Homes for sale under $500k in Chicago, IL

Homes for sale under $500k in Chicago, IL

Experience sophisticated urban living like never before at The Reed, a brand-new luxury riverfront development in Chicago's Southbank neighborhood. Designed for exceptional lifestyles - this sustainable development by Lendlease, designed by Perkins + Will, offers first class amenities, sleek industrial-led design, direct Riverwalk and park access and stunning views. Thoughtfully curated, premier amenities with a focus on wellness include a dedicated fitness club with outdoor terrace, strength and motion studios, weekly fitness classes, massage room, salon, interactive sports simulator and media room. Additional private amenities that are the definition of next-level living include serene co

Homes for sale under $500k in Chicago, IL

This five-unit mixed-use property is ideally positioned in a high-traffic Chicago corridor surrounded by established local businesses, new developments, and strong neighborhood foot traffic. The building features four well-maintained commercial storefronts with excellent street visibility and signage exposure, plus one spacious residential apartment that provides stable supplemental income. Its prime location ensures consistent tenant demand and minimal vacancy. The area continues to see economic growth and revitalization, driving appreciation potential. With individually metered units, low operating costs, and upside in rental income, this property offers investors a rare opportunity to ow

Homes for sale under $500k in Chicago, IL

Discover a remarkable opportunity at 5154 S Halsted St, a versatile mixed-use property located in the heart of Chicago. This residence is uniquely designed to cater to diverse needs, making it ideal for a pastor seeking a new church home while simultaneously generating rental income from the upstairs apartments to support the community and cover operational costs. Currently operating as a thriving church, this space is perfect for a variety of uses including an event space, banquet hall, or restaurant. The main floor features a welcoming sanctuary that comfortably seats at least 100 worshippers, complemented by two restrooms, and a kitchen with a dining area. This well-appointed space is al

Homes for sale under $500k in Chicago, IL

Own a Rare Piece of Chicago History Don't miss this incredible opportunity to restore a true architectural gem. This massive Romanesque Revival Greystone, built circa 1890 by renowned architect Charles Weary, sits on an extra-wide 35' x 125' lot in red-hot East Garfield Park. Rich in character and potential, this rarely available historic mansion offers the perfect canvas for your vision. Originally constructed as a grand single-family residence, the home retains its classification, but with generous square footage and highly desirable RM-5 zoning, it also presents a prime investment opportunity. This is a full gut-rehab project, ideal for seasoned developers or passionate preservationists