5409 S Paulina ST, Chicago, IL 60609
5409 S Paulina ST, Chicago, IL 60609
5409 S Paulina ST, Chicago, IL 60609
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$399,900
Est. payment /mo
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4 Beds
2 Baths
3,049 Sqft Lot
Open 10/10 1PM-3PM

5409 S Paulina ST Chicago, IL 60609

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Ariel Manlapaz

Ariel Manlapaz

+1(847) 924-7177

Open House

Sat Oct 10, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12779271

Style Traditional

Bedrooms 4

Year Built 1898

Annual Tax Amount $2,492

Tax Year 2025

Lot Size 3,049 Sqft

Lot Dimensions 25 x 125 ft.

Property Sub-Type Two to Four Units

Property Description

**LIVE IN ONE, RENT THE OTHER - AN EXCEPTIONAL 2-UNIT INVESTMENT OPPORTUNITY! Why settle for an ordinary property when you can own a beautifully transformed, income-producing investment with the major work already done? Welcome to an extensively GUT-REHABBED BRICK 2-UNIT property offering the perfect combination of modern finishes, substantial infrastructure improvements, & long-term investment potential! Completely transformed through an extensive renovation from 2023-2026, this property was remodeled with CITY OF CHICAGO-APPROVED ARCHITECTURAL PLANS & PERMITS! Per seller, All required inspections have been successfully passed, including ELECTRICAL, PLUMBING, HVAC, & NEW CONSTRUCTION, with work completed in accordance with applicable Chicago Construction Codes. BOTH UNITS showcase BRAND-NEW KITCHENS featuring beautiful white cabinetry, elegant QUARTZ COUNTERTOPS, & BRAND-NEW STAINLESS STEEL APPLIANCES (2026), complemented by stylish gray vinyl flooring, renovated bathrooms with ceramic tile finishes, modern lighting, & new interior doors. The TRUE VALUE goes far beyond the finishes! Major improvements include a NEW ROOF (2023), NEW WINDOWS (2024), COMPLETELY NEW ELECTRICAL WIRING & PLUMBING THROUGHOUT (2026), NEW UNDERGROUND PLUMBING & DRAIN TILES (2024), NEW SOFFITS, FASCIA & GUTTERS (2024), and TWO CENTRAL AIR CONDITIONING CONDENSERS (2025)! Each unit features its OWN ELECTRICAL PANEL, along with TWO SEPARATE GAS METERS and a dedicated electrical panel for common areas. Step outside to enjoy the FRESHLY PAINTED FRONT PORCH and TWO FRESHLY PAINTED REAR PORCHES, one for each unit! And THERE'S MORE! The property offers a SPACIOUS, FULL UNFINISHED BASEMENT, providing an exciting blank canvas for the next owner's vision! Whether you envision additional storage, a workshop, hobby space, or future improvements tailored to your needs, the basement offers flexibility and potential for further customization, subject to applicable permits and approvals. For investors, this means acquiring a property with extensive capital improvements already completed & the opportunity to focus on rental income rather than taking on a major renovation from day one. For owner-occupants, imagine enjoying a beautifully renovated home while rental income from the second unit helps towards YOUR MONTHLY MORTGAGE! LOCATION ADDS EVEN MORE VALUE! Conveniently located near neighborhood schools, Cornell Square Park, Sherman Park, grocery stores, shopping, local restaurants, and everyday essentials, with access to CTA transportation and major expressways including I-90/94, connecting you to downtown Chicago and surrounding suburbs. Whether you're growing your investment portfolio or beginning your homeownership journey, this property offers an outstanding opportunity to build equity and invest in your future! THE MAJOR WORK HAS BEEN DONE - NOW IT'S YOUR TURN TO ENJOY THE BENEFITS! Schedule your private showing today!**

Location

State IL

County Cook

Area Chi - New City

Zoning MULTI

Rooms

Basement Unfinished, Storage Space, Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Equipment CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Multiple Water Heaters, Water Heater-Gas

Fireplace N

Exterior

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Level

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Fulton Elementary School

Middle Schools Fulton Elementary School

High Schools Tilden Career Communty Academy S

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition Standard

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jacqueline Zepeda of  Village Realty, Inc. 

NEARBY SCHOOL & BUSINESS

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Ariel Manlapaz

Ariel Manlapaz

Real Estate Consultant License ID: 475173895

+1(847) 924-7177

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