Chicago, IL Homes for Sale under $200,000

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  /27

  $154,900

  • 3 Beds
  • 1 Bath
  • 903 Sq Ft

  8615 S Aberdeen St, Chicago, IL 60620

  This is one of the best-priced homes in the area. This is a great house with plenty of potential was rehabbed in 2023 and is a 3-bed 1-bath brick house with a finished basement. This home has many great features that will make the buyers want to sign a contract on the spot, so go by and check it out today, and bring your offers in. This property is being sold in "As Is" condition per ownership.

  

  Otis Lazich

  Capital Investment Realty Group Inc

  (773) 985-3758

  8615 S Aberdeen St, Chicago, IL 60620
• Explore Chicago

• 

  

  

  /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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  /16

  $105,000

  • 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
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  /25

  $199,900

  • 4 Beds
  • 2 Baths

  6617 S Vernon Ave, Chicago, IL 60637

  Opportunity is knocking at 6617 S Vernon Avenue! This classic brick 2-unit building features two spacious apartments, each offering 2 bedrooms, 1 bath, a bright living room, and a separate dining room-perfect for flexible living or rental potential. The basement with exterior access offers additional space to expand or create related living quarters. Outside, the expansive rear yard provides

  

  Tamika Marks

  Trademarks & Associates

  (773) 692-9867

  6617 S Vernon Ave, Chicago, IL 60637
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  /25

  $114,000

  • 3 Beds
  • 1 Bath
  • 1,318 Sq Ft

  9222 S Ada St, Chicago, IL 60620

  PRICE REDUCTION! Investor Opportunity Alert! This classic brick bungalow at 9222 S Ada just became an even better deal. Featuring 3 bedrooms, 1 bath, a full unfinished basement, and a walk-up attic, this home offers the kind of space and layout investors love. 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

  

  Tamika Marks

  Trademarks & Associates

  (312) 685-3016

  9222 S Ada St, Chicago, IL 60620
• 

  

  /19

  $189,000

  • 4 Beds
  • 2 Baths

  8220 S Wolcott Ave, Chicago, IL 60620

  Fantastic opportunity in Auburn Gresham! Bring your design ideas to this modestly updated 2-unit property. Well cared for and filled with charming vintage details, the building offers great natural light and excellent curb appeal. The basement includes a small mechanical area only. The spacious backyard is perfect for gardening or outdoor entertaining-add fencing for privacy or convert the space

  

  Laraine Hanson

  Laraine Hanson

  (872) 304-5595

  8220 S Wolcott Ave, Chicago, IL 60620
• 

  

  /23

  $194,000

  • 3 Beds
  • 2 Baths
  • 1,265 Sq Ft

  14237 S Green Bay Ave, Chicago, IL 60633

  Welcome to this charming and well-maintained 3-bedroom, 2-bath Tudor home in the heart of Burnham. This property has been lovingly cared for and is truly move-in ready. The main level features a convenient bedroom and full bath-perfect for guests, related living, or easy one-level living. Upstairs you'll find two additional spacious bedrooms and a second full bath, offering a comfortable and

  

  Michelle McManus

  @properties Christie's International Real Estate

  (872) 314-3394

  14237 S Green Bay Ave, Chicago, IL 60633
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  /26

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,100 Sq Ft

  3950 N Lake Shore Dr Unit 2125, Chicago, IL 60613

  High floor sunny and spacious 2 bedroom 1 bath available for your decorating ideas! Great location with 2 bus stops outside your door and the Sheridan Red Line station down the street. Just across the street is an exceptional park with golf course, tennis courts, baseball fields, picnic and barbecue areas. This well managed building offers many amenities: 24h door staff, security, gym, dry

  

  Helen Sobel

  Baird & Warner

  (312) 467-7765

  3950 N Lake Shore Dr Unit 2125, Chicago, IL 60613
• 

  

  /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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  /54

  $162,000

  • 4 Beds
  • 2.5 Baths
  • 2,046 Sq Ft

  9300 S Vernon Ave, Chicago, IL 60619

  Welcome to this South Side Brick Bungalow that boasts so much space inside. The home has 4 bedrooms, 2.5 baths, and has plenty of potential for the future homeowner here. Bring your ideas to the excellent property. The property will need some work, but it's worth every penny. Property is being sold in "As Is" condition, so bring your notepad and see what items you want to make your own. This

  

  Otis Lazich

  Capital Investment Realty Group Inc

  (312) 548-6207

  9300 S Vernon Ave, Chicago, IL 60619
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  /29

  $147,500

  • 2 Beds
  • 1.5 Baths
  • 1,188 Sq Ft

  1715 E 70th St, Chicago, IL 60649

  Welcome to 1715 E 70th Street, a charming brick/frame 2-story home offering comfort, convenience, and value! This 2-bedroom, 2-bath residence features a comfortable living room, a charming kitchen/dining combo offering an inviting, efficient layout that maximizes space and functionality. The first floor laundry closet makes this one a winner! With no basement, the layout is practical and

  

  Tamika Marks

  Trademarks & Associates

  (773) 825-8955

  1715 E 70th St, Chicago, IL 60649
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  /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
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  /38

  $200,000

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

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

  Welcome to this beautifully maintained 3rd-floor condo featuring 3 spacious bedrooms and 2 full bathrooms. Enjoy the warmth of hardwood floors throughout and an open-concept layout perfect for modern living. The kitchen offers an abundance of counter and cabinet space, along with a central island ideal for cooking and entertaining. The primary suite includes a generous walk-in closet and a

  

  Rafay Qamar

  Real Broker LLC

  (872) 285-8813

  6528 S University Ave Unit 3N, Chicago, IL 60637
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  /14

  $195,000

  • 4 Beds
  • 2 Baths
  • 1,799 Sq Ft

  13331 S Commercial Ave, Chicago, IL 60633

  INVESTORS OR MULTI FAMILY'S.... Right in the heart of Hegewisch, this spacious two-level home features 4 bedrooms 2 baths on an oversized lot!!! Once you walk in you are brought back in time with high ceilings, hardwood floors throughout, a ton of natural light. The 1 bedroom, living room, dining room, kitchen and full bath are all on the main level. To access the second level you will need to

  

  Michelle McManus

  @properties Christie's International Real Estate

  (773) 900-6280

  13331 S Commercial Ave, Chicago, IL 60633
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  /14

  $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

  (312) 766-8360

  7019 N Ridge Blvd Unit 3A, Chicago, IL 60645
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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
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  /27

  $174,000

  • 4 Beds
  • 3 Baths
  • 806 Sq Ft

  9941 S Lowe Ave, Chicago, IL 60628

  

  Miguel Perea

  Open Path Realty

  (872) 241-2023

  9941 S Lowe Ave, Chicago, IL 60628
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  /24

  $199,900

  • 1 Bed
  • 1 Bath
  • 700 Sq Ft

  3930 N Pine Grove Ave Unit 1109, Chicago, IL 60613

  Enjoy the serenely expansive view of the lake, park & harbor from this lovely updated large 1 BDRM condo. Freshly painted and brand new engineered hardwood flooring throughout. The kitchen boasts brand new stainless steel appliances: Refrigerator, stove, and dishwasher, plus new faucet. Large bedroom with great closets, plus loads of other closet space for linens, coats, and pantry items. Very

  

  Erica Cuneen

  Beyond Properties Realty Group

  (773) 245-1077

  3930 N Pine Grove Ave Unit 1109, Chicago, IL 60613
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  /4

  $175,000

  • 6 Beds
  • 2 Baths

  2846 W Flournoy St, Chicago, IL 60612

  Opportunity is knocking in East Garfield Park! This solid brick multifamily building is a total gut rehab ready for your vision. Set on a classic Chicago streetscape, the building offers the perfect canvas to redesign and reconfigure to today's standards-ideal for a value-add investor, seasoned rehabber, or owner-occupant looking to build equity fast. Surrounded by a pocket that's flourishing

  

  Edgar R. Guerrero

  REMAX Legends

  (773) 862-8282

  2846 W Flournoy St, Chicago, IL 60612
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  /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
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  /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
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  /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
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  /5

  $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
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  /14

  $125,000

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

  9231 S Woodlawn Ave, Chicago, IL 60619

  Seize the chance to own this versatile two-unit property, offered as-is. The first floor features 2 spacious bedrooms and is currently rented on a month-to-month basis, offering flexible leasing options. The second floor includes 3 bedrooms and is secured with a lease through 2025, ensuring stable, long-term rental income. Additionally, the partially finished basement presents an opportunity for

  

  Jertheus Butts

  Coldwell Banker Realty

  (312) 779-0574

  9231 S Woodlawn Ave, Chicago, IL 60619
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  /7

  $179,000

  • 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
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  /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
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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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  /16

  $184,999

  • 3 Beds
  • 1 Bath
  • 1,479 Sq Ft

  9406 S Michigan Ave, Chicago, IL 60619

  Lovely 3-bedroom brick Georgian. Located in West Chesterfield near the expressway, grammar school, and high school. Home has a nice large living room. Partially finished basement. The home has a newer direct vent furnace, hot water heater, central air system, and updated circuit breakers. Laundry room in basement with washer and dryer. Nice big backyard for entertaining. Bring your decorating and

  

  Conrad Carpenter

  City & Suburbs Realty, Inc.

  (872) 314-3622

  9406 S Michigan Ave, Chicago, IL 60619
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  /19

  $150,000

  • 7 Beds
  • 2 Baths
  • 2,800 Sq Ft

  7051 S Princeton Ave, Chicago, IL 60621

  Spacious single-family home featuring 7 rooms plus 2 additional rooms in the basement and 2 full bathrooms. All bedrooms are generously sized, offering flexible living space. The property needs some work but has great upside for the right buyer. Large backyard provides plenty of outdoor space. Perfect for investors or homeowners looking to customize and add value. Don't miss this opportunity!

  

  Randy Aucapina

  Smart Home Realty

  (872) 259-9384

  7051 S Princeton Ave, Chicago, IL 60621
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  /15

  $135,000

  • Land
  • 0 Acre

  Unlisted Address

  Developer Opportunity: Eight Connected Parcels on S Racine A rare chance to create a high-impact mixed-use development in Chicago. These eight connected parcels, from 7639 S Racine to 7659 S Racine, are sold together with utilities already in place. Ideal for grocery options, medical clinics, educational centers, affordable housing, senior living, or mixed-use buildings with retail and

  

  Tameka Lewis-Madkins

  Keller Williams Preferred Rlty

  (872) 326-9450

  Unlisted Address
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  /17

  $199,900

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  238 W 31st St Unit 4W, Chicago, IL 60616

  **Motivated Long Time Owner** Investor Goldmine or Perfect First Home. This 3-bedroom condo near IIT and Bridgeport is packed with potential and ready for your personal touch. Whether you're a first-time buyer looking to stop renting or an investor eyeing strong returns, this property checks all the boxes: NO RENT CAP and AIRBNB FRIENDLY Building (Rare Find these days) and unbeatable access to

  

  Mario Zelaya

  eXp Realty

  (312) 561-3445

  238 W 31st St Unit 4W, Chicago, IL 60616
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  /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
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  /17

  $172,000

  • 1 Bath
  • 600 Sq Ft

  5320 N Sheridan Rd Unit 2110, Chicago, IL 60640

  This rare opportunity to own a well-priced condo in the desirable Metropolitan building in Chicago's vibrant Edgewater neighborhood. This cozy unit features a comfortable layout with plenty of natural light, a full bath, ample storage, and a galley kitchen - perfect for first-time buyers, investors, or anyone looking for an affordable city home. Residents enjoy a full suite of amenities including

  

  Cathy Wu

  AiHome Realty Group LLC

  (872) 285-5706

  5320 N Sheridan Rd Unit 2110, Chicago, IL 60640
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  /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
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  /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
• 

  

  /21

  $175,500

  • 3 Beds
  • 2 Baths
  • 1,438 Sq Ft

  Unlisted Address

  Rehabbed in 2018. Roof 2018, Windows, 2018. This well maintained 3 bedroom/2 bath single family home is located in the heart of Chicago's Park Manor neighborhood. Updates include a modern kitchen, bathrooms, and recently updated primary level. The home has been well maintained by the same owner since 1997. Minor updates needed on the second floor, offering the opportunity to customize. Convenient

  

  Rafay Qamar

  Real Broker LLC

  (872) 282-5277

  Unlisted Address
• 

  

  /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
• 

  

  /14

  $114,900

  • 5 Beds
  • 2 Baths

  6812 S Hermitage Ave, Chicago, IL 60636

  The property here is a frame 2 flat with plenty of upswing potential. Bring your TLC ideas to this property and make it your own. Great rental potential and walking distance to school. Location, location, location this is the one set your appointment Today as this one is a must see. Bring all offers and the property is sold in "AS IS" condition. Cash or Rehab Loans.

  

  Otis Lazich

  Capital Investment Realty Group Inc

  (312) 997-5579

  6812 S Hermitage Ave, Chicago, IL 60636
• 

  

  /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
• 

  /2

  $149,000

  • 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

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