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$609,995

  • For Sale
  • Active
  • Commercial
  • Updated 7 days ago
See This Home
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See This Home
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Turnkey 6-unit multifamily property delivering immediate cash flow with significant upside potential. Four units are currently occupied with tenants paying their own utilities, keeping operating costs lean from day one. Major capital improvements have already been addressed including a new roof, porch, fence, and updated unit interiors - removing the heavy lifting for the next owner. Two vacant units are ready to lease for instant income upside, and the unfinished basement presents an opportunity to add additional units. A 4-car garage and coin laundry installation potential offer even more ways to maximize NOI. Major CapEx done, a stabilized tenant base in place, and multiple levers to force appreciation - 8022 S Paulina is a disciplined investor's dream. Properties with this profile don't last.

Full Property Details for 8022 S Paulina St

General

  • Price: $609,995
  • HOA FEE: $1,800
  • Taxes: $5,908 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12630187
  • Updated: 5/5/2026
  • Added to Site: 17 day(s) ago

Location

  • Area: CHI - Auburn Gresham
  • County: Cook
  • Driving Directions: East on 80th st, South on Paulina to address

Heating & Cooling

  • Heating Type: Central Heat/Individual Controls

Utilities

  • Trash: 960

Structural Information

  • Stories/Levels: 3
  • Year Built: 1926
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: .172

Financial Considerations

  • Maint. Fee: $1,800
  • Insurance Fee: $10,972
  • Operating Expenses: $18,173
  • Assessment Year: 1926
  • Tax Amount: $5,908
  • Tax Year: 2023
  • Pays Electric: 641
  • Pays Trash: 960

Disclosures and Reports

  • Property ID: 20312130240000

Listed by eXp Realty

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Listing agent

— 8022 S Paulina St —

  • eXp Realty

(773) 658-5329

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8022 S Paulina St

School District:Chicago Public School District 299
NameGradesDistance
Joplin Elementary School
7931 South Honore Street, Chicago, IL 60620
K-80.2 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-123.3 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 8022 S Paulina St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/26/2026
Listed
$609,995
216.88%
MLS
6/16/2000
Sold
$192,500
—
Public Record
Get Price Alerts and Save Property
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 for 8022 S Paulina St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,908
—
$38,000
36%
2023
$5,908
3%
$28,000
—
2022
$5,759
2%
$28,000
—
2021
$5,631
58%
$28,000
75%
2020
$3,560
-2%
$15,981
-12%
2019
$3,649
2%
$18,161
—
2018
$3,587
-40%
$18,161
-34%
2017
$5,929
7%
$27,541
—
2016
$5,516
2%
$27,541
-7%
2015
$5,422
15%
$29,589
17%
2014
$4,698
2%
$25,321
—
2013
$4,605
1%
$25,321
—
2012
$4,544
—
$25,321
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8022 S Paulina Street, Chicago, IL 60620 (MLS# 12630187) is a Commercial property. 8022 S Paulina Street is currently listed for $609,995 and was received on April 26, 2026. Want to learn more about 8022 S Paulina Street? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

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