Chi - Chatham Homes under $500,000

Chi - Chatham Homes under $500,000

Welcome to Chi-Chatham, a vibrant neighborhood nestled in the heart of Chicago, Illinois. Known for its rich history and strong sense of community, Chatham offers an inviting atmosphere that perfectly blends urban convenience with suburban charm. With tree-lined streets and a diverse array of local businesses, residents enjoy a warm, neighborly vibe that makes Chi-Chatham a wonderful place to call home.

One of the standout features of this neighborhood is its affordability. For those seeking homes under $500,000, Chi-Chatham presents an array of options that cater to various lifestyles. From cozy bungalows to spacious two-flats, the housing market here is both diverse and accessible, making it an ideal choice for first-time homebuyers, families, and anyone looking to invest in a welcoming community.

In addition to its appealing homes, Chi-Chatham boasts a wealth of amenities. Residents can indulge in local dining options, boutique shopping, and recreational parks, all within a stone's throw from their front doors. The neighborhood is also conveniently located near public transportation, making commuting to downtown Chicago a breeze.

Chi-Chatham is not just a place to live; it's a community where neighbors become friends and memories are made. With its affordable housing options, rich culture, and strong community spirit, Chi-Chatham is a hidden gem waiting to be discovered. Whether you're looking to plant roots or find a cozy retreat, this neighborhood is sure to capture your heart. Come explore Chi-Chatham and see why it's the perfect place for you to call home!

Newest Chi - Chatham Homes under $500,000

8111 S Langley Avenue, Chicago
$349,900
7 Beds ⋅ 4 Baths ⋅ 12771372 MLS ⋅ NEW Status
Great Opportunity to Own a Nicely Updated and Well-Maintained Brick 3-Unit in Historic Chatham! This versatile property offers excellent flexibility and add-on value, making it ideal for an owner occupant or investor. The spacious finished basement provides additional living space and offers the potential to duplex the owner's unit. The basement includes 1-2 additional bedrooms, a full bath, and a comfortable living/family room area. The second- and third-floor apartments each feature 2 generously sized bedrooms, great natural light, and updated kitchens. The owner's unit has also been nicely updated with 42-inch cabinetry and granite countertops, along with updated baths. Recent improvements include a newer, efficient Peerless 5000 steam heat boiler (2019), water heater (2019), updated electrical meter and box (2023), and replacement of almost all windows (2015). Additional updates include the back staircase and porches. A convenient 3-car garage provides excellent off-street parking and additional value. Whether you're looking to live in one unit while generating rental income or add a solid investment property to your portfolio, this well-maintained brick 3-flat offers space, flexibility, and opportunity in a desirable Chatham location. Enjoy convenient access to transportation, shopping, dining, schools, parks, and the many amenities that make Chatham a sought-after Chicago community.

8111 S Langley Avenue, Chicago

8614 S Prairie Avenue, Chicago
$229,999
2 Beds ⋅ 3 Baths ⋅ 12759306 MLS ⋅ ACTIVE Status
Meticulously maintained brick home in the heart of Chatham! This one has been cared for inside and out, from the manicured front lawn and landscaped beds to the gleaming hardwood floors throughout. A bright living room is centered on an oversized picture window that fills the space with natural light and opens to a warm, wood-paneled family room with built-in storage. The spacious eat-in kitchen offers abundant cabinetry, a stainless dishwasher, newer flooring, and plenty of room to gather. The main level has an eat-in kitchen area that could easily be made a 3rd bedroom/office, plus generously sized bedrooms upstairs with ceiling fans and a second full bath. The partially finished basement adds a large rec room with a half bath, and there's a dedicated laundry area with a utility sink and extra storage. Big-ticket items are covered with a newer furnace and hot water tank. Enjoy a fenced yard and a 2.5-car garage, all within easy reach of shopping and transportation. First-time buyers, this is your chance to get in with little money down! Eligible buyers may qualify for down payment assistance, including Chicago's HomeGrown program (grants up to $70,000), IHDAccess Home (up to $15,000), Cook County DPA (up to 5% of purchase price, max $25,000), and the other IHDA Access programs. You can combine many of these to cover your down payment and closing costs. Funds are limited, so bring your preapproved buyers today!

8614 S Prairie Avenue, Chicago

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