Chicago offers a wide range of homes for those seeking budget-friendly options without compromising on charm or convenience. This page features listings throughout the city, showcasing various styles and neighborhoods to fit different lifestyles and preferences. Take a moment to browse the listings below and discover a home that feels right for you in the heart of Chicago.
Listing information courtesy of Midwest Real Estate Data (MRED).
How many homes under $400K are for sale in Chicago, IL?
There are at least 48 active homes under $400K 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 $400K in Chicago, IL?
The median list price of active homes under $400K in Chicago, IL is $289,750, based on a sample of 48 current listings.
How long have homes under $400K in Chicago, IL been on the market?
Active homes under $400K 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.