8314 S Paulina St, Chicago, IL 60620

Residential Units: The building includes two 3-bedroom apartments and two 2-bedroom apartments. Clubhouse & Additional Space: Features a 1-bedroom & bath, which provides versatile common space or potential for additional use. Currently a tenant amenity. Interior Features: Units typically offer hardwood flooring, separate dining and family rooms, and sunrooms. Kitchens are equipped with refrigerators, stoves, and microwaves. Financial & Operational DetailsRental Income: Apartments are currently rented at $1,250, though current market assessments suggest room for revenue growth, as similar 3-bedroom units in the area can command higher rates. Tenant Profile: The property benefits from long-standing tenants who consistently pay on time, offering immediate stability for a new owner. Ancillary Income: Includes income-producing shared coin-operated laundry facilities on-site. Utilities: The owner typically covers water, sewer, tenants pay individual gas and electric. NeighborhoodParking: The building offers off-street parking, including approximately four assigned spaces in the rear. Location Benefits: Situated in a quiet residential area within walking distance of Foster Park Elementary School, local grocery stores, and bus lines.