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$299,900

4504 Paulina St

Chicago, IL
Contingent
8
Bedrooms
1893
Year Built
46
Days On Market

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

Listing Information

Listing Updated
11 days ago
Listed By
Jose Cortez · Golden Enterprise Realty Inc, 7735238000
MLS#
12761976
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
4504 S Paulina St, Chicago, IL 60609
City
Chicago
County
Cook
Zip Code
60609

Architecture

Bedrooms
8
Year Built
1893
Construction Materials
Frame, Vinyl Siding
Garage Spaces
0

Property Features

Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$299,900
Annual Taxes
$1,060

Schools

96/100
Seward Elementary Communication Arts Ac
Elementary · Grades PK–08 · 0.2 mi
City
Chicago
Students
784
Student body
98% Hispanic / Latino · 1% White · 1% Black
Free/reduced lunch
100%
Phone
(773) 535-4890
59/100
Horizon Science Academy-McKinley Pk
7th & Above · Grades KG–12 · 1.1 mi
City
Chicago
Students
873
Student–teacher
10.7
Student body
83% Hispanic / Latino · 11% Black · 6% White
Free/reduced lunch
80%
Phone
(773) 247-8400
59/100
Shields Elementary School
Elementary · Grades PK–04 · 1.2 mi
City
Chicago
Students
621
Parent reviews
4.0★ avg · 2 reviews
Student body
97% Hispanic / Latino · 1% White · 1% Black
Free/reduced lunch
97%
Phone
(773) 535-7285
56/100
Namaste Elementary Charter School
Elementary · Grades KG–08 · 0.9 mi
City
Chicago
Students
359
Student body
90% Hispanic / Latino · 6% White · 2% Black
Free/reduced lunch
80%
Phone
(773) 715-9558
55/100
Chavez Elementary Multicultural Academy Ct
Elementary · Grades PK–08 · 0.3 mi
City
Chicago
Students
784
Student body
97% Hispanic / Latino · 2% American Indian / Alaska Native · 1% Black
Free/reduced lunch
96%
Phone
(773) 535-4600
55/100
Fulton Elementary School
Elementary · Grades PK–08 · 1 mi
City
Chicago
Students
321
Student body
79% Hispanic / Latino · 19% Black · 1% White
Free/reduced lunch
98%
Phone
(773) 535-9000
55/100
Christopher Elementary School
Elementary · Grades KG–08 · 1.2 mi
City
Chicago
Students
391
Student body
77% Hispanic / Latino · 16% Black · 6% White
Free/reduced lunch
92%
Phone
(773) 535-9375
54/100
Hedges Elementary School
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
530
Student body
96% Hispanic / Latino · 2% White · 2% Black
Free/reduced lunch
98%
Phone
(773) 535-7360

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
09/17/2026Listed for sale$299,900

Listed by Jose Cortez · Golden Enterprise Realty Inc · 7735238000

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 22, 2026 at 7:44 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12761976

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