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    7838 S Paulina St Chicago, IL 60620

    For Sale
    $299,000

    Residential Income - Chicago, IL

    Days on Market:
    53
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 7838 S Paulina St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    20304330290000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1923
    Architectural style
    Other

    Open Path Realty (773) 316-5781 [email protected]

    Listing agent Miguel Perea (773) 772-1142 License #475185927

    Listing date Oct 21, 2025

    MLS# 12416920 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Rehabbed Two-Unit Building

    This solid brick two-unit building in Chicago presents an investment opportunity with a potential in-law unit. The property was completely rehabbed in 2015, featuring newer kitchen cabinets, countertops, sinks, faucets, GFI's, and ceramic tile backsplash. Bathrooms have been updated with new vanities, lights, faucets, mirrors, and fixtures. The building also includes new light fixtures and ceiling fans, refinished floors, new trim and paint, and new exterior and interior doors with new handles. Mechanical systems have been updated with newer electrical panels and wiring, two hot water tanks, and a new furnace. Some tuck-pointing repairs have been completed, and the plumbing has been updated. Each unit is spacious, offering 1288 square feet of living space, hardwood floors, and large rooms. Separate gas and electric meters are in place. This property offers stable rental income and strong tenant appeal, presenting an opportunity to own a cash-flowing property with upside potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6662364
    Latitude
    41.7509521

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    FAQs

    What type of property is this?
    Duplex - Rehabbed two-unit building with potential in-law unit and stable income.
    Where is this duplex located?
    The property is located at 7838 S Paulina St Chicago, IL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Two units, each 1288 sq ft, with separate gas and electric meters, offering stable rental income.; - Complete rehab in 2015, including newer kitchen cabinets, countertops, appliances, and new bathrooms.; - Solid brick building with **refinished hardwood floors, new trim and paint.**
    (773) 772-1142
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    Chicago, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7838 S Paulina St Chicago, IL 60620
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