This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
$369,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
Property Description
Great investment opportunity in a rapidly growing area! This well-maintained 6-unit building offers significant upside potential with all units rented below market rate. Tenants are month-to-month, and each pays their own utilities, reducing overhead costs. The owner has kept up with maintenance, including a new roof installed in 2018. With a little work, this property can be transformed for higher rents, making it perfect for investors or homebuyers looking to capitalize on a thriving neighborhood. The 60609 area is on the rise, offering strong potential for long-term appreciation. Don't miss out on this chance to secure a property with tons of potential!
Full Property Details
Full Property Details for 4530 S Paulina St
General
- Price: $369,000
- Taxes: $1,060 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12499875
- Updated: 11/4/2025
- Added to Site: 80 day(s) ago
Interior
- Basement: Unfinished
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Driving Directions: South on Wood to property
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Unit
Structural Information
- Construction: Concrete, Block, Wood, Vinyl Siding, Frame
- Exterior Const.: Concrete, Block, Wood, Vinyl Siding, Frame
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry
- Foundation: Block, Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,040
- Current Bldg. Use: Multi-Family
- Year Built: 1898
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Acres): 0.71
- Lot Size (Sq. Ft.): 3,075
- Lot Dimensions: 25 x 124
- Frontage: City Street, Public Road, Paved
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,900
- Assessment Year: 1898
- Tax Amount: $1,060.72
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 2400
Disclosures and Reports
- Property ID: 20064150360000
Listed by Re/Max Loyalty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 4530 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 | 0.1 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4530 S Paulina St
Date
Details
Price
Change
Source
10/29/2025
Listed
$369,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4530 S Paulina St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,061
3%
$5,000
—
2022
$1,034
3%
$5,000
—
2021
$1,005
-46%
$5,000
-39%
2020
$1,847
46%
$8,237
-15%
2019
$1,266
2%
$9,691
—
2018
$1,244
-42%
$9,691
-27%
2017
$2,141
-1%
$13,257
—
2016
$2,169
10%
$13,257
—
2015
$1,963
5%
$13,257
5%
2014
$1,875
3%
$12,594
—
2013
$1,827
21%
$12,594
—
2012
$1,505
—
$12,594
—
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 4530 S Paulina St
4530 S Paulina Street, Chicago, IL 60609 (MLS# 12499875) is a Commercial property. 4530 S Paulina Street is currently listed for $369,000 and was received on October 29, 2025. Want to learn more about 4530 S Paulina Street? Do you have questions about finding other Commercial 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.

