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Two-Unit Income Property with Yard
For Sale
$275,000
Pending

5542 South Paulina Street, Chicago, IL 60636

Two residential units plus a partially finished basement offer hardwood floors and a newer water heater.

Property SizeContact for details
Days on Market63

Property Features for 5542 South Paulina Street

General Information

Standard status Pending
Property subtype Two to Four Units / 3 Story Unit/S

Taxes and HOA fees

Annual Taxes $1,408

Building Details

Year Built 1898
Listing Agency: Redfin Corporation
Listed By: Jean Walker · License #475164831
Source: Compass
Added: Jun 25 Changed: Aug 8 Last Checked: Jul 24 at 2:58PM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

This two-unit income property includes two residential units and a non-conforming basement unit. The building provides a total of seven bedrooms and three bathrooms, along with functional layouts and hardwood floors in each unit. A portion of the basement is partially finished, offering additional flexible space, and the property also features an expansive backyard on a double lot.

The sale is being offered as-is. The property is positioned near schools, parks, shopping, public transportation, and major expressways.

For infrastructure updates, a newer water heater was installed in 2023. Buyers should verify any permitted uses for the basement space.

Key Highlights

  • Two‑unit residential building built in 1898 with a partially finished basement
  • Total of 7 bedrooms and 3 bathrooms across the two units plus basement
  • Hardwood floors and generous room sizes in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Barber Shop Law Firm Butcher Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

2,656
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two residential units plus a partially finished basement offer hardwood floors and a newer water heater.
Where is this duplex located?
The property is located at 5542 South Paulina Street Chicago, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit residential building built in 1898 with a partially finished basement; Total of 7 bedrooms and 3 bathrooms across the two units plus basement; Hardwood floors and generous room sizes in each unit
More about this property
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