi
City
Chicago
Students
467
Student body
96% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
77%
Phone
(773) 488-1634
54/100
CICS - Ralph Ellison Campus
High · Grades 09–12 · 0.4 mi
City
Chicago
Students
227
Student body
97% Black · 4% Hispanic / Latino
Free/reduced lunch
82%
Phone
(773) 478-4434
54/100
Cuffe Math-Sci Technical Elementary Academy
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
243
Student body
98% Black · 2% Hispanic / Latino
Free/reduced lunch
84%
Phone
(773) 535-8250
53/100
Fort Dearborn Elementary School
Elementary · Grades PK–08 · 1 mi
City
Chicago
Students
298
Student body
94% Black · 5% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
76%
Phone
(773) 535-2680
53/100
Gresham Elementary School
Elementary · Grades PK–08 · 1.1 mi
City
Chicago
Students
378
Student body
97% Black · 1% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
97%
Phone
(773) 535-3350

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/18/2026Listed for sale$600,000

Listed by Darryl Toney · Jason Mitchell Real Estate IL · 7089176640

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 1, 2026 at 1:33 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12760475

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