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Renovated Two-Unit Duplex
New
For Sale
$399,900

5409 S Paulina St, Chicago, IL 60609

Separate gas meters and electrical panels serve the units, with a dedicated panel for common areas.

Property SizeContact for details
Days on Market3

Property Features for 5409 S Paulina St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1898
Year Renovated 2026
Buildings 1
Construction brick
Listing Agency: Wirtz Real Estate Group Inc
Listed By: Nick Nastos
Source: Chicagospropertyshop
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 11 at 7:29AM

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 Wirtz Real Estate Group Inc

Investment Insights

Based on property information with market context.

This brick duplex contains two renovated units, with work carried out from 2023 to 2026 using City of Chicago-approved architectural plans and permits. Both apartments have new kitchens with quartz countertops and stainless steel appliances, updated bathrooms with ceramic tile, gray vinyl flooring, modern lighting, and new interior doors. The full, unfinished basement provides additional space. Front and rear porches have been repainted, including a separate rear porch for each unit.

Major building improvements include a new roof, windows, electrical wiring, plumbing, underground plumbing and drain tiles, soffits, fascia, and gutters. Each unit has its own electrical panel and gas meter, and the common areas have a separate electrical panel. The property also has two central air conditioning condensers. The location is near neighborhood schools, Cornell Square Park, Sherman Park, grocery stores, shopping, restaurants, CTA transportation, and I-90/94.

Key Highlights

  • Two‑unit brick duplex renovated from 2023 to 2026
  • Roof replaced in 2023; windows replaced in 2024
  • New underground plumbing and drain tiles installed in 2024

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

637
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
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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?
Duplex - Separate gas meters and electrical panels serve the units, with a dedicated panel for common areas.
Where is this duplex located?
The property is located at 5409 S Paulina St Chicago, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit brick duplex renovated from 2023 to 2026; Roof replaced in 2023; windows replaced in 2024; New underground plumbing and drain tiles installed in 2024
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