Eco Friendly
7601 S Paulina Street Chicago, IL
$ 399,000
Property Attributes
  • MLS#11036970
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Auburn Gresham
  • NeighborhoodGresham
  • Zip60620
  • StyleMulti-Family
  • Year Built1929
  • Taxes$ 9070
  • Price$ 399,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7688
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
MPower Residential Brokerage LLC
Data Source:
Midwest Real Estate Data LLC
Property Description

Due to Covid Restrictions and to Protect the Health of our Long-Term Tenants, all showings will be hosted on 4/5/2021. We only have a one hour showing window 12-1PM and may not see all the units. If you cannot attend, you can RSVP your clients and we will host their visit. Email RSVPS and all inquiries. Excellent $81K Gross Income Generating Investment opportunity in Chicago's South Side; Auburn Gresham Neighborhood, with Opportunity to Increase Cap Rate! Current Rent Roll Ranges from $850 to $1,075 for the Two-Bedrooms and $700 to $750 for the One-Bedrooms. This Unique Opportunity Requires your Immediate Visit. Due to Covid Restrictions and to Protect the Health of our Long-Term Tenants, all showings will be hosted during our two-day Window, See Agent Remarks. This Professionally Managed, Cash Flowing Eight-Unit Investment Property offers (4) one-bedroom and (4) two bedroom units occupied by both Market and CHA Tenants, some leases date back to 2014. All units are above ground and offer over 1,000 square feet of living space. This Corner Building offers a variety of floor-plans that include incredibly spacious living rooms with loads of light cascading from large windows, separate dining rooms along with well-maintained good sized, galley kitchens. See Floor Plans under Photos and Additional Information. The building sits on an incredibly quiet, tree lined street surrounded by single family residences. Pride of Ownership is evident around this block with Great Curb appeal and zero vacant lots. Please note, Extra Income can be Generated from Pay Washers/Dryers and/or higher rents. Zero tenants in default. Great Stable Asset. Seller is liquidating investment portfolio.

Price History
3/30/2021 Listed $399,000

General Features

Association Fee Includes None
Construction Materials Brick
Cooling None
Current Use Multi-Family
Electric Separate Meters
Possible Use Multi-Family
Property Type Multi Family 5+
Property Type Commercial Sale
Roof Rubber
Standard Status Active
Stories 2
Tax Annual Amount 9070.96
Total Units 8
Township Lake
Zoning MULTI

Interior Features

Basement Unfinished

Exterior Features

Building Area Total 7688
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street, Alley Access
Lot Dimensions 63X123
Lot Size Acres 0.17
Lot Size Square Feet 7749

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60620

AVG $270K
AVG $3,672
AVG 132
Year Built
AVG 1913
AVG 74
Data Provided by Walkscore ® not using MLS data

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