Homes for sale under $500k in Chicago, IL

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ABOUT THIS HOME
Homes for sale under $500k in Chicago, IL
Location! Location! Location! Rarely available EAST facing 2 bedroom/2 bathroom plus den in the HEART of South Loop! This unique unit offers combined Lake and City view, one of the most desirable tier in the building! Split bedroom layout with OAK hardwood flooring in the main living room and bamboo flooring in both bedrooms. Spacious living/dining area with floor-to-ceiling windows leading to a large balcony with gorgeous views. The kitchen features stainless steel appliances, granite counter tops and breakfast bar plus full backsplash. Enormous primary bedroom features dual vanities, standing shower and soaking tub. Building amenities include indoor pool, fitness center, community room

$495,000

2 beds2 baths1,358 sq ft

100 E 14th St #1502, Chicago, IL 60605

Lake and city view • Large balcony • Bamboo flooring

ABOUT THIS HOME
Homes for sale under $500k in Chicago, IL
This is a unique opportunity to own a top floor 3-bedroom apartment with beautiful lake views, a gas fireplace with a chimney, central air and in-unit laundry. The classic floor plan includes a gracious entry, an enormous living room, a formal dining room and a large eat-in kitchen. There is in-unit laundry just off the kitchen. The primary bedroom has stunning views, accommodates a king-size bed and has an en-suite bathroom with a shower and bidet. The second bedroom also has lake views and an en-suite bathroom. The third bedroom is currently used as a den. Enjoy the lakefront paths & beaches, the Bryn Mawr Historic District and Andersonville. Monthly assessments include property tax

$495,000

3 beds2 baths2,000 sq ft

5555 N Sheridan Rd #1906, Chicago, IL 60640

Large eat-in kitchen • Formal dining room • Lake views

$495,000

4 beds3 baths1,700 sq ft

2510 N Linder Ave, Chicago, IL 60639

3,150 sq ft lot • Listed 15 days

ABOUT THIS HOME
Homes for sale under $500k in Chicago, IL
Fantastic 2-Unit Investment Opportunity in Austin, Chicago Located in the vibrant and rapidly developing Austin neighborhood, this well-maintained 2-unit property presents an excellent opportunity for investors or owner-occupants alike. Very spacious apartments. Unit 1 has 3 bedrooms 1 bath and unit 2 has 4 beds and 1 bath, highlighted by gleaming hardwood floors throughout. The recently remodeled kitchens and bathrooms boast modern finishes that blend style and functionality, adding a touch of elegance to everyday living. Potential to duplex unit 1 to the basement offers tremendous potential for additional living space, storage, or future customization. Additional highlights include: Sep

$495,000

7 beds2 baths— sq ft

43 N Menard Ave, Chicago, IL 60644

Separate utilities • Remodeled kitchens • Remodeled bathrooms

ABOUT THIS HOME
Homes for sale under $500k in Chicago, IL
Magnificent Drake Tower stunning 2-bedroom residence featuring views of Oak Street and Lake Shore Drive North. It is a combination of history and vintage charm along with the comforts of new spacepak central ac; Closets by design in primary, guest and utility closets; new window treatments throughout; new lighting in primary, guest bedrooms and livingroom; new kitchen faucet, tiled backsplash and Liebherr refrigerator. Lots more upgrades too numerous to mention. Recently painted throughout with Farrow & Ball paint. Hardwood flooring throughout; original crown molding, high ceilings and 2 large bedrooms with ensuite baths. This unit is perfection! Situated within the Benjamin Marsh

$494,000

2 beds2 baths1,530 sq ft

179 E Lake Shore Dr Unit 19S, Chicago, IL 60611

Tiled backsplash • New kitchen faucet • Spacepak central ac

Property at 5815 S May St, Chicago, IL 60621, 16 beds, 6 baths

$490,000

16 beds6 baths— sq ft

5815 S May St, Chicago, IL 60621

Property at 211 N Harbor Dr #2007, Chicago, IL 60601, 1 bed, 1 bath

$490,000

1 bed1 bath661 sq ft

211 N Harbor Dr #2007, Chicago, IL 60601

Property at 6851-55 S Wolcott Ave, Chicago, IL 60636

$490,000

— beds— baths— sq ft

6851-55 S Wolcott Ave, Chicago, IL 60636

Property at Sign in for address, Chicago, IL 60615, 3 beds, 2.5 baths

$490,000

3 beds2.5 baths1,774 sq ft

Property at 349 W 26th St, Chicago, IL 60616, 5 beds, 2.5 baths

$489,900

5 beds2.5 baths— sq ft

349 W 26th St, Chicago, IL 60616

Property at 8409 S Burley Ave, Chicago, IL 60617

$489,900

— beds— baths— sq ft

8409 S Burley Ave, Chicago, IL 60617

Property at 520 W Huron St #109, Chicago, IL 60654, 2 beds, 2 baths

$489,900

2 beds2 baths— sq ft

520 W Huron St #109, Chicago, IL 60654

Property at 6113 S Sacramento Ave, Chicago, IL 60629, 5 beds, 3 baths

$489,900

5 beds3 baths— sq ft

6113 S Sacramento Ave, Chicago, IL 60629

Property at 2848 N Mobile Ave, Chicago, IL 60634, 4 beds, 2 baths

$489,900

4 beds2 baths2,500 sq ft

2848 N Mobile Ave, Chicago, IL 60634

Property at 3759 N Pioneer Ave, Chicago, IL 60634, 3 beds, 2 baths

$489,900

3 beds2 baths2,400 sq ft

3759 N Pioneer Ave, Chicago, IL 60634

Property at 330 W Diversey Pkwy #2108, Chicago, IL 60657, 2 beds, 2 baths

$489,000

2 beds2 baths1,200 sq ft

330 W Diversey Pkwy #2108, Chicago, IL 60657

Property at 310 S Michigan Ave #1907, Chicago, IL 60604, 2 beds, 2 baths

$489,000

2 beds2 baths1,350 sq ft

310 S Michigan Ave #1907, Chicago, IL 60604

Property at 611 W 25th Pl, Chicago, IL 60616, 3 beds, 1.5 baths

$489,000

3 beds1.5 baths4,788 sq ft

611 W 25th Pl, Chicago, IL 60616

Property at 928 E 46th St, Chicago, IL 60653, 4 beds, 2 baths

$489,000

4 beds2 baths3,200 sq ft

928 E 46th St, Chicago, IL 60653

Property at 6504 N Whipple St, Chicago, IL 60645, 4 beds, 2.5 baths

$489,000

4 beds2.5 baths1,604 sq ft

6504 N Whipple St, Chicago, IL 60645

Property at 4851 W Concord Pl, Chicago, IL 60639, 4 beds, 2 baths

$489,000

4 beds2 baths— sq ft

4851 W Concord Pl, Chicago, IL 60639

Property at 175 E Delaware Pl #4503, Chicago, IL 60611, 2 beds, 2 baths

$489,000

2 beds2 baths1,560 sq ft

175 E Delaware Pl #4503, Chicago, IL 60611

Property at 4607 S Karlov Ave, Chicago, IL 60632, 4 beds, 3 baths

$489,000

4 beds3 baths— sq ft

4607 S Karlov Ave, Chicago, IL 60632

Property at 659 W Randolph St #1401, Chicago, IL 60661, 2 beds, 2 baths

$489,000

2 beds2 baths1,200 sq ft

659 W Randolph St #1401, Chicago, IL 60661

Property at 1333 N Burling St Unit B, Chicago, IL 60610, 3 beds, 2.5 baths

$487,000

3 beds2.5 baths1,400 sq ft

1333 N Burling St Unit B, Chicago, IL 60610

Property at 1400 N Lawndale Ave, Chicago, IL 60651, 5 beds, 3 baths

$487,000

5 beds3 baths— sq ft

1400 N Lawndale Ave, Chicago, IL 60651

Property at 1631 S Michigan Ave #410, Chicago, IL 60616, 2 beds, 2 baths

$485,500

2 beds2 baths1,425 sq ft

1631 S Michigan Ave #410, Chicago, IL 60616

Property at 2800 N Lake Shore Dr #502, Chicago, IL 60657, 2 beds, 2 baths

$485,000

2 beds2 baths— sq ft

2800 N Lake Shore Dr #502, Chicago, IL 60657

Property at 33 W Ontario St Unit 34EN, Chicago, IL 60654, 2 beds, 2 baths

$485,000

2 beds2 baths1,250 sq ft

33 W Ontario St Unit 34EN, Chicago, IL 60654

Property at 818 N Dearborn St Unit 1R, Chicago, IL 60610, 2 beds, 2 baths

$485,000

2 beds2 baths1,000 sq ft

818 N Dearborn St Unit 1R, Chicago, IL 60610

Property at 230 W Division St #1202, Chicago, IL 60610, 2 beds, 2 baths

$485,000

2 beds2 baths— sq ft

230 W Division St #1202, Chicago, IL 60610

Property at 5928 W Walton St, Chicago, IL 60651, 7 beds, 4 baths

$485,000

7 beds4 baths— sq ft

5928 W Walton St, Chicago, IL 60651

Property at 07 Tier Plan, 8ge1xh Chicago, IL 60601, 1 bed, 1 bath

$485,000

1 bed1 bath661 sq ft

07 Tier Plan, 8ge1xh Chicago, IL 60601

Listing provided by Zillow

Property at 5110 W Fullerton Ave, Chicago, IL 60639

$485,000

— beds— baths3,000 sq ft

5110 W Fullerton Ave, Chicago, IL 60639

Property at 5555 N Sheridan Rd #1506, Chicago, IL 60640, 3 beds, 3 baths

$485,000

3 beds3 baths2,000 sq ft

5555 N Sheridan Rd #1506, Chicago, IL 60640

Property at 3308 N Octavia Ave, Chicago, IL 60634, 3 beds, 2.5 baths

$485,000

3 beds2.5 baths1,254 sq ft

3308 N Octavia Ave, Chicago, IL 60634

Property at 1529 S State St #6, Chicago, IL 60605, 3 beds, 2.5 baths

$485,000

3 beds2.5 baths2,025 sq ft

1529 S State St #6, Chicago, IL 60605

Property at 428 N Noble St #2, Chicago, IL 60642, 2 beds, 2 baths

$485,000

2 beds2 baths1,220 sq ft

428 N Noble St #2, Chicago, IL 60642

Property at 4704 S St Lawrence Ave Unit 4E, Chicago, IL 60615, 3 beds, 2 baths

$485,000

3 beds2 baths1,500 sq ft

4704 S St Lawrence Ave Unit 4E, Chicago, IL 60615

Property at 6637 W 64th Pl, Chicago, IL 60638, 4 beds, 2.5 baths

$485,000

4 beds2.5 baths3,100 sq ft

6637 W 64th Pl, Chicago, IL 60638

Property at 4559 S Michigan Ave Unit 3N, Chicago, IL 60653, 4 beds, 2.5 baths

$485,000

4 beds2.5 baths— sq ft

4559 S Michigan Ave Unit 3N, Chicago, IL 60653

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Based on information submitted to the MLS GRID as of Sun Nov 30 2025. 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.

Homes for sale under $500k in Chicago

There are currently 3605 homes for sale under $500k in Chicago. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Chicago stay on the market for 56 days and receive 3 offers. Popular neighborhoods include Lincoln Park, Lake View, Beverly, Logan Square, and West Loop. This map is refreshed with the newest listings in Chicago every 15 minutes.

In the past month, 2107 homes have been sold in Chicago. In addition to houses in Chicago, there were also 4639 condos, 315 townhouses, and 1629 multi-family units for sale in Chicago last month. Chicago is a fairly walkable city in Cook County with a Walk Score of 77. Chicago is home to approximately 2,691,070 people and 1,261,210 jobs. Find your dream home in Chicago using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Chicago are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Chicago. Our Chicago real estate stats and trends will give you more information about home buying and selling trends in Chicago. If you're looking to sell your home in the Chicago area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Chicago with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $500k in Chicago, IL

Homes for sale under $500k in Chicago

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