$600,000

Multi Family In Chicago

  • 11 Beds
  • 5 Baths
  • Updated: Yesterday
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12760475

About the Property

Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with impro
Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with improvements made in 2026. Finished basement clubhouse with an additional bedroom, full bath, in-building laundry, and storage area gives tenants multiple reasons to stay, reducing turnover. Four exterior parking spaces. Whether you are looking to live in one unit and grow your equity, or add a property that earns from day one to your portfolio, this is a fantastic opportunity that builds generational wealth. Do not disturb tenants.
  • Property type

    Other

  • Year built

    1926

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8314 S Paulina Street, Chicago, Illinois, United States View on Google Maps
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Jason Mitchell Real Estate IL - Orland Park

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Jason Mitchell Real Estate IL - Orland Park
Illinois, United States
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2
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2025
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Jason Mitchell Real Estate IL - Orland Park
Orland Park, Illinois, United States
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Last updated
Yesterday
First listed
Sep 18
Listing reference
12760475
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