Chicago, IL Homes for Sale under $200,000

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  /12

  $132,000

  • Studio
  • 1 Bath
  • 600 Sq Ft

  40 E 9th St Unit 512, Chicago, IL 60605

  Spacious, sunny, and clean studio with plenty of closet space. Located in a beautiful full-amenity building featuring a 24-hour doorman, rooftop deck with hot tub, fitness room, convenience store/deli, valet cleaners, and more. Close to the lake, parks, CTA, and the Loop. Parking available!

  Fabio Brancati @properties Christies International Real Estate

  40 E 9th St Unit 512, Chicago, IL 60605
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  /11

  $150,000

  • 3 Beds
  • 2 Baths
  • 966 Sq Ft

  1208 W 51st St, Chicago, IL 60609

  This is single family for investors. Offers 3 bedrooms and 2 baths, needs some updating. Full unfinished basement- Close to shopping and I-94- tenant in place on month to month and love to stay. Don't wait before it's gone!!! Make an offer today. Showings need at least 24 hour notice.

  Rogelio Morales Su Familia Real Estate Inc

  1208 W 51st St, Chicago, IL 60609
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  /10

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,800 Sq Ft

  10515 S Perry Ave, Chicago, IL 60628

  Large single family home with lots of potential. Perfect for owner occupants or rental income. Huge primary bedroom and bathroom take up the entire second floor. Finished basement with extra bedrooms and living area. Extra space on the rear enclosed porch. Newer furnace and hot water tank.

  Joseph Konney Top Care Realty LLC

  10515 S Perry Ave, Chicago, IL 60628
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  /3

  $119,999

  • 5 Beds
  • 2 Baths

  738 W 87th St, Chicago, IL 60620

  Whether you're a buyer using a FHA (Federal Housing Administration) 203(k) loan or an investor searching for your next value-add property, this home offers opportunity. Features: Functional layout ready for updates, Strong ARV potential, Room for modernization and equity growth With the right vision, this property can be transformed into a beautiful primary residence or a profitable investment.

  Irene Perez Coldwell Banker Realty

  738 W 87th St, Chicago, IL 60620
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  /12

  $115,000

  • Land
  • 0.2 Acre
  • $575,000 per Acre

  1756 W 48th St, Chicago, IL 60609

  2 lots situated on a corner in the heart of Back Of The Yards. Sold together. Fenced. Buildable. Lot dimension is the combination of both lots. 2 PINS. Taxes are the combination of both lots from 2024. 1758 W 48th St is included.

  Jesse Dabson Key Realty - Rockford

  1756 W 48th St, Chicago, IL 60609
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  /18

  $159,995

  • 3 Beds
  • 2.5 Baths
  • 1,717 Sq Ft

  32 W 109th Place, Chicago, IL 60628

  A charming and spacious 3-bedroom, 2.5-bathroom home now on the market! As you step inside, you're welcomed by a cozy enclosed porch leading into a generously sized living room, perfect for hosting gatherings. Adjacent, the separate dining room awaits family dinners, while the kitchen boasts stainless steel appliances and a chic backsplash, ready for your culinary adventures. Upstairs, the

  Usman Taj Baird & Warner

  32 W 109th Place, Chicago, IL 60628
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  /15

  $174,999

  • 4 Beds
  • 1 Bath
  • 1,250 Sq Ft

  8011 S Ada St, Chicago, IL 60620

  Charming 4 bed / 1 bath brick bungalow located on a quiet, tree-lined block. This well-maintained home features a spacious dining room, perfect for gatherings, and a detached 2-car garage. Currently tenant-occupied and generating $1,750/month in rental income, this property offers immediate cash flow-ideal for investors or future homeowners alike. Don't miss this solid opportunity in a peaceful

  Latrease Davenport PIP Realty Group

  8011 S Ada St, Chicago, IL 60620
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  /5

  $150,000

  • Land
  • 0 Acre

  1453 E 65th Place, Chicago, IL 60637

  Terrific land opportunity in the East Woodlawn neighborhood. Prime (4,374 sqft) corner location in an area that is rapidly developing. Zoned RM-5 for residential use, this site is perfect for a multi-unit development (see example rendering). Ideal location near Jackson Park, the lakefront, and the Obama Presidential Center. Surrounded by new construction-this is your chance to be part of the

  Owen Duffy Fulton Grace Realty

  1453 E 65th Place, Chicago, IL 60637
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  /2

  $150,000

  • Land
  • 0 Acre

  3334 W Warren Blvd, Chicago, IL 60624

  Hard to find OVERSIZED lot in East Garfiled Park. RM-5 zoning makes this 40 x 125 lot full of potential for any investor. Beautiful classic greystone to the east, (sold separately) is on a 35 x 125 lot making your frontage a full 75 feet. LOT MUST BE PURCHASED with the adjacent home to the east at 3328 Warren.

  Cynthia Grunst-Bednarz Baird & Warner

  3334 W Warren Blvd, Chicago, IL 60624
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  /18

  $122,000

  • 4 Beds
  • 1.5 Baths
  • 948 Sq Ft

  8371 S Baltimore Ave, Chicago, IL 60617

  ***Attention all investors*** Add instant sweat equity to this solid 4-bed, 1.5-bath brick bungalow. This property needs a full renovation but has excellent potential. Sold strictly as-is. No survey. Cash or hard money only.

  Anthony Disano Parkvue Realty Corporation

  8371 S Baltimore Ave, Chicago, IL 60617
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  /2

  $189,999

  • 5 Beds
  • 2 Baths

  7142 S Lowe Ave, Chicago, IL 60621

  Nice affordable brick 2 flat on tree lined street. Featuring a 2 bedroom and a 3-bedroom unit. Hardwood flooring throughout living room, dining room, and bedrooms. The 2nd floor is in good condition, but the 1st floor and exterior of the property needs work. Once repaired, this building will generate good rental income. There is a full basement which is waiting for your expanded living ideas.

  Luis O. Rojas Turn Key Realty Solutions

  7142 S Lowe Ave, Chicago, IL 60621
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  /23

  $149,900

  • 5 Beds
  • 2 Baths
  • 1,489 Sq Ft

  5604 S Morgan St, Chicago, IL 60621

  Beautifully rehabbed Cape Cod featuring 5 bedrooms and 2 full baths. The main level offers 3 spacious bedrooms, a remodeled bathroom, and an inviting living/dining room combo. The kitchen includes freshly repainted cabinets for a clean, modern look. The second floor includes 2 additional bedrooms, one enhanced by a skylight that fills the space with natural light. A full, unfinished basement

  Carlos Matos Core Realty & Investments Inc.

  5604 S Morgan St, Chicago, IL 60621
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  /22

  $195,000

  • 5 Beds
  • 2 Baths

  727 N Springfield Ave, Chicago, IL 60624

  Two Brick Flat in Humboldt Park 1/2 block from Chicago Ave. 3 electric meters, Circuit breakers. Cooper water pipes. 2 car garage. Front and rear fences. Quick access to Down Town via Pulaski to I-290 or via Chicago Ave and/or Grand Ave. To Be Sold in As-Is Condition. To be sold with City Code Violations.

  Maria Jerusalimiec Inter-City Realty, Inc.

  727 N Springfield Ave, Chicago, IL 60624
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  /26

  $162,000

  • 2 Beds
  • 1 Bath

  715 E 105th Place, Chicago, IL 60628

  Welcome to 715 E 105th Place-a beautifully renovated rowhome in the heart of the Historic Pullman District, a National Historic Landmark community known for its architectural charm and deep sense of preservation. This bright and stylish 2-bedroom townhome blends modern convenience with timeless character. At the heart of the home is a stunning kitchen featuring quartz countertops, undermount

  Howard Thomas RE/MAX Premier

  715 E 105th Place, Chicago, IL 60628
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  /13

  $124,000

  • 6 Beds
  • 2 Baths

  334 N Avers Ave, Chicago, IL 60624

  Investors, this is the perfect rehab! Take your creative talents and customize this 2-unit with basement to how your vision see fit. 6 bed 2 bath could possibly fit 2 to 3 more bedrooms in the building. Conveniently located 2 minutes from the magnificent Garfield Park Conservatory; if you love walking & biking 10 minutes from The 606 biking trail. Sporting events & concerts, literally 10 minutes

  Dwight Sims Hunter's Realty, Inc.

  334 N Avers Ave, Chicago, IL 60624
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  /7

  $130,000

  • Land
  • 0.16 Acre
  • $812,500 per Acre

  237 W 79th St, Chicago, IL 60620

  IDEAL CORNER LOCATION FOR A SMALL STRIP MALL / FRANCHISE OPPORTUNITY. FOUR CONTIGUOUS LOTS TOTALING 16,535 SQUARE FEET WITH 132 FT OF FRONTAGE. HIGH TRAFFIC AREA - DIRECTLY ACROSS THE STREET OF AN EXTREMELY LARGE CTA BUS BARN YARD FACILITY. DAN RYAN EXPRESSWAY 79TH STREET ON AND OFF RAMP / RED LINE TRAIN STATION JUST TWO BLOCKS AWAY. OTHER RETAILERS ALREADY IN THE AREA SUBWAY / DUNKIN DONUTS /

  Eduardo Padro Pearson Realty Group

  237 W 79th St, Chicago, IL 60620
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  /21

  $179,900

  • 2 Beds
  • 2 Baths
  • 799 Sq Ft

  5975 N Odell Ave Unit 2C, Chicago, IL 60631

  EXCELLECT PRIME LOCATION CLOSE TO KENNEDY EXPRESSWAY AND ALL MAJOR ROADS. SECOND FLOOR UNIT IN THIS WELL MAINTEINED ELEVATOR BUILDING. LARGE 2 BEDROOMS AND 2 BATHS. ONE WITH SHOWER AND ONE WITH TUB. LARGE LIVING ROOM, DINING AREA. WALK-IN CLOSET FOR EXTRA STORAGE. LAUNDRY AND STORAGE ON THE FIRST FLOOR. ASSESSMENT INCLUDES 2 PARKING SPACES, WATER, HEATING. ENJOY GREAT VIEW FROM THE SUN DECK ON

  Janusz Kozera HomeSmart Connect LLC

  5975 N Odell Ave Unit 2C, Chicago, IL 60631
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  /13

  $119,000

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  5301 W Le Moyne St Unit 2, Chicago, IL 60651

  Welcome Home! Spacious 2 bedroom Condo unit. Large living room hardwood floors, vinyl in the kitchen. Updated Kitchen with granite counter top and build in island, space for table to eat, washer and dryer.1 parking space included. Semi private back deck to grill and enjoy the natural sunlight. CASH ONLY OFFER ACCEPTED

  April Starr Kale Realty

  5301 W Le Moyne St Unit 2, Chicago, IL 60651
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  /3

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,296 Sq Ft

  8639 S Burnham Ave, Chicago, IL 60617

  MOVE-IN READY SOUTH CHICAGO GEM WITH UPDATES! Welcome to 8639 S Burnham Ave - a spacious 5-bedroom, 2-bathroom family home offering the perfect blend of comfort, function, and value. This well-maintained property features significant recent updates including a NEW ROOF, NEW WINDOWS, and NEW CENTRAL HEATING system. The thoughtful layout provides ample living space with separate dining area and

  Brittany Ramsey Keller Williams ONEChicago

  8639 S Burnham Ave, Chicago, IL 60617
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  /18

  $199,000

  • 1 Bed
  • 1 Bath
  • 740 Sq Ft

  880 N Lake Shore Dr Unit 17D, Chicago, IL 60611

  Unit is currently tenant occupied! Lease ends 12/25/2026 Jaw dropping lake views! Enjoy a front row seat at sunrise each morning. South East CORNER unit with floor to ceiling windows. A wow unit. Turn key, move in ready. Updated kitchen, brand new bathroom and brand new hardwood floors throughout. Brand new AC unit in the bedroom. Monthly HOA fee includes ALL UTILITIES that includes ELECTRIC and

  Lisa Petrik Jameson Sotheby's Intl Realty

  880 N Lake Shore Dr Unit 17D, Chicago, IL 60611
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  /7

  $169,000

  • 1 Bed
  • 1 Bath
  • 825 Sq Ft

  4343 N Clarendon Ave Unit 1113, Chicago, IL 60613

  West facing Buena Park one bedroom condo with fantastic sunset and neighborhood views. This unit offers generous room sizes that can easily provide for multiple layouts of furniture. 4343 Clarendon has 24-hour door staff, party room, outdoor swimming pool, tennis courts, dry cleaners and large common patio and outdoor grill. Just 1 block from Lake Michigan, Montrose beach, golf course, dog park,

  Jennie Slania Evegenia's LLC

  4343 N Clarendon Ave Unit 1113, Chicago, IL 60613
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  /19

  $179,000

  • 1 Bed
  • 1 Bath
  • 990 Sq Ft

  4800 S Chicago Beach Dr Unit 2611-S, Chicago, IL 60615

  The Newport stands as one of Hyde Park's finest condominium complexes, offering an exceptional lifestyle. With amenities such as an exercise room, indoor pool, hospitality room, parking, storage, commuter bus service and attentive doorperson services. This is the epitome of effortless living. Now available for sale is a delightful one bedroom unit that has been tastefully updated. Filled with

  Shirley Amico Berkshire Hathaway HomeServices Chicago

  4800 S Chicago Beach Dr Unit 2611-S, Chicago, IL 60615
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  /16

  $100,000

  • 2 Beds
  • 1 Bath
  • 1,150 Sq Ft

  2052 E 69th St Unit 1B, Chicago, IL 60649

  Investors, this is for you! This recently rehabbed 2-bed, 1-bath co-op in prime South Shore location offers immediate rental income. This unit features a separate dining room, hardwood flooring & in-unit laundry. Flexible rental policy at this coop. Near the Obama Center, U of C, museums, parks, golf course, transportation, Hyde Park, and Lake Michigan. HOA covers taxes and heat. Excellent value.

  Nonye Ononogbu eXp Realty

  2052 E 69th St Unit 1B, Chicago, IL 60649
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  /26

  $179,900

  • Studio
  • 1 Bath
  • 500 Sq Ft

  260 E Chestnut St Unit 606, Chicago, IL 60611

  This stunning updated studio apartment boasts a modern and elegant design, featuring sleek dark hardwood floors and premium stainless steel appliances in the kitchen. The expansive bathroom provides a luxurious feel, while the spacious closets offer ample storage. Situated in a full-amenity building, residents enjoy the convenience of an on-site commissary, perfect for everyday essentials. The

  Kurt Merrill Baird & Warner

  260 E Chestnut St Unit 606, Chicago, IL 60611
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  /4

  $150,000

  • Land
  • 0.5 Acre
  • $300,000 per Acre

  2304 S Laramie Ave, Chicago, IL 60804

  GREAT COMMERCIAL OR RESIDENTIAL LOT LOCATED ON BUSY LARAMIE! FULLY FENCED LOT HAS RECENTLY BEEN PAVED! Next door properties available. 5 total lots available. Call to for info.

  Frank Christiano Skydan Real Estate Sales, LLC

  2304 S Laramie Ave, Chicago, IL 60804
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  /20

  $179,000

  • 6 Beds
  • 3 Baths

  1436 S Karlov Ave, Chicago, IL 60623

  Solid 2 unit with extra living space both on the top floor and in the lower level. Ready to move in. And the seller says let taken to the Short Sale method to move this property. Let's make a deal. Contact listing agent to show Tom Slaughter 24hour notice please.

  Thomas Slaughter Citywide Investor Inc

  1436 S Karlov Ave, Chicago, IL 60623
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  /2

  $125,000

  • Land
  • 0.11 Acre
  • $1,136,364 per Acre

  3153 W Madison St, Chicago, IL 60612

  East Garfield Park Development Opportunity! Prime vacant lot near Madison Street and Kedzie Avenue, ready for your vision. Build your dream home or investment property in this up-and-coming Chicago neighborhood. Close proximity to public transportation and easy access to downtown. Don't miss this chance to be part of the East Garfield Park transformation! Nearby Attractions: The Hatchery The

  Arleatha Kelly Arleatha Kelly

  3153 W Madison St, Chicago, IL 60612
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  /12

  $125,000

  • 4 Beds
  • 2 Baths

  Unlisted Address

  legal 2 flat multi-unit with an additional coach house on the lot. The coach house has fire damage. One parcel number. Property is in need of a full rehab and is being sold As is, Where is. No survey will be provided. Motivated seller

  LaShonda Spearman Century 21 Circle

  Unlisted Address
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  /2

  $197,000

  • Land
  • 0.1 Acre
  • $1,970,000 per Acre

  2054 N Pulaski Rd, Chicago, IL 60639

  West Logan Square / Hermosa Extra Wide 37.5 X 125 Ft Vacant Lot Ready For Development. Completely Fenced In This Is the Perfect Location for a New Single Family or Multi Unit Building. Steps From Mozart Park, Healy Metra Station, Pipeworks Brewery and All the Best Logan Restaurants and Bars Along Fullerton and Armitage.

  John Huebner @properties Christie's International Real Estate

  2054 N Pulaski Rd, Chicago, IL 60639
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  /11

  $160,000

  • 4 Beds
  • 2 Baths
  • 1,246 Sq Ft

  8616 S Emerald Ave, Chicago, IL 60620

  .Short Sale - Subject to Third-Party Approval Welcome to 8616 S Emerald Ave, where modern living meets contemporary style in this newly renovated single-family home! Short sale - third-party approval required with any offer, so don't miss this opportunity. Step into a home bathed in natural light, showcasing fresh updates throughout. From sleek engineered hardwood flooring to soft, plush

  Sherri Washington TADD Realty

  8616 S Emerald Ave, Chicago, IL 60620
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  /5

  $100,000

  • Land
  • 0 Acre

  5404 W Walton St, Chicago, IL 60651

  A diamond in the rough!!! This oversized lot measuring 125x50 is ready for a new construction in the fast appraising North Austin area. Zoned RS2 allowing for many uses. Minutes away from the hot Logan Square and West Town nightlife. With so much new construction in the area and home prices through the roof this is an excellent purchase for the savvy investor. No liens clear

  Rene Mendoza Core Realty & Investments Inc.

  5404 W Walton St, Chicago, IL 60651
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  /10

  $109,500

  • 4 Beds
  • 2.5 Baths
  • 1,836 Sq Ft

  6926 S Vernon Ave, Chicago, IL 60637

  Opportunity Awaits at 6926 S Vernon! This single-family home, offering 1,836 square feet of potential, features 4 bedrooms and 2 full bathrooms. With its spacious layout and desirable location, this property is perfect for investors looking for a renovation project or those with a vision to create their dream home. The home is in need of renovation and repairs, providing a blank canvas for your

  Rick Sonshine GenStone Realty

  6926 S Vernon Ave, Chicago, IL 60637
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  /10

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,512 Sq Ft

  8742 S Constance Ave, Chicago, IL 60617

  Attention Investors and Rehabbers! Now is the perfect time to seize this opportunity and have your project ready for the bustling Spring market. This 3-bedroom, 1-bathroom bungalow is a blank canvas waiting for your vision. Partially gutted and full of potential, the home features a spacious layout and a full basement, offering endless possibilities to maximize value and build future equity. Sold

  Melinda Jordan Jameson Sotheby's Intl Realty

  8742 S Constance Ave, Chicago, IL 60617
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  /7

  $135,000

  • Land
  • 0.21 Acre
  • $642,857 per Acre

  4111 W Monroe St, Chicago, IL 60624

  INVESTOR - BUILDER ALERT. 3 contiguous separate lots of record @ 25x121 being sold as one package. 4109, 4111 and 4113 W Monroe = 75' of frontage. Zoned RT-4. **GET IN ON THE EXCITING REDEVELOPMENT OF THE WEST SIDE** City Of Chicago Missing Middle Initiative. Feb 2026: DPD selected five developers to construct 35 multi-unit buildings valued at $35.5 million. Consisting of 99 market rate, for-sale

  Mary Nack Compass

  4111 W Monroe St, Chicago, IL 60624
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  /2

  $180,000

  • 4 Beds
  • 2 Baths
  • 1,100 Sq Ft

  7939 S Kingston Ave, Chicago, IL 60617

  RECENTLY REHABBED BONGOLO WITH HARDWOOD FLOORS THRU-OUT, NEWER KITCHEN WITH STAINLESS APPLIANCE, CORIN COUNTERTOPS, NEWER CABINETS, AND FLOOR. ADDITIONAL BEDROOM IN BASEMENT WITH LG. FAMILY ROOM AND LAUNDRY. CENTRAL AIR, GARAGE AND NICE BACK YARD. PROPERTY OCCUPIED, BEING "SOLD AS-IS".

  Michael Clark Clark Realty Group of Chgo LLC

  7939 S Kingston Ave, Chicago, IL 60617
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  /2

  $145,000

  • 5 Beds
  • 2 Baths
  • 1,100 Sq Ft

  7935 S Kingston Ave, Chicago, IL 60617

  NEWLY REHABBED BUNGALOW WITH 5 BEDROOMS AND 2 FULL BATH. FULL ENGLISH BASEMENT WITH ADDITIONAL STORAGE AND A LARGE BACK YARD FOR KIDS PLAY AREA AND BBQ'S. PROPERTY IS INCOME GENERATING WITH TENANTS.

  Michael Clark Clark Realty Group of Chgo LLC

  7935 S Kingston Ave, Chicago, IL 60617
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  /2

  $170,000

  • 4 Beds
  • 1.5 Baths
  • 1,872 Sq Ft

  8320 S Phillips Ave, Chicago, IL 60617

  Do you need a lot of room? This is the home for you. 4 bedrooms, 1 1/2 baths and additional space in the bsmt and an open area on the 2nd floor. Hardwood floors throughout the first floor. Carpet on the upper floor and tile in the bsmt. This home is well cared for so not a lot of updating to do. Formal dining room off the spacious living room. Newer kitchen cabinets and floor. 2 car garage and

  Shirley Rucker Coldwell Banker Realty

  8320 S Phillips Ave, Chicago, IL 60617
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  /2

  $150,000

  • Land
  • 0 Acre

  6422 S Minerva Ave, Chicago, IL 60637

  Condominium Association is separating the lot from their common elements and selling AS IS. Property taxes will be determined as a result of the separation.

  Iris Ade @properties Christie's International Real Estate

  6422 S Minerva Ave, Chicago, IL 60637
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  /2

  $169,900

  • 9 Beds
  • 3 Baths

  6120 S Green St, Chicago, IL 60621

  Attention develpers -this is a prime value-add GREYSTONE opportunity with substantial upside. This oversized building is currently configured as a 2-unit property duplexed to the basement. The property features a total of 9 bedrooms and 3 bathrooms, providing an ideal layout for maximizing rental income once completed with ARV easily in the $400k range. Major progress has already been made,

  Jaskirat Vig Blue Door Dave Inc

  6120 S Green St, Chicago, IL 60621
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  /2

  $110,000

  • Land
  • 0 Acre

  2801 W Jackson Blvd, Chicago, IL 60612

  Prime Development Opportunity - Part of Phase 1 of the $7B 1901 Project 24' x 125' Lot (B3-2 Zoning) strategically located at the high-traffic, high-visibility intersection of Jackson & California just 1 block west of the United Center. Situated within Part 1 of Phase 1 of the transformative $7B 1901 development, this site offers unmatched potential for commercial or mixed-use projects. Eligible

  ali celikay Compass

  2801 W Jackson Blvd, Chicago, IL 60612

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