19 Selected Chicago Homes Under $400,000

A curated selection of renovated and updated single-family homes reviewed in MRED on November 10, 2026. Browse available photos and details below, then contact Paul Tyree to arrange your favorites.

Additional selected property

6600 S Bishop Street, Chicago — $299,900
4 bedrooms • 3 full bathrooms • MLS #12800764.
This home was active in MRED when reviewed but is not currently displaying in our website feed. Contact Paul for photos, current availability and a showing. It is included as the nineteenth home in this collection.

Paul Tyree | CEO | Paul Luxury Homes
Call or text 312-610-2175.

Prices and availability may change. Website bedroom counts may exclude below-grade bedrooms. At 9400 S Charles Street, the listing discloses a $400 annual city garage-use fee and a buyer permit requirement.

View the remaining 18 selected homes

11015 S Peoria Street, Chicago
$374,900
3 Beds ⋅ 3 Baths ⋅ 12800030 MLS ⋅ NEW Status
Timeless Character Meets Modern Luxury in Historic Morgan Park! Beautifully reimagined from top to bottom, this stunning 5-bedroom, 3-bathroom residence delivers an exceptional combination of sophisticated design, modern comfort, and everyday functionality. Spanning three beautifully finished levels, this thoughtfully renovated home offers the space and versatility to accommodate today's lifestyle while maintaining the charm of its historic Morgan Park setting. Step inside to discover inviting, light-filled living spaces complemented by stylish finishes and an effortless flow designed for both entertaining and everyday living. At the heart of the home, the showstopping chef's kitchen makes a statement with custom cabinetry, rich quartz countertops, premium stainless steel appliances, and a design that perfectly balances beauty and function. The spacious primary suite offers a private retreat, complete with a generous walk-in closet and an atmosphere designed for relaxation. Additional bedrooms provide flexibility for family, guests, or a dedicated home office. The fully finished lower level takes this home's versatility to another level, featuring an expansive family room, sleek dry bar, electric fireplace, full bathroom, and two additional bedrooms. Whether hosting overnight guests, creating the ultimate entertainment space, or accommodating multigenerational living, this level offers endless possibilities. The appeal continues outdoors with a welcoming exterior, private side driveway, fenced backyard, and detached two-car garage. The generous outdoor space provides the perfect setting for summer gatherings, weekend entertaining, or simply enjoying time at home. Ideally situated in historic Morgan Park, this exceptional residence offers convenient access to Metra transportation, major expressways, neighborhood parks, schools, shopping, and dining. A remarkable opportunity to enjoy the space of a traditional home with the style, finishes, and conveniences of modern living. Welcome home!

11015 S Peoria Street, Chicago

5843 S Indiana Avenue, Chicago
$354,900
4 Beds ⋅ 4 Baths ⋅ 12798483 MLS ⋅ ACTIVE Status
Welcome Home to 5843 S. Indiana Avenue! This beautifully updated 4-bedroom, 3.1-bathroom home offers the perfect combination of space, style, and convenience. From the moment you step inside, you'll appreciate the bright, open-concept layout designed for comfortable living and effortless entertaining. The main level features a spacious living area that flows seamlessly into a modern, updated kitchen-ideal for cooking, gathering, and everyday life. A highly desirable first-floor primary suite and convenient main-level laundry room add both comfort and functionality. Upstairs, you'll find three generously sized bedrooms, providing plenty of space for family, guests, or a home office. The finished lower level offers endless possibilities, whether you envision a family room, recreation area, playroom, home gym, or additional guest space. Step outside to enjoy a private backyard, perfect for relaxing, entertaining, or summer gatherings. The property also includes two exterior parking spaces, along with abundant street parking for visitors. Whether you're a first-time homebuyer looking for a place to call your own, an investor seeking a promising opportunity, or someone looking to own an Airbnb/short-term rental property, this home offers incredible potential and versatility. Ideally located near Washington Park, the University of Chicago, and the Obama Presidential Center, this home offers easy access to public transportation, dining, shopping, and neighborhood amenities. Comfort, convenience, community, and opportunity come together in this exceptional home. This is an absolute MUST-SEE! Schedule your showing TODAY! SELLER IS VERY MOTIVATED!*** THIS PROPERTY QUALIFIES FOR A COUNTY GRANT UP TO $17,750 - FROM PREFERRED LENDER - ASK FOR MORE DETAILS IN PRIVATE REMARKS

5843 S Indiana Avenue, Chicago

8100 S Cornell Avenue, Chicago
$349,900
3 Beds ⋅ 3 Baths ⋅ 12794647 MLS ⋅ ACTIVE Status
Prepare to be impressed by this beautifully renovated 4-bedroom, 3-full-bath home, offering generous living space across three finished levels. Thoughtfully updated from top to bottom, this home combines modern finishes, flexible living spaces, and an expansive outdoor setting. Step inside to gleaming hardwood floors that flow throughout the main living areas. The spacious living and dining rooms are filled with natural light and feature stylish custom accent walls that add warmth and character. The main level also offers a large bedroom conveniently located next to a fully renovated full bathroom - ideal for guests, a home office, or flexible first-floor living. The showstopping kitchen is open, bright, and designed for both everyday living and entertaining. Enjoy new custom cabinetry, thick butcher-block countertops, all-new stainless steel appliances, a custom farmhouse sink, floating shelves, a corner storage hutch, and plenty of space for a kitchen table. Upstairs, you're welcomed by a spacious office or flex area before entering the bedroom wing. This level features two generously sized bedrooms and another beautifully renovated full bathroom. Expansive primary bedroom is a true retreat, complete with two walk-in closets and an adorable bonus room that could easily serve as a dressing room, private office, reading nook, nursery, or additional storage. Full finished basement adds even more usable living space and offers excellent potential for extended living or entertaining. It features a huge family room, an additional bedroom, a third full bathroom with walk-in shower, and a separate utility area. Major improvements include a new roof, new hot water tank, a combination of brand-new and existing windows, and dual-zoned heating and cooling. The furnace and A/C are approximately eight years old. Outside, the property continues to impress with massive rear and side yards, including an additional lot with a separate PIN, providing an incredible amount of outdoor space. New rear wood fencing creates added privacy, while the 2-car garage and new concrete complete the package. Beautifully renovated, spacious, and move-in ready with three finished levels and an extra lot - this is one you truly have to see to appreciate!

8100 S Cornell Avenue, Chicago

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