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Chicago, IL Short Sale Homes for Sale

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  • /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

    (312) 561-9801

    7512 S Peoria St, Chicago, IL 60620
  • /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

    (872) 395-6065

    14522 S Marquette Ave, Chicago, IL 60633
  • /83

    $412,000

    • 9 Beds
    • 6 Baths

    6331 S Throop St, Chicago, IL 60636

    PENDING CANCELLATION OF PREVIUOS CONTRACT, BACKUP OFFERS WELCOME. SHORT SALE! 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

    Agent Photo

    David Hernandez

    Coldwell Banker Realty

    (773) 570-1041

    6331 S Throop St, Chicago, IL 60636
  • /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

    (872) 253-7422

    5320 S Carpenter St, Chicago, IL 60609
  • /2

    $249,500

    • 4 Beds
    • 2.5 Baths
    • 2,216 Sq Ft

    7718 S Bennett Ave, Chicago, IL 60649

    Property is being sold strictly as-is, where-is, with no repairs or credits Buyer is responsible for all inspections, due diligence, and municipal requirements. This is a short sale subject to lender approval. Cash buyers only. No financing offers will be considered. Proof of funds is required with all offers. The property has been well maintained and would benefit from cosmetic updates and

    Jumaane English Real Broker LLC

    7718 S Bennett Ave, Chicago, IL 60649
  • /7

    $240,000

    • 4 Beds
    • 3 Baths
    • 1,200 Sq Ft

    7801 S Ada St, Chicago, IL 60620

    Welcome to this stunning, fully remodeled solid-brick single-family home in Auburn Gresham, situated on an oversized Chicago lot and loaded with modern finishes. This corner-lot beauty offers timeless curb appeal, abundant space, and a quiet, tree-lined setting. Rehabbed in 2022, this home features 3 bedrooms plus an additional bedroom in the finished basement and 3 full bathrooms, spanning three

    Loreal Flowers EXIT Strategy Realty

    7801 S Ada St, Chicago, IL 60620
  • /2

    $297,000

    • 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
  • /2

    $224,000

    • 3 Beds
    • 1 Bath
    • 998 Sq Ft

    7958 S Knox Ave, Chicago, IL 60652

    Short Sale - Sold As-Is. Updated brick home in Scottsdale featuring 3 bedrooms, 1 bath, and a newly finished basement. Hardwood floors, eat-in kitchen, spacious living room, and large yard with patio. Two-car garage and long driveway. Convenient location near shopping, dining, and parks.

    Frank Montro Keller Williams Preferred Rlty

    7958 S Knox Ave, Chicago, IL 60652
  • /31

    $310,000

    • 5 Beds
    • 2 Baths
    • 1,413 Sq Ft

    8411 S Dante Ave, Chicago, IL 60619

    Beautifully updated bungalow featuring a bright and airy open layout filled with natural light. The spacious kitchen showcases quartz countertops, stylish custom tile backsplash, and quality finishes throughout. Hardwood flooring flows through the main level, complemented by a modern electric fireplace that creates a warm and inviting atmosphere. The home offers comfortably sized bedrooms and an

    Halina Zdanowski LPT Realty

    8411 S Dante Ave, Chicago, IL 60619
  • /22

    $199,000

    • 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
  • /12

    $159,900

    • 4 Beds
    • 1.5 Baths
    • 1,880 Sq Ft

    11538 S Laflin St, Chicago, IL 60643

    Do Not Miss Out!!! This is an excellent opportunity to own a spacious 4 bedroom 1.5 bathroom home in the West Pullman area in the City of Chicago. This home is in need of updating. The building is located near schools, parks, retail, and public transportation.

    Stratos Rounis SR Realty Group Inc.

    11538 S Laflin St, Chicago, IL 60643
  • /8

    $390,000

    • 4 Beds
    • 2.5 Baths
    • 1,798 Sq Ft

    10350 S Prospect Ave, Chicago, IL 60643

    Located in the heart of Beverly, this expansive all-brick bungalow offers a rare opportunity to own a 4-bedroom, 3-bath home on an oversized double lot. With approximately 3,500 square feet of potential living space, this property combines timeless character with exceptional structure. The main level features a generous living room anchored by a classic fireplace, along with a sun-drenched

    Jaiva Birch Century 21 IMPACT

    10350 S Prospect Ave, Chicago, IL 60643
  • /2

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,701 Sq Ft

    639 E 90th Place, Chicago, IL 60619

    Excellent investment opportunity on this single family home nested in the beautiful Chatham community! Property is in need of a little TLC to reach its full potential. Was a turnkey property recently until storm damaged the roof. Sold AS IS. Short Sale

    Dexter Harper Coldwell Banker Realty

    639 E 90th Place, Chicago, IL 60619
  • /23

    $115,000

    • 5 Beds
    • 2 Baths
    • 1,619 Sq Ft

    8626 S Kingston Ave, Chicago, IL 60617

    Priced to sell and ready for its next owner to bring it to completion! An amazing short sale opportunity. This spacious 5-bedroom, 2-bath home offers outstanding potential with generous living space and flexibility. The property features a large eat-in kitchen plus a second full kitchen - ideal for multi-generational living, extended guests, or added convenience for entertaining. The

    Jamie Lemmons-Svoboda Keller Williams Preferred Rlty

    8626 S Kingston Ave, Chicago, IL 60617
  • /14

    $190,000

    • 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 Great Lakes Realty Central Inc

    6526 W Irving Park Rd Unit 505, Chicago, IL 60634
  • /20

    $150,000

    • 5 Beds
    • 2 Baths

    1044 W Marquette Rd, Chicago, IL 60621

    Investor's opportunity! This unique property was originally a single-family home and has been converted into a legal 3-unit building, offering excellent income-producing potential. Perfect for investors or owner-occupants looking to generate rental income while building long-term equity. The property offers a great opportunity for value-add improvements, renovation, or portfolio expansion. With

    Ola Sanni Century 21 S.G.R., Inc.

    1044 W Marquette Rd, Chicago, IL 60621
  • /23

    $215,000

    • 4 Beds
    • 2 Baths

    7533 S Dorchester Ave, Chicago, IL 60619

    South Shore Finest Vinyl 2 flat featuring 2 spacious apartments with 2 bedrooms each. The interior was renovated in 2023 with a living room / dining room combo, spacious kitchen and bedrooms. Each unit has individual heat, water heater and electric meter already in place. Newer front and rear porch with fencing in the front and rear yard with minor repairs to rear fence. There is a full basement

    David Johnson Kale Realty

    7533 S Dorchester Ave, Chicago, IL 60619
  • /17

    $195,999

    • 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
  • /24

    $160,000

    • 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

    Megan Stewart Baird & Warner

    6730 S South Shore Dr Unit 501, Chicago, IL 60649
  • /9

    $149,900

    • 3 Beds
    • 1 Bath
    • 1,569 Sq Ft

    8446 S Marshfield Ave, Chicago, IL 60620

    Don't Miss Out!!! This is an excellent opportunity to own a 3 bedroom 1 bathroom home in the Auburn Gresham area in the City of Chicago. The home has a spacious layout, and has a large backyard for entertaining. The property is located near schools, parks, retail, and public transportation.

    Stratos Rounis SR Realty Group Inc.

    8446 S Marshfield Ave, Chicago, IL 60620
  • /25

    $240,000

    • 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
  • /3

    $190,000

    • 4 Beds
    • 2 Baths

    3512 W Polk St, Chicago, IL 60624

    Investor opportunity in the high-demand East Garfield Park neighborhood of Chicago's West Side with strong upside potential. This property is being offered as a lender-approved short sale with the price already established, creating a clear path for acquisition without prolonged negotiation. ARV in the immediate area supports values up to approximately $400,000, making this a compelling candidate

    Elizabeth Wright Elux Real Estate Corporation

    3512 W Polk St, Chicago, IL 60624
  • /14

    $205,000

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft

    4027 W Crystal St Unit 2, Chicago, IL 60651

    Short sale subject to lender approval! Very nice and spacious 2 Bedrms, 2 Bathrms Condo on the second floor. Hardwood floors. Eat-in kitchen with SS appliances, granite countertops and 42 " Cabinets. Good Side Master bedroom with large closet and Master bath with Jacuzzi jets tub. Newer Washer and Dryer in units two years new, Fireplace, and even private deck; Parking Space included. Seller

    Carlos Funes Sky High Real Estate Inc.

    4027 W Crystal St Unit 2, Chicago, IL 60651
  • /8

    $620,000

    • 5 Beds
    • 2 Baths

    2506 N Monticello Ave, Chicago, IL 60647

    Property listed at lender-suggested price. Please note: a burst pipe has caused significant water damage throughout the home. Listing photos reflect the property's condition prior to the damage. Repairs will be needed. Property is being sold as-is.

    Denzel Blocker eXp Realty

    2506 N Monticello Ave, Chicago, IL 60647
  • /15

    $250,000

    • 1 Bed
    • 1 Bath

    1221 N Dearborn St Unit 207N, Chicago, IL 60610

    Rarely available SHORT SALE in the the of heart of GOLD COAST CHICAGO-Stunning and rarely available 1Bedroom 1Bath Duplex plus Den/Home Office in Prime Gold Coast Location!!! Welcome to luxury living in the heart of Chicago's prestigious Gold Coast! This sun-drenched 1 bedroom, 1 bath duplex with den space ideal for an home office. This unit underwent a complete high-end gut rehab in 2017,

    Efty Garba eXp Realty

    1221 N Dearborn St Unit 207N, Chicago, IL 60610
  • /24

    $149,900

    • 2 Beds
    • 2 Baths
    • 1,325 Sq Ft

    2605 S Indiana Ave Unit 402, Chicago, IL 60616

    Best Condo deal in the area! Experience the best of urban living in this impeccably maintained condo at The Stratford at South Commons. Enjoy breathtaking north-facing views of Chicago's downtown skyline from two private balconies, perfect for relaxing or entertaining. This spacious unit features parquet floors throughout, a modern kitchen with appliances, and a generously sized master bedroom

    James Mattz Keller Williams Preferred Rlty

    2605 S Indiana Ave Unit 402, Chicago, IL 60616
  • /11

    $79,900

    • 4 Beds
    • 1.5 Baths
    • 1,670 Sq Ft

    5633 S Sangamon St, Chicago, IL 60621

    Don't Miss Out!!! This is an excellent opportunity to own a 4 bedroom 2 bathroom home in the Englewood area in the City of Chicago. The home is in need of 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.

    5633 S Sangamon St, Chicago, IL 60621
  • /16

    $150,000

    • 4 Beds
    • 2 Baths

    4818 S Princeton Ave, Chicago, IL 60609

    Located in the heart of Chicago, Illinois, this classic multi-family property at 4818 S Princeton Ave offers a prime value-add opportunity for savvy investors. Featuring approximately 4 bedrooms, 2 bathrooms, and over 1,800 sq ft of living space, this property is ready for your vision and renovations. With solid bones and strong rental potential, this is an ideal candidate for a full rehab or

    Sachet White Century 21 IMPACT

    4818 S Princeton Ave, Chicago, IL 60609
  • /8

    $99,000

    • 2 Beds
    • 1 Bath
    • 1,118 Sq Ft

    511 E 88th Place, Chicago, IL 60619

    Don't Miss Out!!! This is an excellent opportunity to own a 2 bedroom 1 bathroom home in the Chatham area in the City of Chicago. The home has a spacious layout, and has a large backyard for entertaining. The property is located near schools, parks, retail, and public transportation.

    Stratos Rounis SR Realty Group Inc.

    511 E 88th Place, Chicago, IL 60619

Home Trends in Chicago, IL

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$340,000
Median Townhouse Sale Price
$600,000
Median 2 Bedroom Sale Price
$420,000
Median 1 Bedroom Sale Price
$260,000
Average Price Per Sq Ft
$307
Number of Homes for Sale
3,090
Last 12 months Home Sales
21,229
Months of Supply
1.70
Median List Price
$379,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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