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Chicago Multifamily Renovation Opportunity
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7902 S Paulina St, Chicago, IL 60620

Multifamily property in Chicago, requiring renovation and stabilization.

Property SizeContact for details
Days on Market179

Property Features for 7902 S Paulina St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 30%
Investment Type Value Add

Building Details

Units 23
Tenancy Multi
Listing Agency: Chicago Real Estate Resources
Listed By: Finley Askin · License #471021038
Source: Crexi
Added: Feb 26 Changed: Aug 8 Last Checked: Jul 13 at 11:09AM

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 Chicago Real Estate Resources

Investment Insights

Based on property information with market context.

The subject property is a multifamily building located in Chicago, Illinois. Currently, the property is 30% occupied and requires renovation and stabilization.

Key Highlights

  • Property is 30% occupied.
  • Property is in need of renovation.
  • Property is in need of stabilization.

Property Analytics

Current Use

The Rosewood By Quest Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center 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.

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value

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?
Apartment building - Multifamily property in Chicago, requiring renovation and stabilization.
Where is this apartment building located?
The property is located at 7902 S Paulina St Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Property is 30% occupied.; Property is in need of renovation.; Property is in need of stabilization.
(773) 327-9300 Call to check price and availability
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