Most Affordable Homes for Sale in Chicago, IL Right Now
Last updated: July 30, 2025
Chicago has a median home sale price of $402K, a 4.3% increase from last year. Homes stay on the market for an average of 49 days and receive an average of 3 offers.
About this home
outstanding investment opportunity to invest in Historic West Pullman bring your vision to this huge 5 bed 2 bath home on a huge double lot Property sold AS-IS
About this home
GREAT CONDITION 2 BEDROOM CONDO FOR SALE. THIS UNIT HAS UPDATED FLOOR, COUNTER TOP AND IS READY TO MOVE IN OR RENT OUT AND GET INCOME. CASH DEALS ONLY
About this home
Great opportunity to own a condo on the 3rd floor. Easily unwind in any of the bedrooms. Oversized living room great for entertaining or relaxing. Classic hardwood floors throughout. This is a 3rd floor walk-up with no elevator. Parking available in the rear of the building but garage is in disrepair. Condo and garage sold as is. Conveniently located near food, shopping, schools, Lake Shore Drive, the highway, and all of the convenience Stony Island Ave has to offer.
About this home
Five bedroom home needs a full rehab. Great space with 2 bathrooms and a full, unfinished basement. Sold as is. No survey provided.
About this home
Savvy Investors 1-bedroom condo, perfectly situated in Chicago's South Shore neighborhood. Just steps from Lake Michigan, Rainbow Beach, and Arthur Ashe Beach Park, and only minutes from Hyde Park and downtown - location doesn't get much better. Low maintenance, heat and water included, with on-site coin laundry and private storage. Whether you're buying your first home or expanding your investment portfolio, this property is move-in ready and rental-friendly. Great price. Great location. Great opportunity. Proof of funds required with all offers. Picture coming soon. Unit needs work, wall and floor repairs needed.
About this home
Investor special! This 3,750 sq ft lot offers a rare opportunity in Chicago's South Chicago neighborhood. The property currently includes a fire-damaged single-family home, making it ideal for a complete teardown and redevelopment. Zoned residential Located just minutes from Rainbow Beach, the lakefront, and a short drive to Hyde Park and the Museum of Science and Industry, this spot offers easy access to both natural beauty and cultural hubs. Public transit options and major roadways nearby make commuting straightforward. Whether you're aiming to build a new home or add to your investment portfolio, this affordable lot provides strong potential in a growing community.
About this home
5 bedroom 2 bath home set up for related living. Main floor has 3 bedrooms, dining room, 1 bath with a kitchen and the second floor has 2 bedrooms Livingroom , dining room , kitchen and bath . Repairs are needed but it will make someone with a larger family a great home once repairs are done. Property is being sold as-is. No survey provided.
About this home
SPACIOUS BUNGALOW WITH A TON OF POTENTIAL! FORMAL LIVING ROOM AND DINING ROOM, THREE BEDROOMS AND ONE BATH. Needs a gut rehab. Sold as is. No survey provided.
About this home
Nice starter home with modern kitchen and bathroom. Hardwood floors throughout. Full unfinished basement with newer hot water heater and furnace. Three good sized bedrooms. Side drive. Sold as is. No survey provided.
About this home
Calling All Investors and Flippers! This 3-bedroom, 1.5-bath property is available as a wholesale deal. The home requires a full renovation, making it a perfect opportunity for investors looking to add value and maximize returns. Cash or Hard Money Only - Serious inquiries only. Licensed Broker's Interest in the Property. Buyer responsible for buyer and seller closing costs
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