6100 North Paulina Street

6100 North Paulina Street

Chicago, IL 60660

$7,400,000
Price
40
Beds
23
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a building view
a building view
a view of a building
a front view of a house with parking space
a building with a door
a building view
a front view of a building with lot of cars and trees
a view of a car parked in front of a building
a bathroom with a shower
a view of entryway
a view of a kitchen with a sink and a refrigerator
a view of empty room with wooden floor
an empty room with wooden floor and windows
a view of empty room with wooden floor and fan
a kitchen with stainless steel appliances granite countertop a refrigerator a stove top oven a sink and dishwasher with wooden floor
a kitchen with a stainless steel appliances and cabinets
a view of an empty room with wooden floor and a window
a view of room with window and hardwood floor
a view of an empty room with wooden floor and a window
a bathroom with a toilet a sink a vanity and mirror
a bathroom with a bathtub and shower
a view of a porch with wooden floor and city view
a view of a porch
a view of a house with a yard and deck
a view of a chairs and table in the patio
a backyard of a house with outdoor seating
a view of a building with many windows

Description

Built in 1924, rare, turnkey 23 unit apartment building in Edgewater just north outside Andersonville. Fully leased and condo conversion quality with reconstruction including brand new water main, all new gas and water piping and systems, complete window replacement, new overlay rubber roof with skylights over stairwells. Four separate entrances. Located on the corner of Paulina and Glenlake. Each entry with call box intercom system to a tenant's cell phone. All Chicago red brick with two car, all...Built in 1924, rare, turnkey 23 unit apartment building in Edgewater just north outside Andersonville. Fully leased and condo conversion quality with reconstruction including brand new water main, all new gas and water piping and systems, complete window replacement, new overlay rubber roof with skylights over stairwells. Four separate entrances. Located on the corner of Paulina and Glenlake. Each entry with call box intercom system to a tenant's cell phone. All Chicago red brick with two car, all brick garage, large decks up to code and beautiful, secured courtyard with four sets of tables/chairs, bike racks, plantings, mulched areas. Window and lentil replacement. All new interior lighting. 7' entry doors. 800 amp electrical service. Top of the line, and absolutely stunning mechanicals in basements with plenty of room for future tenant and common building storage capabilities. Three basements in total with high ceilings to stand up in. All copper plumbing lines. All separate gas meters. Each unit has central heat, central air, in unit washer and dryer. All new kitchens, bathrooms, flooring, appliances, lighting, dedicated gas/electric meters, radiant heating for basement/vestibules, structural joists replaced, etc. This is a true gut rehab. No expense spared. Each tier, or set of sis has its own central cable box. Each unit is already wired for cable and cable ready. 100% fire code rated. All Glenlake entrances have skylights at the top of the refurbished stairwells. Original, printed wainscoting. Lobbies with fresh carpeting and stamped tile floors, classic contemporary wood augmentations. All legitimate leases, 12 month minimum term. All tenants credentialed including full credit report, income, landlord, employment verification, background checks. This building runs itself. A must see. Very low maintenance and sit back and collect rent. A prized piece for a portfolio or star piece for a first timer. Legally zoned for 24 units. Assumable mortgage balance of $3.627M @ an interest rate of 3.09% with 4 years left on the loan as of RIGHT NOW
  1. Listed by Nicholas Colagiovanni • Baird & Warner

Property Details for 6100 North Paulina Street

Area
CHI - Edgewater
Zoning
MULTI

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 03/27/2024 03:00 AM

Property Details for 6100 North Paulina Street

StatusActive
MLS #11806043
Days on Market344
Taxes$30,598 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1924
Lot Size0.24 AC / 10,248 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 6100 North Paulina Street

Stories-Residences23Year Built1924Building Size-Lot Size0.24 AC / 10,248 SF

Payment Calculator

$42,935 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,385

Property Taxes

$2,550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6100 North Paulina Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 2.0
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 23
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 23
  • # Of Dryers: 23
  • # Of Dishwashers: 23
  • Num of Baths: 23.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 168X61
  • Stories: 2
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2023-06-12T15:37:35
  • Photos Count: 27
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 23
Income & Expenses
  • Electric Expense: $1,516.00
  • Fuel Expense: $10,852.00
  • Gross Income: $467,256.00
  • Gross Scheduled Income: $467,256.00
  • Insurance Expense: $11,814.00
  • Maintenance Expense: $7,592.00
  • Janitor Expense: 3710
  • Other Expense Source: Combination
  • Total Monthly Income: 38938
  • Net Operating Income: $443,171.00
  • Operating Expense: $24,085.00
  • Other Expense: $4,256.00
  • Trash Expense: $9,490.00
  • Water Sewer Expense: $5,453.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 19
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 6100 North Paulina Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6100 North Paulina Street

Taxable ValueLand$35,983Additions$90,147Total$126,130
Tax Record2018$24,914 ($2,076 / month)
Home Facts
Stories3Lot Size10,006 SqFtStyleMulti-Family Res (5+ Units)Year Built1916CountyCOOKAPN14062160300000

Schools near 6100 North Paulina Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Hayt Elementary School
Public - PK to 8
Senn High School
Public - 9 to 12
Stone Elementary Scholastic Academy
Public - K to 8
Passages Elementary Charter School
Charter - PK to 8
Rating
School
Distance
Hayt Elementary School
PublicPK to 8

Senn High School
Public9 to 12

Stone Elementary Scholastic Academy
PublicK to 8

Passages Elementary Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6100 North Paulina Street, Chicago, IL 60660

6100 North Paulina Street is a multi-family home for sale in Chicago, IL 60660. This property was listed for sale on June 12, 2023 by Baird & Warner, it's currently listed at $7,400,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Hayt Elementary School, Senn High School and Stone Elementary Scholastic Academy. 6100 North Paulina Street is a 40-bed, 23-bath, multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.