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Chicago, IL Homes for Sale under $200,000

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  • /2

    $199,000

    • 7 Beds
    • 2 Baths

    5545 S Throop St, Chicago, IL 60636

    Come get this West Englewood, potential cash cow. This brick 2Flat has been recently update and is waiting for your finishing touches.1st floor is rented out for 1400, and the 2nd floor is vacant. Seller prefers Hard money loan or cash offers Highest and Best by 11/14/25

    Eduardo Allen Upright Realty

    5545 S Throop St, Chicago, IL 60636
  • /2

    $190,000

    7919 S Essex Ave, Chicago, IL 60617

    Excellent rehab project for an experienced developer. Rarely available 6 unit brick building in Chicago's South Shore neighborhood. City approved and transferrable plans include two duplexed first floor (4) bedroom (2) bath units and four (3) bedroom units. Fantastic location with easy access to shops, parks and public transportation.

    Keith Martin Kale Realty

    7919 S Essex Ave, Chicago, IL 60617
  • /2

    $125,000

    • Land
    • 0.09 Acre
    • $1,388,889 per Acre

    5630 S Wabash Ave, Chicago, IL 60637

    Excellent development opportunity in HOT Washington Park neighborhood! It's all here: convenient public transportation with easy access to 90/94, University of Chicago Green line Performing Arts Center, Artist Residences apartment complex, Park Supper Club, XS Tennis, and more! Washington Park has recently been rediscovered. This is a great opportunity to build in an up-and-coming flourishing

    Krystyna Soprych RE/MAX 10 in the Park

    5630 S Wabash Ave, Chicago, IL 60637
  • /2

    $125,000

    • Land
    • 0.09 Acre
    • $1,388,889 per Acre

    5714 S Wabash Ave, Chicago, IL 60637

    Excellent development opportunity in HOT Washington Park neighborhood! It's all here: convenient public transportation with easy access to 90/94, University of Chicago Green line Performing Arts Center, Artist Residences apartment complex, Park Supper Club, XS Tennis, and more! Washington Park has recently been rediscovered. This is a great opportunity to build in an up-and-coming flourishing

    Krystyna Soprych RE/MAX 10 in the Park

    5714 S Wabash Ave, Chicago, IL 60637
  • /2

    $125,000

    • Land
    • 0 Acre

    5736 S Wabash Ave, Chicago, IL 60637

    Excellent development opportunity in HOT Washington Park neighborhood. Excellent development opportunity in HOT Washington Park neighborhood! It's all here: convenient public transportation with easy access to 90/94, University of Chicago Green line Performing Arts Center, Artist Residences apartment complex, Park Supper Club, XS Tennis, and more! Washington Park has recently been rediscovered.

    Krystyna Soprych RE/MAX 10 in the Park

    5736 S Wabash Ave, Chicago, IL 60637
  • /2

    $194,000

    • Land
    • 0 Acre

    1833 W Walnut St, Chicago, IL 60612

    Priced to Sell! Located just half a mile from the highly anticipated 1901 Development, this vacant lot offers an exceptional opportunity in one of Chicago's fastest-growing industrial corridors. Zoned Planned Manufacturing District (PMD), the property provides flexibility for a range of commercial, light industrial, or creative-use projects. With convenient access to major transportation routes

    Christian Searles Alec Realty Group, LLC

    1833 W Walnut St, Chicago, IL 60612
  • /2

    $159,000

    • 7 Beds
    • 2 Baths

    8322 S Baker Ave, Chicago, IL 60617

    This is an excellent opportunity to own this income generating two unit. Utilities are paid by tenants (owner pays the water). It is ideally located right off of Lake Shore Drive and just minutes to Downtown Chicago. One unit is currently rented to a long term tenant for $1,200 The other unit is currently vacant. 48 Hour Notice for appointments and No Appointments After 3pm

    Rigoberto Garcia Grinker & Garcia Real Estate

    8322 S Baker Ave, Chicago, IL 60617
  • /2

    $104,000

    • 5 Beds
    • 2 Baths

    6317 S Morgan St, Chicago, IL 60621

    ATTENTION INVESTORS & REHABBERS!! GREAT OPPORTUNITY AWAITS!!! LARGE, SPACIOUS, BRICK 2 UNIT BUILDING. CLOSE TO TRAIN & PUBLIC TRANSPORTATION, STORES.

    Jenny Lima RE/MAX 10

    6317 S Morgan St, Chicago, IL 60621
  • /2

    $124,900

    • Land
    • 0.08 Acre
    • $1,561,250 per Acre

    58 E 43rd St, Chicago, IL 60653

    Great commercial / residential development opportunity in historic Bronzeville neighborhood. Corner lot zoned B3-2 with approximately 3,600 square feet. Walking distance to CTA Green Line and major new developments - Green 43 and Legends South. Agent interest.

    Johana Vargas Kale Realty

    58 E 43rd St, Chicago, IL 60653
  • /2

    $100,000

    • Land
    • 0 Acre

    1337 W Haddon Ave, Chicago, IL 60622

    Vacant land - Lot size: 1725 sq. ft. Zoning is RT-4, adjacent to the Noble Square Co-op. Plat Survey is also available under additional information. Prospective buyers are encouraged to consult with their own attorney and/or the city for potential use/restrictions.

    Nancy Slattery @properties Christie's International Real Estate

    1337 W Haddon Ave, Chicago, IL 60622
  • /2

    $119,000

    • Land
    • 0 Acre

    457 N Western Ave, Chicago, IL 60612

    Lot on busy Western Ave available. Drive by only.

    Ricardo Rodriguez Realty of America, LLC

    457 N Western Ave, Chicago, IL 60612
  • /2

    $115,000

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

    9834 S Throop St, Chicago, IL 60643

    Incredible Washington Heights Opportunity! Bring your vision to this fully gutted 3 level property in the booming Washington Heights neighborhood, where comparable homes are selling for over $400K. This home will be sold with approved plans to convert the property into a 4bedroom, 3bathroom residence with a dormer, offering a modern open concept kitchen and living room with bedrooms and bathrooms

    Vincent Roofe Exit Strategy Realty

    9834 S Throop St, Chicago, IL 60643
  • /2

    $120,000

    • Land
    • 0 Acre

    222-226 E 56th St, Chicago, IL 60637

    Prime Development Opportunity in Rapidly Rising Washington Park! Now is the time to invest in one of Chicago's most exciting and fast-evolving neighborhoods. This excellent development opportunity sits in the heart of Washington Park-surrounded by historic architecture, rich culture, and major neighborhood investments. Close proximity to the University of Chicago, the Green Line Performing Arts

    Michelle Browne @properties Christie's International Real Estate

    222-226 E 56th St, Chicago, IL 60637
  • /2

    $110,000

    • Land
    • 0 Acre

    6121 S King Dr, Chicago, IL 60637

    New construction all around! From the mega development on 65th and MLK to infill properties on the 6200 block of MLK. This 50x125 oversized lot in Woodlawn boasts an RM5 zoning and an ideal location surrounded by new construction. Situated close to transportation, parks, and development, this property presents a superb opportunity. Don't miss out on the chance to capitalize on its potential!

    Michelle Browne @properties Christie's International Real Estate

    6121 S King Dr, Chicago, IL 60637
  • /2

    $150,000

    • Land
    • 0 Acre

    3242 W Ogden Ave, Chicago, IL 60623

    Unlock the potential of this strategically located commercial lot, offering exceptional visibility and accessibility in a thriving neighborhood. Zoned C1-2, this parcel is ideal for a variety of commercial ventures, including warehouses, auto shops, auto repairs, banks, financial institutions, medical, dental, veterinarian, retail stores, restaurants, office spaces, or mixed use development.

    Renata Gomes Carneiro World One Realty

    3242 W Ogden Ave, Chicago, IL 60623
  • /2

    $175,000

    • Land
    • 0.3 Acre
    • $583,333 per Acre

    6101 S Ashland Ave, Chicago, IL 60636

    13,094 SF land site at the corner of S Ashland Ave and W 61st St. The property carries a zoning designation of B3-2, and features 5 separate PINs. This site benefits from the high traffic count of Ashland Ave and its location at a signalized corner.

    Angelo Labriola Sperry Van Ness

    6101 S Ashland Ave, Chicago, IL 60636
  • /2

    $124,900

    • Land
    • 0.07 Acre
    • $1,784,286 per Acre

    1615 N Keeler Ave, Chicago, IL 60639

    RS-3. 25x125 House was demolished years ago. Lot runs along an alley. Owner is a licensed real estate agent in IL, but is not the listing agent.

    Stacy Braack Core Realty & Investments Inc.

    1615 N Keeler Ave, Chicago, IL 60639
  • /2

    $186,500

    • Land
    • 0.07 Acre
    • $2,664,286 per Acre

    6321 S Ingleside Ave, Chicago, IL 60637

    Buildable lot. Zoned RT-4. Three (3) units could legally be constructed (1,000 SF of land area required per allowable unit under RT-4 zoning). Situated in the Woodlawn neighborhood, 2 blocks south of the University of Chicago, less than 1-mile west of Jackson Park and Lake Michigan. Walking distance to U of C. Near future Obama Presidential Library, Hyde Park, Museum's and public transportation.

    John Konrath Greater Metropolitan Real Estate Services

    6321 S Ingleside Ave, Chicago, IL 60637
  • /2

    $150,000

    • Land
    • 0.3 Acre
    • $500,000 per Acre

    10603-10611 S Halsted St, Chicago, IL 60628

    4 vacant parcel LOTS with 4 individual PIN numbers being sold together as one is this listing. .30 acres TOTAL

    Jonathan Minerick Homecoin.com

    10603-10611 S Halsted St, Chicago, IL 60628
  • /2

    $100,000

    • Land

    7821 S Stony Island Ave, Chicago, IL 60649

    This 5,000 Square Feet Vacant Land can be yours the seller is moving out of town and ready to make a Deal the Zoning is C2-2 So you can put almost anything on this site call agent for more details

    Glen Young F.J. Williams Realty LLC

    7821 S Stony Island Ave, Chicago, IL 60649
  • /2

    $144,900

    • Land
    • 0 Acre

    1920 S Miller St, Chicago, IL 60608

    Long time owners are ready to sell! Hot Pilsen Lot.. Property has RT-4 zoning so there are Many options for buiding. Close to 18th St, Halsted, and Highways. Minutes from Downtown, UIC Village, and Greektown.

    Anthony Lucio Keller Williams Preferred Realty

    1920 S Miller St, Chicago, IL 60608
  • /2

    $110,000

    • Land
    • 0 Acre

    1624 W 69th St, Chicago, IL 60636

    This 15,625 sq ft lot is right across the street from the FOOD FOR LESS & BANK OF AMERICA anchored shopping center. The lot dimensions are 125 x 125 and the property is zoned B3-1. This zoning offers a broad range of retail & service uses as well as mixed use buildings. The site has great exposure as it faces the entrance to the shopping center. Great development opportunity here.

    Neil Haleem Network Property Managment LLC

    1624 W 69th St, Chicago, IL 60636
  • /10

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,220 Sq Ft

    5900 S King Dr Unit 3, Chicago, IL 60637

    Jonathan Ayala Pearson Realty Group

    5900 S King Dr Unit 3, Chicago, IL 60637
  • /8

    $132,000

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

    7110 S Champlain Ave, Chicago, IL 60619

    Tanedra Lofton Coldwell Banker Realty

    7110 S Champlain Ave, Chicago, IL 60619
  • /2

    $160,000

    • Land
    • 0 Acre

    9259 S Cottage Grove Ave, Chicago, IL 60619

    Joan Barrett Arnold Jason Mitchell Real Estate IL

    9259 S Cottage Grove Ave, Chicago, IL 60619
  • /2

    $100,000

    • Land
    • 0 Acre

    1647 S Drake Ave, Chicago, IL 60623

    Larrell Lee Hoff, Realtors

    1647 S Drake Ave, Chicago, IL 60623
  • /2

    $191,000 New Construction

    • Studio
    • 1 Bath
    • 343 Sq Ft

    Chicago, IL 60616

    Pre-Construction Sales - Evergreen Garden, a new construction 110-unit condominium development thoughtfully designed to create a convenient, peaceful, and well-connected community for residents. Ideally located in the heart of Chicago's Chinatown, the property is just steps from Ping Tom Memorial Park, Chinatown Square, Walgreens, restaurants, and the CTA Red Line, offering easy access to

    Sharon Wong Century 21 Realty Associates

    Chicago, IL 60616
  • /6

    $176,500

    • 3 Beds
    • 1 Bath
    • 888 Sq Ft

    10605 S Avenue F, Chicago, IL 60617

    Spacious single family home offering 3 bedrooms, 1 full bathroom, full basement and a 2 car garage. The property provides a functional layout with ample living space throughout, making it a strong opportunity for investors or buyers. Room count and sizes are estimates. No interior access, occupied property. Do not disturb occupants. Trespassing is prohibited." Any inspections of this property is

    Michael Olszewski Area Wide Realty

    10605 S Avenue F, Chicago, IL 60617
  • /10

    $108,500

    • 4 Beds
    • 1.5 Baths
    • 1,332 Sq Ft

    7704 S Ada St, Chicago, IL 60620

    Spacious 4 bedroom, 1.5 bath 2 story frame home offering approximately 1,332 square feet of living space. This home features a full unfinished basement, providing excellent potential for added living space, storage, or future expansion. The layout includes a convenient half bath. This property needs a little TLC, making it a great opportunity for adding personal touches. With plenty of potential,

    Dennis Brim Prestige Partners Realty, Inc.

    7704 S Ada St, Chicago, IL 60620
  • /16

    $120,000 Pre-Foreclosure

    • 2 Beds
    • 1 Bath
    • 954 Sq Ft

    9960 S Van Vlissingen Rd, Chicago, IL 60617

    Great potential in this brick ranch in desirable Jeffrey Manor location. Needs work. Selling as-is.

    Mike Tassone DNV Solutions LLC

    9960 S Van Vlissingen Rd, Chicago, IL 60617
  • /14

    $160,000 Pre-Foreclosure

    • 3 Beds
    • 1 Bath
    • 1,379 Sq Ft

    8640 S Bennett Ave, Chicago, IL 60617

    Rare value-add opportunity in Avalon Park - this solid full-brick, 3-bed/1-bath Chicago bungalow with a full unfinished basement and dormer upper level is priced to reflect current condition, including ceiling damage in the kitchen and deferred maintenance throughout. Original hardwood floors found beneath carpet and a spacious basement footprint offer strong upside for the right buyer. Sold

    Nina Kendrick Luxe Living Realty, Inc

    8640 S Bennett Ave, Chicago, IL 60617
  • /9

    $134,000

    • 2 Beds
    • 1 Bath
    • 660 Sq Ft

    7334 N Winchester Ave Unit 2E, Chicago, IL 60626

    Ready to be in Rodger's Park? Your new place is available right now. Across the street to a park, short walk to lakefront trail. This property is close to shopping and public transportation. The secure gate opens to common space yard and a breath of fresh air. Low rise building with easy access to your door. That neigborhood feel in a condo with your own balcony and back porch attached directly

    James Foley Foley Properties Inc

    7334 N Winchester Ave Unit 2E, Chicago, IL 60626
  • /28

    $194,990 Pre-Foreclosure

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft

    8643 S Morgan St, Chicago, IL 60620

    Welcome home! This home has been completely redone-from the new roof and newly replaced and painted aluminum siding with updated plywood, to fresh drywall, new flooring, and everything in between. Enjoy durable vinyl plank flooring throughout, complemented by custom wood stairs that add beauty while making cleanup easy. The brand-new kitchen features modern cabinets, and granite countertops for a

    Gesenia Cobb Coldwell Banker Realty

    8643 S Morgan St, Chicago, IL 60620
  • /24

    $137,500

    • 5 Beds
    • 3.5 Baths
    • 1,288 Sq Ft

    7133 S Constance Ave, Chicago, IL 60649

    Don't miss this spacious 5 bedroom, 3.5 bathroom property located in the highly sough after South Shore neighborhood. This home offers exceptional potential for investors, rehabbers, or buyers looking to customize a spacious residence to their own style. Renovation work has begun but is not complete, giving you the flexibility to finish the project as you desire. One bedroom on first floor, 2

    Michael Olszewski Area Wide Realty

    7133 S Constance Ave, Chicago, IL 60649
  • /2

    $177,744

    • 4 Beds
    • 2 Baths

    803 S Kolmar Ave, Chicago, IL 60624

    ***UNSAFE TO ENTER!***OCCUPIED PROPERTY-DO NOT DISTURB OCCUPANTS!***DO NOT APPROACH OR OTHERWISE TRY TO CONTACT OCCUPANTS!*** UNSFAE TO ENTER!***PROPERTY SOLD OCCUPIED, `AS IS`, CASH ONLY-NO EXCEPTIONS-NO INTERIOR INSPECTION. ***DRIVE BY ONLY.*** ADDENDUM AFTER OFFER ACCEPTANCE.SELLER`S ATTORNEY WILL HOLD EARNEST MONEY-MUST BE CERTIFIED CHECK. SOLID, BRICK, 2 FLAT PROPERTY LOCATED ON SIDE

    Jack Stempien RE/MAX City

    803 S Kolmar Ave, Chicago, IL 60624
  • /29

    $135,000

    • 6 Beds
    • 2 Baths

    11540 S Yale Ave, Chicago, IL 60628

    In the market for a pretty much turnkey rental at a value than this spacious two unit is the one for you! Located in the West Pullman community which has seen values on the rise as of late, this jumbo building offers two units which are very generous in size and have some modern updates already completed! Each unit has similar floor plans with formal living room and dining room, three spacious

    Ryan Smith RE/MAX Premier

    11540 S Yale Ave, Chicago, IL 60628
  • /21

    $195,000 Pre-Foreclosure

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

    4148 S King Dr Unit G3, Chicago, IL 60653

    Situated on the desirable South Martin Luther King Jr. Drive, this expansive 3-bedroom, 2-bath garden residence offers approximately 1,800 sq ft of well-designed living space. The layout provides a comfortable balance of openness and privacy, with large living areas and generously sized bedrooms throughout. The home features updated finishes, a functional kitchen, and a private primary suite with

    Colleen Berg Berg Properties

    4148 S King Dr Unit G3, Chicago, IL 60653
  • /14

    $134,900 Pre-Foreclosure

    • 6 Beds
    • 2.5 Baths
    • 1,404 Sq Ft

    7135 S Woodlawn Ave, Chicago, IL 60619

    INVESTOR SPECIAL!! LARGE CHICAGO BRICK BUNGALOW READY FOR TRANSFORMATION. PROPERTY NEEDS FULL INTERIOR REHAB. MAJOR SYSTEM UPDATES COMPLETED-ROOF REPLACED IN 2024 AND NEW FURNACE INSTALLED IN 2024. EXCELLENT LAYOUT WITH 6 BEDROOMS AND 2.5 BATHS. PROPERTY IS BEING SOLD AS IS!!CASH BUYERS ONLY!

    Lashonda Skipper Realty of America, LLC

    7135 S Woodlawn Ave, Chicago, IL 60619
  • /4

    $115,000

    • 3 Beds
    • 1.5 Baths
    • 1,672 Sq Ft

    12356 S Michigan Ave, Chicago, IL 60628

    Occupied REO DO NOT ATTEMPT INTERIOR INSPECTION. DRIVEBY ONLY 3 bedrooms 1 and 1/2 baths. All offers must be submitted to the seller via link in broker only comments. No survey or reports by responsible for eviction all other data via Cook County.

    Edd Riley Vail REO Realty Group

    12356 S Michigan Ave, Chicago, IL 60628
  • /25

    $144,900

    • 3 Beds
    • 1 Bath
    • 1,119 Sq Ft

    6954 S Paulina St, Chicago, IL 60636

    Welcome home to this charming 3-bed 1-bath brick bungalow in the heart of Englewood. This home offers a large sun-filled living room and gleaming hardwood floors, an eat-in kitchen with plenty of storage and counter space, spacious bedrooms, a stylish updated bathroom, a finished basement and detached 2-car garage. This is a must see!! Sold as-is. No survey. Buyers must take subject to any

    Anthony Disano Parkvue Realty Corporation

    6954 S Paulina St, Chicago, IL 60636

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