Far South Chicago Homes under $500,000

**Discover the Charm of Far South Chicago: Affordable Homes Await!**

Nestled in the vibrant city of Chicago, Far South Chicago is a hidden gem that beautifully blends rich history with a promising future. This dynamic neighborhood is known for its strong sense of community, diverse culture, and a variety of amenities that cater to residents of all ages. With its proximity to Lake Michigan, lush parks, and well-maintained recreational areas, Far South Chicago offers a perfect balance of urban living and natural beauty.

For those in search of affordable housing options, Far South Chicago is a treasure trove of homes priced under $500,000. Here, you’ll find a range of charming single-family homes, townhouses, and cozy bungalows that boast character and warmth. Many properties feature spacious yards, perfect for family gatherings or gardening enthusiasts, while others offer modern updates that make moving in a breeze. The affordability of this neighborhood allows first-time homebuyers and growing families to establish roots in a community that values connection and support.

Accessibility is a key feature of Far South Chicago, with convenient public transportation options and major highways nearby, making commutes to downtown Chicago and surrounding areas a breeze. Local shops, restaurants, and schools are just a stone's throw away, ensuring that residents have everything they need within reach.

Whether you’re looking for a starter home or a place to settle down, Far South Chicago is an inviting neighborhood that promises a bright future. Explore the possibilities today and discover your dream home in this thriving community!

Newest Far South Chicago Homes under $500,000

$260,000

3 Beds ⋅ 2 Baths ⋅ 12776450 MLS ⋅ NEW Status

This charming and spacious 4-bedroom, 2-bath single-family home is the perfect place to begin your homeownership journey. With plenty of space to grow, this move-in-ready home offers comfort, functionality, and the opportunity to make it uniquely yours. The updated kitchen features a center island that flows seamlessly into the open living and dining area, creating the perfect space for family dinners, entertaining friends, or simply relaxing at home. The generous bedroom sizes provide flexibility for a growing family, a home office, or guest space. One of the best features of this home is that the major work has already been done. It's been well maintained and has solid bones, requiring only a few minor cosmetic updates to match your personal style. Instead of taking on a costly renovation, you can move in right away and update the home over time while building equity. Conveniently located near schools, shopping, parks, public transportation, and everyday amenities, this home offers both value and convenience. Whether you're buying your very first home or looking for a smart investment in your future, this is an incredible opportunity to own a spacious home with endless potential. Don't miss your chance to make this house your home!

2837 E 127Th Street, Chicago

$80,000

3 Beds ⋅ 2 Baths ⋅ 12776427 MLS ⋅ NEW Status

8012 S Essex Avenue Unit #3S, Chicago

$250,000

4 Beds ⋅ 3 Baths ⋅ 12775184 MLS ⋅ NEW Status

Discover a well-positioned property offering space, flexibility, and distinctive outdoor features! This home offers an exceptional combination of versatile living space, attractive landscaping, and thoughtfully designed areas throughout. Featuring 4 bedrooms and 3 full bathrooms, with one bathroom on each level, the layout provides flexibility for a variety of living arrangements. The main level features an open kitchen connected to a separate dining room, along with A/C and forced-air heating. The second level offers 2 bedrooms, a full bathroom, and abundant attic storage. The lower level provides even more possibilities, featuring a large open area, additional nooks, a full bathroom, and a separate laundry room complete with storage, workbench, and utility closet. The exterior is equally impressive, showcasing professionally landscaped front and rear grounds with decorative concrete detailing, two separate landscaped green spaces, and a huge covered deck ideal for outdoor enjoyment. The expansive covered carport features lighting, electricity, and optional tandem parking. Adding to the appeal is a custom-built wood-burning grill, creating a distinctive outdoor setting. With generous space, multiple storage options, and unique indoor and outdoor features, this property is ready to be discovered. Multiple offers are expected! Schedule your private showing today and experience all this property has to offer!

13340 S Carondolet Avenue, Chicago

$299,000

3 Beds ⋅ 3 Baths ⋅ 12776148 MLS ⋅ NEW Status

This playful refresh brings this five-bedroom, three-bathroom home to life in Chicago's vibrant South Shore neighborhood. Just a short walk or bike ride to Chicago's stunning Jackson Park, home of the Obama Presidential Center and site of the historic World's Fair. Whether you like the beach or want to harbor your boat in Jackson Harbor, it's all less than a mile away. It's a beautiful 18-minute drive down Chicago's historic Lake Shore Drive to downtown. Built in 1910, this home stands as a testament to the superior craftsmanship of that era. Five bedrooms and three bathrooms give everyone plenty of room to spread out - central A/C keeps you cool all summer, and central heat keeps you cozy all winter. You'll love the modern kitchen and spa-like bath, plus parking in the carport for up to six cars and a laundry room with washer and dryer.

7527 S Chappel Avenue, Chicago

$160,000

1 Beds ⋅ 1 Baths ⋅ 12771801 MLS ⋅ NEW Status

Stop Making Your Landlord Rich. Start Investing in Yourself. In the heart of Woodlawn, this beautifully updated co-op offers approximately 800 square feet of flexible living space and an opportunity to move from renting into ownership. Unlike a condominium, a co-op purchaser generally acquires shares in the corporation that owns the building along with the right to occupy the residence. Here, the monthly assessment includes water, heat and real estate taxes. This oversized one-bedroom offers the potential for a second bedroom, home office, study or guest space, subject to applicable co-op approvals. Recent improvements include updated kitchen cabinetry, stainless-steel appliances, a neutral bathroom, refinished hardwood floors, new windows and refurbished radiators with new valves. Laundry and additional storage are located in the basement. The location is equally compelling-near the University of Chicago and its medical campus, with convenient access to Woodlawn, Hyde Park and the Obama Presidential Center area. For buyers who value space, flexibility and location, this residence offers a practical path to ownership in one of Chicago's most recognizable South Side communities. Rent provides a place to live. Ownership gives you the opportunity to build something for yourself.

6102 S Kimbark Avenue Unit #2W, Chicago

$315,000

3 Beds ⋅ 3 Baths ⋅ 12775923 MLS ⋅ NEW Status

Beautifully updated 4-bedroom, 3-bath home featuring a bright, modern layout and stylish finishes throughout. The updated kitchen offers white shaker cabinetry, quartz countertops, stainless steel appliances, and plenty of space for entertaining. The home also features an enormous primary suite with a private en suite bath, generously sized bedrooms, and beautifully updated bathrooms. Move-in ready and completely refreshed from top to bottom.

8332 S Oglesby Avenue, Chicago

$350,000

5 Beds ⋅ 3 Baths ⋅ 12775098 MLS ⋅ NEW Status

WELCOME HOME to this beautiful OVERsized brick bungalow in the well sought out South Shore neighborhood. Welcome into the main level where there is a separate living room, 2 bedrooms, full bath and large eat in kitchen. Up the wrought iron decorative stairs to the 2nd floor, where you will find 2 very LARGE bedrooms and a full bath. Downstairs to the DRY basement, you will find yet another large bedroom, expansive family room, a full bath, laundry room and walkout. Then there's more, there is a massive back porch that is the entire width of the building and just enough backyard. There is a convenient driveway that leads to the one car detached garage. This will be the best deal you see in this area. Quick possession is possible.

7339 S Constance Avenue, Chicago

$175,000

3 Beds ⋅ 2 Baths ⋅ 12775973 MLS ⋅ NEW Status

SHORT SALE OPPORTUNITY. Discover the potential of this charming brick bungalow nestled on a serene block. Perfectly positioned near transportation and the expressway, this property offers a prime location for your next project. While it requires rehabbing, hidden beneath the carpet are hardwood floors waiting to be restored. Sold AS-IS, this home presents a unique opportunity for those with vision and expertise. The possibilities for transformation are endless. Bring your creativity and make this bungalow your own. Schedule a showing today.

8644 S Chappel Avenue, Chicago

$290,000

4 Beds ⋅ 2 Baths ⋅ 12775914 MLS ⋅ NEW Status

Welcome home to 10145 S. Perry Avenue, a stunningly renovated 5-bedroom brick residence that offers the space, comfort, and modern updates today's buyers are searching for! From the moment you step inside, you'll appreciate the expansive living room, elegant formal dining room with hardwood floors, and beautifully updated kitchen featuring white oak cabinetry, granite countertops, and stainless steel appliances. The oversized primary bedroom provides a private retreat, while the finished basement delivers incredible additional living space with a theater room, bar area, optional 5th bedroom, half bath, and abundant storage. Major upgrades including a new roof, heating system, plumbing, and electrical service provide peace of mind for years to come. Outside, enjoy a fully fenced backyard and 2-car garage, perfect for entertaining, pets, and family gatherings. Conveniently located near expressways, public transportation, shopping, and schools, this move-in-ready home offers exceptional value, space, and style. Homes with this much room and so many updates are hard to find, so schedule your private showing today before this one is gone!

10145 S Perry Avenue, Chicago

$329,900

3 Beds ⋅ 2 Baths ⋅ 12775876 MLS ⋅ NEW Status

Jaw-dropping from the moment you walk in! This beautifully updated 3-bedroom, 2-bathroom home has been thoughtfully renovated from top to bottom with high-end materials, quality finishes, and exceptional attention to detail throughout. The bright, modern interior features all-new appliances and a spacious primary bedroom with generous closet space. The finished basement provides even more living space, including an additional room ideal for a 4th bedroom, home office, workout room, or flex space. The extensive improvements continue beyond the interior with new mechanicals, roof, windows, Andersen doors, fencing, deck, and exterior lighting. A 2-car garage and desirable corner-lot location complete the package. Conveniently located just steps from George Washington Elementary and High School and Rowan Park, with easy access to neighborhood amenities. This is a truly move-in-ready home where the major improvements have already been completed-just unpack and enjoy!

11256 S Avenue L, Chicago

$359,000

6 Beds ⋅ 2 Baths ⋅ 12775869 MLS ⋅ NEW Status

Prepare to be captivated by this stunning reimagined BRICK two flat that perfectly balances modern sophistication with incredible income potential. From the moment you step inside 9015 S Muskegon Ave, you will notice the sun drenched rooms and the pristine, high quality finishes that elevate every square foot. Each unit serves as a pristine, move in ready sanctuary, boasting expansive layouts that feel open and airy. Whether you are an investor looking to secure a lucrative gem for your portfolio or an owner occupant eager to live luxuriously while generating effortless passive income, this beautifully transformed multi family property stands out as a true neighborhood showstopper. Seller will provide a 2% credit to buyer's closing costs!

9015 S Muskegon Avenue, Chicago

$389,900

3 Beds ⋅ 3 Baths ⋅ 12775603 MLS ⋅ NEW Status

Pride of ownership is evident throughout this meticulously maintained and extensively upgraded 3-bedroom, 3-bathroom home. This is not a fix-and-flip-thoughtful improvements have been completed throughout the course of ownership, creating a home that has been carefully maintained and enhanced inside and out. Recent major improvements include a new roof (approximately 5 months), tuckpointing (approximately 4 months), concrete patio (approximately 4 months), central air (approximately 4 months), and water heater (2024). Step inside to find hardwood flooring throughout the bedrooms and living room, recessed lighting in all bedrooms, kitchen and family room, granite countertops with backsplash, and stainless steel appliances. The primary bedroom features a private en-suite bathroom, while an additional bathroom offers a whirlpool tub. The finished entertaining space is complete with a wet bar and wood burning fireplace, creating an ideal setting for gatherings and everyday enjoyment. The attention to detail continues outside with a recently completed concrete patio, exterior natural gas hookup, hot and cold water spigots, and 220V electrical service in the garage. With substantial mechanical, exterior and interior improvements already completed, this home offers the rare combination of thoughtful upgrades, everyday convenience and evident pride of ownership. Truly move-in ready and prepared for its next owner to enjoy for years to come. The location brings even more to the table. Enjoy convenient access to a nearby shopping center offering grocery, dining, retail and fitness options, along with George Washington Elementary/High School, Rowan Park, forest preserve bike trails and the Indiana border. Nearby public recreational amenities have also received impressive updates, including a turf soccer field, outdoor basketball courts and a water park.

11629 S Avenue J, Chicago

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