Chatham Homes under $500,000

Welcome to Chatham, a vibrant neighborhood nestled in the heart of Chicago, Illinois. Known for its rich history and strong sense of community, Chatham offers a unique blend of suburban tranquility and urban convenience. With tree-lined streets and charming homes, this area is perfect for families, first-time homebuyers, and anyone looking to enjoy the best of city living without the hefty price tag.

One of the standout features of Chatham is its affordability. Here, you can find a variety of homes under $500,000, making it an attractive option for those seeking to invest in real estate without breaking the bank. From spacious single-family homes to cozy bungalows, the housing options are diverse and cater to a range of lifestyles. Many properties boast beautiful yards, perfect for summer barbecues or quiet evenings under the stars.

Chatham is also home to an array of amenities, including local shops, restaurants, and parks, ensuring that residents have everything they need right at their fingertips. The community is well-connected by public transportation, making it easy to access downtown Chicago and beyond.

In addition to its affordability and amenities, Chatham is known for its strong community spirit. Residents take pride in their neighborhood, participating in local events and initiatives that foster a sense of belonging.

If you’re looking for a welcoming neighborhood that offers both charm and convenience, Chatham is the perfect place to call home. Discover your dream property today and become a part of this thriving community!

Newest Chatham Homes under $500,000

$159,900

2 Beds ⋅ 1 Baths ⋅ 12790355 MLS ⋅ NEW Status

Welcome home to this beautifully updated 2-bedroom residence with a versatile bonus room on the second floor! This move-in-ready home offers a fresh, modern look with thoughtful upgrades throughout. Step inside to find new flooring throughout, along with new doors and trim that give the home a clean, polished finish. The updated kitchen features stylish two-tone cabinetry, quartz countertops, and a matching backsplash, creating a bright and contemporary space perfect for everyday living and entertaining. The bathroom has been refreshed with neutral, stylish ceramic finishes and an updated vanity. The living room features modern wall accents and a floating cabinet, adding character and a sleek designer touch.The second-floor bonus room provides additional flexible space that can be used as a home office, playroom, sitting area, or additional storage.Bring your pre-qualified buyers and schedule your showing today! This home truly needs to be seen to be appreciated.

8156 S King Drive, Chicago

$425,000

5 Beds ⋅ 4 Baths ⋅ 12792069 MLS ⋅ NEW Status

**Remarks:** Welcome to this beautifully maintained Chicago bungalow offering 6 generously sized bedrooms and 4 full bathrooms, including a spacious primary suite. Blending classic character with modern updates, this home features gleaming hardwood floors, elegant wainscoting, modern fixtures, and a welcoming living room with a fireplace. The contemporary two-tone kitchen features updated finishes and **stainless steel appliances included in the sale, including a refrigerator with a built-in TV**. The expansive basement provides additional living space, a dedicated laundry area, and a newly installed 60-inch electric fireplace for added comfort and ambiance. **Couches, tables, additional furniture, and a treadmill are also included in the sale**, offering added value and convenience for the next owner. Major updates include a new roof and furnace in 2020 and a new 50-gallon gas water heater in 2023. Additional improvements include a sump pump and front drainage valve to help protect against basement flooding, a newly installed back porch with black iron spindles, a cedar privacy fence, custom-made blinds, and new concrete beneath the enclosed porch. Enjoy central air conditioning, updated landscaping with refreshed trees and bushes, and a detached 2-car garage. **Please note: Four of the home's six bedrooms were not photographed, as these rooms are currently being used for storage.** With its generous living space, thoughtful improvements, included appliances and furnishings, and combination of style and functionality, this well-cared-for home is ready for its next owner. Schedule your showing today!

8607 S Maryland Avenue, Chicago

$289,000

2 Beds ⋅ 2 Baths ⋅ 12790425 MLS ⋅ NEW Status

Fully rehabbed home! Everything has been replaced, is new, or upgraded. New doors, new windows, new kitchen, new bathrooms, new appliances, new fixtures, and more! Roof, HVAC, plumbing, and electrical are all new. Full basement with an all new floor. You will have no worries moving into this home, only needs furnishing. Right down the block from an Elementary school. Also close to many gas stations, retail stores, grocery stores, and restaurants. Cheap annual property tax! Easy to show, contact the listing agent today!

7755 S Calumet Avenue, Chicago

$250,000

4 Beds ⋅ 2 Baths ⋅ 12790393 MLS ⋅ NEW Status

Brick Chatham 2 Flat on a real nice block! This building has lots to offer. Each unit is 2 Bed, 1 Bath with Dining Rooms and Enclosed Back Porches giving expansion options. Separate heat systems for each floor. 2 car garage and unfinished basement with 2 doors and utilities off to the side. This building is good as a rental property or for an owner occupant. Priced to build equity! Make your appointment for a private viewing to see if this is the building you have been waiting for!

8012 S Rhodes Avenue, Chicago

$270,000

2 Beds ⋅ 2 Baths ⋅ 12789382 MLS ⋅ ACTIVE Status

Come check out this beautiful updated home! Walk into a spacious floor plan where you can relax, cook and entertain. This newly remodeled home features 4 bedrooms and 2 Full bathrooms. Upstairs bathroom has Bluetooth so you can enjoy your music of choice. The basement has a Family Room for Entertainment and a separate laundry room. This home features beautiful hardwood floors, recessive lighting, A/C, custom kitchen, 42'' cabinets, marble counter tops. Enclosed back porch that can be used as a play area for children, den, or an office..There's an enormous backyard, plenty of space outdoor entertainment, gardening as well as a parking pad for your cars. Let's schedule your tour soon!

8405 S Vernon Avenue, Chicago

$335,000

5 Beds ⋅ 2 Baths ⋅ 12787854 MLS ⋅ ACTIVE Status

Recently updated multi-unit property at 8036 S Vernon Ave featuring a total of 5 bedrooms, 2 bathrooms, and brand-new appliances! An excellent opportunity for an owner-occupant or investor. Live in one unit and rent out the other, using rental income. Whether you're looking for a home with income potential or adding to your investment portfolio, this property is worth a look. Schedule your showing today! Highest and Best Friday 6pm. Multiple offers received.

8036 S Vernon Avenue, Chicago

$475,000

8 Beds ⋅ 5 Baths ⋅ 12787969 MLS ⋅ ACTIVE Status

Check out this well mantained corner brick Duplex! Each spacious unit has 3 bedrooms, 2 Bathrooms, living room, kitchen, seperate dining room, beautiful hadwood floors, central air, plus a finished basement with additional living space. Each unit has central heating. This property also features a side driveway with a brick 2 car garage. Roof on the building and garage 2025. Refinished hardwood floors and granite counter tops 1st floor 2026. Conveniently located close to public transportation, nearby 90/94 Expressway ramp, schools, restaurants and stores. If you are looking for a multi-unit this is might just be the one! Schedule your showing today! THIS PROPERTY IS NOT FOR RENT/LEASE.

200 E 87Th Street, Chicago

$255,000

4 Beds ⋅ 2 Baths ⋅ 12787485 MLS ⋅ ACTIVE Status

Welcome to this beautifully recently rehabbed home that blends modern upgrades with comfortable living in the heart of Chicago. This residence features 4 bedrooms and 2 full bathrooms, thoughtfully designed for today's lifestyle. The interior has been refreshed from top to bottom, showcasing brand-new appliances, updated finishes, and a clean, contemporary look throughout. Natural light fills the living spaces, creating a warm and inviting atmosphere perfect for both everyday living and entertaining. The updated kitchen offers modern functionality with sleek appliances and ample cabinet space, while the renovated bathrooms feature stylish, modern touches. Other updates include brand new roof, new fenced in gate, yard and new front deck flooring. Whether you're a growing family or an investor seeking a move-in-ready property, this home delivers comfort, convenience, and value. Located near schools, transportation, and neighborhood amenities.

7653 S Saint Lawrence Avenue, Chicago

$385,000

4 Beds ⋅ 4 Baths ⋅ 12786248 MLS ⋅ ACTIVE Status

Fully remodeled and move-in ready, this spacious 4-bedroom, 3.5-bathroom home offers a great opportunity to own in Chicago's growing Chatham community. The home features a functional layout, generous living spaces, and a 3.5-car garage, plus an area that offers flexibility for a home gym, workshop, entertaining space, or whatever fits your lifestyle. With thoughtful updates throughout, there is nothing left to do but move in and make it your own. Conveniently located near the Dan Ryan Expressway, Nat King Cole Park, public transportation, shopping, dining, and everyday conveniences, this home combines space, updates, and accessibility in a location with plenty of potential.

8500 S Prairie Avenue, Chicago

$249,900

4 Beds ⋅ 2 Baths ⋅ 12785725 MLS ⋅ ACTIVE Status

Spacious brick bungalow in the desirable Chatham neighborhood! This 4-bedroom, 2-bath home features a bright living room, separate dining area, generous bedroom sizes, central air conditioning, and a full partially finished basement with additional living and storage space. Conveniently located near schools, parks, shopping, public transportation, and major expressways. Great opportunity to own a classic Chicago home with endless potential. Property sold as-is. Seller does not provide survey. Buyer to verify zoning and take subject to municipal requirements, if any. *Property not rent - beware of rental scams. Security camera enforced*

8519 S King Drive, Chicago

$159,900

3 Beds ⋅ 1 Baths ⋅ 12783342 MLS ⋅ ACTIVE Status

Welcome to 7532 S. Indiana Avenue, a charming brick bungalow offering three bedrooms, one full bathroom, and classic character throughout. Hardwood floors flow through the spacious living and separate dining rooms, creating an inviting setting for everyday living and entertaining. Large windows bring in natural light, while a decorative brick fireplace with built-in shelving adds charm to the living room. The kitchen features ample cabinet space and room for a small dining table. Three bedrooms offer flexibility for sleeping, a home office, or additional personal space. A full unfinished basement provides generous storage, while the backyard offers room to relax and enjoy the outdoors. A two-car garage completes this Chicago home. Photos are prior to tenant. Seller is working on a few cosmetic updates. Home is being sold "as is". Conventional or Cash only.

7532 S Indiana Avenue, Chicago

$399,900

5 Beds ⋅ 3 Baths ⋅ 12782873 MLS ⋅ ACTIVE Status

Beautiful and well maintained 2 flat updated within the last 5 years + partially finished garden unit. This property offers spacious living areas, modern finishes and a functional layout throughout. Three car brick garage and plenty of backyard space. Ideal for an owner-occupant or investor looking to add a solid multi-unit property to their portfolio. Conveniently located near public transportation and e-way. Schedule your showings today.

7605 S Calumet Avenue, Chicago

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Chatham Homes under $500,000

Newest Chatham Homes under $500,000

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