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3248 S Paulina St
Pending
Multi-Family
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$429,000

3248 S Paulina St, Chicago

64% below median
5 bd·4 ba·0 sqft
Built 1879McKinley Park

3248 S Paulina St, Chicago, IL

5 bd · 4 ba · 0 sqft Multi-Family listed at $429,000, built in 1879 in the McKinley Park neighborhood.

About this home

Well-maintained legal 2-flat on an extra-large 149' x 25' lot in sought-after McKinley Park. The inviting first-floor residence features two bedrooms and a full bath, complemented by living and dining rooms with a comfortable, traditional layout. The distinctive upper unit offers an expansive combined living and dining space highlighted by beautiful original hardwood floors, stainless steel appliances and a private staircase leading up to the next level. The top floor includes three bedrooms, a convenient en-suite half bath, and a versatile sitting area - ideal for a home office. Both units were enhanced with brand-new furnaces and central air conditioning in 2022. Recent capital improvements include new windows throughout in 2023, a new roof in 2023, and durable new siding in 2025. The partially finished basement provides additional flexibility with a full bath and shared coin-operated laundry, making this property a strong investment or owner-occupant opportunity. Large back yard is waiting for your ideas. Property is in excellent condition and is being conveyed as is. A 24 hour notice is required for showings.

Property details

Price
$429,000
Bedrooms
5
Bathrooms
4
Year built
1879
Type
Multi-Family
Days on market
94
Est. property tax
$8,923/yr · $744/mo · 2.08% IL avg
Last sold
$250,000 · Dec 2022

Estimated monthly payment

Down payment20% ($85,800)
Interest rate6.75%
Principal & Interest$2,226
Property Tax$393
Insurance$150
Total$2,769/mo

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Price history

$447K$340K$232K$250K on Dec 22 (Sold)$429K on Jan 26 (Initial list)
$250K · Dec 22$429K · Jan 26
  1. Jan 21, 2026$429,000Initial list price
  2. Dec 15, 2022$250,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60608)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 34.1; 19% hold a bachelor's degree; median household income is $66,821.

Median income
$66,821
Median age
34.1
Owner-occupied
39.5%
Bachelor's degree
19.1%
Census median home value
$321,600

Source: US Census Bureau American Community Survey 5-year estimates.

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