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Cheap Homes for Sale in Chicago, IL 337 Homes under $230,000 Available Sort by Best match Tile 10 7700 S Yates Boulevard, Chicago, IL 60649 4 Beds 3 Baths 2,400 Sqft 0.098 ac Lot Size This remarkable 4-bedroom, 2.5-bath residence is strategically located on a corner lot, just a mere 5-minute drive from the picturesque lakefront and Lake Shore ...Prices are up partly because elevated mortgage rates were hampering prices during this time last year. Median asking price. $385,048. 5%. Biggest increase in a year. …HOT HOME. $225,000. 2 Beds. 1 Bath. 1,000 Sq. Ft. 4661 N Spaulding Ave #2, Chicago, IL 60625. Cheap Home for Sale in Albany Park, IL: Welcome to this stunning 3 bed/2 bath extra-large condo in the heart of Albany Park! This unit boasts an impeccable interior that has been freshly painted, ensuring it shines like new.3214-16 S Throop St, Chicago, IL 60608. $365,000. 5 Beds. 2 Baths. — Sq. Ft. 2726 S Bonfield St, Chicago, IL 60608. 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