Lawndale Homes under $500,000

Welcome to Lawndale, a vibrant neighborhood nestled in the heart of Chicago, Illinois, within Cook County. Known for its rich history and strong sense of community, Lawndale offers a unique blend of urban convenience and suburban charm. With its tree-lined streets and a diverse array of local businesses, residents enjoy a warm, welcoming atmosphere that truly feels like home.

One of the most appealing aspects of Lawndale is its affordability. For those seeking to purchase their dream home without breaking the bank, this neighborhood boasts a variety of homes available for under $500,000. From classic Chicago-style bungalows to charming two-flats and modern single-family homes, there's something to suit every taste and budget. Whether you are a first-time buyer, a growing family, or looking to invest in real estate, Lawndale presents an excellent opportunity to find a home that fits your needs.

The community is also well-served by parks, schools, and public transportation, making it easy to navigate the city and enjoy all that Chicago has to offer. With a rich cultural heritage and active neighborhood organizations, Lawndale is a place where residents come together to celebrate their community and support one another.

Explore the possibilities in Lawndale, where affordability meets a thriving community spirit. Your dream home awaits in this hidden gem of Chicago, where you can create lasting memories and enjoy a fulfilling lifestyle. Come discover why so many are choosing to call Lawndale home!

Newest Lawndale Homes under $500,000

$295,000

3 Beds ⋅ 3 Baths ⋅ 12772811 MLS ⋅ NEW Status

Beautifully updated brick 2-flat in Chicago's West Garfield Park neighborhood! This move-in-ready property offers an excellent opportunity for an owner-occupant or investor. The first-floor unit is a spacious duplex-down featuring 2 full baths. The lower level was previously used as a second bedroom suite with its own private bath, offering flexible additional living space. The second-floor unit features 2 spacious bedrooms. Both units have been tastefully updated with white cabinetry, quartz countertops, stainless steel appliances, refinished hardwood and laminate flooring, LED recessed lighting, updated light and plumbing fixtures, and beautifully renovated ceramic tile baths. Additional improvements include 3 new hot water tanks and freshly paint throughout, including the doors, trim, enclosed rear porch, and front entrance. Both units also offer plenty of closet and storage space. Each unit features separate utilities, circuit breaker electrical service, and forced-air heating. The property is secured by an iron fence in front and a gated iron fence in the rear. A spacious rear parking pad is conveniently accessed through a rolling gate. Ideal for a live-in owner looking to generate additional rental income or an investor seeking a move-in-ready rental property. Conveniently located approximately one block from the I-290 eastbound entrance, offering easy expressway access and a short drive to Downtown Chicago. Updated, versatile, and ready for immediate occupancy or rental!

760 S Kostner Avenue, Chicago

$224,900

3 Beds ⋅ 2 Baths ⋅ 12775495 MLS ⋅ NEW Status

A True Chicago Classic with Incredible Potential! Welcome to Homan Square, an up-and-coming neighborhood experiencing significant new construction and redevelopment. Just minutes from public transportation, I-290, approximately 10 minutes to Downtown Chicago, and only 2 minutes to the Garfield Park Conservatory. This vintage two-story Graystone single-family home is a true diamond in the rough, ready for your vision to restore its original charm. Featuring early-1900s character, 9-foot ceilings, a formal living room, separate dining room, office/piano room, and eat-in kitchen. The second floor offers 3 generously sized bedrooms and a full bath. A full semi-finished basement with front and rear exterior entrances provides additional living space and excellent future potential. Located in an area surrounded by ongoing development and new construction, this is a great opportunity to bring this classic Chicago home back its former glory and make it your own.

3621 W Lexington Street, Chicago

$285,000

5 Beds ⋅ 3 Baths ⋅ 12775538 MLS ⋅ NEW Status

Great investment opportunity in Chicago's West Side! This well-maintained all-brick two-unit property features a total of 5 bedrooms and 3 bathrooms, plus a full basement with an additional bathroom, offering valuable additional space and versatility. Recent updates include a newer roof, newer hot water tanks, and newer furnaces, providing important major-system improvements for added peace of mind. The property offers separate living spaces and a functional layout, making it an excellent opportunity for an owner-occupant or investor looking to add to their rental portfolio. Enjoy the added benefit of a nicely sized backyard, perfect for outdoor entertaining, recreation, or relaxing. Solid brick construction, recent updates, and additional basement space make this a versatile property with strong rental potential. Conveniently located near transportation, shopping, dining, schools, and neighborhood amenities. Don't miss this opportunity to own a well-positioned multi-unit property with income potential and desirable outdoor space.

3912 W Fillmore Street, Chicago

$329,000

4 Beds ⋅ 2 Baths ⋅ 12773941 MLS ⋅ NEW Status

Welcome to this beautiful family home. The first floor features two bedrooms and one huge full bathroom with beautiful original hard wood floors. This brightly updated kitchen has quartz countertops, stainless steel appliances and a modern centered island that flows into the open concept of the dining room, making it ideal for daily living and entertaining. The attic offers two bedrooms (master bedroom) and a full bathroom. Enjoy your family gathering in the backyard with a nice deck along with a new fence. two car garage, new windows, new electrical, updated plumbing, new siding and new HVAC. Also, along with a new water tank. The partial basement can be used for storage. Conveniently located close to shopping, restaurants, and grocery stores. The elementary school is located across the street from the property.

1645 S Keeler Avenue, Chicago

519 S Maplewood Avenue Unit #4N, Chicago

$267,000

3 Beds ⋅ 2 Baths ⋅ 12773029 MLS ⋅ NEW Status

Top-floor condo with a panoramic views of the Chicago skyline from your private balcony, perfect for grilling or relaxing. This bright and spacious home features an open floor plan with vaulted ceilings, skylights, and abundant natural light. Offering 3 bedrooms and 2 full bathrooms, including a spacious primary suite, the home also features a kitchen with granite and quartz countertops, a center island, stainless steel appliances, and an in-unit washer and dryer. A gated, secure parking space is included, with additional permit-free street parking available. Investor-friendly with no rental restrictions. Conveniently located near the UIC and Rush Medical District, Tri-Taylor, Little Italy, Ukrainian Village, the United Center, I-290, shopping, restaurants, and public transportation, including the Blue Line. Move-in ready with exceptional city views!

519 S Maplewood Avenue Unit #4N, Chicago

$225,000

5 Beds ⋅ 2 Baths ⋅ 12772324 MLS ⋅ NEW Status

ATTENTION INVESTORS, REHABBERS & FHA 203(k) BUYERS! Bring your vision and unlock the potential in this prime all brick two-unit building in North Lawndale! This gem offers spacious floor plans, generously sized rooms, as well as an excellent opportunity to renovate, customize, and build equity. Currently configured with a total of 4 bedrooms and 2 bathrooms, this property offers the space and flexibility to potentially be reconfigured into an impressive 6-bedroom, 2-bathroom two-flat. The bedrooms are exceptionally spacious and can easily accommodate king-size beds with additional bedroom furniture, a feature that can be difficult to find in traditional Chicago multifamily properties. Each unit offers an open and functional floor plan with separate living and dining areas, providing plenty of room to create modern, comfortable living spaces. Whether your vision is a stylish owner-occupied property, income-producing rental, or a long-term addition to your investment portfolio, the generous room sizes provide an excellent foundation for renovation. The exterior offers includes an oversized lot and two car garage for privacy! Buyers willing to put in some sweat equity have the opportunity to transform this gem into an affordable spacious multifamily home with opportunity to collect rent. Just 12 minutes to downtown Chicago, the Chicago Medical District, and Fulton Market this property sits just a short distance to the heart of employment opportunities, shopping, night life and culture the city is known for! The property is also within close proximity to the exciting new development planned around the United Center, including The 1901 Project-a transformative, multi-phase redevelopment envisioned to bring new residential, retail, entertainment, hospitality, public green space, and community-focused development to Chicago's West Side. Max potential to build equity, obtain an affordable mortgage, as well as secure a multifamily investment in a growing area with planned redevelopment . Bring your contractor and start creating your vision!

1817 S Harding Avenue, Chicago

$430,000

11 Beds ⋅ 4 Baths ⋅ 12770595 MLS ⋅ NEW Status

Bring your vision and renovation plans to this spacious three-flat brick building ideally located directly across from Douglas Park and near Chicago's Medical District. This property offers an excellent opportunity for an investor, developer, or owner-occupant looking to create substantial value. Each apartment offers generous living space, complemented by enclosed back porches. The property also features a full basement, two-car garage, and is on an oversized Chicago lot. Recent improvements include a new roof and tuckpointing, giving the property a solid starting point for its next chapter. The building requires rehabilitation, making it an opportunity to customize the units and potentially maximize rental income. Property is being "sold as is. "

1321 S California Avenue, Chicago

$475,000

7 Beds ⋅ 3 Baths ⋅ 12771888 MLS ⋅ NEW Status

LOOKING FOR A FANTASTIC OPPORTUNITY TO OWN A GREAT INCOME PRODUCING MULTI-UNIT? LOOK NO FURTHER? ** BEAUTIFUL & SPACIOUS GREYSTONE 2 FLAT, FULLY RENOVATED IN 2020. 1ST FLOOR APARTMENT DUPLEXED DOWN TO THE BASEMENT, FEATURES 5 BED/2 BATHS. THE 2ND FLOOR FEATURES 3 BEDROOMS & 1 BATH. ADDITONAL ATTIC/RECREATIONAL SPACE WITH SEPARATE ENTRANCE READY FOR YOUR IDEAS. OR DUPLEX UP FROM THE 2ND FLOOR FOR ADDITIONAL LIVING SPACE. ALL UNITS HAVE HARDWOOD FLOORS THROUGHOUT & CARPET IN THE 2ND FLOOR BEDROOMS! NEWER KITCHEN CABINETS WITH GRANITE COUNTERTOPS, SS APPLIANCES, CENTRAL HEAT/AIR, & 2 CAR GARAGE. THIS PROPERTY HAS BEEN WELL MAINTAINED BY ITS OWNER. 1ST FLOOR APARTMENT HAS LONG TERM TENANTS. TENANTS PAY THEIR OWN HEAT, ELECTRIC AND GAS. WASHER & DRYER HOOK-UP IN THE BASEMENT! GREAT CASH FLOW!

1450 S Avers Avenue, Chicago

$489,900

9 Beds ⋅ 3 Baths ⋅ 12770572 MLS ⋅ ACTIVE Status

Welcome to 4018 W Polk St! This beautifully rehabbed property offers an impressive 9 bedrooms, 3 bathrooms, and a finished basement. Recently updated throughout, this spacious home combines modern comfort with a versatile layout, offering plenty of room for everyday living, entertaining, and working from home. The finished basement provides additional space and flexibility. With its extensive renovations and generous living space, this move-in-ready property is a fantastic opportunity. Schedule your private showing today!

4018 W Polk Street, Chicago

$469,900

8 Beds ⋅ 3 Baths ⋅ 12764393 MLS ⋅ ACTIVE Status

Solid brick 3-flat in North Lawndale offering 8 bedrooms and 3 baths across three above-ground units with individually metered electricity and gas, plus an unfinished basement and 2-car garage. The updated, move-in-ready 1st-floor 2BR/1BA features a large open-concept eat-in kitchen and living area, a second spacious living area, in-unit washer/dryer, dishwasher hookups, and a large rear balcony-ideal for an owner-occupant or immediate rental income. The 2nd and 3rd floors each offer 3BR/1BA layouts with eat-in kitchens opening directly to large rear balconies, providing convenient outdoor dining space. The 2nd floor has W/D and dishwasher hookups, while the 3rd floor features central A/C and Chicago skyline views from the balcony. Both units offer substantial rental upside with future improvements. Recent capital improvements include replacement of the water service line and front sidewalk, completed by the City in 2024; upgraded basement support columns replacing wood posts with steel (2021); rear stair improvements (2026); garage door replacement; and mechanical and appliance updates to the 1st- and 2nd-floor units (2020-2024). Near expansive Douglass Park, offering an outdoor pool, tennis and basketball courts, soccer fields, walking paths, a lagoon and fishing, plus additional recreational amenities. Convenient access to the Illinois Medical District, I-290, public transportation, and the Roosevelt Road corridor.

1233 S Spaulding Avenue, Chicago

$439,900

9 Beds ⋅ 4 Baths ⋅ 12764594 MLS ⋅ RE-ACTIVATED Status

Very well-maintained two-unit building, completely rehabbed in 2017 and beautifully preserved over the years. The second-floor unit features 3 bedrooms and 2 full bathrooms, while the first-floor unit offers 2 bedrooms and 1 full bathroom. Each unit has its own washer/dryer hookup. The updated basement in-law arrangement provides additional living space with a private entrance and exit, a separate furnace, a washer/dryer hookup, and ceiling heights over 7 feet. Stainless steel appliances are included.

1826 S Hamlin Avenue, Chicago

$269,000

3 Beds ⋅ 2 Baths ⋅ 12768814 MLS ⋅ ACTIVE Status

Completely renovated and move-in ready, this spacious 3-bedroom, 1.5-bath townhome offers modern finishes throughout and approximately 1,260 square feet of living space across three levels. The entire unit has been refreshed with new drywall, trim, paint, and flooring, creating a clean and contemporary feel from the moment you enter. The updated kitchen features new Studio41 base cabinets, countertops, and brand-new appliances. Both bathrooms have been beautifully updated with new vanities, fixtures, mirrors, toilets, and Kohler faucets, with finishes from Floor & Decor. Additional improvements include new switches and outlets and new closet doors. Enjoy a functional floor plan with generous living and dining spaces, a private deck off the dining area, and an attached garage for convenient parking and storage. A rare opportunity to own a fully renovated home with extensive updates in Chicago.

3449 W Polk Street, Chicago

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