Chicago Real Estate Search
Chicago Properties under $200,000 for Sale
Our website features the best real estate search for under $200,000 properties available in Chicago and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes.
You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in the Chicago real estate market? Sign up for a Chicago Real Estate Market Report to see what’s active, under contract, and sold!
Considering selling or refinancing your home? Get an INSTANT property valuation now!
Newest Chicago Properties under $200,000 for Sale
Better than new in this market. Affordability at its best. Steps to the Calumet River. A well maintained, originally 3 beds, converted to 2 large bedrooms currently and c...
- 2 Beds
- 2 Baths
- 12740215 MLS
- ACTIVE Status
Selling as is. 3 bedroom 2 bath house. Full semi finished basement (1 full bath in the basement). Needs work. Cash or hard money only. Private seller - fast closing. Brin...
- 3 Beds
- 2 Baths
- 12740087 MLS
- PRICE CHANGE Status
Opportunity in South Chicago! This Vacant Lot is 25 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739984 MLS
- ACTIVE Status
Related living 2 units, 5 bedrooms, 2 kitchens, 2 bathrooms, basement for storage. NEW ROOF. 3 beds on the main 2 beds in the upstairs unit. Tenant on 2nd floor is month ...
- 5 Beds
- 2 Baths
- 12739761 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 20 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739979 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 20 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739974 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 25 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739967 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 45 x 120 and is zoned RT-4 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739959 MLS
- ACTIVE Status
**This is a must see home!** Welcome to this solid and charming residence in the Washington Heights neighborhood! This well-maintained 2-bedroom, 1-bathroom home offers s...
- 2 Beds
- 1 Baths
- 12737837 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 25 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739952 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 25 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739832 MLS
- ACTIVE Status
INVESTOR OPPORTUNITY! Bring your vision to this full-gut renovation project offering incredible potential for an investor, rehabber, or developer. The property has been c...
- 2 Beds
- 1 Baths
- 12739566 MLS
- ACTIVE Status
Beautiful opportunity in a cozy corner of the South Deering Neighborhood and steps away from Bradley Park and 97th Street. This two story home sits on a well kept street ...
- 2 Beds
- 1 Baths
- 12734188 MLS
- ACTIVE Status
Welcome to this bright and inviting 1-bedroom, 1-bath condo located in a quiet, secure, and well-maintained community. With desirable east and south exposures, the home e...
- 1 Beds
- 1 Baths
- 12736347 MLS
- ACTIVE Status
- South Commons Bldg.
None
- 12739827 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 25 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739817 MLS
- ACTIVE Status
This wonderful property is just bursting with classic charm, beautiful natural light, and a lovely, spacious layout that's perfect for modern living! It's such a fantasti...
- 2 Beds
- 2 Baths
- 12739645 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 25 x 120 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739664 MLS
- ACTIVE Status
Beautifully Updated 1-Bedroom Condo in the Heart of Rogers Park! Ideally situated on the southwest corner overlooking the expansive green space of Pottawattomie Park, thi...
- 1 Beds
- 1 Baths
- 12739640 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 20 x 125 and is zoned RS-3 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739621 MLS
- ACTIVE Status
Opportunity in South Chicago! This Vacant Lot is 35 x 125 and is zoned RT-4 This location is ideal for development, Block Clubs, and Community Gardens in a rapidly develo...
- 12739587 MLS
- ACTIVE Status
Fresh, light-filled, and thoughtfully arranged, this two-bedroom, one-bath condominium offers an approachable opportunity to own in a classic brick courtyard building. Th...
- 2 Beds
- 1 Baths
- 12739579 MLS
- ACTIVE Status
Great investment opportunity on Chicago's West Side! This property offers strong potential for rehab or redevelopment and is ideal for investors or buyers looking to add ...
- 4 Beds
- 1 Baths
- 12739478 MLS
- ACTIVE Status
BANK OWN PROPERTY. GOOD LOCATION FOR ANY BUSINESS. SOLD AS IS CONDITIONS.
- 12739471 MLS
- ACTIVE Status
AMAZING OPPORTUNITY FOR YOUR NEXT INVESTMENT PROJECT! This spacious bungalow offers tons of potential and has already had some major work completed. The roof and gutters ...
- 4 Beds
- 3 Baths
- 12738507 MLS
- ACTIVE Status
ATTENTION INVESTORS, ENTREPRENEURS & VISIONARIES! Bring your ideas and unlock the potential of 7100 S Morgan Street. This value-add commercial property is currently divid...
- 12737856 MLS
- ACTIVE Status
INVESTOR/HANDYMAN SPECIAL! CHATHAM! BRICK HOME WITH 3 BEDROOMS AND A HUGE DEN ADDITION! CONVENIENT LIVING SPACE ALL ON ONE LEVEL! CORPORATE OWNED, SOLD AS-IS, CASH ON...
- 3 Beds
- 1 Baths
- 12739099 MLS
- ACTIVE Status
Investors, are you looking for a flip opportunity? How about a long-term rental? Renters, or anybody that wants to live the dream of being an owner-occupant, THIS maybe...
- 2 Beds
- 1 Baths
- 12739029 MLS
- ACTIVE Status
Welcome to 8533 S. Manistee Ave., a spacious 5-bedroom, 3-bathroom Chicago property offering an exciting opportunity for investors, house hackers, or buyers ready to crea...
- 5 Beds
- 3 Baths
- 12738976 MLS
- ACTIVE Status
Lovely split-level home featuring 3 bedrooms, a finished lower level, and a large lot. Situated on a beautiful, quiet block, this home offers plenty of space and potentia...
- 3 Beds
- 2 Baths
- 12738809 MLS
- ACTIVE Status
Rarely available and fabulous Investor friendly opportunity!! This one-bedroom has views of the lakefront and Belmont Harbor. Exceptionally maintained building with 24...
- 1 Beds
- 1 Baths
- 12738807 MLS
- ACTIVE Status
Enjoy lakefront living in this beautifully updated one-bedroom condo at 4800 S. Chicago Beach Drive. Located in a full-service high-rise, this bright and spacious residen...
- 1 Beds
- 1 Baths
- 12731236 MLS
- ACTIVE Status
GREYSTONE TWO UNIT ready for rehab. Two bedroom apartment previously in the basement. First floor 2 bedroom and second floor 3 bedroom. Property in need a lot of work, b...
- 7 Beds
- 3 Baths
- 12738401 MLS
- PRICE CHANGE Status
Experience lakefront living at the highly desirable Lake Terrace Condominiums! This is a 11th flr. 1-bedroom, 1-bathroom condo with LVP flooring. Condo does need some upd...
- 1 Beds
- 1 Baths
- 12738250 MLS
- PRICE CHANGE Status
Fantastic Value-Add Investment or Condo Alternative in West Garfield Park! Whether you are an investor looking for steady cash flow or a buyer seeking a smart alternative...
- 3 Beds
- 2 Baths
- 12737048 MLS
- PRICE CHANGE Status
Welcome to 10649 S Sangamon St! This well-maintained 3-bedroom home offers a functional layout and plenty of flexible living space. The second floor features three spacio...
- 3 Beds
- 2 Baths
- 12691036 MLS
- ACTIVE Status
None
- 12737975 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12737852 MLS
- ACTIVE Status
None
- 12737850 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12737838 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12737831 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12737810 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12737805 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12737801 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD ALSO FOR SALE SEPARATELY ARE LOTS 11344/11732/11734/11738
- 12737786 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD ALSO FOR SALE SEPARATELY ARE LOTS 11344/11732/11734/11738
- 12737770 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD ALSO FOR SALE SEPARATELY ARE LOTS 11344/11732/11734/11738
- 12737766 MLS
- ACTIVE Status
ATTENTION DEVELOPERS/BUILDERS/INVESTORS. EXCELLENT OPPORTUNITY TO BUY AND BUILD
- 12736568 MLS
- ACTIVE Status
Opportunity Knocks! Prime lot located directly across from Sherman Park-ideal for a 3-4 units envision the development here Great investment opportunity. Situated in an u...
- 12737533 MLS
- ACTIVE Status
NEWLY REMODELED MOVE-IN-READY TOWNHOME - PRICED TO MOVE. VERY AFFORDABLE WITH LOW TAX OF ONLY 583 PER YEAR WITH NO EXEMPTIONS! LARGE YARD SPACE WITH REAR PARKING. VA AND ...
- 2 Beds
- 1 Baths
- 12737409 MLS
- ACTIVE Status
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 MRED LLC. All rights reserved.
Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED 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.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Some listings have been excluded from this website.
