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Brick Apartment Building with Vacancies
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8056 S Paulina St, Chicago, IL 60620

Solid brick 18-unit building with completed renovations and 8 vacant units being leased up.

Property SizeContact for details
Days on Market122

Property Features for 8056 S Paulina St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 18

Building Details

Construction Solid brick
Tenancy Multi
Listing Agency: Pearson Realty Group
Listed By: David McLennan · License #IL 475165323
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:54AM

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 Pearson Realty Group

Investment Insights

Based on property information with market context.

Solid brick 18-unit residential apartment building with renovations now complete. The property was previously kept only partially occupied during the renovation period, and 8 units are currently vacant.

The building is located one block off the busy commercial strip of 79th St.

With the renovation work finished and vacant units in the process of being leased up, the building presents a straightforward path to stabilizing occupancy.

Key Highlights

  • Brick 18‑unit residential apartment building kept partially occupied while renovations were underway
  • 8 units currently vacant and being leased up
  • Renovations are complete and leasing is in process for the vacant units

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

18
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

873
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 - Solid brick 18-unit building with completed renovations and 8 vacant units being leased up.
Where is this apartment building located?
The property is located at 8056 S Paulina St Chicago, IL.
What are key features of this property?
This property features: Brick 18‑unit residential apartment building kept partially occupied while renovations were underway; 8 units currently vacant and being leased up; Renovations are complete and leasing is in process for the vacant units
(773) 325-2800 Call to check price and availability
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