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Homes Under $500K in Chicago, IL
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Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

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  • Closing costs, itemized
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2,272 listings
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3 bedsNew constructionWith a pool

Homes Under $500K in Chicago, IL

Homes Under $500K in Chicago, IL

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24 of 2,272 Listings
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Homes Under $500K in Chicago, IL

24 of 2,272 Listings

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JJ

Jeffrey Jonas

Realty.com

Lic. #471.004966

Call Jeffrey
  1. 638 W 47th Street — photoNew24Active

    $425,000

    2 bd · 3 ba · — sqft

    638 W 47th Street, Chicago, IL

    Trevor Pauling · john greene, Realtor

  2. 5708 W George Street 2 — photoNew23Active

    $129,900

    1 bd · 1 ba · 750 sqft

    5708 W George Street 2, Chicago, IL

    Kristian Marinov · Landstar Realty Group, Inc.

  3. 5256 S Drexel Avenue 3D — photoNew11Active

    $209,900

    2 bd · 2 ba · 820 sqft

    5256 S Drexel Avenue 3D, Chicago, IL

    Mera Kordic · RE/MAX Premier

  4. 3737 N Cumberland Avenue — photoNew30Active

    $499,000

    3 bd · 3 ba · 2,271 sqft

    3737 N Cumberland Avenue, Chicago, IL

    Robin Allotta · Compass

  5. 899 S Plymouth Court 1505 — photoNew20Active

    $224,900

    1 bd · 1 ba · 850 sqft

    899 S Plymouth Court 1505, Chicago, IL

    Marina Collazo · Redfin Corporation

  6. 1425 W Summerdale Avenue 3a — photoNew25Active

    $450,000

    2 bd · 1 ba · — sqft

    1425 W Summerdale Avenue 3a, Chicago, IL

    Jean-Paul Maund · Keller Williams ONEChicago

  7. 758 N Larrabee Street 305 — photoNew19Active

    $455,000

    2 bd · 2 ba · — sqft

    758 N Larrabee Street 305, Chicago, IL

    Brian Pistorius · Compass

  8. 8404 S Oglesby Avenue — photoNew19Active

    $355,000

    3 bd · 3 ba · 1,224 sqft

    8404 S Oglesby Avenue, Chicago, IL

    Destenii Thomas-Anderson · Keller Williams ONEChicago

  9. 8446 S Marshfield Avenue — photoNew25Active

    $259,000

    4 bd · 2 ba · 1,569 sqft

    8446 S Marshfield Avenue, Chicago, IL

    Crystal Trevino · RE/MAX Mi Casa

  10. 7832 S Vernon Avenue — photoNew18Active

    $335,000

    3 bd · 4 ba · 1,300 sqft

    7832 S Vernon Avenue, Chicago, IL

    Tina Swopes · Coldwell Banker Realty

  11. 4950 S Chicago Beach Drive 4a — photoNew31Active

    $275,000

    4 bd · 4 ba · 4,197 sqft

    4950 S Chicago Beach Drive 4a, Chicago, IL

    Ian Schwartz · Coldwell Banker Realty

  12. 7000 W 71st Place — photoNew55Active

    $339,000

    3 bd · 2 ba · 1,500 sqft

    7000 W 71st Place, Chicago, IL

    Jeanine Jibawi · Chicagoland Brokers, Inc.

  13. 6700 S Crandon Avenue 3a — photoNew35Active

    $205,000

    4 bd · 3 ba · 2,100 sqft

    6700 S Crandon Avenue 3a, Chicago, IL

    Sherman Tidwell · eXp Realty

  14. 211 E Ohio Street 1715 — photoNew26Active

    $275,000

    1 bd · 1 ba · 800 sqft

    211 E Ohio Street 1715, Chicago, IL

    Brittney Jarrett · LPT Realty LLC

  15. 5100 S Hyde Park Boulevard 2D — photoNew15Active

    $230,000

    2 bd · 1 ba · — sqft

    5100 S Hyde Park Boulevard 2D, Chicago, IL

    Valerie Wright · RE/MAX Premier

  16. 5318 S Narragansett Avenue — photoNew20Active

    $499,900

    3 bd · 2 ba · 2,172 sqft

    5318 S Narragansett Avenue, Chicago, IL

    Halina Novakovich · Baird & Warner

  17. 928 E 46th Street — photoNew23Active

    $450,000

    4 bd · 3 ba · 3,200 sqft

    928 E 46th Street, Chicago, IL

    Naja Morris · @properties Christie's International Real Estate

  18. 2458 W Grace Street 2 — photoNew21Active

    $424,900

    2 bd · 1 ba · — sqft

    2458 W Grace Street 2, Chicago, IL

    Dawn Venit · Baird & Warner

  19. 8322 S Burnham Avenue — photoNew19Active

    $215,000

    4 bd · 2 ba · 1,800 sqft

    8322 S Burnham Avenue, Chicago, IL

    Santiago Camargo · Smart Home Realty

  20. 638 N Lotus Avenue — photoNew32Active

    $400,000

    5 bd · 2 ba · 2,200 sqft

    638 N Lotus Avenue, Chicago, IL

    Jorge Vega · New Avenue Realty LLC

  21. 7033 N Kedzie Avenue 303 — photoNew22Active

    $125,000

    1 bd · 1 ba · 800 sqft

    7033 N Kedzie Avenue 303, Chicago, IL

    Earl Ruthman · Century 21 Circle

  22. 1652 W Montvale Avenue — photoNew14Active

    $195,000

    3 bd · 2 ba · — sqft

    1652 W Montvale Avenue, Chicago, IL

    Richard Kasper · Compass

  23. 211 N Harbor Drive 3605 — photoNew48Active

    $449,000

    1 bd · 1 ba · 687 sqft

    211 N Harbor Drive 3605, Chicago, IL

    Matt Laricy · Americorp, Ltd

  24. 5016 S King Drive 3W — photoNew31Active

    $149,900

    2 bd · 2 ba · 1,050 sqft

    5016 S King Drive 3W, Chicago, IL

    Jacob Reiner · Redfin Corporation

12…95

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Listing data & MLS disclosures

Midwest Real Estate Data (MRED)
Based on information submitted to the MLS GRID as of 2026-09-02 17:00:43 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Chicago, IL community profile

Population
2,691,710
Median income
$71,438
Housing units
1,189,407
People per sq. mi.
11,262.4
Area
239 sq. mi.

Source: HJN community data

Chicago housing market

July 2026 · This period is still settling

Chicago 12-month median sale price trend

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 1,094 sales · as of Jul 20, 2026

Homes that sold · County records, as of Jul 8, 2026

Median sale price
$448,000$275,000–$780,000 typical range
Price per sq. ft.
$283
Sales
931
Paid in cash
34.6%

Homes on the market · MLS, as of Jul 20, 2026–Jul 21, 2026

Median list price
$385,000
Homes for sale
3,253
Median days on market
9 days

Price trend · Assessor repeat sales, as of Jul 31, 2026

Year-over-year
15.4%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026

Median home size
1,589 sq. ft.
    • New construction
    • With a pool

    Your local brokerage

    JJ

    Jeffrey Jonas

    Realty.com

    Lic. #471.004966

    Call Jeffrey