Chicago, IL Homes for Sale under $200,000

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  /4

  $159,000

  • Land
  • 0 Sq Ft

  1235 S California Ave, Chicago, IL 60608

  *FOR SALE: Prime Development Opportunity in Chicago - Across from Historic Douglass Park* *A Rare Find with Unbeatable Park Front Views* Discover an exceptional development opportunity in the heart of Chicago. This slightly oversized vacant lot is a blank canvas awaiting your vision, offering a compelling combination of location, potential, and a vibrant lifestyle. Situated directly across the

  Derek Morgan USRealty.com, LLP

  1235 S California Ave, Chicago, IL 60608
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  /11

  $149,000

  • 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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  /2

  $100,000

  • Land
  • 0 Sq Ft

  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
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  /16

  $120,000

  • 1 Bed
  • 1 Bath
  • 850 Sq Ft

  10433 S Hale Ave Unit 1A, Chicago, IL 60643

  Location, convenience, and affordability. This 1-Bed, 1-Bath in sought-after East Beverly has it all! Ample living room features beautiful double doors. Kitchen features granite countertops and stainless-steel appliances. Plenty of natural lighting throughout. Oak hardwood floors complement the recently painted unit. Central air conditioning. Max of 2 pets allowed (35 lb weight limit per pet).

  Colleen Berg Berg Properties

  10433 S Hale Ave Unit 1A, Chicago, IL 60643
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  /11

  $149,900

  • 6 Beds
  • 2 Baths

  1432 S Harding Ave, Chicago, IL 60623

  Rarely available single-family home with a detached coach house in Lawndale!! Excellent opportunity to add instant sweat equity and add your personal touch. Prime location near transit, Douglas parks, and local amenities. Sold As Is. Seller does not provide survey. Buyer to verify zoning/code compliance and take subject to any municipal requirements.

  Anthony Disano Parkvue Realty Corporation

  1432 S Harding Ave, Chicago, IL 60623
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  /12

  $178,000

  • 4 Beds
  • 2 Baths
  • 1,140 Sq Ft

  39 W 83rd St, Chicago, IL 60620

  Welcome to this charming 4-bedroom 2 bath single-family home in sought after West Chattam area, offering comfort, and great potential for modern living. The home features a bright and inviting living area and a well-appointed rear kitchen. This cozy home features 4 bedrooms with plenty of natural light, along with 2 full bathrooms designed for convenience and functionality. The semi-finished

  Ife Ekwunife Real 1 Realty

  39 W 83rd St, Chicago, IL 60620
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  /41

  $199,999

  • 4 Beds
  • 2 Baths
  • 1,022 Sq Ft

  5950 S Marshfield Ave, Chicago, IL 60636

  Diamond in the rough with incredible potential! This spacious single-family home is ready for your ideas and finishing touches. The main level features a welcoming foyer, living room, formal dining room, two bedrooms, a kitchen with pantry, and a full bathroom. The second level offers a large primary bedroom, one additional bedroom, a bonus room perfect for an office or flex space, a family room,

  Luis Ortiz RE/MAX Partners

  5950 S Marshfield Ave, Chicago, IL 60636
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  /2

  $100,000

  • Land
  • 0 Sq Ft

  6625 S Ellis Ave, Chicago, IL 60637

  Attention Developers | 6625 S Ellis Ave | 25x125 Lot | RT-4 Zoning | Woodlawn Proper Positioned in Woodlawn proper, this 25x125 RT-4 parcel offers a compelling construction opportunity in one of Chicago's most strategically evolving neighborhoods. With multi-unit zoning already in place, the site is ideal for contemporary multi-family housing, modern townhomes, or a design-forward rental asset

  Jennifer Bell Fulton Grace Realty

  6625 S Ellis Ave, Chicago, IL 60637
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  /22

  $169,900

  • 5 Beds
  • 2 Baths
  • 1,672 Sq Ft

  11548 S State St, Chicago, IL 60628

  Spacious 2 floor 5-Bedroom Updated Home! This beautifully updated single-family residence offers 5 bedrooms and 2 full baths across two floors, perfect for a large family. The main level features a bright and airy living room, a formal dining room, and an updated kitchen filled with natural light. Upstairs, you'll find additional bedrooms providing ample space for everyone. The unfinished

  Elvia Padilla RE/MAX Mi Casa

  11548 S State St, Chicago, IL 60628
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  /6

  $135,000

  • 1 Bed
  • 1 Bath

  7420 N Winchester Ave Unit 2A, Chicago, IL 60626

  Welcome home to this charming second-floor 1-bedroom, 1-bath condo offering the perfect blend of comfort and convenience. Enjoy your own private balcony-ideal for morning coffee or relaxing at the end of the day. Ideally situated near shopping, dining, and public transportation with easy access to the Red Line. Low taxes and affordable monthly HOA dues make this a great opportunity for both

  JP Maund Keller Williams ONEChicago

  7420 N Winchester Ave Unit 2A, Chicago, IL 60626
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  /22

  $119,000

  • 2 Beds
  • 1 Bath

  2300 W Granville Ave Unit G, Chicago, IL 60659

  ***Best income-producing investment property. Already rented for $1,290 per month. *** Beautiful kitchen. Beautiful 2-bedroom, 1-bath brick condo in West Rogers Park. In-unit laundry. The building management installed brand-new Radiators for the entire building. Possible future HOA special assessment of $10K. SOLD AS-IS AND CASH BUYERS ONLY.

  Nalini Prabhakaran Chicagoland Brokers, Inc.

  2300 W Granville Ave Unit G, Chicago, IL 60659
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  /9

  $124,900

  • 2 Beds
  • 1 Bath
  • 950 Sq Ft

  6752 S Clyde Ave Unit 3, Chicago, IL 60649

  Location, Location, Location! Great deal for a 2 bedroom condo in South Shore... just steps to the golf course and Jackson Park. Within walking distance to the beach, Lake Michigan and The Obama Center which debuts on June 19, 2026! This is where you want to be this spring, summer and every season going forward! World class amenities, basically in your backyard and so many more coming!

  Melanie Croft Vylla Home

  6752 S Clyde Ave Unit 3, Chicago, IL 60649
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  /22

  $149,900

  • 1 Bed
  • 1 Bath
  • 700 Sq Ft

  2606 W Balmoral Ave Unit 507, Chicago, IL 60625

  Welcome to this beautifully remodeled 1-bedroom, 1-bath condo at 2606 W Balmoral Ave, Apt 507. Updated in January 2026, this home features modern finishes and a clean, contemporary touch throughout. The low HOA includes heat and water, offering excellent value and convenience. A dedicated storage unit is also included. Located just 15 minutes from the lakefront, this pet-friendly building is

  Luis Santiago Realty of America, LLC

  2606 W Balmoral Ave Unit 507, Chicago, IL 60625
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  /26

  $119,900

  • 4 Beds
  • 4 Baths

  7241 S Yale Ave, Chicago, IL 60621

  Investor special in the heart of Chicago! This 2-story brick property at 7241 S Yale Ave is a prime rehab opportunity with tons of potential. Featuring a spacious layout, this home is ready for a full renovation-perfect for experienced investors or savvy buyers looking to add value. Ideal for a fix-and-flip or long-term rental hold. Located on a residential block with easy access to public

  Anthony Disano Parkvue Realty Corporation

  7241 S Yale Ave, Chicago, IL 60621
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  /25

  $155,000

  • 1 Bed
  • 1 Bath
  • 790 Sq Ft

  2901 S Michigan Ave Unit 505, Chicago, IL 60616

  Welcome home! Stunning views are the drawl in this spacious 1-bedroom, 1-bath corner unit, filled with natural light and finished with luxury flooring throughout. Floor-to-ceiling windows showcase beautiful views and lead to a private balcony overlooking the pool-perfect for relaxing and entertaining. Your traditional kitchen is designed for efficiency and effectiveness. Smart floor plan allows

  Kimberly Chase-Harding Berkshire Hathaway HomeServices Chicago

  2901 S Michigan Ave Unit 505, Chicago, IL 60616
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  /17

  $134,900

  • 2 Beds
  • 1 Bath
  • 950 Sq Ft

  543 E 60th St Unit 4, Chicago, IL 60637

  Investor special, move- in ready, collect rent and grow your porfolio! Unbeatable location near the University of Chicago, Washington Park, and Hyde Park amenities. Just minutes from 63rd Street Beach, 1 miles from the upcoming Obama Presidential Library, and a short drive to the Museum of Science and Industry. This bright and inviting unit features abundant natural light, hardwood floors,

  Arelis Santamaria EXIT Strategy Realty

  543 E 60th St Unit 4, Chicago, IL 60637
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  /12

  $140,000

  • Studio
  • 1 Bath

  1400 E 55th Place Unit 613S, Chicago, IL 60637

  Large studio at University Park Condominium which was designed by well-known architects I. M. Pei and Araldo Cossutta. North facing windows overlook the beautiful courtyard. Wood floor throughout. Walk-in closet. The building offers on-site management, 24 hour door staff, four in-building laundry rooms, additional storage and an outdoor swimming pool. Close to lakefront, Museum of Science and

  Shuoying Zhang Hometown Real Estate

  1400 E 55th Place Unit 613S, Chicago, IL 60637
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  $107,800

  • 4 Beds
  • 2 Baths
  • 1,387 Sq Ft

  54 E 101st St, Chicago, IL 60628

  LISTED FOR $107,800 Great Opportunity to own this single-family home built in 1925 featuring 4 bedrooms and 2 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. *** No showings/access will be provided on this property regardless

  Val Laborevitch Realhome Services & Solutions, Inc.

  54 E 101st St, Chicago, IL 60628
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  /14

  $165,000

  • 6 Beds
  • 2 Baths

  5515 S Princeton Ave, Chicago, IL 60621

  Value-add 2-unit property offering strong upside potential. One unit is currently tenant-occupied, providing immediate income, while the second unit-previously owner-occupied-is vacant and ready for renovation. The owner's unit requires a full kitchen and bathroom update, presenting an excellent opportunity to increase rents and overall property value. Ideal for investors or owner-occupants

  Todd Stephenson Premier Chicago Real Estate

  5515 S Princeton Ave, Chicago, IL 60621
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  /20

  $170,000 Pre-Foreclosure

  • 4 Beds
  • 2 Baths

  129 E Kensington Ave, Chicago, IL 60628

  This 2-flat investment property includes 2 bedrooms and 1 bathroom on each floor. New electric and plumbing throughout. Ginormous front yard. Huge basement. This property offers the potential for rental income and can be a good option for owners who want to live in one unit and rent out the other. Make your appointment today.

  Dionne Townsend RE/MAX 10

  129 E Kensington Ave, Chicago, IL 60628
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  /2

  $194,000

  • Land
  • 0 Sq Ft

  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
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  /2

  $159,900

  • Land
  • 0 Sq Ft

  1825 S Kostner Ave, Chicago, IL 60623

  Attention Contractors, Builders or Investors, Residential Lots for sale, 3 lots sold together. 16224080100000, 16224080110000 and 16224080120000.

  Angelica Rodriguez Coldwell Banker Realty

  1825 S Kostner Ave, Chicago, IL 60623
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  /10

  $175,000

  • 3 Beds
  • 3 Baths

  8223 S Ingleside Ave, Chicago, IL 60619

  Opportunity awaits with this vacant 3 unit brick building full of potential! Each spacious unit features 3 bedrooms and 1 full bath, offering generous layouts ideal for rental income or multi-generational living. The property also includes a basement, providing added storage or possible future improvements. This building is being sold AS IS and will require significant TLC. Bring your vision and

  Dennis Brim Prestige Partners Realty, Inc.

  8223 S Ingleside Ave, Chicago, IL 60619
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  /9

  $199,000

  • 4 Beds
  • 3 Baths
  • 1,540 Sq Ft

  4730 S Wabash Ave, Chicago, IL 60615

  Tremendous opportunity to purchase an investment property in the heart of the Bronzeville community! This large home is conveniently located near public transit, schools, the Dan Ryan Expressway, and numerous cultural attractions.

  Andre Bennett eXp Realty

  4730 S Wabash Ave, Chicago, IL 60615
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  /27

  $139,850

  • 3 Beds
  • 2 Baths
  • 924 Sq Ft

  11322 S Normal Ave, Chicago, IL 60628

  ***This property is not for rent. If someone is marketing this as a rental it is a scam***Discover this excellent opportunity, a spacious 3-bedroom, 2-bathroom home nestled in the heart of the Roseland neighborhood. Step inside the inviting living room, bathed in natural light, which flows seamlessly into the open-layout dining room, featuring oversized windows and a custom tray ceiling. The

  Eric Egeland GenStone Realty

  11322 S Normal Ave, Chicago, IL 60628
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  /14

  $100,000

  • 3 Beds
  • 2 Baths
  • 672 Sq Ft

  5225 S Wood St, Chicago, IL 60609

  Vacant and ready for your vision! This single-family home offers excellent investment potential. Featuring an unfinished basement and a recently updated electrical panel, plus two water heaters, this property is set up for future upgrades and cash flow opportunities. The functional layout makes it ideal for renovation or rental potential. Conveniently located near public transportation, schools,

  J. Alday Realty of America, LLC

  5225 S Wood St, Chicago, IL 60609
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  /20

  $140,000

  • 1 Bed
  • 1 Bath

  345 E Eastgate Place Unit 306, Chicago, IL 60616

  Well-maintained 1 bed/1 bath condo with exterior parking in a prime South Loop/Bronzeville location. This spacious and affordable condo features bright exposures, large windows, and generous in-unit storage. This unit includes newer carpet, refreshed kitchen cabinetry, an exterior parking space, and additional storage. Ideally located near public transportation, shopping, dining, parks, and all

  Carl Johnson Century 21 S.G.R., Inc.

  345 E Eastgate Place Unit 306, Chicago, IL 60616
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  /15

  $185,000

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  9627 S Wallace St, Chicago, IL 60628

  Charming brick Cape Cod in Chicago featuring 3 bedrooms and 1 bathroom, full of warmth and character. This inviting home offers a cozy atmosphere throughout, with a bright living space that flows into a functional kitchen equipped with stainless steel appliances-perfect for everyday living. The upper level provides ample storage with a walk-in closet With comfortable living spaces, and timeless

  Susan Shoup Exclusive Realtors

  9627 S Wallace St, Chicago, IL 60628
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  /24

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,100 Sq Ft

  5050 S East End Ave Unit 3B, Chicago, IL 60615

  Affordable opportunity to own in a prime Kenwood/Hyde Park location! Skip rising rents and step into a sun-filled, spacious co-op with park views, flexible layout, and easy access to transit, groceries, and the lakefront. Welcome to 5050 S. East End, formally known as The Chippewa - long associated with renowned Chicago architect Mies Van der Rohe. Large windows throughout fill the home with

  Jake Steinle Compass

  5050 S East End Ave Unit 3B, Chicago, IL 60615
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  /15

  $100,000

  • Studio
  • 1 Bath
  • 600 Sq Ft

  2921 S Michigan Ave Unit 413, Chicago, IL 60616

  Beautiful Studio in Prime Location! with wood flooring throughout. Bright east-facing unit overlooking park area. Features full kitchen, full bath, and ample closet space. Near Lake Shore Drive, expressways, and public transportation. Minutes to 31st St. Beach, McCormick Place, IIT, Downtown Chicago (10 min), Midway Airport (15 min), and University of Chicago (15 min). Elevator , Laundry Room,

  Salman Khan Kale Realty

  2921 S Michigan Ave Unit 413, Chicago, IL 60616
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  /2

  $129,900

  • Land
  • 0 Sq Ft

  6126 S Vernon Ave, Chicago, IL 60637

  RM-5 Development Opportunity - 30' x 126' lot zoned RM-5, ideal for multifamily development. Site offers strong density potential in an established residential corridor- Property is part of a Multi scattered-site portfolio in the Washington Park/Woodlawn area, available individually or as a package. Great opportunity for developers seeking scalable projects. Sold as-is, where-is. Buyer

  Nicholas Hansen Home One Realty

  6126 S Vernon Ave, Chicago, IL 60637
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  /2

  $169,000

  • 5 Beds
  • 2 Baths

  531 W 61st Place, Chicago, IL 60621

  Gorgeous, renovated brick two-flat is an investor's dream and guarantees YEARS of cash flow with long term tenants! This is a solid investment that will produce great returns!! Tenants will enjoy living in a quiet neighborhood convenient to The University of Chicago, major highways, public transportation, restaurants, shopping, and Lake Michigan. In-unit features include: Brand New Appliances,

  Dimitris Mellos James Group Properties LLC

  531 W 61st Place, Chicago, IL 60621
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  /15

  $175,000

  • 4 Beds
  • 3 Baths

  7611 S Marshfield Ave, Chicago, IL 60620

  Investor Special or Perfect House Hack Opportunity! Welcome to 7611 S Marshfield Ave, Chicago, IL 60620 a solid 2-flat offering strong income potential and flexibility for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces with great rental appeal. The finished basement includes an additional 2 bedrooms, 1 bathroom, and a kitchen,

  Diamond Donley Compass

  7611 S Marshfield Ave, Chicago, IL 60620
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  /2

  $105,000

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft

  420 S Homan Ave Unit 3, Chicago, IL 60624

  Beautiful well maintained condo in East Garfield Park area. Original owners since the conversion of the units in 2004. This third floor unit has hardwood flooring in the hall, kitchen and dining area. Kitchen has oak cabinets with marble counter tops, stainless steel appliances with double bowl stainless steel sink. Unit has an intercom and security system, individual furnace, large deck and one

  Gwendolyn Weatherspoon Galewood Better Realty Partners, LLC

  420 S Homan Ave Unit 3, Chicago, IL 60624
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  /2

  $109,900

  • Land
  • 0 Sq Ft

  4642 S Indiana Ave, Chicago, IL 60653

  Great OVERSIZED Lot in a Great Location!!! New Construction all around!!

  Jerry Tadrof City Suburban Real Estate of IL, Inc.

  4642 S Indiana Ave, Chicago, IL 60653
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  /23

  $175,000

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

  3021 S Michigan Ave Unit 406, Chicago, IL 60616

  Bright, spacious 2-bedroom, 2-bath condo in Bronzeville's sought-after South Commons community. This updated home features sleek laminate wood flooring throughout, a modern kitchen with stainless steel appliances that opens to the dining room area, and dramatic floor-to-ceiling windows that flood the space with natural light. Both bathrooms are recently remodelled with ceramic tiles around. Enjoy

  Vicky Silvano Real Broker LLC

  3021 S Michigan Ave Unit 406, Chicago, IL 60616
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  /18

  $160,900

  • 5 Beds
  • 2 Baths

  7530 S Eggleston Ave, Chicago, IL 60620

  Don't let this great opportunity pass you by!! Here's a great rehab project for both the seasoned rehabber/investor and owner-occupants! Two flat brick building, in the Greater Grand Crossing neighborhood. This large 2 unit building has 3 bedrooms on 1st floor and 2 bedrooms on 2nd floor, along with a full basement, large backyard and side drive, all close to transportation, schools, parks, and

  Ryan Cherney Circle One Realty

  7530 S Eggleston Ave, Chicago, IL 60620
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  /5

  $100,000

  • Land
  • 0 Sq Ft

  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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  /31

  $160,000

  • 3 Beds
  • 2.5 Baths
  • 2,000 Sq Ft

  7321 S South Shore Dr Unit 5A, Chicago, IL 60649

  Live an enchanted lakefront life in this beautiful 3-bedroom, 3-bath corner unit at the iconic Windsor Beach - a rare blend of 1920's glamour and sophistication. With incredible lakefront views, this unit is spectacular. Designed by renowned architect Robert S. DeGolyer for Chicago's well-heeled families, this coveted "A" tier home offers dramatic views of Lake Michigan from nearly every room. A

  Derek Walvoord Exit Strategy Realty / EMA Management

  7321 S South Shore Dr Unit 5A, Chicago, IL 60649
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  /2

  $150,000

  • Land
  • 0 Sq Ft

  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

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