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$304,000
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Property Description
Incredible opportunity in the rapidly evolving Back of the Yards neighborhood! 5016 S Paulina St offers a solid multi-unit investment with strong income potential in one of Chicago's up-and-coming areas. This property is ideal for seasoned investors looking to expand their portfolio or for buyers seeking a long-term hold in a high-growth market. This building is perfectly positioned for steady appreciation. Don't miss your chance to invest in a neighborhood on the rise!
Full Property Details
Full Property Details for 5016 S Paulina St
General
- Sold For: $304,000
- Taxes: $1,630 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12377349
- Added to Site: 208 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 15
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - New City
- County: Cook
- Subdivision: Back of the Yards
- Driving Directions: Head south down Ashland until you reach 50th street. Once you reach 50th street you will continue heading west until you reach Paulina street. Once you reach 50th and Paulina street you will head south until you reach property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Finished, Full
- Year Built: 1894
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3000 SQFT
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1894
- Tax Amount: $1,630
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20072280190000
Listed by Re/Max Loyalty
Sold by REMAX Legends
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Schools
Schools serving 5016 S Paulina St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Daley Elementary Academy 5024 South Wolcott Avenue, Chicago, IL 60609 | PK-8 | 0.3 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.3 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 5016 S Paulina St
Date
Details
Price
Change
Source
10/16/2025
Sold
$304,000
1.33%
MLS
6/23/2025
Listed
$299,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5016 S Paulina Street, Chicago, IL 60609 (MLS# 12377349) is a Multi-Family property that was sold at $304,000 on October 16, 2025. Want to learn more about 5016 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.

