North Park Homes under $500,000

Welcome to North Park, a vibrant neighborhood nestled in the heart of Chicago, Illinois. Known for its rich cultural diversity and family-friendly atmosphere, North Park offers a unique blend of urban convenience and suburban charm. With tree-lined streets, beautiful parks, and a strong sense of community, it’s no wonder that this area is becoming increasingly popular among homebuyers looking for value in the Windy City.

One of the standout features of North Park is its affordability. Here, you can find a variety of homes under $500,000, making it an ideal choice for first-time buyers or those looking to downsize without compromising on quality of life. From cozy bungalows to spacious townhomes, the housing options cater to various tastes and needs. Many homes boast charming architectural details, modern updates, and inviting outdoor spaces, perfect for enjoying Chicago’s beautiful seasons.

The neighborhood is also home to an array of amenities. Enjoy leisurely strolls in the scenic North Park Village Nature Center, or explore the local shops and eateries that reflect the community's diverse heritage. With easy access to public transportation and major highways, commuting to downtown Chicago or other parts of the city is a breeze.

Whether you’re raising a family, starting your career, or simply seeking a welcoming community, North Park offers a delightful place to call home. Discover the charm and affordability that await you in this dynamic neighborhood. Your dream home could be just around the corner!

Newest North Park Homes under $500,000

$424,000

2 Beds ⋅ 2 Baths ⋅ 12771554 MLS ⋅ ACTIVE Status ⋅ Rivers Edge BLDG.

Welcome to River's Edge! This inviting top-floor corner condo offer 1,754 sq. ft. of comfortable living space with a smart split floor plan featuring 2 bedrooms and 2 full baths. The spacious main living area is filled with natural light and highlighted by hardwood floors, smooth ceilings with recessed listing, and newer windows. The kitchen features quartz countertops, stainless steel appliances, and plenty of cabinet space - perfect for everyday meals or entertaining family and friends. Step outside to enjoy a large balcony, or retreat to the primary suite with a custom Closets by Design closet and private bath with dual sinks and large vanity with new sinks, faucets and quartz countertops. The guest bath includes a beautiful vanity with quartz countertops, new sink and faucet and a quality Toto toilet, while the separate laundry room offers a full-size side-by-side washer and dryer plus a utility sink. Additional conveniences include an indoor heated parking space, private storage, and a new roof installed in 2020. Assessments cover it all-heat, water, gas, parking, common insurance, TV/Cable, internet, exterior maintenance, lawn care, scavenger, and snow removal, making life here both comfortable and convenient. Set in a friendly, well-maintained elevator building next to the scenic trails of LaBagh Woods, and close to the Nature Center, North Park University, and Northeastern Illinois University, this location also offers easy access to public transportation and I-90/94.

5320 N Lowell Avenue Unit #506, Chicago

$270,000

1 Beds ⋅ 1 Baths ⋅ 12772100 MLS ⋅ ACTIVE Status ⋅ Rivers Edge BLDG.

Estate Sale. 1-bedroom, 1-bathroom condo at River's Edge of Sauganash in Chicago, IL. This second-floor residence sits in a friendly, well-maintained elevator building on the North Side, bordering the scenic trails of LaBagh Woods. This is a rare opportunity for an investor or a buyer ready to add their own finishes and build instant equity. Bring your vision and your contractor. Condos at River's Edge of Sauganash rarely come available at this price point. River's Edge offers a beautiful, tree-lined setting with a fountain, a winding river, a gazebo, and a dedicated walking and biking path right outside your door. The building is investor friendly. Rentals are permitted with a two-year minimum lease, making this a strong addition to a rental portfolio. Pet owners are welcome, with a limit of two pets per unit. The location is a commuter's dream. You get easy access to CTA bus routes, nearby Metra stations, and the I-90/94 expressway, putting both downtown Chicago and the north suburbs within quick reach. Outdoor recreation is steps away at LaBagh Woods and the Nature Center, and the area is convenient to North Park University and Northeastern Illinois University. The home includes deeded garage parking space #1 and storage space #1, making this as-is unit a smart buy in a quiet, green pocket of Chicago's North Side. This is an estate sale, being sold as-is.

5320 N Lowell Avenue Unit #205, Chicago

$292,999

2 Beds ⋅ 2 Baths ⋅ 12766129 MLS ⋅ ACTIVE Status

Welcome to North Park Manor! This bright and beautifully maintained east-facing English garden 2-bedroom, 2-bath residence offers the perfect blend of modern convenience, stylish finishes, and comfortable city living. Step inside to find hardwood floors throughout, fresh paint, solid-panel doors, and a striking exposed brick accent wall that adds warmth and character. The well-appointed kitchen features stainless steel appliances, granite countertops, 42" cabinetry, glass tile backsplash, and a convenient breakfast bar. Enjoy added comfort and technology with a wireless alarm system, smart thermostat and fire alarm, and Lutron smart LED dimmer lighting. Includes a front-loading washer and dryer provides additional in-unit convenience. The custom bath showcases a whirlpool tub with granite and mosaic tile finishes. Outside, relax or entertain on the spacious patio -a wonderful extension of the living space. Ideally located near North Park University, Northeastern Illinois University (NEIU), Northside College Prep, and Swedish Hospital, with convenient access to shopping, dining, and public transportation. Easy street parking and nearby Foster and Kimball bus routes provide convenient connections to the CTA Brown Line. Move-in ready and ideally situated in North Park!

3206 W Berwyn Avenue Unit #G, Chicago

5653 N Spaulding Avenue Unit #3E, Chicago

$175,000

2 Beds ⋅ 1 Baths ⋅ 12759880 MLS ⋅ ACTIVE Status

Fantastic investors opportunity! No rental CAP! Sunny and beautifully updated top-floor 2 bed / 1 bath condo in highly sought-after North Park! This spacious vintage home blends timeless character with modern updates and features hardwood floors throughout, recessed lighting and abundant natural light from multiple exposures. Enjoy serene courtyard views along with open skyline and treetop views from oversized top floor windows. Updated kitchen features espresso cabinetry, granite countertops, stainless steel appliances, subway tile backsplash, breakfast bar seating, and excellent storage. Spacious bedrooms, updated bath, and generous closet space complete the home. Well-maintained investor-friendly building with additional storage, and on-site laundry. Conveniently located near Northeastern Illinois University, Legion Park, River Park, Brown Line, restaurants, shopping, and public transportation. Move-in ready and ideal for both owner-occupants and investors!

5653 N Spaulding Avenue Unit #3E, Chicago

$224,900

2 Beds ⋅ 1 Baths ⋅ 12744130 MLS ⋅ ACTIVE Status

Sunny & Bright 2-bedroom, 1-bathroom condo. The entire unit is Freshly painted, Replaced the flooring in two bedrooms, Change a floor in Kitchen, location with a well-maintained building. Heated hardwood floor & specious bedrooms & lots of other space. Walking distance to Northeastern, North Park colleges, subway, park, library and prep high school. Plus, the restaurant, coffee shop & etc. are all minutes away. Assign one Parking spot comes with the unit. Don't miss this great opportunity to live or invest.

3201 W Berwyn Avenue Unit #1S, Chicago

$365,000

2 Beds ⋅ 2 Baths ⋅ 12736463 MLS ⋅ ACTIVE Status

Welcome to the beautiful River's Edge of Sauganash. Follow the winding entrance road, past the fountains and gazebo, to 5360. This unique 2 bed, 2 bath unit faces West overlooking LaBagh woods. You can enjoy the tranquil forest preserves from your large (15'x6') covered balcony. The balcony has plenty of space for a table, chairs, and plants. A dedicated walking path is right outside the door. Back inside, the kitchen has plenty of cabinets and the appliances are stainless steel. Large primary bedroom. The large primary bathroom also has plenty of storage. The adjacent laundry room has a new side-by-side washer dryer. Included with the unit is an assigned, indoor, heated parking space and storage closet. Elevator building. New roof 2021. Air conditioning compressor/condenser new 2021. Common grounds impeccably maintained. Professionally managed. Pet friendly (2max). Minutes from shopping, parks, pool, walking/bike paths and I-94 expressways. The HOA fee includes heat, gas, water, basic cable, common insurance, scavenger, snow removal, and landscaping. Rental allowed. 2 year minimum lease.

5360 N Lowell Avenue Unit #311, Chicago

$215,000

2 Beds ⋅ 1 Baths ⋅ 12694314 MLS ⋅ ACTIVE Status

Sun-filled and move-in ready, this 1,100-square-foot 2-bedroom, 1-bath condo sits in a classic 1931 courtyard building on a quiet stretch between Hollywood, Legion, and Peterson Parks. The kitchen has been updated with stainless steel appliances, granite counters, durable tile flooring, and a breakfast bar that opens directly to the living area, ideal for entertaining. Both bedrooms offer generous closet storage.Additional perks include in-unit laundry, easy street parking, and low carrying costs that make this a smart pick for owner-occupants or investors alike. Location is hard to beat! A short walk to Northeastern Illinois University, North Park, CTA transit, and with restaurants and cafes just outside your door.

5717 N Kimball Avenue Unit #2N, Chicago

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