Homes for sale under $400k in Chicago, IL

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ABOUT THIS HOME
Homes for sale under $400k in Chicago, IL
Welcome to 7948 S Dobson, a charming California-style brick-constructed building in this well-maintained multi-family property. It features eight spacious one-bedroom apartments, each boasting the exact same efficient layout designed for comfortable living and easy tenant appeal, complete with reliable baseboard heating throughout and separately metered utilities for gas and electric to ensure convenience and cost control for the owner. Seller replaced all shingles on the roof just two years ago, providing peace of mind and long-term durability, while one of the eight units has been completely remodeled, offering the next owner a chance to capture premium rents. Additionally, two dedicated

$400,000

8 beds8 baths— sq ft

7948 S Dobson Ave, Chicago, IL 60619

Efficient layout • Replaced shingles • 6,250 sq ft lot

ABOUT THIS HOME
Homes for sale under $400k in Chicago, IL
Beautifully finished 3-bedroom, 2-bath condo in the heart of Woodlawn, just steps from the University of Chicago and the Midway Plaisance Park. Sunlight fills the open-concept living area featuring hardwood floors, custom millwork, and generous natural light throughout. The living room opens to a private front balcony with views of a local community garden. The kitchen offers Bosch stainless steel appliances, granite countertops, a large eat-in island, and classic subway tile backsplash-ideal for everyday cooking and entertaining. The primary suite includes a spa-inspired bath with soaking tub, dual vanities, and separate shower, plus a walk-in closet and a second private balcony. Two addit

$400,000

3 beds2 baths— sq ft

6438 S Woodlawn Ave Unit 3N, Chicago, IL 60637

Open living spaces • Spacious balcony • Soaking tub

ABOUT THIS HOME
Homes for sale under $400k in Chicago, IL
Discover the potential of this classic brick 2-unit building in Chicago's West Garfield Park neighborhood. Each spacious unit features 3 bedrooms and 1 full bath, ideal for rental income or multigenerational living. A finished basement is also currently rented, offering additional income potential and enhancing the property's value. It is conveniently located just minutes from public transit, schools, and shopping. Whether you're a seasoned investor or first-time buyer, this is a great opportunity to build equity and cash flow!

$400,000

6 beds3 baths— sq ft

641 N Spaulding Ave, Chicago, IL 60624

Finished basement • Conveniently located • 3,750 sq ft lot

ABOUT THIS HOME
Homes for sale under $400k in Chicago, IL
A 4-unit building, brick 2-story apartment building is for sale via auction. Situated in a desirable Pilsen location within the business shopping district at 18th and Ashland Avenue, this building is currently gutted with plans to develop as four, 2 bedroom and 2 bath units with central air conditioning and in-unit washer/dryer set ups. Minutes from Medical District, 18th Street entertainment district, UIC and more. Pilsen is a neighborhood on the lower west side of Chicago. Commercial space is clustered along 18th St. as well as Ashland in this largely residential neighborhood. The 18th St. CTA Pink Line stop is a short distance away.

$400,000

8 beds8 baths— sq ft

1817 S Ashland Ave, Chicago, IL 60608

Medical district • Cta pink line stop • In-unit washer dryer

$400,000

4 beds5 baths— sq ft

7255 S Washtenaw Ave, Chicago, IL 60629

Broom closets • Ceiling fans • Pantries

Property at 7644 S Constance Ave, Chicago, IL 60649, 4 beds, 3 baths

$400,000

4 beds3 baths3,400 sq ft

7644 S Constance Ave, Chicago, IL 60649

Property at 8208 S Sacramento Ave, Chicago, IL 60652, 5 beds, 2 baths

$400,000

5 beds2 baths2,296 sq ft

8208 S Sacramento Ave, Chicago, IL 60652

Property at Sign in for address, Chicago, IL 60649, 11 beds, 7 baths

$400,000

11 beds7 baths— sq ft

Property at 520 S State St #816, Chicago, IL 60605, 2 beds, 2 baths

$400,000

2 beds2 baths1,265 sq ft

520 S State St #816, Chicago, IL 60605

Property at 1560 N Sandburg Ter Unit 4011J, Chicago, IL 60610, 2 beds, 1 bath

$400,000

2 beds1 bath— sq ft

1560 N Sandburg Ter Unit 4011J, Chicago, IL 60610

Property at 1515 S Prairie Ave #508, Chicago, IL 60605, 2 beds, 2 baths

$400,000

2 beds2 baths1,288 sq ft

1515 S Prairie Ave #508, Chicago, IL 60605

Property at 5722 S Aberdeen St, Chicago, IL 60621, 6 beds, 3 baths

$400,000

6 beds3 baths— sq ft

5722 S Aberdeen St, Chicago, IL 60621

Property at 7157 S Yale Ave, Chicago, IL 60621, 15 beds, 12 baths

$400,000

15 beds12 baths— sq ft

7157 S Yale Ave, Chicago, IL 60621

Property at 7825 S Paulina St, Chicago, IL 60620, 4 beds, 3 baths

$400,000

4 beds3 baths— sq ft

7825 S Paulina St, Chicago, IL 60620

Property at 2106 S Pulaski Rd, Chicago, IL 60623, 11 beds, 3 baths

$400,000

11 beds3 baths— sq ft

2106 S Pulaski Rd, Chicago, IL 60623

Property at 5639 S Princeton Ave, Chicago, IL 60621, 18 beds, 6 baths

$400,000

18 beds6 baths— sq ft

5639 S Princeton Ave, Chicago, IL 60621

Property at 6033 N Sheridan Rd Unit 40H, Chicago, IL 60660, 2 beds, 2 baths

$400,000

2 beds2 baths1,519 sq ft

6033 N Sheridan Rd Unit 40H, Chicago, IL 60660

Property at 7658 S Wabash Ave, Chicago, IL 60619, 5 beds, 3 baths

$400,000

5 beds3 baths3,200 sq ft

7658 S Wabash Ave, Chicago, IL 60619

Property at 401 N Wabash Ave Unit 33B, Chicago, IL 60611, 1 bath

$400,000

0 beds1 bath580 sq ft

401 N Wabash Ave Unit 33B, Chicago, IL 60611

Property at 1727 S Indiana Ave #214, Chicago, IL 60616, 2 beds, 2 baths

$399,999

2 beds2 baths1,822 sq ft

1727 S Indiana Ave #214, Chicago, IL 60616

Property at 7832 S Paxton Ave, Chicago, IL 60649, 6 beds, 2.5 baths

$399,999

6 beds2.5 baths3,300 sq ft

7832 S Paxton Ave, Chicago, IL 60649

Property at 480 N Mcclurg Ct #901, Chicago, IL 60611, 2 beds, 2 baths

$399,999

2 beds2 baths1,200 sq ft

480 N Mcclurg Ct #901, Chicago, IL 60611

Property at 5517 S University Ave #1, Chicago, IL 60637, 3 beds, 2 baths

$399,999

3 beds2 baths1,600 sq ft

5517 S University Ave #1, Chicago, IL 60637

Property at 7801 S Ada St, Chicago, IL 60620, 4 beds, 3 baths

$399,999

4 beds3 baths1,200 sq ft

7801 S Ada St, Chicago, IL 60620

Property at 1323 S 51 Ct, Cicero, IL 60804, 4 beds, 2 baths

$399,999

4 beds2 baths— sq ft

1323 S 51 Ct, Cicero, IL 60804

Property at 1028 N Lavergne Ave, Chicago, IL 60651, 5 beds, 3.5 baths

$399,999

5 beds3.5 baths2,400 sq ft

1028 N Lavergne Ave, Chicago, IL 60651

Property at 8153 S Champlain Ave, Chicago, IL 60619, 4 beds, 3 baths

$399,999

4 beds3 baths2,062 sq ft

8153 S Champlain Ave, Chicago, IL 60619

Property at 2535 W 116th Pl, Chicago, IL 60655, 4 beds, 2.5 baths

$399,999

4 beds2.5 baths1,934 sq ft

2535 W 116th Pl, Chicago, IL 60655

Property at 565 W Quincy St #711, Chicago, IL 60661, 2 beds, 2 baths

$399,999

2 beds2 baths1,280 sq ft

565 W Quincy St #711, Chicago, IL 60661

Property at 1645 W Ogden Ave #702, Chicago, IL 60612, 2 beds, 2 baths

$399,995

2 beds2 baths1,320 sq ft

1645 W Ogden Ave #702, Chicago, IL 60612

Property at 6709 W 59th St, Chicago, IL 60638, 3 beds, 1 bath

$399,990

3 beds1 bath2,280 sq ft

6709 W 59th St, Chicago, IL 60638

Property at 1317 S 51st Ave, Cicero, IL 60804, 8 beds, 3 baths

$399,950

8 beds3 baths— sq ft

1317 S 51st Ave, Cicero, IL 60804

Property at Sign in for address, Chicago, IL 60625, 3 beds, 2 baths

$399,900

3 beds2 baths1,430 sq ft

Property at 6050 S Pulaski Rd, Chicago, IL 60629

$399,900

— beds— baths— sq ft

6050 S Pulaski Rd, Chicago, IL 60629

Property at 5118 S Mobile Ave, Chicago, IL 60638, 5 beds, 2.5 baths

$399,900

5 beds2.5 baths1,200 sq ft

5118 S Mobile Ave, Chicago, IL 60638

Property at 1455 N Sandburg Ter Unit 209B, Chicago, IL 60610, 2 beds, 1 bath

$399,900

2 beds1 bath— sq ft

1455 N Sandburg Ter Unit 209B, Chicago, IL 60610

Property at 3906 W Flournoy St, Chicago, IL 60624, 7 beds, 2 baths

$399,900

7 beds2 baths— sq ft

3906 W Flournoy St, Chicago, IL 60624

Property at 1600 S Prairie Ave #904, Chicago, IL 60616, 2 beds, 2 baths

$399,900

2 beds2 baths1,226 sq ft

1600 S Prairie Ave #904, Chicago, IL 60616

Property at 3649 N Overhill Ave, Chicago, IL 60634, 5 beds, 2 baths

$399,900

5 beds2 baths1,310 sq ft

3649 N Overhill Ave, Chicago, IL 60634

Property at 3329 S Racine Ave, Chicago, IL 60608, 3 beds, 2 baths

$399,900

3 beds2 baths— sq ft

3329 S Racine Ave, Chicago, IL 60608

Property at 1640 W Ohio St Unit 1R, Chicago, IL 60622, 2 beds, 2 baths

$399,900

2 beds2 baths1,250 sq ft

1640 W Ohio St Unit 1R, Chicago, IL 60622

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Based on information submitted to the MLS GRID as of Sun Nov 30 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 $400k in Chicago

There are currently 3058 homes for sale under $400k 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 4646 condos, 313 townhouses, and 1629 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 $400k in Chicago, IL

Homes for sale under $400k in Chicago

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