$5,500,000
PENDING

Estimated payment $31,994/month

Total Views 94
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.******/// 8200 S Paulina St is a 19-unit building in Chicago's Southwest Auburn Gresham neighborhood. This building has a unit mix of six (6) one bed/one bath units, and thirteen (13) two bed/one bath units. Beautiful masonry building will require renovation. Built in 1927 and boasting 15,000 sq ft of space, 8200 S Paulina St offers a unique investment opportunity to contribute to the revitalization of Auburn Gresham.

Listing Agent

Steve Kehoe

Compass License #475170862 Listed on: 03/03/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,308

Year Built

  • Built in 1927

Additional Features

  • 3-Story Property
  • 8,341 Sq Ft Lot

Community Details

Overview

  • 19 Units

Building Details

  • Electric Expense $3,000
  • Fuel Expense $17,100
  • Insurance Expense $7,700
  • Maintenance Expense $9,500
  • Manager Expense $11,430
  • Trash Expense $2,500
  • Water Sewer Expense $9,900
  • Operating Expense $64,820
  • Gross Income $228,600
  • Net Operating Income $140,612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,308

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: REO/Lender Owned
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 5500000

Utilities

  • Heat/Ventilation: Other

Condo/Co-op/Association

  • Manager Expense: 11430

Fee Information

  • Trash Expense: 2500
  • Water Sewer Expenses: 9900
  • Janitor Expense: 3690

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 8,341 SQ FT
  • Lot Size Sq Ft: 8341

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 140612
  • Fuel Expense: 17100
  • Insurance Expense: 7700
  • ElectricExpense: 3000
  • GrossIncome: 228600
  • Maintenance Expense: 9500
  • NumberOfUnitsTotal: 19
  • OperatingExpense: 64820
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 24308
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $5,500,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12302497

Midwest Real Estate Data (MRED)

APN: 20312290160000