Land for sale in Chicago, IL
6,903 government-owned homes and lots for sale in Chicago, from $350 — off-market land that never reaches Zillow or the MLS, updated daily on LandBankSearch.
Part of Cook County — see every land bank listing across the county.
- properties for sale
- 6,903
- median asking price
- $49,000
- lowest asking price
- $350
- land banks here
- 4
Cheapest listings in Chicago
See all on the map →
1% of area home value
5% of area home value
2% of area home value
2% of area home value
8% of area home value
6% of area home value
4% of area home value
5% of area home value
9% of area home valueCheap land bank homes and lots in Chicago
How the 87 priced Chicago listings break down by budget — most are vacant lots or homes that need renovation, and prices refresh daily.
- Under $1,000
- 1
- $1,000–$4,999
- 1
- $5,000–$10,000
- 11
Land banks serving Chicago
Buying land bank property in Chicago
Land bank purchases are application-based, not offer-based: pick a property from the official list, read that land bank’s program rules (owner-occupant priority, investor policies, renovation requirements), and apply with proof of funds. Title is typically cleared before resale. The process runs weeks to a few months — paperwork, not bidding wars. Our step-by-step buying guide covers every stage.
For Illinois specifics — programs, pricing, and which land banks matter — read How to buy land bank property in Illinois →
Chicago land bank FAQ
How many properties are for sale in Chicago?
6,903 government-owned homes and lots in Chicago, Illinois are listed on LandBankSearch right now, with asking prices from $350 and a median of $49,000. Inventory changes monthly; this page refreshes from official land bank sources nightly.
Where can I find land for sale in Chicago?
Most of the cheapest land for sale in Chicago isn't on Zillow — it's land bank and government-owned inventory sold directly by the local land bank. 546 of the current Chicago listings are vacant lots. LandBankSearch aggregates those official lists into one searchable map.
How do I buy a land bank property in Chicago?
Land bank purchases are application-based, not offer-based: pick a property from the list, show proof of funds (and usually a renovation plan for structures), and close directly with the land bank rather than through an agent. Many prioritize owner-occupants. The process runs weeks to a few months.
Why aren't these Chicago listings on Zillow?
Land banks aren't brokers and don't list on the MLS, which is where Zillow and Redfin get their data. Each publishes inventory on its own website — LandBankSearch aggregates those official lists so you can search Chicago in one place.