Explore homes for sale in Chicago, IL priced for budget-conscious buyers on this page. These listings offer a range of styles and locations throughout the city, giving you options to consider as you search for a place to call home. Take a look through the listings below to find a Chicago property that fits your needs.
Listing information courtesy of Midwest Real Estate Data (MRED).
How many homes under $200K are for sale in Chicago, IL?
There are at least 9 active homes under $200K for sale in Chicago, IL as of 2026-11-06, based on listing data from the local MLS.
What is the median list price of homes under $200K in Chicago, IL?
The median list price of active homes under $200K in Chicago, IL is $149,000, based on a sample of 9 current listings.
How long have homes under $200K in Chicago, IL been on the market?
Active homes under $200K in Chicago, IL have been listed for a median of 1 day.
How can I see every home for sale in Chicago, IL?
Use the full home search to browse every active listing in Chicago, IL, save favorites and get alerts when new homes come on the market. Deb Russcol can also help you schedule showings.