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Chicago, IL Short Sale Homes for Sale

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  • /17

    $205,000

    • 4 Beds
    • 1 Bath
    • 1,223 Sq Ft

    14522 S Marquette Ave, Chicago, IL 60633

    Short sale approved at 205000. Great starter home with solid potential and a strong opportunity at the approved value. The lender has approved the short sale at the list price, creating a clearer path to closing. Property is being sold 100 percent as is, please familiarize yourself with the short sale process to understand why. Home will not qualify for FHA financing. Cash or conventional

    Agent Photo

    Omar Sanchez

    Habloft LLC

    14522 S Marquette Ave, Chicago, IL 60633
  • /29

    $195,000

    Pending
    • 3 Beds
    • 2 Baths
    • 704 Sq Ft

    1016 W 57th St, Chicago, IL 60621

    This charming frame 3 bed 2 bath property says...Welcome home! A residence filled with character, comfort, and opportunity. This inviting home combines functional living space with the chance to add your own personal style and enhancements over time. Step inside to find a welcoming living and dining room combination that creates an open and connected atmosphere for everyday living, entertaining,

    Agent Photo

    Tamika Marks

    Trademarks & Associates

    1016 W 57th St, Chicago, IL 60621
  • /5

    $280,000

    • 7 Beds
    • 2 Baths

    5320 S Carpenter St, Chicago, IL 60609

    A strong value add opportunity for investors in Chicago's New City neighborhood. This multiunit building offers solid income potential with a 4BD/1BA second floor unit and a 3BD/1BA first floor unit, plus a full unfinished basement ideal for future expansion, storage, or additional revenue producing space. The property sits in a rental driven area with ongoing neighborhood improvements, making it

    Agent Photo

    Ericka Taylor

    Coldwell Banker Realty

    5320 S Carpenter St, Chicago, IL 60609
  • /35

    $175,000

    Pending
    • 5 Beds
    • 2 Baths

    7930 S Luella Ave, Chicago, IL 60617

    SHORTSALE Opportunity. Not finding what you are looking for in a multi unit? Bring your creative ideas for this diamond in the rough. Building does need work which is reflected in the list price. This Multiunit features enclosed front and back porches, tall ceilings, spacious rooms and floor plan. Great Investment Opportunity For Owner Occupant with the potential to live rent free Or Investor

    Agent Photo

    O'Neia Washington

    O W Auction Group LLC

    7930 S Luella Ave, Chicago, IL 60617
  • /21

    $284,900

    • 4 Beds
    • 3 Baths

    7512 S Peoria St, Chicago, IL 60620

    Great Opportunity to Own this Brick 2 flat. This Multi Unit offers 2 big bedrooms on each floor. Garden apartment also has a large bedroom and 1 bath. Beautiful hardwood flooring throughout, Freshly painted. New furnace,water heater and some new windows. This 2 flat has been very well maintained. The property is move in read

    Agent Photo

    Edna Thompson

    Coldwell Banker Realty

    7512 S Peoria St, Chicago, IL 60620
  • /42

    $219,900

    Pending
    • 3 Beds
    • 1 Bath
    • 768 Sq Ft

    9648 S Eggleston Ave, Chicago, IL 60628

    Welcome to this charming ranch home nestled in the desirable Washington Heights neighborhood! This well-maintained residence features 3 spacious bedrooms and 1 full bathroom on the main level, complemented by a fully finished basement that offers abundant additional living, recreation, or entertaining space. Beautiful hardwood floors flow throughout the main level, creating a warm and inviting

    Agent Photo

    Mithil Patel

    HomeSmart Realty Group

    9648 S Eggleston Ave, Chicago, IL 60628
  • /18

    $349,900

    $25K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,004 Sq Ft

    10644 S Peoria St, Chicago, IL 60643

    SPACE. STYLE. VALUE. AND A SELLER READY TO MAKE A MOVE! If you've been waiting for the right opportunity in Washington Heights, 10644 S Peoria deserves your attention. This beautifully updated 4-bedroom, 2-bath brick home offers an impressive 2,004 square feet of living space, providing the room and flexibility that can be difficult to find in the neighborhood. Completely remodeled just five

    John Wright Keller Williams Premiere Properties

    10644 S Peoria St, Chicago, IL 60643
  • /9

    $465,000

    Pending
    • 8 Beds
    • 2 Baths

    718 S Claremont Ave, Chicago, IL 60612

    Check out this 2 unit all brick building in the Medical district in the city! Each unit has 4 beds 1 bath. Plenty of space. Parking pad in fenced in yard off the alley. Short sale As IS --

    Frank Montro Keller Williams Preferred Rlty

    718 S Claremont Ave, Chicago, IL 60612
  • /22

    $199,000

    Pending
    • Studio
    • 1 Bath
    • 525 Sq Ft

    222 N Columbus Dr Unit 711, Chicago, IL 60601

    Summer in Chicago starts here. If there is ever a time to buy a studio in Chicago, this is it. Step outside and you are moments from The Riverwalk, Millennium Park, Buckingham Fountain, Lake Michigan, and Navy Pier, placing you in the very heart of a Chicago summer. Wake up to sunlight pouring through oversized bay windows that frame sweeping views of downtown Chicago. This studio at The Park

    Josh Reighard Baird & Warner

    222 N Columbus Dr Unit 711, Chicago, IL 60601
  • /21

    $349,000

    • 5 Beds
    • 3 Baths

    7841 S Loomis Blvd, Chicago, IL 60620

    If you're looking for a multi-unit building for cash flow or owner occupation, look no further. This solid brick building has three units: two bedrooms and one bathroom on the first and second floors, and one bedroom and one bathroom in the basement. It is close to shopping malls and transport links. Please schedule viewings today.

    Davidson Zigah Greensafe Real Estate & Consult

    7841 S Loomis Blvd, Chicago, IL 60620
  • /2

    $150,000

    $100K PRICE INCREASE
    • 3 Beds
    • 3 Baths
    • 2,200 Sq Ft

    6806 S Crandon Ave Unit 2, Chicago, IL 60649

    THIS IS A SIGHT UNSEEN PURCHASE. PROPERTY IS CURRENTLY IN PRE-FORECLOSURE AND WILL BE A SHORT SALE. ALL ACCEPTED OFFERS ARE SUBJECT TO LENDER APPROVAL. BUYER RESPONSIBLE FOR OUTSTANDING HOA DUES AT CLOSING. HOA DUES ARE NOT INCLUDED IN LIST PRICE. ONLY AS-IS CASH OFFERS WILL BE CONSIDERED.

    Seatrice Foster Foster & Williams Real Estate

    6806 S Crandon Ave Unit 2, Chicago, IL 60649
  • /6

    $235,000

    Pending
    • 5 Beds
    • 3 Baths

    3003 S Kenneth Ave, Chicago, IL 60623

    Two unit brick building on a spacious corner double lot! 2 car garage with driveway. Each unit has 2 bedrooms, 1 bathroom with hardwood floors and central HVAC. The building has a finished attic in-law arrangement with a kitchenette, 1 bedroom and 1 bathroom. Property needs work!! sold AS IS. Cash or Hard-money only, this is a Short Sale.

    Tatiana Hernandez Keller Williams Premiere Properties

    3003 S Kenneth Ave, Chicago, IL 60623
  • /2

    $345,000

    Pending
    • 3 Beds
    • 1 Bath
    • 1,781 Sq Ft

    9600 S Prospect Ave, Chicago, IL 60643

    Welcome to this charming 3-bedroom, 1-bath home in the heart of the sought-after Beverly neighborhood Chicago. Nestled on a quiet, tree-lined street, this home offers a bright, functional layout with spacious bedrooms and plenty of natural light. Perfect for a first-time buyer or anyone looking to get into a well-established community, with easy access to parks, schools, shopping, and

    Nora Gavin Coldwell Banker Realty

    9600 S Prospect Ave, Chicago, IL 60643
  • /18

    $235,000

    $45K PRICE DROP Pending
    • 4 Beds
    • 2 Baths
    • 1,727 Sq Ft

    5230 W 51st St, Chicago, IL 60638

    Welcome to this charming home in the heart of Garfield Ridge! This serene residence offers a perfect blend of comfort and functionality, featuring spacious living areas filled with natural light and a layout ideal for everyday living and entertaining. The kitchen provides ample cabinetry and workspace, while the generously sized bedrooms offer comfort and versatility. Enjoy outdoor living with a

    Nelson Derbigny Metrolina Realty LLC

    5230 W 51st St, Chicago, IL 60638
  • /2

    $100,000

    Pending
    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    6528 S University Ave Unit 3S, Chicago, IL 60637

    Sold before being listed. SHORT SALE!

    LaQuan Henley Keller Williams ONEChicago

    6528 S University Ave Unit 3S, Chicago, IL 60637
  • /35

    $215,000

    $20K PRICE DROP Pending
    • 4 Beds
    • 2 Baths
    • 1,035 Sq Ft

    10408 S Avenue J, Chicago, IL 60617

    Welcome to this charming 4-bedroom, 2-bath home with an in-law suite, perfect for multi-generational living or extra space for guests. The primary bedroom is located on the second level and features its own kitchen and living room/entertainment area, offering privacy and comfort. On the main level, you'll find a beautifully spacious kitchen, a formal dining room, and 3 generously-sized bedrooms.

    Alejandrina Almaraz Reveles Midwest SignatureProperties Co

    10408 S Avenue J, Chicago, IL 60617
  • /31

    $649,000

    Pending
    • 6 Beds
    • 3 Baths

    2441 N Hamlin Ave, Chicago, IL 60647

    Logan Square Short Sale Opportunity! This classic brick two-flat sits on a wide lot with a side drive and a 2.5-car garage in one of Logan Square's most sought-after neighborhoods. Each unit features 3 bedrooms and 1 bath. The first-floor unit has been modified by removing the wall between two bedrooms to create one larger bedroom, offering a more spacious layout. The semi-finished basement

    Cristina Ancona Fulton Grace Realty

    2441 N Hamlin Ave, Chicago, IL 60647
  • /32

    $220,000

    $30K PRICE DROP Pending
    • 4 Beds
    • 2 Baths

    1462 W 73rd St, Chicago, IL 60636

    Attention - investors and owner occupants! Great opportunity to own this classic two-flat in Chicago featuring 2 spacious units, each offering 2 Bedrooms and 1 full Bath. The property also includes a full unfinished walkout basement with endless potential for storage or future possibilities. This property is being sold AS-IS, no repairs, 100% tax proration and is subject to lender approval as a

    Lisa Nowogurski Berkshire Hathaway HomeServices Starck Real Estate

    1462 W 73rd St, Chicago, IL 60636
  • /21

    $269,000

    Pending
    • 3 Beds
    • 2.5 Baths
    • 1,700 Sq Ft

    3711 S Damen Ave Unit 3, Chicago, IL 60609

    SHORT SALE, WATER DAMAGE FROM BURST PIPE ON TOP PRIMARY BEDROOM, SALE "AS IS". CASH OR REHAB LOAN NEEDED. MODERN OPEN CONCEPT PENTHOUSE DUPLEX IN MCKINLEY PARK OFFERING TWO LEVELS OF LIVING SPACE PLUS PRIVATE 3RD LEVEL ROOFDECK! 3 BEDROOM/ 2.1 BATH W/ 1 BALCONY AND FULL ROOFDECK & ONE GARAGE PARKING SPOT! HARDWOOD FLOOR THRU-OUT. MAIN LEVEL HAS OPEN FLOOR PLAN W/LIVING ROOM & DINING AREA

    Sandra Wright ELLSBURY GROUP LLC

    3711 S Damen Ave Unit 3, Chicago, IL 60609
  • /20

    $319,000

    Pending
    • 11 Beds
    • 3 Baths

    8942 S Baltimore Ave, Chicago, IL 60617

    Legal 3-Unit Investment Opportunity! Great location just minutes from shopping, local dining, and the lakefront. Renovated in 2023, this income-producing property offers excellent potential for an investor or owner-occupant. Major updates completed in 2023 include plumbing, electrical, mechanicals, and hot water tanks. Each unit is equipped for stackable laundry and features central air. Property

    Sheena Manning Realty of America, LLC

    8942 S Baltimore Ave, Chicago, IL 60617
  • /21

    $99,000

    Pending
    • 4 Beds
    • 2 Baths

    11612 S Lafayette Ave, Chicago, IL 60628

    Excellent investment opportunity! This 2-flat sits on a large lot and offers unlimited potential for investors, rehabbers, or owner-occupants looking to build equity. Property is being sold AS-IS. Conveniently located just minutes from the Dan Ryan Expressway (I-94) and I-57, providing easy access for commuters. Spacious lot offers additional possibilities. Don't miss this chance to add value to

    Jaime Birks Realty of America

    11612 S Lafayette Ave, Chicago, IL 60628
  • /26

    $110,000

    Open Sat 11AM - 12:30PM
    • 2 Beds
    • 2 Baths
    • 1,040 Sq Ft

    6730 S South Shore Dr Unit 501, Chicago, IL 60649

    This Short sale is now APPROVED! ~ Unobstructed lake views from this bright corner unit condo home! Enjoy lakefront living with a garage parking space, balcony, and warm door staff. Watch the waves come and go while enjoying a majestic sun rise. Plus, located just steps away, you'll find a historic golf course, lake jogging and bike paths, boating, Lake Shore Drive, CTA/bus to downtown; and Metra

    Shaquelia Smith Baird & Warner

    6730 S South Shore Dr Unit 501, Chicago, IL 60649
  • /22

    $800,000

    Pending
    • 8 Beds
    • 5 Baths

    3639 N Greenview Ave, Chicago, IL 60613

    Discover the potential of this classic Chicago brick multi-unit building located on a quiet residential street in the highly desirable Lakeview neighborhood. This property offers timeless character and endless possibilities for its next owner. Whether you're looking to live in one unit while renting the others, create a multi-generational living space, or reimagine the property to suit your

    Edgar Zelaya eXp Realty

    3639 N Greenview Ave, Chicago, IL 60613
  • /14

    $190,000

    Pending
    • 1 Bed
    • 1 Bath

    6526 W Irving Park Rd Unit 505, Chicago, IL 60634

    Rarely available spacious 1-bedroom condo with an outdoor parking space, tucked away in the desirable Dunning neighborhood. This well-maintained home offers an ideal blend of comfort and convenience, just steps from parks, shopping, and CTA access. The bright and airy living space opens to a private north-facing balcony-perfect for relaxing and enjoying quiet outdoor time. The unit features a

    Lucas Kristen onPointe Real Estate

    6526 W Irving Park Rd Unit 505, Chicago, IL 60634
  • /2

    $180,000

    $20K PRICE DROP
    • 4 Beds
    • 2 Baths

    4937 S Hoyne Ave, Chicago, IL 60609

    Great investment opportunity! Check out this 2-unit building located at 4937 S Hoyne Ave in Chicago. The property is in need of TLC and repairs and is being sold strictly as-is. Each unit offers a functional layout with a living room, 2 bedrooms, a full bathroom, and a kitchen. The property also features a yard and a 2-car garage.

    Luis Ortiz RE/MAX Partners

    4937 S Hoyne Ave, Chicago, IL 60609
  • /10

    $249,000

    $11K PRICE DROP Pending
    • 4 Beds
    • 2 Baths
    • 1,125 Sq Ft

    7832 S Christiana Ave, Chicago, IL 60652

    Extra LARGE ranch with an incredible rear addition! featuring 4 bedrooms, 2 full baths, and an open-concept layout perfect for entertaining. The luxurious primary suite boasts vaulted ceilings and a private en-suite with dual vanities and a separate shower. Enjoy an updated kitchen with granite countertops, hardwood floors, recessed lighting, plus a newer roof, energy-efficient windows, furnace,

    Jose Villasenor Realty of America, LLC

    7832 S Christiana Ave, Chicago, IL 60652
  • /83

    $412,000

    $167K PRICE DROP Pending
    • 9 Beds
    • 6 Baths

    6331 S Throop St, Chicago, IL 60636

    SHORT SALE APPROVED AT LISTING PRICE. Asking price approved by the lender. Well-maintained 4-unit building with all units recently updated. Great opportunity to live in one unit and rent the others, or add to your investment portfolio. Exterior improvements include new windows and some tuckpointing. Each unit features updated kitchens with granite countertops, hardwood floors, new doors and trim,

    David Hernandez Coldwell Banker Realty

    6331 S Throop St, Chicago, IL 60636
  • /10

    $274,900

    Pending
    • 4 Beds
    • 2 Baths

    923 N Kedvale Ave, Chicago, IL 60651

    Don't Miss Out!!! This is an excellent opportunity to own 2 unit building in the Humboldt Park area in the City of Chicago. The building is in need of some work, but has a lot of upside once updated. The property is located near schools, parks, retail, and public transportation.

    Stratos Rounis SR Realty Group Inc.

    923 N Kedvale Ave, Chicago, IL 60651
  • /22

    $349,000

    • 5 Beds
    • 3 Baths
    • 1,397 Sq Ft

    3109 N Newland Ave, Chicago, IL 60634

    SHORT SALE !!!!! 3 Bedrooms , with finish basement and extra 2 bedrooms in the basement, 3 full bathroom . Buyer will be responsible of removing any personal items left in the property by the seller after the closing. sold " AS IS ". SHORT SALE !!!

    Wael Amra Chicago Residences

    3109 N Newland Ave, Chicago, IL 60634
  • /18

    $184,900

    Pending
    • 3 Beds
    • 1.5 Baths
    • 1,224 Sq Ft

    8026 S Fairfield Ave, Chicago, IL 60652

    Multiple offers -Highest and best called - please have highest and best to listing agent by 10am Monday march 30 please note: broker had to get new paperwork signed as authorized signatory changed - property is relisted NOTE: Short Sale - All Brick Georgian! GREAT AREA! Close to everything you would want. This rock home has excellent bones and is waiting for you! HUGE potential! 4 minutes 1.5

    Frank Capasso eXp Realty

    8026 S Fairfield Ave, Chicago, IL 60652
  • /12

    $237,000

    Pending
    • 3 Beds
    • 3 Baths
    • 1,314 Sq Ft

    8124 S Wabash Ave, Chicago, IL 60619

    Classic two-story Georgian located in Chicago's Chatham neighborhood. This home offers a traditional floor plan with separate living and dining rooms, three bedrooms on the second level, a full basement, and a detached two-car garage. Conveniently located near neighborhood parks, shopping, restaurants, public transportation, and major expressways, offering easy access to amenities throughout the

    Stephenie Wise Greater 1 Realty

    8124 S Wabash Ave, Chicago, IL 60619
  • /22

    $249,000

    • 4 Beds
    • 3 Baths
    • 1,400 Sq Ft

    8438 S Morgan St, Chicago, IL 60620

    Welcome to 8438 S. Morgan Ave.-an outstanding short-sale opportunity in Auburn Gresham! Whether you're an investor looking for your next portfolio addition or a buyer ready to build quick sweat equity, this property offers a solid foundation and tasteful interior updates already underway. Step inside to a bright, airy living and dining area featuring rich dark hardwood floors and large windows

    Corey McCray Exit Infinity Realty

    8438 S Morgan St, Chicago, IL 60620
  • /14

    $179,900

    • 3 Beds
    • 1 Bath
    • 940 Sq Ft

    639 W 48th St, Chicago, IL 60609

    Charming 3-bedroom Chicago home with timeless character, great potential, and a newer 2-car garage added by the current owner. Bright living and dining areas. The home needs work and is ideal for an investor or buyer ready to bring their vision to life. Conveniently located near parks, shops, and public transit-just minutes from Guaranteed Rate Field for White Sox fans. Easy access to I-90/94 and

    Marina Collazo Redfin Corporation

    639 W 48th St, Chicago, IL 60609
  • /10

    $250,000

    Pending
    • 5 Beds
    • 3 Baths
    • 2,000 Sq Ft

    6328 S Drexel Ave Unit 1, Chicago, IL 60637

    Spacious and beautifully updated 5-bedroom, 3-bath duplex-down in the highly sought-after Woodlawn neighborhood, just minutes from public transportation, the University of Chicago, and the future Obama Presidential Center. Offering exceptional space and flexibility, this home is ideal for homeowners, multigenerational living, or investors seeking additional income potential. The main level

    Nikki Kimsey Keller Williams Preferred Rlty

    6328 S Drexel Ave Unit 1, Chicago, IL 60637
  • /2

    $359,900

    • 9 Beds
    • 4 Baths

    2517 W 69th St, Chicago, IL 60629

    Four unit brick. Three large 2 bedroom apartments and one large 3 bedroom. building in average condition. Property being sold as is, partially tenant occupied. Potential money maker, seasoned investor can make this diamond in the ruff sparkle.

    David Williamson Choice Realty Group Inc.

    2517 W 69th St, Chicago, IL 60629
  • /2

    $297,000

    Pending
    • 4 Beds
    • 2 Baths
    • 1,200 Sq Ft

    2151 E 90th St, Chicago, IL 60617

    Michael Mensah eXp Realty

    2151 E 90th St, Chicago, IL 60617
  • /17

    $195,999

    $4K PRICE DROP
    • 1 Bath

    230 E Ontario St Unit 1204, Chicago, IL 60611

    SHORT SALE-Live at the center of it all in this bright, modern Streeter Ville Loft condo just steps from the world-famous Magnificent Mile, Navy Pier, and Lake Michigan. Floor-to-ceiling windows and coveted south-facing views flood the space with natural light, creating an inviting urban retreat above the energy of downtown Chicago. Fully renovated in 2021 with brand-new wood floors added in

    Efty Garba eXp Realty

    230 E Ontario St Unit 1204, Chicago, IL 60611
  • /21

    $222,000

    $45K PRICE DROP Pending
    • 4 Beds
    • 2 Baths

    8005 S Maryland Ave, Chicago, IL 60619

    Wonderful, 2-unit building on a city lot. Easily relax in any of the bedrooms. Both units feature 2 bedroom, 1 bathroom units. Classic hardwood floors. Both units having amazing living rooms with lots of natural light. Incredible kitchens with lots of cabinet and counter top space. Conveniently located on a quiet block near food, shopping, schools, and all of the conveniences Cottage Grove has to

    Derrick Jackson eXp Realty

    8005 S Maryland Ave, Chicago, IL 60619
  • /27

    $365,000

    $20K PRICE DROP
    • 7 Beds
    • 2 Baths

    7843 S Marquette Ave, Chicago, IL 60649

    Brick 2-flat both units are vacant, offering a great investment opportunity. Each unit features a spacious layout and separate utilities. Well-maintained and conveniently located near public transportation, shopping, and other amenities. A solid addition to any investment portfolio or primary residence. *shortsale. Schedule your showing today.

    Anthony Kirkland Coldwell Banker Realty

    7843 S Marquette Ave, Chicago, IL 60649
  • /25

    $240,000

    $9K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 906 Sq Ft

    4250 N Marine Dr Unit 1731, Chicago, IL 60613

    Move-in ready 1 bed / 1 bath residence in the highly sought-after Imperial Towers, just steps from Chicago's lakefront. This bright and inviting home features large windows that fill the space with natural light, creating a warm and comfortable living environment. The well-designed layout offers a spacious living area along with a dedicated dining space that comfortably accommodates a full

    David Burdeen RE/MAX 10 Lincoln Park

    4250 N Marine Dr Unit 1731, Chicago, IL 60613

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$390,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$630,000
Median 2 Bedroom Sale Price
$412,500
Median 1 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
65
Last 12 months Home Sales
20,520
Months of Supply
2.10
Median List Price
$390,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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