Cook County Homes under $500,000

Welcome to Cook County, Illinois, a vibrant and diverse region that perfectly blends urban sophistication with suburban charm. As the second most populous county in the United States, Cook County is home to the bustling city of Chicago, renowned for its stunning skyline, rich cultural heritage, and world-class dining and entertainment options. However, beyond the city limits, you'll discover a tapestry of charming neighborhoods and communities, each with its own unique character and appeal.

For homebuyers seeking value without compromising on quality, Cook County offers a fantastic selection of homes priced under $500,000. From cozy bungalows in historic districts to modern townhomes with contemporary finishes, there’s something for everyone in this price range. Families can enjoy spacious yards and access to excellent schools, while young professionals might find stylish condos close to public transportation and vibrant nightlife.

Living in Cook County means embracing a lifestyle filled with opportunities. Enjoy leisurely weekends at picturesque parks, explore the extensive network of bike trails, or indulge in retail therapy at local boutiques. The county also boasts a rich tapestry of cultural experiences, from museums and art galleries to live music venues and theaters.

With its strategic location, diverse communities, and affordable housing options, Cook County is an excellent choice for anyone looking to plant roots in Illinois. Whether you’re a first-time homebuyer or looking to downsize, your dream home awaits in this dynamic and welcoming county. Explore the possibilities today and discover why Cook County is the perfect place to call home!

Newest Cook County Homes under $500,000

$80,000

3 Beds ⋅ 2 Baths ⋅ 12776427 MLS ⋅ NEW Status

8012 S Essex Avenue Unit #3S, Chicago

9814 Sayre Avenue Unit #204, Chicago Ridge

$159,999

2 Beds ⋅ 1 Baths ⋅ 12776432 MLS ⋅ NEW Status

Welcome to this beautifully renovated and well-maintained second-floor condo in Chicago Ridge! This spacious 2-bedroom, 1-bath unit offers a bright, open floor plan and hardwood flooring throughout. The well-appointed kitchen features an abundance of custom cabinetry and includes all appliances, providing both style and functionality. The inviting living room opens to a private balcony, creating a comfortable space to relax and enjoy the outdoors. Additional highlights include an in-unit washer and dryer, a bathroom equipped with convenient grab bars, two assigned parking spaces, and a dedicated storage unit located in the main laundry room. The monthly assessment includes heat, gas, and water, with the owner responsible for electricity only. Investors will appreciate that rentals are allowed, making this an excellent investment opportunity. Ideally situated near parks and recreation, shopping, restaurants, and major highways, this condo offers convenience and easy access to everything Chicago Ridge has to offer. A wonderful opportunity for both owner-occupants and investors!

9814 Sayre Avenue Unit #204, Chicago Ridge

1165 Pleasant Run Drive Unit #513, Wheeling

$158,000

1 Beds ⋅ 1 Baths ⋅ 12776367 MLS ⋅ NEW Status ⋅ Pleasant Run BLDG.

Welcome home to this beautiful 1 Bedroom 1 Bathroom condo in Pleasant run. Bright airy and spacious unit. Large living room and dining , Kitchen with stainless steel appliances. Pets are welcome , rentals allowed. Current lease expires May 2028

1165 Pleasant Run Drive Unit #513, Wheeling

575 Heritage Drive Unit #208, Hoffman Estates

$155,000

1 Beds ⋅ 1 Baths ⋅ 12773385 MLS ⋅ NEW Status

Investors friendly.There is no rental cap. Welcome to Steeple Hill subdivision! Absolutely charming 2nd floor condo with 1 assigned parking space. Designated parking spot 1-36. Low taxes and assessments! Investors are welcome.Updated bathroom floor and kitchen.A great location near shopping, dining, entertainment, parks and interstates. Won't last long! Conant High School!

575 Heritage Drive Unit #208, Hoffman Estates

$181,900

4 Beds ⋅ 2 Baths ⋅ 12773913 MLS ⋅ NEW Status

This home has generous room sizes, access to patio and balcony from bedrooms or kitchen, and has been beautifully renovated. It has newer appliances and is presently a 4-bedroom two bath home, utilizing the lower level as a master suite. The lower-level ample flexible space that can be used as an office, or it can be used, in part, or in its entirety, as additional recreational area. Fenced backyard and extra wide driveway. Great for owner occupant or rental property. Make it your own today!

Sauk Village

$320,000

3 Beds ⋅ 2 Baths ⋅ 12776413 MLS ⋅ NEW Status

LOOKING FOR YOUR NEW HOME? LOOK NO FURTHER. THIS UPDATED WELL APPOINTED 3 BEDROOM 2 BATH HOME IS WHAT YOU HAVE BEEN LOOKING FOR. LIGHT AND BRIGHT DECOR THIS HOME FEATURES BEAUTIFUL HARDWOOD FLOORS, A GREAT KITCHEN WITH NEWER STAINLESS STEEL APPLIANCES LOTS OF CABINETS, ISLAND AND TILED BACKSPLASH. RELAX AND ENTERTAIN IN THE OVERSIZED FAMILY ROOM WITH HANDSOME FIREPLACE. THE ROOF IS NEW OR NEWER AND THE REAR YARD IS FENCED WITH LARGE DECK. THIS IS A WINNER!!!

913 E 166Th Street, South Holland

$450,000

6 Beds ⋅ 3 Baths ⋅ 12776381 MLS ⋅ NEW Status

Welcome to 1235 N Harding Ave, a fantastic opportunity to own a 2-unit property in Chicago's Humboldt Park area! Whether you're looking to house hack, add to your investment portfolio, or create a multigenerational living setup, this property offers the space and flexibility buyers are looking for. Each unit provides its own living space, giving an owner-occupant the opportunity to live in one unit while generating income from the other. Located near neighborhood parks, schools, shopping, dining, public transportation and major city routes, 1235 N Harding combines versatility with a convenient Chicago location. The building is currently vacant, giving the next owner the ability to occupy, renovate, or establish new rents without inheriting existing tenants. A great opportunity for buyers looking for a Chicago multi-unit with multiple ways to maximize the space. Bring your ideas and make this property work for you-live in one unit and rent the other, accommodate extended family, or build your Chicago real estate portfolio. Schedule your showing today!

1235 N Harding Avenue, Chicago

$219,999

3 Beds ⋅ 2 Baths ⋅ 12776286 MLS ⋅ NEW Status

Welcome to 15225 5th Ave in Phoenix! This spacious home sits on a DOUBLE LOT and offers a flexible layout with plenty of room to spread out. The main level features an open-concept kitchen and living area, while the upper level offers 3 bedrooms and 1 full bathroom. The finished basement provides even more living space with an additional bedroom, full bathroom, and laundry room-perfect for guests, a home office, or extended living space. Major improvements include a NEW furnace, NEW A/C, NEW roof, and NEW windows, giving the next owner added peace of mind. The home was updated approximately 7 years ago and offers a great combination of space, functionality, and recent improvements. A great opportunity for buyers looking for additional outdoor space and a home with 4 total bedrooms and 2 full bathrooms. Schedule your showing today!

15225 5Th Avenue, Phoenix

$399,900

3 Beds ⋅ 2 Baths ⋅ 12776374 MLS ⋅ NEW Status

This all-brick bungalow has been so well cared for, and you can feel it in every space. With 3/4 spacious bedrooms and 2 full bathrooms. The main floor has that warm, welcoming feel with hardwood floors and a bright living and dining space where you can picture holidays, dinners, and everyday moments. This spacious kitchen with a perfect flow to an office or additional entertaining/lower level bonus/office/den area space has stairs to 2nd level with full 2nd living room area and 2nd kitchen area (now used as spare bonus room) can be 4th bedroom or 2nd office/den. This home was once a 2 flat (still has separate electric meters & panels) and has been converted to single family but the separation from lower level to upper would make it a great in-law-arrangement if needed. Both full bathrooms on 1st & 2nd levels have been all updated with beautiful ceramic tiles. Huge full basement has work area large cedar closet for additional storage and can be finished in future. Dormers on both sides separate this from others in area and makes for very spacious 2nd level. This is truly a home you must see to appreciate as there is way too much to list all. Set your showing before its gone!

7843 W Cressett Drive, Elmwood Park

$284,800

4 Beds ⋅ 3 Baths ⋅ 12776392 MLS ⋅ NEW Status

Beautifully refreshed 4-bedroom, 2.5-bath split-level offering approximately 2,200 square feet of living space, a flexible layout, and an impressive list of recent improvements. * Step inside to a bright, inviting interior with fresh neutral paint, new carpeting, and updated lighting throughout. * The kitchen features crisp white cabinetry, stainless steel appliances, new LVP flooring, and a sunny breakfast nook, with easy flow into the dining and living areas for everyday living and entertaining. * The spacious lower-level Family Room offers plenty of room to relax and features brand-new French doors opening to the 19x13 patio and large fenced backyard-creating a wonderful extension of the living space for outdoor dining and entertaining. * Upstairs, the generous Primary Suite includes a walk-in closet and private full bath, while two additional bedrooms and another full bath complete the upper level. * The lower level adds even more flexibility with a fourth bedroom that can easily flex as an office, hobby room, or guest space, along with a half bath, laundry area, and direct access to the attached 2-car garage. * Major 2026 improvements include new carpeting, kitchen flooring, sump pump, interior and exterior paint, light fixtures, French doors, dishwasher, and a brand-new asphalt driveway. Additional improvements include the furnace and central air (2024), roof and gutters (2023), refrigerator (2022), and second-floor windows (2019). * With approximately 2,200 square feet, comfortable living space inside, a generous fenced yard and patio outside, and many substantial improvements already completed, this move-in-ready home is offered at an exceptional value.

17618 Stonebridge Drive, Hazel Crest

$198,000

5 Beds ⋅ 2 Baths ⋅ 12776394 MLS ⋅ NEW Status

Welcome to this stunning REHABBED 2-unit building in the heart of Chicago Heights! This property boasts one e bedroom 1 bath unit and another 2 bedroom 1 bath unit. This property has been renovated in 2026 fresh paint throughout, trim, doors throughout all three units! This property has separate furnaces, hot water tanks and electrical panels for each unit. New windows throughout. Detached 1 car garage. Make an appointment today as this property will not last long!

63 W 15Th Street, Chicago Heights

$189,000

2 Beds ⋅ 2 Baths ⋅ 12776282 MLS ⋅ NEW Status

This bright, clean, first floor condo with 2 Bedroom, 2 Full Baths conveniently located in the heart of Oak Lawn. Secure building with intercom system for entry. Large dining room and living room with abundance of natural light via large windows. Living room offers a cozy atmosphere. Beautiful updated flooring throughout. Large second bedroom with 2nd full bath. Furnace and AC less than 3 years old. One parking spot is assigned. Lots of parking on site for visitors. Close to Oak Lawn High schools with a bus stop near the building. Community amenities include easy access to the best that Oak Lawn has to offer, walking and biking trails. Close to restaurants and Chicago Ridge Mall. Truly a wonderful place to live. Central Air, Storage in Basement. Laundry-same floor

6135 W 94Th Street Unit #A3, Oak Lawn

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