Homes for sale under $250k in Chicago, IL

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ABOUT THIS HOME
Homes for sale under $250k in Chicago, IL
Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

$249,000

4 beds2 baths1,296 sq ft

8035 S Oglesby Ave, Chicago, IL 60617

2 garage spots • Built 1925 • Listed 273 days

ABOUT THIS HOME
Homes for sale under $250k in Chicago, IL
Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

$249,000

2 beds2 baths960 sq ft

12511 S State St, Chicago, IL 60628

2 garage spots • Built 1941 • Listed 274 days

ABOUT THIS HOME
Homes for sale under $250k in Chicago, IL
When Every Dollar Counts! Remodeled and Ready for New Owner! Two spacious apartments in this Building. 1st floor 6 rooms, 3 bedrooms, 1.5 baths, eat-in kitchen, formal dining room, hardwood floors and furnace replaced 2025. 2nd floor 3 bedrooms, 2 baths with the master bedroom own bath & walking closet, modern eat-in kitchen with new appliances and , ac unit 2025 included, Laminated floors, all separate utilities, central heating & air condition for each unit. Flat roof tear off 5 years old. Why not Start Building Equity Today!

$249,000

6 beds3.5 baths— sq ft

3039 E 97th St, Chicago, IL 60617

Remodeled • Formal dining room • Eat-in kitchen

$249,000

3 beds2 baths1,251 sq ft

9018 S Brandon Ave, Chicago, IL 60617

Open floor plan • Finished attic • Three lots

ABOUT THIS HOME
Homes for sale under $250k in Chicago, IL
Welcome to 12230 S. Throop-where exceptional craftsmanship meets modern comfort. Located on a tree lined block. This home was renovated with intention-no expense was spared in the items that matter making it the perfect blend of style, comfort, and QUALITY. Everything is new from top to bottom including roof, concrete, windows, plumbing, electrical, tank-less water heater, flooring, HVAC, drain tile + MUCH MORE. The fully finished basement offers a full bathroom, laundry area, additional bedroom, and storage. Galley style chef kitchen with soft-close cabinets & SS appliances. This is truly a worry-free home with updates that add both curb appeal and peace of mind. Every detail has bee

$249,000

3 beds2 baths— sq ft

12230 S Throop St, Chicago, IL 60643

Soft-close cabinets • Easy access to i-94 • Ss appliances

Property at 11349 S Saint Lawrence Ave Unit ROWHSE, Chicago, IL 60628, 3 beds, 1 bath

$249,000

3 beds1 bath1,096 sq ft

11349 S Saint Lawrence Ave Unit ROWHSE, Chicago, IL 60628

Property at 200 N Dearborn St #3508, Chicago, IL 60601, 1 bed, 1 bath

$249,000

1 bed1 bath— sq ft

200 N Dearborn St #3508, Chicago, IL 60601

Property at 5146 S Mozart St, Chicago, IL 60632, 4 beds, 2 baths

$249,000

4 beds2 baths1,200 sq ft

5146 S Mozart St, Chicago, IL 60632

Property at 1 E 114th St, Chicago, IL 60628, 6 beds, 3 baths

$249,000

6 beds3 baths— sq ft

1 E 114th St, Chicago, IL 60628

Property at 9202 S Lafayette Ave, Chicago, IL 60620, 3 beds, 2 baths

$249,000

3 beds2 baths2,300 sq ft

9202 S Lafayette Ave, Chicago, IL 60620

Property at 2501 W Bryn Mawr Ave #201, Chicago, IL 60659, 2 beds, 1 bath

$249,000

2 beds1 bath800 sq ft

2501 W Bryn Mawr Ave #201, Chicago, IL 60659

Property at 1413 N Long Ave, Chicago, IL 60651, 4 beds, 2 baths

$249,000

4 beds2 baths1,500 sq ft

1413 N Long Ave, Chicago, IL 60651

Property at 11925 S Lafayette Ave, Chicago, IL 60628, 4 beds, 2 baths

$248,999

4 beds2 baths1,650 sq ft

11925 S Lafayette Ave, Chicago, IL 60628

Property at 1550 N Lake Shore Dr Unit 32C, Chicago, IL 60610, 1 bed, 1 bath

$248,999

1 bed1 bath800 sq ft

1550 N Lake Shore Dr Unit 32C, Chicago, IL 60610

Property at 10617 S Wentworth Ave, Chicago, IL 60628, 6 beds, 3 baths

$248,000

6 beds3 baths1,800 sq ft

10617 S Wentworth Ave, Chicago, IL 60628

Property at 1464 S Michigan Ave #1008, Chicago, IL 60605, 1 bed, 1 bath

$248,000

1 bed1 bath— sq ft

1464 S Michigan Ave #1008, Chicago, IL 60605

Property at 7707 W Irving Park Rd #303, Chicago, IL 60634, 2 beds, 2 baths

$247,500

2 beds2 baths1,122 sq ft

7707 W Irving Park Rd #303, Chicago, IL 60634

Property at 7949 S Manistee Ave, Chicago, IL 60617, 3 beds, 1.5 baths

$247,000

3 beds1.5 baths1,900 sq ft

7949 S Manistee Ave, Chicago, IL 60617

Property at 4929 S Kedvale Ave, Chicago, IL 60632, 2 beds, 1 bath

$247,000

2 beds1 bath960 sq ft

4929 S Kedvale Ave, Chicago, IL 60632

Property at 10749 S State St, Chicago, IL 60628, 4 beds, 2 baths

$246,500

4 beds2 baths— sq ft

10749 S State St, Chicago, IL 60628

Property at 4652 N Saint Louis Ave Unit 3E, Chicago, IL 60625, 2 beds, 1 bath

$246,499

2 beds1 bath— sq ft

4652 N Saint Louis Ave Unit 3E, Chicago, IL 60625

Property at 8512 S Manistee Ave, Chicago, IL 60617, 4 beds, 2 baths

$245,900

4 beds2 baths1,139 sq ft

8512 S Manistee Ave, Chicago, IL 60617

Property at 100 E Walton St Unit 33A, Chicago, IL 60611, 1 bed, 1 bath

$245,000

1 bed1 bath— sq ft

100 E Walton St Unit 33A, Chicago, IL 60611

Property at 10317 S Peoria St, Chicago, IL 60643, 4 beds, 2 baths

$245,000

4 beds2 baths840 sq ft

10317 S Peoria St, Chicago, IL 60643

Property at 6453 N Northwest Hwy Unit 2C, Chicago, IL 60631, 2 beds, 2 baths

$245,000

2 beds2 baths1,100 sq ft

6453 N Northwest Hwy Unit 2C, Chicago, IL 60631

Property at 200 N Dearborn St #3905, Chicago, IL 60601, 1 bed, 1 bath

$245,000

1 bed1 bath755 sq ft

200 N Dearborn St #3905, Chicago, IL 60601

Property at 3113 W Warren Blvd #401, Chicago, IL 60612, 3 beds, 2 baths

$245,000

3 beds2 baths1,300 sq ft

3113 W Warren Blvd #401, Chicago, IL 60612

Property at 5731 S Hoyne Ave, Chicago, IL 60636, 4 beds, 3 baths

$245,000

4 beds3 baths1,556 sq ft

5731 S Hoyne Ave, Chicago, IL 60636

Property at 1615 W Touhy Ave Unit 2N, Chicago, IL 60626, 2 beds, 2 baths

$245,000

2 beds2 baths— sq ft

1615 W Touhy Ave Unit 2N, Chicago, IL 60626

Property at 4340 W Jackson Blvd, Chicago, IL 60624, 8 beds, 4 baths

$245,000

8 beds4 baths— sq ft

4340 W Jackson Blvd, Chicago, IL 60624

Property at 9351 S Manistee Ave, Chicago, IL 60617, 3 beds, 2 baths

$245,000

3 beds2 baths1,360 sq ft

9351 S Manistee Ave, Chicago, IL 60617

Property at 8145 S Cottage Grove Ave, Chicago, IL 60619

$245,000

— beds— baths3,125 sq ft

8145 S Cottage Grove Ave, Chicago, IL 60619

$245,000

13 beds9 baths2,950 sq ft

8125-27 S Exchange Ave, Chicago, IL 60617

Property at 3900 N Pine Grove Ave #910, Chicago, IL 60613, 1 bed, 1 bath

$245,000

1 bed1 bath— sq ft

3900 N Pine Grove Ave #910, Chicago, IL 60613

Property at 11317 S Champlain Ave, Chicago, IL 60628, 2 beds, 1.5 baths

$245,000

2 beds1.5 baths1,088 sq ft

11317 S Champlain Ave, Chicago, IL 60628

Property at 2604 W 23rd Pl, Chicago, IL 60608, 4 beds, 2 baths

$245,000

4 beds2 baths— sq ft

2604 W 23rd Pl, Chicago, IL 60608

Property at 9225 S Emerald Ave, Chicago, IL 60620, 3 beds, 1.5 baths

$245,000

3 beds1.5 baths1,045 sq ft

9225 S Emerald Ave, Chicago, IL 60620

Property at 5330 S California Ave, Chicago, IL 60632, 2 beds, 2 baths

$245,000

2 beds2 baths900 sq ft

5330 S California Ave, Chicago, IL 60632

Property at 1122 W Catalpa Ave #502, Chicago, IL 60640, 1 bed, 1 bath

$245,000

1 bed1 bath— sq ft

1122 W Catalpa Ave #502, Chicago, IL 60640

Property at 6619 N Sheridan Rd #401, Chicago, IL 60626, 1 bed, 2 baths

$245,000

1 bed2 baths1,000 sq ft

6619 N Sheridan Rd #401, Chicago, IL 60626

Property at 4643 W Monroe St, Chicago, IL 60644, 6 beds, 2 baths

$245,000

6 beds2 baths— sq ft

4643 W Monroe St, Chicago, IL 60644

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Based on information submitted to the MLS GRID as of Sat Nov 29 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $250k in Chicago

There are currently 1693 homes for sale under $250k in Chicago. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Chicago stay on the market for 56 days and receive 3 offers. Popular neighborhoods include Lincoln Park, Lake View, Beverly, Logan Square, and West Loop. This map is refreshed with the newest listings in Chicago every 15 minutes.

In the past month, 2107 homes have been sold in Chicago. In addition to houses in Chicago, there were also 4639 condos, 315 townhouses, and 1623 multi-family units for sale in Chicago last month. Chicago is a fairly walkable city in Cook County with a Walk Score of 77. Chicago is home to approximately 2,691,070 people and 1,261,210 jobs. Find your dream home in Chicago using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Chicago are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Chicago. Our Chicago real estate stats and trends will give you more information about home buying and selling trends in Chicago. If you're looking to sell your home in the Chicago area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Chicago with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $250k in Chicago, IL

Homes for sale under $250k in Chicago

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