Brick Four-Unit
New
For Sale
$600,000
Pending
8314 S Paulina St, Chicago, IL 60620
All four units are occupied under month-to-month leases, offering a fully leased residential income property.
Property SizeContact for details
Days on Market4
Property Features for 8314 S Paulina St
General Information
Standard status
Pending
Total Parking Spaces
4
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR, 2 x 2BR
Multifamily Units
4
Amenities
clubhouse
in-building laundry
storage area
Building Details
Year Built
1926
Year Renovated
2024
Construction
brick
Tenancy
Multi
Listing Agency:
Keller Williams Preferred Rlty
Listed By:
Jamie Decker · License #475182031
(888) 574-9405
Source:
Dealwithdecker
Added: Sep 19
Changed: Sep 21
Last Checked: Sep 21 at 7:07AM
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 Keller Williams Preferred Rlty
Investment Insights
Based on property information with market context.
This brick quadplex at 8314 S Paulina St includes two three-bedroom apartments and two two-bedroom apartments. All four units are occupied on month-to-month leases. The property was built in 1926, rehabbed in 2024, and received additional improvements in 2026.
A finished basement clubhouse adds an additional bedroom, full bathroom, laundry facilities, and storage space within the building. Four exterior parking spaces are included. The property is located in Auburn Gresham in Chicago, with a residential configuration suited to an income-property portfolio.
A finished basement clubhouse adds an additional bedroom, full bathroom, laundry facilities, and storage space within the building. Four exterior parking spaces are included. The property is located in Auburn Gresham in Chicago, with a residential configuration suited to an income-property portfolio.
Key Highlights
- Four‑unit brick property with two three‑bedroom and two two‑bedroom apartments
- All four units occupied on month‑to‑month leases
- Rehabbed in 2024 with improvements made in 2026
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - All four units are occupied under month-to-month leases, offering a fully leased residential income property.
Where is this quadplex located?
The property is located at 8314 S Paulina St Chicago, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Four‑unit brick property with two three‑bedroom and two two‑bedroom apartments; All four units occupied on month‑to‑month leases; Rehabbed in 2024 with improvements made in 2026
