4609 S PAULINA Street
Chicago, IL 60609

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $299,000

About this home

Price to sale! Prefer cash offer as is! This price is investors' very rare opportunity!Four units detached property with two car garages in 46th street for sale.It provides the opportunity for four rental income streams with only one low property taxes and no HOA fees, making it a great investment with a potential for high ROI! The property has a total of four units with three two-bedroom apartments and one three-bedroom apartment. It features newer thermal pane windows and forced air furnaces in all units. The roof was also recently replaced in 2018. Newer washer and dryer in basement. Full unfinished basement waiting for your ideas. Seller recently freshly painted three units after tenants moved out, the rest one unit is currently rented. This property is conveniently located near Subway, Walgreens, and Aldi, as well as within walking distance to Home Depot. Additionally, it's approximately 3.6 miles from Mariano's, 4.5 miles from Burnham Park, and 4.6 miles from Oakwood Beach on Lake Michigan. You can choose to live in one unit as your primary residence and rent out the other three units, utilizing FHA or conventional loans for maximum benefits. Alternatively, you may opt to rent out all four units and pursue commercial financing options.Welcome all offers. Contact us today to schedule a viewing and start making your cost-effective financial plan!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Parking Total 2
Exterior Building Type Vinyl Siding
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2017
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - New City
Zoning Type MULTI
Corporate Limits Chicago
Directions ASHLAND TO 47ST/W TO PAULINA/NORTH
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 4
Full Baths in Building Count 4
Total Rooms 17
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 800
Appliances And Features None
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 4
Security Deposit 350
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20064240040000
Special Assessments N
Taxes $1,748
Tax Year 2022
$299,000 Listing Price:
MLS # 12123982
Investment Profile Residential Income
Listing Market Time 95 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Garage
List Date 07/29/2024
Year Built
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