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Six-Unit Multifamily Building
For Sale
$609,995

8022 S Paulina Street, Chicago, IL 60620

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market107

Property Features for 8022 S Paulina Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 8, Bedroom 11, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 6, Bathroom 5, Bathroom 6, Bathroom 2, Bedroom 12, Bedroom 10, Bedroom 1
Directions East on 80th st, South on Paulina to address
Subdivision CHI - Auburn Gresham
Standard status Active
APN 20312130240000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5908

Building Details

Year built 1926
Floors in Building 3
Number of units 6
Listing Agency: eXp Realty
Listed By: Denzel Blocker · License #475168940
Added: Apr 26 Changed: Aug 4 Last Checked: Aug 10 at 6:06AM
MLS# 12630187

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit multifamily property is arranged to support immediate occupancy and additional leasing. Four units are currently occupied, with tenants paying their own utilities, which helps keep operating costs lean from day one. Two vacant units are available and ready to lease. The basement is unfinished, offering an additional development opportunity to add more units.

Significant exterior and interior upgrades have already been completed, including a new roof, porch, and fence, along with updated unit interiors. The building also includes a 4-car garage. Coin laundry installation potential is noted, which may support additional revenue streams.

Built in 1926, the property is positioned for buyers seeking a low-major-capital-work handoff and a unit mix that combines current cash flow with leasing and potential basement upside at 8022 S Paulina Street in Chicago, IL 60620.

Key Highlights

  • Six units total with four occupied and two vacant/ready to lease
  • Tenants pay their own utilities for the currently occupied units
  • New roof, porch, and fence plus updated unit interiors

Property Analytics

Current Use

Apartment buildings

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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

887
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 - Six-unit multifamily with four occupied units where tenants pay their own utilities and two additional units ready to lease.
Where is this apartment building located?
The property is located at 8022 S Paulina Street Chicago, IL.
What is the asking price?
The asking price for this property is $609,995.
What are key features of this property?
This property features: Six units total with four occupied and two vacant/ready to lease; Tenants pay their own utilities for the currently occupied units; New roof, porch, and fence plus updated unit interiors
More about this property
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