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$399,900

5409 Paulina St

Chicago, IL
Active
4
Bedrooms
0.07
Lot Size (acres)
1898
Year Built
24
Days On Market

**LIVE IN ONE, RENT THE OTHER - AN EXCEPTIONAL 2-UNIT INVESTMENT OPPORTUNITY! Why settle for an ordinary property when you can own a beautifully transformed, income-producing investment with the major work already done? Welcome to an extensively GUT-REHABBED BRICK 2-UNIT property offering the perfect combination of modern finishes, substantial infrastructure improvements, & long-term investment potential! Completely transformed through an extensive renovation from 2023-2026, this property was remodeled with CITY OF CHICAGO-APPROVED ARCHITECTURAL PLANS & PERMITS! Per seller, All required inspections have been successfully passed, including ELECTRICAL, PLUMBING, HVAC, & NEW CONSTRUCTION, with work completed in accordance with applicable Chicago Construction Codes. BOTH UNITS showcase BRAND-NEW KITCHENS featuring beautiful white cabinetry, elegant QUARTZ COUNTERTOPS, & BRAND-NEW STAINLESS STEEL APPLIANCES (2026), complemented by stylish gray vinyl flooring, renovated bathrooms with ceramic tile finishes, modern lighting, & new interior doors. The TRUE VALUE goes far beyond the finishes! Major improvements include a NEW ROOF (2023), NEW WINDOWS (2024), COMPLETELY NEW ELECTRICAL WIRING & PLUMBING THROUGHOUT (2026), NEW UNDERGROUND PLUMBING & DRAIN TILES (2024), NEW SOFFITS, FASCIA & GUTTERS (2024), and TWO CENTRAL AIR CONDITIONING CONDENSERS (2025)! Each unit features its OWN ELECTRICAL PANEL, along with TWO SEPARATE GAS METERS and a dedicated electrical panel for common areas. Step outside to enjoy the FRESHLY PAINTED FRONT PORCH and TWO FRESHLY PAINTED REAR PORCHES, one for each unit! And THERE'S MORE! The property offers a SPACIOUS, FULL UNFINISHED BASEMENT, providing an exciting blank canvas for the next owner's vision! Whether you envision additional storage, a workshop, hobby space, or future improvements tailored to your needs, the basement offers flexibility and potential for further customization, subject to applicable permits and approvals. For investors, this means acquiring a property with extensive capital improvements already completed & the opportunity to focus on rental income rather than taking on a major renovation from day one. For owner-occupants, imagine enjoying a beautifully renovated home while rental income from the second unit helps towards YOUR MONTHLY MORTGAGE! LOCATION ADDS EVEN MORE VALUE! Conveniently located near neighborhood schools, Cornell Square Park, Sherman Park, grocery stores, shopping, local restaurants, and everyday essentials, with access to CTA transportation and major expressways including I-90/94, connecting you to downtown Chicago and surrounding suburbs. Whether you're growing your investment portfolio or beginning your homeownership journey, this property offers an outstanding opportunity to build equity and invest in your future! THE MAJOR WORK HAS BEEN DONE - NOW IT'S YOUR TURN TO ENJOY THE BENEFITS! Schedule your private showing today!**

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Listing Information

Listing Updated
9 days ago
Listed By
Jacqueline Zepeda · Village Realty, Inc., 7084781212
MLS#
12779271
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
5409 S Paulina St, Chicago, IL 60609
City
Chicago
County
Cook
Zip Code
60609

Architecture

Bedrooms
4
Year Built
1898
Style
Traditional
Construction Materials
Brick
Foundation
Concrete Perimeter
Roof
Asphalt
Garage Spaces
0
Parking Features
On Street, Off Street, Alley Access

Features & Amenities

Patio and Porch
Porch
Community Features
Sidewalks, Curbs, Street Lights, Park
Cooling
Ceiling Fan(s)
Heating
Forced Air

Property Features

Lot Size
0.07 Acres
Lot Features
Level
Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$399,900
Annual Taxes
$2,492

Schools

55/100
Fulton Elementary School
Elementary · Grades PK–08 · 0.2 mi
Assigned school for this home
City
Chicago
Students
321
Student body
79% Hispanic / Latino · 19% Black · 1% White
Free/reduced lunch
98%
Phone
(773) 535-9000
99/100
Horizon Sci Academy - Southwest Charter
7th & Above · Grades KG–12 · 0.8 mi
City
Chicago
Students
665
Student body
65% Hispanic / Latino · 34% Black · 1% White
Free/reduced lunch
97%
Phone
(773) 498-3355
81/100
Lindblom Math & Science Academy High School
High · Grades 07–12 · 1 mi
City
Chicago
Students
1,316
Student–teacher
15.4
Parent reviews
5.0★ avg · 2 reviews
Student body
66% Black · 30% Hispanic / Latino · 3% White
Free/reduced lunch
58%
Phone
(773) 535-9300
55/100
Chavez Elementary Multicultural Academy Ct
Elementary · Grades PK–08 · 0.8 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
Langford A Elementary School
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
195
Student body
94% Black · 6% Hispanic / Latino
Free/reduced lunch
98%
Phone
(773) 535-9180
55/100
Holmes Elementary School
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
128
Student body
85% Black · 14% Hispanic / Latino · 1% White
Free/reduced lunch
95%
Phone
(773) 535-9025
54/100
CICS - Basil Campus
Elementary · Grades KG–08 · 0.2 mi
City
Chicago
Students
592
Student body
79% Black · 19% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
94%
Phone
(773) 778-9455
54/100
Libby Elementary School
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
305
Student body
65% Black · 33% Hispanic / Latino · 1% White
Phone
(773) 535-9050

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
10/09/2026Listed for sale$399,900

Listed by Jacqueline Zepeda · Village Realty, Inc. · 7084781212

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 24, 2026 at 1:23 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12779271

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