Mortgage Guide

How to get a home loan

5 Chicago homes for under $325,000

The weather may not make you realize it, but buying season is just around the corner in Chicago. If you’re in the hunt for a home, it’s time to start looking.

The search can take a lot of time and patience. Do yourself a favor and save a ton of time by first finding a local realtor to work with - they will point you in the right direction. Second, apply for a pre-approval as soon as you can. If the right home comes sooner than you expect, having a pre-approval in hand will instantly show the seller you’re qualified to purchase their home.

To get you started on your search, we found five homes in Chicago for less than $325,000 that are currently on the market.


4707 N Kenmore Ave, Unit 2S - $310,000 - 2 beds, 2 baths

In Chicago's Uptown neighborhood, you'll find plenty of apartments and condos available for less than $325,000. This Kenmore Ave condo is decked with hardwood floors, large bay windows, and a private deck.


2354 S Oakley Ave, Unit 3D - $219,888 - 2 beds, 2 baths

This vintage condo with a modern twist located in Chicago's Pilsen neighborhood is a steal. With large windows, bold colors, and a kitchen bar, this condo is perfect for someone who appreciates Pilsen's lively, historic, and artistic nature.


1340 W Bryn Mawr, Unit 1W - $309,900 - 2 bed, 2 bath

Chicago's Andersonville neighborhood is filled with well-maintained properties like this duplex unit. You'll find hardwood flooring, an updated kitchen, and a formal dining nook. 


1440 S Michigan Ave, Unit 414 - $315,000 - 2 beds, 2 baths

Looking for proximity to downtown Chicago without breaking the bank? Here's a 2 bedroom, 2 bath condo in the South Loop neighborhood with massive windows and modern appliances. 


1050 W Dakin St, Unit 2A - $265,000 - 2 beds, 2 baths

Real estate in Chicago's Lakeview neighborhood can get costly, as it's one of the most popular neighborhoods for young Chicago families and lifelong residents alike. This condo in Wrigleyville is more affordable than many of its neighbors. Perks include hardwood flooring, lots of storage, and for the Cubs fan, proximity to Wrigley Field.

Interested in one of these properties? Get ahead of the other buyers and apply for a pre-approval. You’ll be able to make a faster, more competitive offer after just 15 minutes.


Check Chicago Mortgage Rates

Learn more about buying a home in Chicago.

You may also like:

How to qualify for IHDA down payment assistance in Illinois

If you plan to purchase a home in Illinois, IHDA (Illinois Housing Development Authority) has down payment assistance pr...

How to buy a home in Chicago for less than $200,000

A tight budget doesn’t mean you have to keep renting forever. When you rent, you’re often helping someone else pay their...

Get down payment help with Chicago’s Home Buyer Assistance Program

Chicago’s Home Buyer Assistance Program is making homeownership easier in Cook County. Not only can you use this grant f...


Buying a home and don't know where to start?


Our weekly email will supply you with homebuyer and mortgage basics to make the process simple.

Quick. Anonymous. Free. Search Rates