Lawndale Homes under $400,000

Welcome to Lawndale, a vibrant neighborhood nestled in the heart of Chicago, Illinois. With its rich history and diverse community, Lawndale offers a unique blend of urban living and suburban charm. Known for its strong sense of community, this area is ideal for families, young professionals, and anyone looking to enjoy the best of city life while being part of a close-knit neighborhood.

One of the standout features of Lawndale is its affordability. With a variety of homes available for under $400,000, it provides an excellent opportunity for first-time homebuyers and those seeking to invest in real estate. From cozy bungalows to spacious single-family homes, the options are as diverse as the community itself. Many properties boast classic architectural details, large yards, and easy access to local amenities, making them perfect for both relaxation and entertaining.

Lawndale is also conveniently located near major transportation routes, allowing residents to easily commute to downtown Chicago and beyond. The neighborhood is rich in parks and recreational spaces, perfect for outdoor enthusiasts and families looking to enjoy the fresh air. Additionally, you'll find a variety of local shops, restaurants, and cultural attractions that celebrate the neighborhood's heritage.

Whether you're searching for your first home or looking to settle down in a welcoming community, Lawndale offers a unique opportunity to experience the vibrant spirit of Chicago living—all while staying within budget. Explore the charming homes of Lawndale today and discover the perfect place to call home!

Newest Lawndale Homes under $400,000

$230,000

5 Beds ⋅ 2 Baths ⋅ 12786578 MLS ⋅ NEW Status

Fantastic Investment Opportunity! Discover the potential of this well-maintained, all-brick two-unit building, offering a great opportunity for investors or owner-occupants alike! 1st floor unit features 2 bedrooms, 1 full bathroom, and an enclosed porch. The 2nd floor features 3 beds 1 full bath. A standout feature is the expansive walk-up attic with impressive ceiling height, offering endless possibilities for future expansion, including the potential to duplex up and create additional bedrooms or living space. The property also features a large, paved rear parking pad with fencing for added convenience. Fully rented with solid rental income, both units are currently occupied by month-to-month tenants, providing flexibility for the next owner or ask to sign new lease. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers incredible potential. Bring your decorating ideas and vision to make the most of this opportunity! Schedule your showing today and explore all the possibilities this property has to offer!

1429 S Komensky Avenue, Chicago

$380,000

5 Beds ⋅ 2 Baths ⋅ 12776067 MLS ⋅ NEW Status

**Great Investment Opportunity Just Minutes from Downtown Chicago!** Discover the potential of this spacious **Brick Greystone two-unit property**, ideal for investors and owner-occupants looking to build equity or expand their real estate portfolio! This beautiful Chicago Greystone offers generous living spaces and extra-large bedrooms on both levels. The **second-floor unit features 3 bedrooms and 1 bathroom**, while the **first-floor unit offers 2 bedrooms and 1 bathroom with a duplex layout connecting to the unfinished basement**. Bring your vision and creativity to the basement, offering exciting possibilities for future improvements and customization, subject to applicable building codes and approvals. **Both units are currently vacant**, giving the next owner the flexibility to move right in, establish rental income, or make improvements to maximize the property's potential. The spacious, open backyard offers additional possibilities for a newly constructed garage, concrete parking slab, or outdoor entertainment space. Conveniently located with access to downtown Chicago, major expressways, shopping, dining, and public transportation. Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant interested in house hacking, this **Chicago Greystone** offers space, character, flexibility, and outstanding value-add potential. **Bring your ideas, explore the possibilities, and make this investment your own!**

3318 W Flournoy Street, Chicago

$180,000

6 Beds ⋅ 4 Baths ⋅ 12784879 MLS ⋅ ACTIVE Status

3 unit multi family building in the North Lawndale area. Spacious layout, total gut rehab. Sold AS-IS

1224 S Kolin Avenue, Chicago

$150,000

3 Beds ⋅ 3 Baths ⋅ 12784014 MLS ⋅ ACTIVE Status

Calling all investors, rehabbers, and savvy buyers! Bring your vision and transform this 5-bedroom, 3-bath single-family home into your next successful project. Offering approximately 1,300 square feet of living space, this property has been taken down and framed out, providing a head start for the buyer ready to complete the renovation and bring the home back to life. The existing layout offers excellent flexibility with three bedrooms above grade, two additional bedrooms on the lower level, three full bathrooms, a full basement, and a detached 2-car garage. Whether you're looking for your next fix-and-flip, investment property, or an opportunity to renovate and hold, this property offers a blank canvas with plenty of potential. Convenient Chicago location with access to public transportation, major thoroughfares, neighborhood amenities, and downtown. Property requires renovation and is being sold strictly as-is. Cash or renovation/rehab financing preferred. This home qualifies for up to $16,000 through the HOPER Homebuyer Program! Bring your contractor, your plans, and your creativity; this is the opportunity you've been waiting for!

1508 S Komensky Avenue, Chicago

$395,000

3 Beds ⋅ 2 Baths ⋅ 12783112 MLS ⋅ ACTIVE Status

Discover modern living in this beautifully designed, high-performance modular new construction home by Inherent Homes! This 3-bedroom, 2-bath home offers approximately 1,425 square feet of thoughtfully designed living space, combining energy efficiency, smart home technology, and contemporary finishes. The open-concept living, dining, and kitchen area features stainless steel appliances, solid-surface countertops, and plank flooring throughout. Enjoy a versatile second-floor family room, dedicated workspace in every bedroom, and a first floor designed with accessibility and adaptability in mind. Built for comfort and efficiency, Inherent Homes feature energy-efficient heating and cooling systems, air ventilation and purification systems, water and energy monitoring, & ENERGY STAR ratings. Inherent Homes features include keyless entry, a security system, and convenient USB outlets. Outdoor features include a landscaped and fenced backyard. Eligible buyers may qualify for assistance and additional homeownership grants, subject to program requirements and availability. Experience the benefits of modern construction, energy-efficient living, and a home designed for long-term comfort and value. Welcome home to Inherent Homes!

611 N Lawndale Avenue, Chicago

$75,000

5 Beds ⋅ 3 Baths ⋅ 12777118 MLS ⋅ ACTIVE Status

Investment by opportunity in North Lawndale!! 2 Unit With a 2 story Coach house in the back!!! Two properties for the price of one! Building is ready for the next savvy investor! Commercial storefront, apartment unit on top, and separated coach house in the back! Endless possibilities!! NEW CONTRUCTION ALL AROUND THIS SECTION OF THE CITY! Schedule your showing today!

1304 S Karlov Avenue, Chicago

$224,900

3 Beds ⋅ 2 Baths ⋅ 12775495 MLS ⋅ ACTIVE 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 ⋅ ACTIVE 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 ⋅ ACTIVE 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 ⋅ ACTIVE 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 ⋅ ACTIVE 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

$397,000

12 Beds ⋅ 3 Baths ⋅ 12770671 MLS ⋅ ACTIVE Status

Rarely available, TRUE 3 story, 3 unit building with a basement in Hot North Lawndale. Perfect for live-in owner or investor. $5K monthly rental potential now, but could be more with basement possibilities. Gut rehab in 2001, since then remodeled to rent, and easy to rent. Each massive (1600SF+) unit features 4 NATURAL bedrooms per floor. The high and dry unfinished basement offers separate ingress and egress, waiting for your ideas. Separate gas forced air furnaces in all 3 units, 2nd and 3rd floor have washer/dryer and newer hot water tanks in unit. 2nd floor completely remodeled and will be rented soon (currently listed for rent). 3rd floor vacating soon, and will be rented soon after some work...or buy it and pick your own tenants. 1st floor needs the most work, as they have been here 27 years. If no offer by the time I rent 2nd and 3rd floor, I will remove from the market and list again next year, totally rented and finished. Recently tuck pointed, roof newly white coated and hall way freshly painted. Decorative fireplaces in all 3 units. Visual colored camera system in and around the property. Yard mostly fenced in. Storage shed on rear south end of property for supplies. Wrought iron security gate for front access. North and South lots owned by the City of Chicago. Reasonably near United Center, Medical District, Schools (bus service), shopping, parks, hospitals, churches, I290, CTA, El and Metra. Owner/Seller is a Illinois Licensed Real Estate Broker. Priced within the market.

1307 S Lawndale Avenue, Chicago

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Lawndale Homes under $400,000

Newest Lawndale Homes under $400,000

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