Date
Details
Price
Change
Source
9/16/2026
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$299,900 Just Listed
Property Description
STRONG POSITIVE CASH FLOW IN THE HEART OF BACK OF THE YARDS Welcome to 4504 S Paulina St, a solid and well-maintained legal 3-unit building offering an excellent investment opportunity with positive cash flow. The property features three separate apartment units: First Floor Front Unit: Spacious apartment First Floor Rear Unit: Separate apartment Second Floor: Full-floor unit extending from front to rear All three units are legally configured as a 3-unit property. An additional benefit for investors is that tenants pay their own gas and electric, helping keep operating expenses lower and supporting strong cash flow. This is an excellent opportunity for an investor or owner occupant looking for a cash-flowing multifamily property in Back of the Yards, with multiple rental units and tenant-paid utilities. Property Highlights: Legal 3-unit building 2 units on the first floor 1 full-unit apartment on the second floor Positive cash flow Tenants pay gas and electric Strong investment opportunity Located in Back of the Yards
Full Property Details
Full Property Details for 4504 S Paulina St
General
- Price: $299,900
- Taxes: $1,060 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12761976
- Updated: Today (9/16/2026)
- Added to Site: Today
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: 47 TO PAULINA NORTH TO ADRESS
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Vinyl Siding, Frame
- Exterior Const.: Vinyl Siding, Frame
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Year Built: 1893
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
Financial Considerations
- Assessment Year: 1893
- Tax Amount: $1,060
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20064150250000
Listed by Golden Enterprise Realty Inc
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— 4504 S Paulina St —
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Schools
Schools serving 4504 S Paulina St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Seward Elementary Communication Arts Ac 4600 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.2 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4504 S Paulina St
Tax History
Tax History for 4504 S Paulina St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,060
—
$20,000
300%
2023
$1,060
3%
$4,999
—
2022
$1,034
3%
$4,999
—
2021
$1,005
-46%
$4,999
-39%
2020
$1,847
-6%
$8,239
-15%
2019
$1,960
2%
$9,693
—
2018
$1,927
-38%
$9,693
-33%
2017
$3,121
7%
$14,402
—
2016
$2,904
9%
$14,402
—
2015
$2,658
5%
$14,402
6%
2014
$2,534
2%
$13,552
—
2013
$2,485
1%
$13,552
—
2012
$2,452
—
$13,552
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4504 S Paulina St
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,698Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 3Beds
- 1Total Bath
- 2,300Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 6Beds
- 3Total Baths
- 1,896Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 2Total Baths
- 1,141Sq. Ft.
- Condo / Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,100Sq. Ft.
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,020Sq. Ft.
Listed by Patty Magallanes
4504 S Paulina Street, Chicago, IL 60609 (MLS# 12761976) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 4504 S Paulina Street is currently listed for $299,900 and was received on September 16, 2026. Want to learn more about 4504 S Paulina Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.