Chicago, IL Homes for Sale under $200,000

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  /38

  $160,000

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

  3144 W 40th St, Chicago, IL 60632

  Room to Grow in Brighton Park - Value-Add Potential! Bring your vision to this spacious 4-bedroom, 2-bath home in the heart of Brighton Park. Featuring a full basement with exterior access and a 2-car garage, this property offers strong fundamentals and plenty of room for transformation. With updates and improvements, it has the potential to deliver excellent returns-whether you're planning a

  

  Tamika Marks

  Trademarks & Associates

  (312) 313-0931

  3144 W 40th St, Chicago, IL 60632
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  Explore Chicago

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  /28

  $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
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  /15

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,060 Sq Ft

  10240 S Torrence Ave, Chicago, IL 60617

  **Opportunity Knocks in South Deering!** Discover the potential in this solid brick 4-bedroom, 2-bath home. The home features 3 bedrooms and 1 bath on the main level and a partially finished basement with additional living space, the 4th bedroom, and a second bathroom-perfect for guests, a home office, or recreation. With good bones and room for personalized updates, this home is ideal for

  

  Tamika Marks

  Trademarks & Associates

  (312) 598-1579

  10240 S Torrence Ave, Chicago, IL 60617
• 

  

  

  /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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  /9

  $140,000

  • 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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  /45

  $180,000

  • 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

  (773) 207-6848

  9300 S Vernon Ave, Chicago, IL 60619
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  /2

  $160,000

  • 4 Beds
  • 1 Bath
  • 1,856 Sq Ft

  8254 S Morgan St, Chicago, IL 60620

  DON'T MISS THIS GREAT OPPORTUNITY! Home in good condition, move-in-ready. Home is being SOLD AS-IS./cosmetic repairs are needed. 4 bedrooms 1 bath. High ceilings - spacious rooms and a unique design that has many possibilities. Large basement that runs the length of the house. Newer Furnace, Water Heater and Roof

  Vivian Sanders

  Vivian Sanders

  (872) 274-2166

  8254 S Morgan St, Chicago, IL 60620
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  /17

  $115,000

  • 1 Bed
  • 1 Bath
  • 700 Sq Ft

  6927 W 64th Place Unit 2E, Chicago, IL 60638

  Investor-friendly! Rentals allowed! Why rent when you can own this incredibly affordable one-bedroom condo in Chicago! This condo offers unbeatable value with HOA fees of only $275.15 per month. HOA covers essential services including heat, water, common insurance, exterior maintenance, lawn care, scavenger service, and snow removal. Additionally, real estate taxes are remarkably low without

  

  Paulina Bachleda-Kubanska

  Re/Max Millennium

  (773) 985-8767

  6927 W 64th Place Unit 2E, Chicago, IL 60638
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  /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 Guerrero

  REMAX Legends

  (773) 729-6722

  3942 W Gladys Ave, Chicago, IL 60624
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  /19

  $172,500

  • 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, parking, and is completely move-in ready. The unit features newer luxury vinyl plank floors, fresh paint, rail lighting, a modern bathroom, and an updated kitchen with stainless steel appliances. The spacious bedroom features plenty of closet space, and you'll also appreciate the sizable

  

  Monica Washington

  Coldwell Banker Real Estate Group

  (312) 728-4106

  4960 N Marine Dr Unit 1214, Chicago, IL 60640
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  /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
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  /14

  $175,000

  • 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

  

  Sohe Reyes

  Smart Home Realty

  (773) 649-9762

  2710 W Summerdale Ave Unit GA, Chicago, IL 60625
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  /21

  $200,000

  • 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

  (773) 694-4675

  5755 S Calumet Ave, Chicago, IL 60637
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  /25

  $194,500

  • 2 Beds
  • 2 Baths
  • 1,056 Sq Ft

  9215 S Green St, Chicago, IL 60620

  Welcome to this solid brick home perfectly situated near all major public transit and just minutes from I-90/94, making commuting around Chicago super easy. Step inside to find updated flooring throughout the main level that creates a fresh, modern feel. This home has upgraded the mechanicals, featuring a brand-new furnace, hot water heater, and central air conditioner. A professionally

  

  Kelli Coleman

  Coldwell Banker Realty

  (312) 847-4939

  9215 S Green St, Chicago, IL 60620
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  /7

  $189,900

  • 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
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  /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

  

  Maricela Wilson

  Smart Home Realty

  (312) 635-5785

  11808 S Union Ave, Chicago, IL 60628
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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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  /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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  /24

  $120,000

  • 2 Beds
  • 2 Baths
  • 839 Sq Ft

  3808 W Washington Blvd Unit E1, Chicago, IL 60624

  Bright and updated 2-bedroom, 2-bath end-unit on the sunny 2nd floor in East Garfield Park-right across from the park! Enjoy an spacious layout with hardwood floors throughout, large windows with south and west exposure, along with a rear deck for outdoor enjoyment. The open kitchen features granite countertops and breakfast bar with black/stainless appliances, including a dishwasher. The primary

  

  Martin Medenica

  Martin Medenica

  (872) 281-8964

  3808 W Washington Blvd Unit E1, Chicago, IL 60624
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  /12

  $165,000

  • 1 Bed
  • 1.5 Baths
  • 970 Sq Ft

  6942 S Bell Ave, Chicago, IL 60636

  This charming property features a spacious living area, an updated kitchen, and a large backyard ideal for entertaining or relaxing. With its classic brick exterior and inviting front porch, this home offers both character and comfort. Located near schools, parks, and public transportation, this home provides easy access to downtown Chicago and surrounding areas. Short Sale being sold as is.

  

  Arianne Kendrick

  Coldwell Banker Realty

  (312) 345-5462

  6942 S Bell Ave, Chicago, IL 60636
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  /33

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,432 Sq Ft

  8548 S Aberdeen St, Chicago, IL 60620

  Welcome to this inviting 3-bedroom, 1 bath home, where comfort and style come together beautifully. The hardwood floors throughout add warmth and charm, while the spacious living room provides the perfect space to unwind or entertain. The separate dining room offers a fantastic setting for meals with family and friends. Outside, you'll find a generous yard ideal for gatherings, and a 2-car

  

  Rafay Qamar

  Real Broker LLC

  (872) 275-3862

  8548 S Aberdeen St, Chicago, IL 60620
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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

  $101,000

  • 4 Beds
  • 2 Baths
  • 2,489 Sq Ft

  7936 S Laflin St, Chicago, IL 60620

  A Stately Oversized Brick Bungalow that checks the boxes - Space, Character & Location! Welcome to this impressive Auburn Gresham bungalow offering over 2,400 square feet of living space on an oversized lot! This classic brick beauty features a coveted side drive with plenty of room to add a 2-car garage, a fenced yard, and a charming concrete patio-perfect for entertaining or enjoying a

  

  Tamika Marks

  Trademarks & Associates

  (312) 554-3866

  7936 S Laflin St, Chicago, IL 60620
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  /35

  $175,000

  • 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

  

  O'Neia Washington

  O W Auction Group LLC

  (773) 974-8432

  7930 S Luella Ave, Chicago, IL 60617
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  /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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  /25

  $178,000

  • 7 Beds
  • 4 Baths

  8153 S Sangamon St, Chicago, IL 60620

  This Spacious 2-Flat has Endless Possibilities - Over 3,000 SF of Living Space! Looking for a property with room to grow? This classic brick 2-unit offers over 3,000 square feet of living space total and plenty of options for multi-generational living, rental income, or creative use! Each unit features 3 generously sized bedrooms, 1 full bath, a bright living room, a formal dining room, and an

  

  Tamika Marks

  Trademarks & Associates

  (312) 900-8173

  8153 S Sangamon St, Chicago, IL 60620
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  /4

  $199,900

  • Land
  • 0 Acre

  3311 N Ozark Ave, Chicago, IL 60634

  Looking for the perfect spot to build your new home? This 30x125 lot features convenient alley access. The adjacent property is currently in the Private Listing Network and will be coming to market soon. Multiple offers received, best/final by 9/18/2025 5 pm.

  

  Dawn Larsen

  Baird & Warner

  (872) 713-6951

  3311 N Ozark Ave, Chicago, IL 60634
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  /18

  $125,000

  • 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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  /2

  $150,000

  • 4 Beds
  • 1.5 Baths
  • 1,600 Sq Ft

  645 N Long Ave, Chicago, IL 60644

  Get a head start with this renovation project. The exterior has been completed for you...new roof and new siding, The interior has a working furnace and water tank. 4 bedrooms 2 baths, High ceilings, ample space, enclosed front and back porches. CASH OR RENOVATION LOANS.

  

  O'Neia Washington

  O W Auction Group LLC

  (872) 282-5379

  645 N Long Ave, Chicago, IL 60644
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  /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
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  /33

  $180,000

  • 1 Bed
  • 1 Bath
  • 850 Sq Ft

  6171 N Sheridan Rd Unit 2809, Chicago, IL 60660

  Rare opportunity to own a penthouse unit in Edgewater featuring unobstructed lake, city, and park views! This unit is flooded with natural light and is located just steps to the lake, go right outside to watch the sunrise over the lake while enjoying the peaceful sounds of the lake. This one bedroom one bath unit features a modern custom open kitchen w/ custom finishes including 3" hammered

  

  Jim Streff

  Berkshire Hathaway HomeServices Chicago

  (773) 906-4255

  6171 N Sheridan Rd Unit 2809, Chicago, IL 60660
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  /17

  $175,000

  • 7 Beds
  • 3 Baths

  6716 S Indiana Ave, Chicago, IL 60637

  Investor Opportunity - 2-Unit Building with Duplex-Down Layout Don't miss this excellent opportunity to own a partially renovated 2-unit building with strong rental or resale potential. Some work has already been started, and now it's ready for the right buyer to complete the vision. The first-floor unit is a spacious duplex-down, featuring four bedrooms and two full bathrooms. The main level

  

  Kristen Roussev

  Village Realty, Inc.

  (312) 584-9396

  6716 S Indiana Ave, Chicago, IL 60637
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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
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  /25

  $169,999

  • 2 Beds
  • 2 Baths

  1450 E 55th Place Unit 317S, Chicago, IL 60637

  Step into this sun filled 2-bedroom, 2-bath condo located in the vibrant Hyde Park neighborhood. Bright and airy, the open layout is filled with natural sunlight, offering a comfortable and welcoming living space. Featuring a large living room with ample space for a dining area. The kitchen includes brand new vinyl plank flooring, newly painted cabinets. The primary bedroom includes generous

  Ledio Samarxhiu Real Broker LLC

  1450 E 55th Place Unit 317S, Chicago, IL 60637
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  /16

  $165,000

  • Studio
  • 1 Bath
  • 544 Sq Ft

  420 W Aldine Ave Unit 406, Chicago, IL 60657

  Come see this charming studio condo in the heart of Lake View East. The spacious layout easily accommodates separate bedroom, dining, and living areas. You'll find ample storage space thanks to the multiple large closets throughout. Enjoy the prime location within proximity to lush green spaces, grocery stores, enticing dining options, and fitness centers. The convenience of nearby bus routes and

  Brian Somera Coldwell Banker Realty

  420 W Aldine Ave Unit 406, Chicago, IL 60657
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  /27

  $185,000

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  3524 N Lawndale Ave Unit 1, Chicago, IL 60618

  Financing fell through. Investors welcome! Vibrant Avondale neighborhood high first floor 2 bed/1 bath condo in charming vintage building . This unit is totally move-in ready, offers a lot of natural light, radiant heat and features newer high-end vinyl tile throughout the whole unit, newer windows and recently updated bathroom. Large bedrooms, living room, and separate dining room. Plenty of

  Niki Syllantavos Redfin Corporation

  3524 N Lawndale Ave Unit 1, Chicago, IL 60618
• 

  

  /21

  $165,000

  • 2 Beds
  • 1 Bath

  4416 N Harding Ave Unit 3, Chicago, IL 60625

  Bright and sunny 2 bed, 1 bath garden unit featuring a spacious living and dining room combo filled with natural light. The kitchen includes plenty of cabinet space for storage. The primary bedroom offers mirrored closet doors, and the updated bathroom boasts a tiled walk-in shower. Enjoy the convenience of an assigned exterior parking space and a main-level storage locker. Recent updates include

  Ashour Rehana Redfin Corporation

  4416 N Harding Ave Unit 3, Chicago, IL 60625
• 

  

  /23

  $179,000

  • 1 Bed
  • 1 Bath
  • 800 Sq Ft

  6301 N Sheridan Rd Unit 11D, Chicago, IL 60660

  Experience luxury living with breathtaking lake views in this fully remodeled 2025 home! The open-concept kitchen and living room have an abundance of natural light, offering stunning waterfront scenery. The designer kitchen is a chef's dream, featuring quartz countertops, a marble backsplash, a spacious island with bar seating, high-quality soft-close wooden cabinets with a lazy Susan, and

  Sarah Leonard Legacy Properties, A Sarah Leonard Company, LLC

  6301 N Sheridan Rd Unit 11D, Chicago, IL 60660
• 

  

  /26

  $149,900

  • 1 Bed
  • 1 Bath
  • 800 Sq Ft

  4800 S Chicago Beach Dr Unit 2405-S, Chicago, IL 60615

  Welcome home to this beautiful 1 bedroom condo. This bright and spacious unit has beautiful views, an updated kitchen with double doors that open up to the dining area, stainless steel appliances, and cozy bedroom carpeting. Offering an unbeatable location directly adjacent to Chicago's stunning lakefront and popular bike path. Experience resort-style living with impressive building amenities,

  Minnie Witherspoon Century 21 S.G.R., Inc.

  4800 S Chicago Beach Dr Unit 2405-S, Chicago, IL 60615
• 

  

  /25

  $145,000

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

  4337 S Prairie Ave Unit G, Chicago, IL 60653

  Why rent when you can own this spacious 2 Bedroom, 2 Bath Bronzeville condo? Updated, ready move in condition with in unit laundry and parking!! Kitchen offers plenty of cabinet space, all stainless steel appliances and granite counter tops. Minutes from Hyde Park and Downtown. Ideal location with easy access to the Green line and CTA.

  Rosa Sanchez-Fryer @properties Christie's International Real Estate

  4337 S Prairie Ave Unit G, Chicago, IL 60653

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