Chicago, IL Homes for Sale under $200,000

• 

  

  

  /9

  $120,000

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft

  5555 S Everett Ave Unit E-7, Chicago, IL 60637

  Blend of original architectural details and modern updates with a spacious living room and good size 2 bedrooms and 2 bathrooms with granite countertop kitchen ; broker owned .

  

  Nicolae Cazacu

  Real People Realty

  (872) 324-1442

  5555 S Everett Ave Unit E-7, Chicago, IL 60637
• Explore Chicago

• 

  

  

  /19

  $189,000

  • 4 Beds
  • 2 Baths

  8220 S Wolcott Ave, Chicago, IL 60620

  Fantastic opportunity! Bring your design ideas to this modestly updated 2 unit in Auburn Gresham. Well cared for with vintage touches still in the property. Lots of natural light. Fabulous curb appeal! Basement with small mechanical area only. Spacious backyard ideal for gardening or outdoor entertainment. Add a fence to the yard for extra privacy. Convert the yard to parking. So many options!

  

  Laraine Hanson

  Laraine Hanson

  (872) 304-5595

  8220 S Wolcott Ave, Chicago, IL 60620
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  /18

  $180,000

  • 3 Beds
  • 1 Bath
  • 1,555 Sq Ft

  10868 S Prospect Ave, Chicago, IL 60643

  This diamond in the rough is ready to shine! With 3 bedrooms, one bath, living room and formal dining room on the main level as well as a partially finished attic set on a sprawling 8,000+ sq. ft. lot, this Morgan Park classic bungalow offers incredible space and potential for investors or owner-occupants with vision. Whether you're planning to restore its timeless charm or re-imagine the layout

  

  Tamika Marks

  Trademarks & Associates

  (872) 295-8750

  10868 S Prospect Ave, Chicago, IL 60643
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  /14

  $165,000

  • 1 Bed
  • 1 Bath
  • 850 Sq Ft

  2710 W Summerdale Ave Unit GA, Chicago, IL 60625

  Welcome to this fully updated 1-bedroom, 1-bath home in the heart of Lincoln Square! This unit offers an abundance of natural light and a bright, airy layout. The home features an updated kitchen and bath, fresh flooring and paint, and a move-in ready design perfect for owners or investors alike No rental cap & no tax exemptions on file. Located just steps from Lincoln Avenue, you'll enjoy easy

  

  Sohe Reyes

  Smart Home Realty

  (888) 254-2396

  2710 W Summerdale Ave Unit GA, Chicago, IL 60625
• 

  

  

  /25

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,318 Sq Ft

  9222 S Ada St, Chicago, IL 60620

  Investor Opportunity Alert! This classic brick bungalow at 9222 S Ada is ready for its next transformation. Featuring 3 bedrooms, 1 bath, a full unfinished basement, and a walk-up attic, this home offers plenty of space to reimagine. Some fire damage in the attic means it's not for the faint of heart-but for the creative visionary - it's a golden chance to build instant equity. Bring your

  

  Tamika Marks

  Trademarks & Associates

  (312) 685-3016

  9222 S Ada St, Chicago, IL 60620
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  /16

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,300 Sq Ft

  8607 S Morgan St, Chicago, IL 60620

  This charming 3-bedroom, 1.1-bath home is located in the desirable Auburn Gresham community. Ideal for first-time buyers or investors, the property offers comfort, functionality, and great income potential. It is currently rented for $1,400 per month with a reliable month-to-month tenant who is current on rent, providing immediate cash flow. With the right updates, there is also room to increase

  

  Tameka Lewis-Madkins

  Keller Williams Preferred Rlty

  (872) 327-6672

  8607 S Morgan St, Chicago, IL 60620
• 

  

  /36

  $131,000

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

  9606 S Eggleston Ave, Chicago, IL 60628

  Classic Chicago Ranch in Washington Heights - Allows you to bring your vision while building equity! This timeless brick ranch offers solid bones and a world of potential for the buyer ready to make it shine. Featuring 3 comfortable bedrooms, a spacious living room, and a formal dining room, this home provides a great foundation for modern updates. The main floor includes a full bath, while the

  

  Tamika Marks

  Trademarks & Associates

  (312) 584-8544

  9606 S Eggleston Ave, Chicago, IL 60628
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  /31

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 969 Sq Ft

  9311 S Burnside Ave, Chicago, IL 60619

  Welcome to this cozy 4-bedroom, 2-bath split-level home offering plenty of room for comfortable living! Step inside to find a functional floor plan with a bright living area, a versatile dining space, and a well-sized kitchen ready for your personal touch. The upper and lower levels provide flexibility to be used as bedrooms, a home office, or recreation space-perfect for modern living needs.

  

  Tamika Marks

  Trademarks & Associates

  (773) 754-4844

  9311 S Burnside Ave, Chicago, IL 60619
• 

  

  /19

  $160,000

  • 1 Bed
  • 1 Bath
  • 600 Sq Ft

  4960 N Marine Dr Unit 1214, Chicago, IL 60640

  Welcome to Shoreline Park! This high-floor one-bedroom condo offers AMAZING east-facing views of the lake, park & parking, and is completely move-in ready. The highly desired corner unit features newer luxury vinyl plank floors, fresh paint, rail lighting, a modern bathroom, an updated kitchen with stainless steel appliances, and one secured deeded parking space. The spacious bedroom features

  

  Monica Washington

  Coldwell Banker Real Estate Group

  (312) 728-4106

  4960 N Marine Dr Unit 1214, Chicago, IL 60640
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  /32

  $151,200

  • 7 Beds
  • 3 Baths

  7043 S Yale Ave, Chicago, IL 60621

  Another Price Improvement! The seller can feel you scrolling back to look at this listing again... and again. They've dropped the price, cleared the way, and are just waiting for you to step up and make a move. This solid brick 2-flat delivers 4 bedrooms per unit (8 total) plus a partially finished basement with a half bath - that's space, income potential, and value just waiting to be

  

  Tamika Marks

  Trademarks & Associates

  (312) 313-8205

  7043 S Yale Ave, Chicago, IL 60621
• 

  

  /23

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,350 Sq Ft

  6938 S Dorchester Ave Unit 2, Chicago, IL 60637

  Step into a world of modern elegance and comfort with this stunning 2-bedroom, 2-bathroom condo nestled in the heart of South Shore. This property is an absolute gem for both investors and first-time homebuyers, offering an unbeatable combination of quality, style, and location. As you enter, you'll be greeted by an expansive living area drenched in natural light, showcasing beautiful hardwood

  

  Jerry Goodwin

  Coldwell Banker Realty

  (312) 626-8677

  6938 S Dorchester Ave Unit 2, Chicago, IL 60637
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  /8

  $108,000

  • Land

  4923 S Champlain Ave, Chicago, IL 60615

  Great opportunity to build a new home in one of the most developed location in the City. This lot is on a well developed area in Bronzeville, among single family row homes. This home is among many new and restored homes and is located on a beautiful tree lined street.

  

  Shirley Walker

  Berkshire Hathaway HomeServices Chicago

  (312) 313-6507

  4923 S Champlain Ave, Chicago, IL 60615
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  /2

  $100,000

  • 4 Beds
  • 2 Baths

  6749 S Oakley Ave, Chicago, IL 60636

  As a result of the seller's work schedule, the renovation cannot be completed. It has been cleaned and is ready for a fresh start on a fantastic block. The buyer is responsible for due diligence on the couch house in the rear. This property is being sold "as is".

  

  Ron Lewis

  Re/Max Cityview

  (312) 940-3133

  6749 S Oakley Ave, Chicago, IL 60636
• 

  

  /22

  $180,000

  • 4 Beds
  • 2.5 Baths
  • 2,108 Sq Ft

  7526 S Merrill Ave, Chicago, IL 60649

  Welcome to this spacious 4 bedroom, 2.5-bathroom home located in the heart of Chicago's vibrant South Shore community-just minutes from Lake Shore Drive and the lakefront! This charming residence features a spacious floor plan, some hardwood floors, a full basement with potential to add a fifth bedroom or entertainment space, and a large backyard with room to build a two-car garage. Whether

  

  LaToya Moore

  Baird & Warner

  (872) 324-1361

  7526 S Merrill Ave, Chicago, IL 60649
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  /31

  $150,000

  • 3 Beds
  • 2 Baths

  13303 S Brandon Ave, Chicago, IL 60633

  Excellent investment property in Hegewisch! AS IS! This mixed-use building offers a storefront on the main level and a 3-bedroom apartment upstairs, providing multiple income streams. The storefront is ideal for retail or office use, while the residential unit offers generous living space with strong rental potential. Detached garage, oversized lot, and prime location near schools, parks,

  

  Veronica Luna

  Realty of America, LLC

  (312) 818-3080

  13303 S Brandon Ave, Chicago, IL 60633
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  /20

  $189,000

  • 3 Beds
  • 1.5 Baths
  • 3,125 Sq Ft

  7401 S Blackstone Ave, Chicago, IL 60619

  Welcome to 7401 S Blackstone Ave! This charming corner home offers 3 bedrooms and 1.5 bathrooms, perfect for comfortable family living. Enjoy a bright and inviting living area that flows into a cozy dining space and an updated kitchen. The finished basement provides additional living or entertaining space and includes a convenient half bathroom. Outside, you'll love the huge backyard-ideal for

  

  Maricela Wilson

  Smart Home Realty

  (872) 316-7213

  7401 S Blackstone Ave, Chicago, IL 60619
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  /45

  $180,000

  • 4 Beds
  • 2.5 Baths
  • 1,437 Sq Ft

  7611 S Aberdeen St, Chicago, IL 60620

  This home presents an incredible opportunity for those with a vision! Featuring 4 bedrooms and 2.5 bathrooms, it offers a spacious layout and solid bones, just waiting for the right touch. In need of renovations, this property is perfect for buyers looking to customize and design a home that suits their personal style. Whether you're an investor or a homeowner ready to take on a project, this is

  

  Rafay Qamar

  Real Broker LLC

  (312) 548-1241

  7611 S Aberdeen St, Chicago, IL 60620
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  /7

  $149,900

  • Land
  • 0 Acre

  931 N Lawndale Ave, Chicago, IL 60651

  Prime Chicagoland Opportunity in a high and independent part of West Humboldt Park- Ideal for Residential Development Nestled in a highly desirable Chicago neighborhood, these exceptional parcel offers endless potential for residential development - perfectly low-density and single-family homes. The property offered are 2 adjacent parcels purchase together or individually. The lot measures 50 x

  

  Edgar R. Guerrero

  REMAX Legends

  (312) 680-9136

  931 N Lawndale Ave, Chicago, IL 60651
• 

  

  /5

  $155,000

  • 1 Bed
  • 1 Bath
  • 700 Sq Ft

  3043 N Laramie Ave Unit 2, Chicago, IL 60641

  Investor Alert! Bright 1Bed/1Bath condo in the heart of Belmont Cragin. Features include hardwood floors, in-unit washer/dryer, and great natural light. Prime city location with easy access to transportation, shopping, and dining. Rentals allowed - ideal turnkey opportunity for investors or cash buyers looking for strong rental demand and low maintenance living. Don't miss this one!

  

  Byron DeLeon Garcia

  Coldwell Banker Realty

  (872) 274-3628

  3043 N Laramie Ave Unit 2, Chicago, IL 60641
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  /11

  $145,000

  • 1 Bed
  • 1 Bath

  7019 N Ridge Blvd Unit 3A, Chicago, IL 60645

  Welcome to this sunny, top-floor, one-bedroom end unit featuring a spacious living room with two walls of giant windows with tree-top and courtyard views, hardwood floors throughout, and a bright kitchen with maple cabinets adjacent to the L-shaped dining area. Enjoy generous closet space and a back deck. Additional amenities include coin laundry and a storage locker in the basement, plus

  

  Katrina de los Reyes

  Berkshire Hathaway HomeServices Chicago

  (773) 923-2058

  7019 N Ridge Blvd Unit 3A, Chicago, IL 60645
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  /4

  $189,900

  • 5 Beds
  • 2 Baths

  712 W Marquette Rd, Chicago, IL 60621

  Discover a remarkable brick two-unit property with an outstanding investment opportunity and a potential living space for your family, friends, or tenants to enhance your monthly cash flow. With carefully planned renovations, this hidden gem has significant potential for appreciation in value. The property currently features long-term tenants benefiting from significantly below-market rents and

  

  Milton Payton

  RE/MAX 10

  (312) 697-1961

  712 W Marquette Rd, Chicago, IL 60621
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  /7

  $175,000

  • 6 Beds
  • 3 Baths

  11365 S Forest Ave, Chicago, IL 60628

  Investor Special! this two-flat in the desirable Chesterfield neighborhood of Roseland is a must see. Each unit offers 3 generously sized bedrooms with hardwood floors and original woodwork that adds timeless charm to the living spaces. Unit 1 offers the potential to duplex down into the basement. Unit 2 can be expanded in the attic which would be ideal for increasing the living space and

  

  Jennifer Upshaw

  L. Upshaw Realty

  (773) 786-9462

  11365 S Forest Ave, Chicago, IL 60628
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  /20

  $180,000

  • 2 Beds
  • 2 Baths

  1401 E 55th St Unit 815N, Chicago, IL 60615

  It is a bright and spacious 2-bedroom, 2-bathroom condo in a full-amenity building located in the heart of Hyde Park. Generously Sized Layout - Open and functional floor plan with excellent natural light. Two Full Bathrooms - Ideal for roommates, families, or guests. Laminated Wood Flooring throughout the unit. Ample Closet Space - Storage throughout including large bedroom closets. Elevator

  

  Cathy Wu

  AiHome Realty Group LLC

  (312) 728-7065

  1401 E 55th St Unit 815N, Chicago, IL 60615
• 

  

  /13

  $110,000

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  1140 W Lunt Ave Unit 1B, Chicago, IL 60626

  Welcome to a 900 sq ft two-bedroom, one-bathroom CO-OP offering unrivaled lakefront living. First floor unit with easy accessibility. CO-OP monthly fee includes all utilities and property taxes in its assessment, providing worry-free living. The expansive open living space is flooded with natural light, creating a warm and inviting atmosphere. Good size bedrooms and kitchen. All in a close-knit

  

  Melissa Stanley

  Baird & Warner

  (312) 584-2628

  1140 W Lunt Ave Unit 1B, Chicago, IL 60626
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  /49

  $165,000

  • 4 Beds
  • 2 Baths

  5042 S Laflin St, Chicago, IL 60609

  Discover an incredible investment opportunity in the heart of New City, Chicago with this classic 2-flat, perfect for both owner-occupants and savvy investors. Each spacious unit features 2 generously sized bedrooms and 1 full bathroom, offering comfortable living with great natural light and functional layouts. Whether you're looking to live in one unit and rent out the other, or add a solid

  

  Rafay Qamar

  Real Broker LLC

  (872) 282-0930

  5042 S Laflin St, Chicago, IL 60609
• 

  

  /7

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,125 Sq Ft

  8025 S Loomis Blvd, Chicago, IL 60620

  Calling all investors! This well-kept 3-bedroom, 1-bath raised ranch brick home is ready for your finishing touches. Located on a quiet block, this property offers great potential and long-term value. Please note that the home is being sold with the current tenant in place, and the tenant is not currently paying rent. Additionally, the garage was damaged in a fire. This is a drive-by-only

  

  Tameka Lewis-Madkins

  Keller Williams Preferred Rlty

  (872) 326-4980

  8025 S Loomis Blvd, Chicago, IL 60620
• 

  

  /24

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,110 Sq Ft

  5050 S East End Ave Unit 4B, Chicago, IL 60615

  This is an AMAZING price for a FULLY RENOVATED mid-century unit in the heart of East Hyde Park, just steps from the lake within easy reach of the University of Chicago and its hospitals as well as the shopping, restaurants and all the fun to be had in Hyde Park. The story is that Mies van der Rohe designed the Chippewa Co-op building which is perched beside Harold Washington Park and overlooking

  

  Margie Smigel

  The Margie Smigel Group, LLC

  (872) 248-5397

  5050 S East End Ave Unit 4B, Chicago, IL 60615
• 

  

  /21

  $175,000

  • Land
  • 0 Acre

  5755 S Calumet Ave, Chicago, IL 60637

  Prime development opportunity in one of Chicago's fastest-appreciating neighborhoods, this oversized 12,068 SF corner parcel offers rare scale, prime positioning, and optimal RM-5 zoning that allows for a wide range of residential uses. Its premier corner location provides outstanding visibility, natural light, and design flexibility. Uniquely wide, the lot offers over 67 feet of frontage on

  

  Cyrus Seraj

  Compass

  (312) 728-8102

  5755 S Calumet Ave, Chicago, IL 60637
• 

  

  /25

  $142,000

  • Studio
  • 1 Bath
  • 550 Sq Ft

  655 W Irving Park Rd Unit 3509, Chicago, IL 60613

  Welcome to this stunning 35th-floor studio condo offering breathtaking views of the city skyline and Lake Michigan. This beautifully updated unit features gleaming wood laminate floors and large windows that fill the space with natural light. The modern kitchen includes tile flooring, a newer backsplash, and stainless steel appliances, all open to the main living area for a spacious and

  

  Rafay Qamar

  Real Broker LLC

  (312) 626-6462

  655 W Irving Park Rd Unit 3509, Chicago, IL 60613
• 

  

  /10

  $150,000

  • 2 Beds
  • 2.5 Baths
  • 1,353 Sq Ft

  2605 E Martha Place, Chicago, IL 60633

  Welcome to 2605 E Martha Place-a spacious and inviting home designed for both comfort and convenience. The eat-in kitchen seamlessly flows into the dining room and cozy living area, which opens to a private, fenced patio-perfect for entertaining or relaxing in privacy. The main level also features a convenient half-bath. Upstairs, you'll find two generously sized bedrooms, each with its own

  

  Trudy Holmes

  EXIT True Design Realty LLC

  (312) 663-7218

  2605 E Martha Place, Chicago, IL 60633
• 

  

  /7

  $199,900

  • Land
  • 0.6 Acre
  • $333,167 per Acre

  3101 W 87th St, Chicago, IL 60805

  Prime Commercial Land for Sale in Evergreen Park, IL. Discover an exceptional opportunity to acquire a strategically located, 0.6 acre parcel of commercially zoned land in the heart of Evergreen Park IL. This versatile lot offers immense potential for various business ventures, making it an ideal investment for developers, entrepreneurs or businesses looking to expand. This lot consists of 5

  

  Andrew Dorazio

  Dorazio Real Estate LLC

  (464) 733-2377

  3101 W 87th St, Chicago, IL 60805
• 

  

  /18

  $115,000

  • 3 Beds
  • 2 Baths
  • 1,500 Sq Ft

  9761 S Ingleside Ave, Chicago, IL 60628

  Attention investors! Blank Canvas of a home is awaiting a seasoned flipper to enjoy the fruits of their labor. This home is gutted down to the studs for you ease of renovation and resale. The house is currently laid out as a 2+1 Bedroom 2 full bath home with a 1 car garage. All brick exterior. THIS HOME IS SOLD HOW IT IS, WHERE IT IS ETC. The owner will NOT do any modifications to satisfy the

  

  Mithil Patel

  HomeSmart Realty Group

  (872) 259-9664

  9761 S Ingleside Ave, Chicago, IL 60628
• 

  

  /15

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  10102 S La Salle St, Chicago, IL 60628

  Welcome to this classic Bungelow located in the heart of Roseland! Nested on a quiet tree-lined street, this is a commuters dream with easy access to Hwy 57 and 94. Just minutes from downtown Chicago. Featuring 3 bedrooms and 1 bathroom, plus a full basement to spread out. Two car garage with a built in awning, perfect for your next BBQ! Steps to public transit and Fernwood Park. Schedule your

  

  Darren Allen

  Real Broker LLC

  (773) 537-4598

  10102 S La Salle St, Chicago, IL 60628
• 

  

  /3

  $100,000

  • Land
  • 0 Acre

  9118 S Cregier Ave, Chicago, IL 60617

  Very rare oversized lot in the desired Pill Hill Neighborhood! Over 12,000 sq. ft. with tons of opportunity and potential. Bring your ideas and view today!

  

  Stephen Taylor

  HomeSmart Realty Group

  (312) 477-2040

  9118 S Cregier Ave, Chicago, IL 60617
• 

  

  /6

  $119,900

  • Land
  • 0.28 Acre
  • $428,214 per Acre

  3942 W Gladys Ave, Chicago, IL 60624

  Excellent Development Opportunity - Zoned RM-5 according to City of Chicago zoning. Incredible frontage location on Pulaski and Gladys. 4 contiguous lots 25 wide each. Appx 124 X 100 total lot size. Ideal use may be commercial building or strip mall but zoned high density residential. Located on busy Pulaski St. 1 block away from 290. Investor can profit from developing and building cashflow.

  

  Edgar R. Guerrero

  REMAX Legends

  (773) 729-6722

  3942 W Gladys Ave, Chicago, IL 60624
• 

  

  /10

  $150,000

  • 2 Beds
  • 1.5 Baths

  109 E 37th Place, Chicago, IL 60653

  Attention investors! This 2-bedroom, 1-bathroom townhome in the heart of Bronzeville is an income-producing asset with a tenant already in place, leased at $1,500/month until the end of March, 2026. Enjoy a steady cash flow from day one without the hassle of securing a renter. Located just blocks from Illinois Institute of Technology (IIT), Guaranteed Rate Field (White Sox Stadium), and

  

  Nadiia Glavin

  Keller Williams ONEChicago

  (773) 823-0896

  109 E 37th Place, Chicago, IL 60653
• 

  

  /24

  $181,000

  • 2 Beds
  • 1 Bath
  • 927 Sq Ft

  6457 N California Ave Unit 3, Chicago, IL 60645

  For sale - Bright and charming top-floor 5-room condo in the heart of West Ridge, one of Chicago's most peaceful and culturally diverse neighborhoods. This sunny unit features a smart and spacious layout with a modern eat-in kitchen, granite countertops, island, stainless steel appliances, and a dishwasher. Hardwood floors run throughout, and you'll enjoy the comfort of individual air

  

  Yevhen Hurtovyi

  Realta Real Estate

  (312) 516-4395

  6457 N California Ave Unit 3, Chicago, IL 60645
• 

  

  /7

  $184,900

  • 6 Beds
  • 2 Baths

  537 W 61st Place, Chicago, IL 60621

  GREAT INVESTMENT OPPORTUNITY. FIRST FLOOR VACANT. upstairs unit rented for 1,000 looking to rent first floor unit for $1,450 3 bedrooms and a full bath on each unit. Basement is perfect for expanding great potential. Exterior has front porch. Property Sold AS IS!! SCHEDULE YOUR SHOWING

  

  Maricela Wilson

  Smart Home Realty

  (312) 948-9641

  537 W 61st Place, Chicago, IL 60621
• 

  /2

  $154,000

  • 4 Beds
  • 1 Bath
  • 880 Sq Ft

  11808 S Union Ave, Chicago, IL 60628

  4 bedroom 1 bath home in the West Pullman neighborhood. Freshly painted home with beautiful hardwood floors in the living room. 2 bedrooms and a full bath on the main level. kitchen with new cabinetry and white backsplash. full unfinished basement with laundry hookup. Huge fenced in backyard. Perfect for entertaining your summers get togethers. A few items are still getting repaired on the house.

  

  Maricela Wilson

  Smart Home Realty

  (312) 635-5785

  11808 S Union Ave, Chicago, IL 60628
• 

  

  /10

  $195,000

  • 5 Beds
  • 2 Baths

  8533 S Muskegon Ave, Chicago, IL 60617

  Solid 2 unit building with good structure, live in one and rent the other. Possibility to convert second floor unit to duplex. Newer copper/PVC plumbing, and upgraded gas meters. Reliable and quiet tenant upstairs. Dry basement with ample space for storage. No garage but plenty of space for parking in back.

  

  Tony Salas

  Baird & Warner

  (872) 309-3403

  8533 S Muskegon Ave, Chicago, IL 60617

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