South Chicago Homes under $400,000

Welcome to South Chicago, a vibrant neighborhood nestled within the bustling city of Chicago, Illinois. Known for its rich history and diverse community, South Chicago offers a unique blend of urban living with a touch of suburban charm. This area is steeped in cultural heritage, with beautiful parks, local eateries, and engaging community events that bring residents together.

One of the most appealing aspects of South Chicago is its affordability. With homes available for under $400,000, this neighborhood stands out as an excellent option for first-time homebuyers, families, and anyone looking to invest in a thriving community. The real estate market here features a variety of housing options, from cozy single-family homes to modern townhouses, ensuring there’s something for everyone.

Residents of South Chicago enjoy easy access to public transportation, making commuting to downtown Chicago a breeze. The neighborhood is also home to several parks, including the picturesque Rainbow Beach Park, which offers stunning views of Lake Michigan and ample recreational opportunities. Families will appreciate the proximity to quality schools and community resources, fostering a nurturing environment for children.

Moreover, South Chicago is undergoing revitalization, with new businesses and developments emerging, enhancing the neighborhood's appeal. This vibrant community is perfect for those seeking a balance of affordability and urban convenience. Whether you’re looking to settle down or invest, South Chicago is a hidden gem waiting to be discovered. Come explore the opportunities that await you in this dynamic neighborhood!

Newest South Chicago Homes under $400,000

$254,900

4 Beds ⋅ 2 Baths ⋅ 12803473 MLS ⋅ NEW Status

Spacious Brick Tudor featuring 4 Bedrooms, 2 full Baths, eat-in Kitchen, large Living Room, full basement with laundry hook-ups, rear deck off kitchen with a really large yard. Garage accommodates 2 cars and has a party door with side car port for a total of 3 parking spaces at the rear. Near a park and half a block from a grammar school. *** HOME HAS AN ALARM ***

8312 S Phillips Avenue, Chicago

$245,000

6 Beds ⋅ 2 Baths ⋅ 12796227 MLS ⋅ NEW Status

Investor Opportunity - Short Sale | Two-Unit Building Attention savvy investors and buyers with construction experience! This two-unit property at 8152 S. Escanaba presents an excellent opportunity to add value and unlock its full potential. Each unit offers 3 bedrooms and 1 bathroom, providing a solid foundation for an investment portfolio or future income-producing property. The property requires some renovations, including work on the second-floor rear sun porch making this an ideal opportunity for an investor ready to bring their vision and expertise to the table. Enjoy the added convenience of rear parking and a desirable location just steps from Chicago's beautiful Lake Michigan shoreline. Whether you're looking to renovate, reposition, or expand your investment portfolio, this property offers tremendous potential in a sought-after location. Property is being sold as a short sale. Sale is subject to lender approval. Property is being sold as-is. Bring your vision and explore the possibilities

8152 S Escanaba Avenue, Chicago

$175,000

4 Beds ⋅ 4 Baths ⋅ 12800039 MLS ⋅ NEW Status

HUGE VACANT FOUR BEDROOM HOME WITH FOUR FULL BATHS. INTERIOR HAS RECENTLY BEEN REFRESHED. FINISHED ATTIC JUST NEEDS FLOORING FOR TONS OF EXTRA SPACE. BASEMENT WITH TALL CEILING IS FRAMED NEEDS DRYWALL, FLOORING, AND BATHROOM FINISHES. LOW PROPERTY TAXES - ONLY 1055 DOLLARS/YEAR! CONVENTIONAL OR REHAB LOANS ONLY. TEXT LA FOR LINK TO ~60 PROPERTY PORTFOLIO.

8503 S Burnham Avenue, Chicago

$45,000

4 Beds ⋅ 2 Baths ⋅ 12798161 MLS ⋅ ACTIVE Status

Great opportunity to own a two-flat in an up-and-coming area of the city. Situated on a residential block featuring a mix of two-unit buildings and single-family homes, this property offers excellent potential for both investors and owner-occupants looking to build equity and add value. Each unit features 2 bedrooms, 1 bathroom, a spacious eat-in kitchen, a generously sized living room, and an attached enclosed porch. Additional highlights include a full, partially finished basement with excellent potential for expanded living space and a detached 2-car garage. This property requires renovation and rehabilitation, offering the next owner the opportunity to restore the building to its former glory while creating value and maximizing its potential.

8638 S Muskegon Avenue, Chicago

$190,000

4 Beds ⋅ 3 Baths ⋅ 12798128 MLS ⋅ ACTIVE Status

Spacious home offering multiple living areas and plenty of potential. Features an updated kitchen with white cabinetry, stone countertops, stainless steel appliances, and tile flooring. Additional highlights include a finished upper level, lower-level recreation space, full bathroom, and laundry area. Some areas may need additional finishing or improvements. Cash only

8627 S Colfax Avenue, Chicago

$309,900

5 Beds ⋅ 2 Baths ⋅ 12795125 MLS ⋅ ACTIVE Status

Classic Chicago character meets modern comfort in this updated five-bedroom, two-bath brick bungalow! Renovated in 2024-25, this spacious home offers all five bedrooms above grade, generous living and dining areas, and a flexible layout with three bedrooms on the main floor and two large bedrooms upstairs. The updated kitchen features stylish cabinetry, stone countertops, stainless steel appliances, and contemporary fixtures. Renovated bathrooms, updated flooring, and modern lighting complement the home's timeless brick exterior and welcoming interior. Need room to grow? The full unfinished basement offers excellent potential for future recreation space, a home office, fitness area, or additional storage. Bring your ideas and customize the space to fit your needs. A private side driveway and detached two-car garage provide convenient off-street parking, while the backyard offers space for outdoor enjoyment. Conveniently located near parks, shopping, and transportation, this home combines move-in-ready living with room for your future plans. Schedule your showing today!

8014 S Yates Boulevard, Chicago

$234,900

3 Beds ⋅ 2 Baths ⋅ 12796760 MLS ⋅ ACTIVE Status

Welcome to 8204 S. Muskegon Ave! This inviting 3 bedroom, 2 bath home offers a wonderful opportunity for buyers looking for space and comfort. Conveniently Located in Chicago, this neighborhood offers local shopping, dining, parks and transportation options.

8204 S Muskegon Avenue, Chicago

$250,000

6 Beds ⋅ 2 Baths ⋅ 12796097 MLS ⋅ ACTIVE Status

Explore the potential of this two-flat property featuring six bedrooms and two full bathrooms across two units. The property offers an opportunity for investors looking to expand their portfolio or buyers interested in a multi-unit investment. The lower unit features updates and is vacant, offering a starting point for an owner-occupant or investor. The upper unit is tenant-occupied, and access to assess its current condition has not yet been obtained. The property also features a full basement and additional potential for buyers looking to add value. Conveniently located in Chicago's South Shore area, this property presents an opportunity for buyers prepared to evaluate the existing condition, occupancy, and renovation needs. Due diligence is encouraged. Schedule your showing today!

8329 S Burnham Avenue, Chicago

$294,900

4 Beds ⋅ 2 Baths ⋅ 12795421 MLS ⋅ ACTIVE Status

Classic Chicago brick bungalow where timeless charm meets modern design. Offering 5 bedrooms, 2 full baths, and a 2-car detached garage. A welcoming front porch invites you to relax and enjoy sunny afternoons before stepping inside to an open living room featuring hardwood floors, recessed lighting, and a striking accent wall that adds character to the formal dining area. The open-concept layout flows seamlessly into the beautifully appointed kitchen, complete with stainless steel appliances, quartz countertops and a 42-inch white cabinetry accented with sleek black hardware. The main level includes two spacious bedrooms, one ideal as a home office or guest room, along with a tastefully renovated full bath featuring floor-to-ceiling tile and contemporary chrome finishes. Upstairs, you'll find, a spacious third bedroom, a generous primary suite, and a second full bath with a double vanity, soaking tub, and ceramic tile surround. The finished basement offers versatile living space perfect for a recreation room, fitness area or extended living arrangement. A bonus room provides additional flexibility for a playroom, office, or storage, while a separate utility and laundry room adds everyday convenience. Step outside to a spacious backyard ready for summer barbecues, entertaining, or simply relaxing outdoors. The property is complete with a 2-car detached garage. Conveniently located near CTA bus service on Stony Island Avenue and 87th Street, with easy access to I-90/94, the Illinois Tollway, and Lake Shore Drive. Enjoy nearby amenities including Jesse Owens Park and the 95th Street shopping district. Call to schedule a showing

8523 S Colfax Avenue, Chicago

$219,000

5 Beds ⋅ 1 Baths ⋅ 12794858 MLS ⋅ ACTIVE Status

Located in the sought-after South Shore only a half mile walk to Rainbow beach park, this all-brick bungalow with 2-car garage offers tons of upgrades. The floor plan is expansive and with very spacious bedrooms. Three bedrooms are on the main level and two are upstairs. Hardwood floors run throughout the first floor. The basement is unfinished and needs some attention but the layout is already there. Home is in an ideal location being close to the lake and close to the Skyway, close to the train, and much more! Schedule your showing now! FHA AND VA BUYERS WELCOME! TEXT LA FOR LINK TO ~60 PROPERTY PORTFOLIO.

7923 S Manistee Avenue, Chicago

$115,000

3 Beds ⋅ 2 Baths ⋅ 12794778 MLS ⋅ ACTIVE Status

7931 S Muskegon Avenue, Chicago

$249,000

3 Beds ⋅ 2 Baths ⋅ 12793281 MLS ⋅ ACTIVE Status

Welcome to this spacious 3-bedroom, 1.5-bath home offering comfort, functionality, and plenty of room to grow. The main level features two bedrooms, a spacious living area, and an updated kitchen and bathroom. The primary bedroom is located on the upper level in the finished attic and includes a private half bath. The partially finished basement provides additional living or recreational space, perfect for a family room, home office, gym, or storage. Step outside to a generously sized backyard with plenty of space for entertaining, outdoor activities, gardening, or simply enjoying the outdoors.

8340 S Yates Boulevard, Chicago

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South Chicago Homes under $400,000

Newest South Chicago Homes under $400,000

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