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$275,000 Just Listed
Property Description
***MULTIPLE OFFERS RECEIVED*** Highest and best offers due by Tuesday at 9 am. Unlock the potential of this exceptional income-producing property! This spacious 2-unit building with non-confoming basement unit offers a total of 7 bedrooms and 3 bathrooms, making it an outstanding opportunity for investors or owner-occupants seeking additional rental income. The partially finished basement provides a versatile living space with endless possibilities for extended family, recreation, or storage (buyer to verify permitted uses). Each unit features generous room sizes, beautiful hardwood floors, and functional layouts designed for comfortable living. Step outside to an expansive backyard on a DOUBLE LOT, perfect for entertaining or relaxing, while the full basement adds even more flexibility. A newer water heater (2023) provides added value and peace of mind. Conveniently located near schools, parks, shopping, public transportation, and major expressways, this property combines space, versatility, and strong investment potential. Don't miss the opportunity to make this exceptional property your next investment! AS-IS SALE
Full Property Details
Full Property Details for 5542 S Paulina St
General
- Price: $275,000
- Taxes: $1,408 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12635663
- Updated: 7/7/2026
- Added to Site: 6 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights, Street Paved
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Balcony
Location
- Area: CHI - West Englewood
- County: Cook
- Township: South Chicago
- Driving Directions: Turn left onto W Garfield Blvd, Turn right onto S Paulina St
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Henderson Elementary School
- Middle School: Henderson Elementary School
- High School: Lindblom College Preparatory Sen
- Private School: Lindblom College Preparatory Sen
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Year Built: 1898
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1898
- Tax Amount: $1,408.17
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20182050300000
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Schools
Schools serving 5542 S Paulina St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Henderson Elementary School 5650 South Wolcott Avenue, Chicago, IL 60636 | PK-8 | 0.3 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 5542 S Paulina St
Date
Details
Price
Change
Source
7/01/2026
Listed
$275,000
—
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 5542 S Paulina St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$534
—
$12,001
41%
2023
$534
11%
$8,499
—
2022
$482
100%
$8,499
—
2021
100%
$8,499
-3%
2020
100%
$8,766
-13%
2019
—
$10,076
—
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 5542 S Paulina St
5542 S Paulina Street, Chicago, IL 60636 (MLS# 12635663) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 5542 S Paulina Street is currently listed for $275,000 and was received on July 01, 2026. Want to learn more about 5542 S Paulina Street? Do you have questions about finding other Multi-Family real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.
