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Legal 3-Unit Triplex
New
For Sale
$299,900

4504 S Paulina St, Chicago, IL 60609

Three legally configured apartments are arranged across two floors with separate rental units.

Property SizeContact for details
Days on Market5

Property Features for 4504 S Paulina St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1893
Buildings 1
Listing Agency: Premier Chicago Real Estate
Listed By: The Luxe Home Team
Source: Theluxehometeam
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 21 at 6:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Chicago Real Estate

Investment Insights

Based on property information with market context.

This triplex at 4504 S Paulina St comprises three legally configured apartments. Two units occupy the first floor, with one positioned toward the front and another at the rear. The second floor contains a full-floor apartment extending from the front of the building to the back. Constructed in 1893, the property offers a clearly defined three-unit layout within a single residential income property.

Residents are responsible for their own gas and electric service, separating those utility costs from the building’s operating responsibilities. The property is located in Chicago’s Back of the Yards neighborhood, with the address identified as 4504 S Paulina St, Chicago, IL 60609.

Key Highlights

  • Legal 3‑unit building
  • Two first‑floor apartments plus one full‑floor second‑level unit
  • Separate front and rear apartments on the first floor

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three legally configured apartments are arranged across two floors with separate rental units.
Where is this triplex located?
The property is located at 4504 S Paulina St Chicago, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Legal 3‑unit building; Two first‑floor apartments plus one full‑floor second‑level unit; Separate front and rear apartments on the first floor
More about this property
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