4504 S Paulina StreetChicago, IL 60609

Description

STRONG POSITIVE CASH FLOW IN THE HEART OF BACK OF THE YARDS Welcome to 4504 S Paulina St, a solid and well-maintained legal 3-unit building offering an excellent investment opportunity with positive cash flow. The property features three separate apartment units: First Floor Front Unit: Spacious apartment First Floor Rear Unit: Separate apartment Second Floor: Full-floor unit extending from front to rear All three units are legally configured as a 3-unit property. An additional benefit for investors is that tenants pay their own gas and electric, helping keep operating expenses lower and supporting strong cash flow. This is an excellent opportunity for an investor or owner occupant looking for a cash-flowing multifamily property in Back of the Yards, with multiple rental units and tenant-paid utilities. Property Highlights: Legal 3-unit building 2 units on the first floor 1 full-unit apartment on the second floor Positive cash flow Tenants pay gas and electric Strong investment opportunity Located in Back of the Yards

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1893

Lot dimensions

30x125

Parking spaces

2

Ownership

Fee Simple

Days on market

7

MLS^® Listing#

12761976

Property Features

Heating

Natural Gas

Basement

Unfinished · Partial

Construction

Vinyl Siding · Frame

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$1,060Tax year 2023

Parcel number

20064150250000

Directions

47 TO PAULINA NORTH TO ADRESS