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19-Unit Corner Apartment Building
For Sale
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8200 S Paulina St, Chicago, IL 60620

Walk-up multifamily property with a varied unit mix, market-rate tenancy, and basement laundry facilities.

Property SizeContact for details
Days on Market143

Property Features for 8200 S Paulina St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 35%

Units

Unit Mix 6 x 1BR/1BA, 13 x 2BR/1BA
Multifamily Units 19

Amenities

laundry

Building Details

Tenancy Multi
Listing Agency: Monarch Realty Partners
Listed By: Robert Berman · License #475172109
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:33AM

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 Monarch Realty Partners

Investment Insights

Based on property information with market context.

This 19-unit corner walk-up apartment building includes six one-bedroom, one-bath units and thirteen two-bedroom, one-bath units. The property has received several capital improvements, including a steam boiler installed in 2017, replacement hot-water equipment, new electric meters, a roof layover, and porches constructed roughly five years ago. Two washers and two dryers are located in the basement for resident use and generate additional income.

The building is located at 8200 S Paulina St in Chicago’s Auburn Gresham neighborhood. Approximately 65% of the property is vacant, while current residents are market-rate tenants. No units are subsidized through Section 8 or CHA programs.

Key Highlights

  • 19‑unit corner walk‑up apartment building
  • Unit mix includes six 1BR/1BA and thirteen 2BR/1BA apartments
  • Approximately 65% of the building is vacant

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

19
Residential units
35%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,029
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 - Walk-up multifamily property with a varied unit mix, market-rate tenancy, and basement laundry facilities.
Where is this apartment building located?
The property is located at 8200 S Paulina St Chicago, IL.
What are key features of this property?
This property features: 19‑unit corner walk‑up apartment building; Unit mix includes six 1BR/1BA and thirteen 2BR/1BA apartments; Approximately 65% of the building is vacant
More about this property
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