6355 N Paulina Street, Chicago, IL 60660
2023 renovation featuring in-unit laundry across four 2-bed and two 3-bed units, plus on-site parking.
Property Features for 6355 N Paulina Street
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Investment Insights
Based on property information with market context.
Located at 6355 N Paulina Street in Chicago, the property is described as being near Loyola University and the Red Line. The offering also includes a value-add component: the potential addition of a 3-bedroom/2-bath ADU garden unit in the basement, supported by previously completed plans and approvals for permit. The remarks cite a current stabilized cap rate of 5.79 in its present condition, with a projected increase to 7.42 upon completion of the ADU.
Key Highlights
- Fully renovated in 2023 with all new plumbing, electric, and roof
- Unit mix: four 2‑bed/2‑bath and two 3‑bed/2‑bath units
- Each apartment features in‑unit laundry and individual HVAC
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Market
Vacancy Rate% for Multifamily in Midwest region