Chicago, IL Homes for Sale under $200,000

• 

  

  

  /17

  $164,900

  • 6 Beds
  • 2 Baths

  5533 S Princeton Ave, Chicago, IL 60621

  This solid 2-unit property is being sold as-is and offers great potential for investors or owner-occupants. Each unit features 3 spacious bedrooms, providing plenty of living space and rental income potential. The property is secured with a gated front fence and offers a great-sized yard, perfect for outdoor enjoyment or additional improvements. With some updates and personal touches, this

  Michael Scola RE/MAX Partners

  5533 S Princeton Ave, Chicago, IL 60621
• 

  

  /2

  $144,900

  • 3 Beds
  • 1 Bath
  • 958 Sq Ft

  7837 S King Dr, Chicago, IL 60619

  Calling all investors and first time homebuyers looking for a small project to complete. Investor Special! Value-Add Opportunity with Strong Upside. Welcome home. Located on historic S King Drive, this 3-bedroom, 1-bath home presents a prime opportunity for investors, house-hackers, or first-time buyers looking for a manageable project with solid return potential. The property features a

  Deonte Barbee Real Broker LLC

  7837 S King Dr, Chicago, IL 60619
• 

  

  /2

  $157,000

  • Land
  • 0 Acre

  1100 S Menard St, Chicago, IL 60644

  Attention Developers! 8750 sq ft. rarely available, 2 oversized paved & fenced lots at 1100 & 1104 S. Menard 70 ft x 125 ft. blocks from Oak Park & expressway, across from school & hospital. Also ideal for contractors yard!

  Frank Christiano Skydan Real Estate Sales, LLC

  1100 S Menard St, Chicago, IL 60644
• 

  

  

  /24

  $100,000

  • 4 Beds
  • 2 Baths
  • 1,881 Sq Ft

  6641 S Marshfield Ave, Chicago, IL 60636

  This jumbo all brick single family home was being used as a non-conforming two unit and has an amazing layout with tons of upside! Hard to find a 4-bedroom brick home in this market for this value and best believe this home will not last long! ON the interior you will love the character and charm the expansive floor plan offers, with hardwood floors throughout the main level, natural wood trim

  Ryan Smith RE/MAX Premier

  6641 S Marshfield Ave, Chicago, IL 60636
• 

  

  

  /14

  $115,000

  • 4 Beds
  • 1 Bath
  • 1,298 Sq Ft

  9021 S Exchange Ave, Chicago, IL 60617

  Single Family 4 bedrooms, 1 bath home. Updates in 2019 include kitchen, baths, - ceramic tile floors, cabinets, sinks, laminate countertops, vanity and lighting. Laminate hardwood floors in living room and carpet in bedrooms. Good long standing CHA Tenant. CALLING ALL INVESTORS LOOKING FOR RESIDUAL INCOME.

  Damaris Santiago Manage Chicago, Inc.

  9021 S Exchange Ave, Chicago, IL 60617
• 

  /2

  $125,000

  • Land
  • 0 Acre

  707 S California Ave, Chicago, IL 60612

  Unlock the potential of this strategically located commercial lot offering exceptional visibility and accessibility. This B3-2 zoned parcel is suitable for a variety of commercial ventures, including retail store, office building, restaurant, grocery store, or mixed-use development. Adjacent lots 709 & 711 S California are also for sale allowing for a larger building or for a parking lot.

  Renata Gomes Carneiro World One Realty

  707 S California Ave, Chicago, IL 60612
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  /10

  $175,000

  • 1 Bed
  • 1 Bath

  2424 W Estes Ave Unit 3B, Chicago, IL 60645

  Discover tranquil living in this bright one-bedroom, one-bath condo featuring serene courtyard views in the desirable West Ridge neighborhood. This well-appointed unit offers the perfect blend of comfort and convenience with in-unit laundry, generous closet space, and a large storage unit for all your needs. Located in a pet-friendly elevator building that welcomes investors, this home sits steps

  Rebecca Lavin @properties Christie's International Real Estate

  2424 W Estes Ave Unit 3B, Chicago, IL 60645
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  /6

  $145,000

  • Land
  • 0 Acre

  6052 S Rhodes Ave, Chicago, IL 60637

  Three Residential Units may be possible with this zoning! Prime Development Opportunity in rapidly redeveloping Woodlawn at 6052 South Rhodes. Exceptional opportunity to acquire a large corner lot (approx. 10,418 sq. ft.), with 125 Feet of Frontage on 61st Street and 83 Feet on Rhodes, just steps from 383-acre Washington Park, and less than half a mile from the University of Chicago. With a

  Wayne Beals Exit Strategy Realty / EMA Management

  6052 S Rhodes Ave, Chicago, IL 60637
• 

  

  /21

  $165,000

  • 3 Beds
  • 1 Bath

  8111 S Manistee Ave, Chicago, IL 60617

  Charming oversized brick bungalow with plenty of character, waiting for its new owners. Located on a quiet block in the South Chicago neighborhood, this home is perfect for first-time buyers or investors alike. Featuring original hardwood floors throughout, the residence offers 3 bedrooms and a separate kitchen area, along with a full bathroom on the main level. The attic includes a spacious

  Xiomara Maldonado North Clybourn Group, Inc.

  8111 S Manistee Ave, Chicago, IL 60617
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  /3

  $139,000

  • 1 Bed
  • 1 Bath
  • 600 Sq Ft

  7035 N Sheridan Rd Unit G, Chicago, IL 60626

  East Rogers Park's coveted corner of Sheridan and Greenleaf is where this nice cozy one bedroom is located. Just a few minutes walk and you can take the 147 bus that will take you to downtown Chicago. A few blocks is the red line that's connected to Chicago's train system famously called the "L". This location is also a minute away from the bike path that will connect you to the Lakefront Trail.

  Monina Canete Guidance Realty

  7035 N Sheridan Rd Unit G, Chicago, IL 60626
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  /2

  $165,900

  • 6 Beds
  • 2 Baths

  11825 S State St, Chicago, IL 60628

  This two flat style single family home offers 3 bedrooms and 2 bathrooms with approximately 2408 square feet of living space on a 0.08 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The buyer has the right to select their own title and closing company or may use the

  Anthony Disano Parkvue Realty Corporation

  11825 S State St, Chicago, IL 60628
• 

  

  /17

  $184,900

  • 4 Beds
  • 2 Baths
  • 1,205 Sq Ft

  1820 W Marquette Rd, Chicago, IL 60636

  Beautiful recently rehabilitated property with a lot size of 3,564 square feet. It features a detached garage for one car and two on-site parking spaces. The exterior is made of Masonite, with a construction area of 1,205 square feet. The property includes four bedrooms, one of which is located in the basement, and two full bathrooms. It also has a fully finished basement. A great opportunity!

  Andres Olaez Keller Williams ONEChicago

  1820 W Marquette Rd, Chicago, IL 60636
• 

  

  /19

  $191,900

  • 9 Beds
  • 4 Baths

  10230 S Yates Blvd, Chicago, IL 60617

  Calling all Landlords!!! Looking for an income property? Here's a 3-unit building! TENANT OCCUPIED! Units 1 and 2 have 3 beds 1 bath. Unit 3 has 2 beds and 1 bath. Each unit has a refrigerator & stove and each has their own separate heat, electrical, hot water heaters. Full unfinished basement accessible to all 3 units and has a bathroom. There is a 2 car carport in the back of the house off the

  Frank Montro Keller Williams Preferred Rlty

  10230 S Yates Blvd, Chicago, IL 60617
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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
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  /35

  $109,000

  • 4 Beds
  • 2 Baths

  2014 W 52nd St, Chicago, IL 60609

  Estate sale-Investor Special! Two-story, 2-unit property, each unit offering 2 bedrooms. The first-floor unit is currently habitable, providing an immediate opportunity for rental income. The second-floor unit requires renovation, with the kitchen and bathroom fully demoed-a perfect blank slate for your vision. Bedrooms on the second level remain in good condition. This property offers strong

  Carlos Matos Core Realty & Investments Inc.

  2014 W 52nd St, Chicago, IL 60609
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  /36

  $195,000

  • 3 Beds
  • 1 Bath
  • 987 Sq Ft

  7041 S Throop St, Chicago, IL 60636

  Discover a well-maintained 3-bedroom single-family home thoughtfully updated and brimming with potential. Inside, fresh finishes, new fixtures, and a bright, welcoming layout mix the charm of a classic home with modern touches. The large, versatile backyard invites year-round enjoyment-imagine summer barbecues, a play area, garden beds, or a patio oasis. A partially finished basement is already

  J. Alday Realty of America, LLC

  7041 S Throop St, Chicago, IL 60636
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  /2

  $185,000

  • Land
  • 0.07 Acre
  • $2,642,857 per Acre

  3713 S Damen Ave, Chicago, IL 60609

  Vacant city lot. 25 x 125. Parking slab in back for 2 cars. Fenced in. Mature foliage and a nice size evergreen tree in the front of the yard. I have architectural plans for a 4 story 3 unit condo building for 3711 s. damen. The plans were done in 2005 and just need to be re-certified and updated, which would be cheaper than getting all new plans. Property over looking McKinley park

  Sandra Wright ELLSBURY GROUP LLC

  3713 S Damen Ave, Chicago, IL 60609
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  /6

  $199,900

  • 5 Beds
  • 2 Baths

  212 N Leamington Ave, Chicago, IL 60644

  2 flat Graystone in Austin Area with 3 bedrooms on 2nd floor, 2 bedrooms on 1st floor, 5 minutes to I-290 expressway. This is a once in a lifetime investment opportunity. Solid 2 flat would make this a remarkable fix and fip candidate / Come and make an offer and have this be your autumn project! Property is being sold occupied / Please Do not disturb Occupants / being sold in AS IS condition /

  Michael Olszewski Area Wide Realty

  212 N Leamington Ave, Chicago, IL 60644
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  /6

  $137,000

  • 1 Bed
  • 1 Bath
  • 785 Sq Ft

  880 N Lake Shore Dr Unit 3, Chicago, IL 60611

  Enjoy life in this iconic landmarked Mies Van Der Rohe Co-op building on Lake Shore Drive. Contemporary, minimalist design of glistening glass with stunning city views of the John Hancock in this spacious one bedroom and one bath corner unit will inspire you. There is a large bedroom suite with a beautiful mirrored wall of closets. Open dining area leads to an extra large living room with floor

  Velda Davino Chicago Real Estate & Property Management LLC

  880 N Lake Shore Dr Unit 3, Chicago, IL 60611
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  /18

  $105,000

  • 3 Beds
  • 1.5 Baths
  • 1,771 Sq Ft

  8731 S Throop St, Chicago, IL 60620

  Auburn Gresham opportunity to bring this property-- basement access entry/exit)---back to its original glory with just a good effort if you are a savvy/amateur handyman. Property with a garage. Home needs work to bring this GEM back to life. This well-built brick home in need of new owner, great back yard, a new remodeling project could happen in Holus-Bolus to make it all New Great Again...!

  Johnny Salazar GlobalOne Realty

  8731 S Throop St, Chicago, IL 60620
• 

  

  /15

  $190,000

  • 4 Beds
  • 2 Baths

  4722 S Ada St, Chicago, IL 60609

  Well-maintained 2-UNIT PROPERTY with a FINISHED ATTIC in a CONVENIENT CHICAGO LOCATION. Enjoy easy access to I-90/94 (Dan Ryan Expressway) and I-55 (Stevenson Expressway), making commuting throughout Chicago and surrounding areas simple. The property is also close to PUBLIC TRANSPORTATION, shopping, dining, and everyday necessities, while being MINUTES FROM THE CITY. The finished attic provides

  Xochil Wendy Escobar Realty of America, LLC

  4722 S Ada St, Chicago, IL 60609
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  /12

  $126,500

  • 3 Beds
  • 2 Baths
  • 1,000 Sq Ft

  7554 S Saint Lawrence Ave, Chicago, IL 60619

  Investor Special - Prime Location Near 75th & St. Lawrence, Chicago! Attention investors and rehabbers - this two-bedroom, one-bath Chicago bungalow is ready for your vision! Situated just off 75th and St. Lawrence, this property is perfectly positioned near major expressways, shopping, and historic landmarks, making it an incredible opportunity for those looking to take advantage of Chicago's

  Matricia Jackson Keller Williams Preferred Rlty

  7554 S Saint Lawrence Ave, Chicago, IL 60619
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  /26

  $159,000

  • 1 Bed
  • 1 Bath
  • 750 Sq Ft

  6301 N Sheridan Rd Unit 23N, Chicago, IL 60660

  Just pay electric for this Very cool unit on higher floor with awesome views (east & north). Extremely sunny and bright unit. This spacious unit has been freshly painted with neutral colors! Amazing kitchen with contemporary designer cabinets! Cool splash guard and stainless-steel appliances including dishwasher and Microwave. GRANITE Countertop open concept, the kitchen was opened for more views

  Misael Chacon Beycome brokerage realty LLC

  6301 N Sheridan Rd Unit 23N, Chicago, IL 60660
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  /16

  $189,500

  • 1 Bed
  • 1 Bath
  • 800 Sq Ft

  720 W Gordon Terrace Unit 12A, Chicago, IL 60613

  Buena Park 1 bed/1 bath condo in a full-amenity building, with 24-hour doorperson, exercise facilities, deck/grill area, and rooftop pool. Unit features stainless steel appliances, huge living room, oversized bedroom, hardwood floors in living room and hallways, and plenty of closets. Close to the lake, Montrose Beach/Park, and CTA Red Line station. Ideal neighborhood with great shops and

  Cesar Gallegos Century 21 S.G.R., Inc.

  720 W Gordon Terrace Unit 12A, Chicago, IL 60613
• 

  

  /3

  $199,000

  1836 W Marquette Rd, Chicago, IL 60636

  Welcome to this value-add 12-unit investment opportunity in West Englewood! This yellow-brick building features 1 bedroom and 1 bathroom in each unit and will require a full-renovation for experienced investors and developers. This property is ideally suited for a complete rehab to unlock significant upside through repositioning, rent growth, and long-term cash flow. With a full renovation,

  Rashauna Scott Keller Williams ONEChicago

  1836 W Marquette Rd, Chicago, IL 60636
• 

  

  /3

  $169,600

  • 3 Beds
  • 1 Bath
  • 1,312 Sq Ft

  8607 S King Dr, Chicago, IL 60619

  Listing price $169,600 The seller does not represent or guarantee occupancy status. NO viewings of this property. Please DO NOT DISTURB the occupant. Drive by only. Bungalow style home. 3 bedrooms and 1 bathroom. AS IS, cash only sales with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. Property sold without contingencies,

  Val Laborevitch Realhome Services & Solutions, Inc.

  8607 S King Dr, Chicago, IL 60619
• 

  

  /14

  $129,900

  • 3 Beds
  • 1 Bath
  • 920 Sq Ft

  8732 S Buffalo Ave, Chicago, IL 60617

  One story frame bungalow in good condition. It is ideally located minutes from Downtown Chicago via the Metra train or Lake Shore Drive. The basement has full height ceilings and double exits.

  Rigoberto Garcia Grinker & Garcia Real Estate

  8732 S Buffalo Ave, Chicago, IL 60617
• 

  /2

  $125,000

  • 3 Beds
  • 1 Bath
  • 958 Sq Ft

  12115 S Emerald Ave, Chicago, IL 60628

  Great cash flow opportunity, $1,484 monthly gross(HCV)..Part of an eight property portfolio consisting of 6 sgl fam, 2 two units, all with good cash flow

  Kuchambi Myhand Manage Chicago, Inc.

  12115 S Emerald Ave, Chicago, IL 60628
• 

  

  /3

  $125,000

  • Land
  • 0.19 Acre
  • $657,895 per Acre

  11241 S Michigan Ave, Chicago, IL 60628

  1241 S Michigan is an 8,208 SF land site with frontage on Michigan Ave. The property is located steps to the Metra Station and just blocks away from the proposed CTA Red Line Expansion Project. While the current zoning is allocated for manufacturing or industrial use, the Roseland Chamber of Commerce would entertain a zoning change for the right Retail business.

  Angelo Labriola Sperry Van Ness

  11241 S Michigan Ave, Chicago, IL 60628
• 

  /2

  $189,000

  • Land
  • 0 Acre

  1308-14 S Central Ave, Chicago, IL 60804

  CALLING ALL BUILDERS AND DEVELOPERS!!! 4 CONTINUOUS VACANT LOTS!!! ZONED R-1. OWNER HAS PLANS!!!

  Frank Christiano Skydan Real Estate Sales, LLC

  1308-14 S Central Ave, Chicago, IL 60804
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  /7

  $128,900

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  614 E Marquette Rd, Chicago, IL 60637

  This property is a great starter home. Come with your own ideas to make it your home. Seller is motivated to sell. Property is being sold as-is.

  Emma Pearson EGP Realty Group LLC

  614 E Marquette Rd, Chicago, IL 60637
• 

  /2

  $161,950

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  2608 E 92nd St, Chicago, IL 60617

  This Georgian style single family home offers 2 bedrooms and 1 bathrooms with approximately 960 square feet of living space on a 0.12 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to

  Anthony Disano Parkvue Realty Corporation

  2608 E 92nd St, Chicago, IL 60617
• 

  

  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 850 Sq Ft

  752 E 43rd St Unit 2E, Chicago, IL 60653

  Minutes from Lake Shore Drive and steps to neighborhood conveniences, this bright and efficient 3-bed/1.5-bath condo offers excellent value for both homeowners and investors. The unit features an open-concept kitchen and living area with an oversized island that comfortably seats four-ideal for everyday living or hosting. Unit is rentable and all three bedrooms are grouped separately from the

  Jerome Lanier Keller Williams Preferred Rlty

  752 E 43rd St Unit 2E, Chicago, IL 60653
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  /23

  $199,900

  • 4 Beds
  • 2 Baths
  • 1,000 Sq Ft

  10841 S Vernon Ave, Chicago, IL 60628

  CASH FLOW FROM DAY ONE!!! This 4 bedroom 2 bath brick home is currently rented for 1,700/month with section 8 tenant in place. Tenant pays all utilities. Lease expiries on 5/31/26. Tenant would love to stay, she has been living in the property for several years now. Landlord hates to sell, very happy with tenant since she pays on time and takes good care of property but his plans have changed.

  Sergio Lara Real Broker, LLC

  10841 S Vernon Ave, Chicago, IL 60628
• 

  

  /20

  $175,000

  • 3 Beds
  • 3 Baths
  • 2,496 Sq Ft

  Unlisted Address

  This custom-built home presents a unique opportunity for buyers seeking a home with plenty of space and potential. Home features three spacious bedrooms, three bathrooms, and an expansive three-car garage, enclosed walk-In porch: The home w entryway that connects directly to the garage, living room, bedrooms, three bathrooms, and a well-appointed kitchen, downstairs to a family room, from there

  Johnnie Martin JMAR Realty Group

  Unlisted Address
• 

  

  /14

  $189,000 Pre-Foreclosure

  • 5 Beds
  • 2.5 Baths

  7744 S Rhodes Ave, Chicago, IL 60619

  Brick bungalow located in Greater Grand Crossing. Property requires rehab, and is being sold "as-is, where-is." Owner started rehab (including demo, framing, etc.) but needs to sell now. Home sits on a great block where the owners take care of their homes and has great curb appeal. Based on preliminary walkthroughs, 5 bed/2.1 bath might be your highest and best use. Room sizes and room counts are

  Gwen Newton Century 21 S.G.R., Inc.

  7744 S Rhodes Ave, Chicago, IL 60619
• 

  

  /20

  $175,000

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft

  2254 W Arthur Ave Unit 1051A, Chicago, IL 60645

  WELCOME TO OWNER-OCCUPANTS AND INVESTORS Friendly unit! MUST SEE this Warren Park 2 BED/1BATH condo, located on a quiet, tree lined street! Featuring HARDWOOD FLOORS throughout the unit with OPEN, BRIGHT KITCHEN area, GRANITE countertops & stainless steel appliances. Freshly REMODELED BATHROOM with new shower enclosure and linen closet inside. IN-UNIT WASHER/DRYER. Unit is on the first level,

  Anna Kawa arhome realty

  2254 W Arthur Ave Unit 1051A, Chicago, IL 60645
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  /10

  $112,000

  • Studio
  • 1 Bath
  • 514 Sq Ft

  4800 S Chicago Beach Dr Unit 408S, Chicago, IL 60615

  Pretty tree top views and wonderful south facing sun light create a bright and airy feel in this oversized studio condominium. With a smart, spacious layout and copious closets this apartment lives like a larger home. The large entry foyer with closet could accommodate a bookcase or seating bench. The living area is large enough to differentiate living, dining and sleeping areas. The kitchen is

  Deborah Lewis Berkshire Hathaway HomeServices Chicago

  4800 S Chicago Beach Dr Unit 408S, Chicago, IL 60615
• 

  

  /16

  $198,000

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft

  13228 S Rhodes Ave, Chicago, IL 60827

  Welcome to 13228 S Rhodes Avenue - a beautifully renovated gem located in the heart of Chicago's Riverdale community. This stunning 3- bedroom, 2-bathroom home has been thoughtfully updated in 2025 with modern finishes and timeless charm. Enjoy the warmth of hardwood floors throughout, a spacious living area featuring a sleek electric fireplace, and a stylish kitchen equipped with stainless steel

  Khadijah Davis Real Broker LLC

  13228 S Rhodes Ave, Chicago, IL 60827
• 

  /2

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,700 Sq Ft

  5352 S Paulina St, Chicago, IL 60609

  Introducing 5352 S Paulina Street, a solid 4-bedroom, 2-bath brick single-family home located in Chicago's New City community. This property offers immediate livability with the opportunity to add significant value through updates and improvements, making it ideal for an owner-occupant or an investor seeking their next portfolio addition. The main level includes two bedrooms (one smaller and

  Cassandra Sneed EXIT Strategy Realty

  5352 S Paulina St, Chicago, IL 60609

Showing Results 201 - 240, Page 6 of 17