Chatham Homes under $400,000

Welcome to Chatham, a vibrant neighborhood nestled in the heart of Chicago, Illinois. Rich in history and community spirit, Chatham offers a unique blend of suburban charm and urban convenience. With its tree-lined streets and friendly atmosphere, it’s no wonder that families and young professionals alike are drawn to this welcoming enclave.

Chatham is known for its diverse array of homes, many of which are available for under $400,000, making it an appealing choice for first-time homebuyers or those looking to invest in a thriving community. From classic bungalows to modern two-flats, the architecture here reflects the neighborhood’s rich heritage while accommodating contemporary lifestyles. You’ll find spacious yards perfect for summer barbecues, as well as cozy interiors that invite you to create lasting memories.

Beyond the homes, Chatham boasts an array of amenities that enhance the quality of life for its residents. Enjoy leisurely afternoons at local parks, explore unique shops along the main thoroughfares, or indulge in delicious dining options featuring a variety of cuisines. The community is also well-connected, with public transportation options that make commuting to downtown Chicago a breeze.

Chatham is not just a place to live; it’s a community where neighbors become friends and every street has a story to tell. If you’re searching for an affordable home in a neighborhood that values connection and community, look no further than Chatham. Here, you’ll find not just a house, but a place to call home.

Newest Chatham Homes under $400,000

$205,000

3 Beds ⋅ 3 Baths ⋅ 12773852 MLS ⋅ NEW Status

Welcome to this charming and inviting ranch-style residence, thoughtfully designed for comfortable everyday living. This lovely three-bedroom, two-bath home features a warm and welcoming living room, a dedicated dining area, and a spacious kitchen with abundant cabinetry and storage. Beautiful hardwood floors and classic wood trim add timeless character and warmth throughout the home. The full basement offers valuable additional space with endless possibilities for recreation, a home office, storage, or future finishing. Completing the property is a convenient one-car garage with an adjoining driveway for additional parking. With its appealing ranch-style layout, traditional details, generous living spaces, and excellent potential, this home offers a wonderful opportunity to create a comfortable and inviting place to call home

8300 S Indiana Avenue, Chicago

$154,900

9 Beds ⋅ 3 Baths ⋅ 12772814 MLS ⋅ NEW Status

Large three story brick flat features 9 bedrooms, 3 bathrooms with approximately 3,675 square feet of living space and full basement. Perfect for investor/rehabber. PROPERTY IS BEING LISTED SIGHT UNSEEN (LSU). NO SHOWINGS ALLOWED & NO INTERIOR ACCESSUNTIL FURTHER NOTICE. Property sold strictly as-is. Buyer to perform all due diligence regarding any existing City of Chicago code violations, administrative hearing matters, permits, fines, vacant building requirements, and compliance obligations. Seller will not complete repairs. 8138 S INGLESIDE AVENUE CHICAGO, IL 60619.

8138 S Ingleside Avenue, Chicago

$265,000

3 Beds ⋅ 2 Baths ⋅ 12771093 MLS ⋅ NEW Status

Welcome Home to 8610 S Vernon! This beautifully maintained brick Cape Cod in the heart of Chatham offers the perfect blend of classic charm, modern updates, and room to grow! This 3-bedroom, 2-bath home features brand-new carpet and flooring throughout, and new beautiful bathrooms. A finished den, full basement, and a versatile bonus room perfect for a family room, recreation space or home office. Major updates include new gutters and downspouts, and new windows-all with lifetime transferrable warranties. The full basement offers even more possibilities, including the potential to add an additional bedroom, subject to applicable permits and requirements. Outside, the backyard features an existing slab ready for a future garage and provides the perfect setting for family gatherings and backyard barbecues. Meticulously cared for and full of opportunity, this home delivers the space, updates, and the flexibility that you have been seeking. Come see why this Chatham gem may be the one you've been waiting for! Sold AS-IS.

8610 S Vernon Avenue, Chicago

$300,000

5 Beds ⋅ 2 Baths ⋅ 12771669 MLS ⋅ PRICE CHANGE Status

8026 S Dobson Avenue, Chicago

$349,900

7 Beds ⋅ 4 Baths ⋅ 12771372 MLS ⋅ NEW Status

Great Opportunity to Own a Nicely Updated and Well-Maintained Brick 3-Unit in Historic Chatham! This versatile property offers excellent flexibility and add-on value, making it ideal for an owner occupant or investor. The spacious finished basement provides additional living space and offers the potential to duplex the owner's unit. The basement includes 1-2 additional bedrooms, a full bath, and a comfortable living/family room area. The second- and third-floor apartments each feature 2 generously sized bedrooms, great natural light, and updated kitchens. The owner's unit has also been nicely updated with 42-inch cabinetry and granite countertops, along with updated baths. Recent improvements include a newer, efficient Peerless 5000 steam heat boiler (2019), water heater (2019), updated electrical meter and box (2023), and replacement of almost all windows (2015). Additional updates include the back staircase and porches. A convenient 3-car garage provides excellent off-street parking and additional value. Whether you're looking to live in one unit while generating rental income or add a solid investment property to your portfolio, this well-maintained brick 3-flat offers space, flexibility, and opportunity in a desirable Chatham location. Enjoy convenient access to transportation, shopping, dining, schools, parks, and the many amenities that make Chatham a sought-after Chicago community.

8111 S Langley Avenue, Chicago

$350,000

4 Beds ⋅ 3 Baths ⋅ 12726518 MLS ⋅ ACTIVE Status

Chicago

$95,000

3 Beds ⋅ 1 Baths ⋅ 12769297 MLS ⋅ ACTIVE Status

This solid brick bungalow known for - durable masonry construction, generous room sizes, and great bones - it's a true diamond in the rough, calling out to investors, contractors, and visionary homeowners ready to bring their creativity to the table. Sold strictly as-is, this home needs a full top-to-bottom renovation, but the opportunity is undeniable to restore its original charm, modernize the layout, and create a stunning residence. Bring your contractor and your imagination - homes with this much upside don't come around often! Cash or renovation-loan buyers preferred. Sold strictly as-is; seller will make no repairs.

7809 S Vernon Avenue, Chicago

$229,999

2 Beds ⋅ 3 Baths ⋅ 12759306 MLS ⋅ ACTIVE Status

Meticulously maintained brick home in the heart of Chatham! This one has been cared for inside and out, from the manicured front lawn and landscaped beds to the gleaming hardwood floors throughout. A bright living room is centered on an oversized picture window that fills the space with natural light and opens to a warm, wood-paneled family room with built-in storage. The spacious eat-in kitchen offers abundant cabinetry, a stainless dishwasher, newer flooring, and plenty of room to gather. The main level has an eat-in kitchen area that could easily be made a 3rd bedroom/office, plus generously sized bedrooms upstairs with ceiling fans and a second full bath. The partially finished basement adds a large rec room with a half bath, and there's a dedicated laundry area with a utility sink and extra storage. Big-ticket items are covered with a newer furnace and hot water tank. Enjoy a fenced yard and a 2.5-car garage, all within easy reach of shopping and transportation. First-time buyers, this is your chance to get in with little money down! Eligible buyers may qualify for down payment assistance, including Chicago's HomeGrown program (grants up to $70,000), IHDAccess Home (up to $15,000), Cook County DPA (up to 5% of purchase price, max $25,000), and the other IHDA Access programs. You can combine many of these to cover your down payment and closing costs. Funds are limited, so bring your preapproved buyers today!

8614 S Prairie Avenue, Chicago

$144,999

3 Beds ⋅ 1 Baths ⋅ 12768230 MLS ⋅ ACTIVE Status

Updated 3-bedroom, single-family home in Greater Grand Crossing featuring a spacious layout and comfortable living areas throughout. The home offers great natural light, and a functional floor plan designed for everyday living. Full basement provides additional space and flexibility for future finishing or storage. Convenient location near schools, parks, public transportation, and city amenities. Move-in ready and a great opportunity for both homeowners and investors.

7553 S Saint Lawrence Avenue, Chicago

$169,000

4 Beds ⋅ 1 Baths ⋅ 12767053 MLS ⋅ ACTIVE Status

4 bedrooms, 1 bath, large backyard, unfinished walkout basement, newer second-floor windows/screens, water heater under 5 years, roof reportedly under 8 years, washer/dryer hookups, and sold as-is.

7637 S Eberhart Avenue, Chicago

$370,000

4 Beds ⋅ 3 Baths ⋅ 12764266 MLS ⋅ ACTIVE Status

Welcome home to this spacious brick bungalow in Chicago's Park Manor neighborhood - offering 6 bedrooms, 3 full baths, and 3,200 square feet of living space, plus a detached 2-car garage. Built in 1919, this hip-roofed home with its classic dormer retains timeless character while offering an incredible opportunity to make it your own. Inside, gleaming hardwood floors flow through an open-concept living and dining area, accented by elegant picture-frame wainscoting and a crystal chandelier. The living room anchors around a custom stacked-stone media wall with a built-in electric fireplace, recessed LED accent lighting, and a dedicated space for a mounted TV - a standout entertaining space. The updated kitchen features crisp white cabinetry, stainless steel appliances, and marble-look porcelain tile flooring, and the full baths have been tastefully renovated with marble-tile surrounds, quartz vanities, and backlit mirrors. With 6 bedrooms across the main and lower levels - including a designer suite with an LED-accented tufted headboard wall - there's exceptional space for a large or multi-generational household, or a value-add opportunity for the right buyer. The home is functional and livable as-is, with some remaining work to complete - an outstanding chance to build equity in a solid, character-filled brick bungalow. Walkable and well-served by CTA transit, with easy access to nearby schools and parks. 6 Beds | 3 Full Baths | 3,200 Sq Ft | 2-Car Garage | Built 1919 | Park Manor, Chicago, IL 60619

7637 S King Drive, Chicago

$169,000

4 Beds ⋅ 2 Baths ⋅ 12763775 MLS ⋅ PRICE CHANGE Status

7811 S Champlain Avenue, Chicago

Start Your Search

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.