Incredible opportunity in the rapidly evolving Back of the Yards neighborhood! 5016 S Paulina St offers a solid multi-unit investment with strong income potential in one of Chicago's up-and-coming areas. This property is ideal for seasoned investors looking to expand their portfolio or for buyers seeking a long-term hold in a high-growth market. This building is perfectly positioned for steady appreciation. Don't miss your chance to invest in a neighborhood on the rise!
Closed
$304,000
5016 S Paulina St, Chicago, IL 60609
15beds
--sqft
Multi Family
Built in 1894
-- sqft lot
$315,700 Zestimate®
$--/sqft
$1,416 Estimated rent
Home value
$315,700
$284,000 - $350,000
$1,416/mo
Zestimate® history
Owner options
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$1,416/mo
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$1,416/mo
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$2,144/mo
Est. payment
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$2,144/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Fernando Rocha Jr 773-772-6969,
RE/MAX LOYALTY,
Christian Rosas 312-675-9215,
RE/MAX LOYALTY
Bought with:
Jorge Ortega, ABR,CSC,E-PRO,MRP,SRS
REMAX Legends
Source: MRED as distributed by MLS GRID,MLS#: 12377349
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas, Electric
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,000 sqft
Details
- Parcel number: 20072280190000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
- Year built: 1894
Utilities & green energy
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
- Subdivision: Back Of The Yards
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 1/29/2026 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 10/16/2025 | Sold | $304,000+1.3% |
Source:  MRED as distributed by MLS GRID #12377349 Report a problem | ||
| 8/25/2025 | Contingent | $299,999 |
Source: MRED as distributed by MLS GRID #12377349 Report a problem | ||
| 7/17/2025 | Listed for sale | $299,999 |
Source: MRED as distributed by MLS GRID #12377349 Report a problem | ||
| 6/30/2025 | Listing removed | $299,999 |
Source: MRED as distributed by MLS GRID #12377349 Report a problem | ||
| 6/23/2025 | Listed for sale | $299,999+650% |
Source: MRED as distributed by MLS GRID #12377349 Report a problem | ||
| 12/10/1993 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $18,000 +63.6% |
| 2023 | $1,630 +4% | $11,000 |
| 2022 | $1,568 +1.7% | $11,000 |
| 2021 | $1,542 -9.2% | $11,000 +3.1% |
| 2020 | $1,698 -6.5% | $10,674 -14% |
| 2019 | $1,816 +1.8% | $12,412 |
| 2018 | $1,785 -56.4% | $12,412 -44.2% |
| 2017 | $4,089 +2.7% | $22,245 |
| 2016 | $3,981 +9.9% | $22,245 |
| 2015 | $3,622 +38.2% | $22,245 +34.2% |
| 2014 | $2,620 +2.4% | $16,580 |
| 2013 | $2,558 +0.4% | $16,580 |
| 2012 | $2,548 -19.2% | $16,580 -29.1% |
| 2011 | $3,155 +3.9% | $23,381 |
| 2010 | $3,038 +10.8% | $23,381 |
| 2009 | $2,742 +29.7% | $23,381 +9.6% |
| 2008 | $2,114 +21% | $21,341 |
| 2007 | $1,747 +26% | $21,341 |
| 2006 | $1,387 -4.4% | $21,341 +54.9% |
| 2005 | $1,450 -35.5% | $13,774 |
| 2004 | $2,249 +2.2% | $13,774 |
| 2003 | $2,201 +23.3% | $13,774 +40% |
| 2002 | $1,785 +3.7% | $9,837 |
| 2001 | $1,721 +32.8% | $9,837 |
| 2000 | $1,296 -0.7% | $9,837 +47.4% |
| 1999 | $1,305 | $6,675 |
Find assessor info on the county website
Neighborhood: Back of the Yards
Nearby schools
GreatSchools rating
- 5/10Daley Elementary AcademyGrades: PK-8Distance: 0.3 mi
- NARichards Career Academy High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$315,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$315,700
- Illinois
- Cook County
- Chicago
- 60609
- Back of the Yards
- 5016 S Paulina St
Nearby cities
Nearby neighborhoods
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