Homes for sale under $500k in Chicago, IL

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

Step into timeless elegance reimagined for today's living. This fully renovated 4-bedroom, 3-bath residence blends classic Bronzeville charm with modern sophistication-featuring quartz counters, white shaker cabinets, and original hardwood floors throughout. Enjoy a gas/wood-burning fireplace, clawfoot soaking tub, and a modern rain shower. The bay window floods the living room with natural light, while a private gated parking space adds everyday convenience. Just minutes from Hyde Park and the Bronzeville corridor's restaurants, cafes, and lakefront. Own a piece of the city's renaissance at 422 E 48th.

Homes for sale under $500k in Chicago, IL

Introducing "Staglin", A brand new, boutique elevator building, with a collection of 12 light-filled two bed, two bath, corner units, each with an incredible rooftop terrace with private, dedicated areas for every residence. Thoughtfully curated finishes include hardwood floors throughout, custom kitchens with quartz countertops, and spa-inspired bathrooms. Ideally located in the heart of Wicker Park, just steps from the shops and restaurants of both Division St. and Milwaukee Ave. A rare opportunity to own new construction in one of Chicago's most vibrant neighborhoods.

Homes for sale under $500k in Chicago, IL

Welcome to this bright and spacious south- and west-facing corner unit in the heart of desirable River North! This beautiful 2 bed / 2 bath unit was just freshly painted throughout and includes one garage spot. Even better-your brand-new HVAC system and thermostat were installed on October 30, 2025, offering peace of mind for years to come. The unit is flooded with natural light thanks to the over-sized windows (with Venetian blinds) to the south and west. Enjoy hardwood floors, in-unit laundry, a private balcony, and an open-concept living/dining area perfect for entertaining. The kitchen features granite countertops, a large breakfast bar, and excellent cabinet storage. Step out onto the