123 Homes under $500,000

Welcome to the vibrant community of School District 123, nestled in the heart of Cook County, Illinois. This charming district is renowned for its commitment to educational excellence, making it a prime location for families seeking a nurturing environment for their children. With a strong emphasis on academic achievement, innovative teaching methods, and a diverse array of extracurricular activities, School District 123 cultivates a well-rounded educational experience that prepares students for future success.

The area surrounding School District 123 boasts a variety of homes available for under $500,000, making it an attractive option for first-time buyers and families looking for affordability without compromising on quality. Whether you’re drawn to cozy bungalows, contemporary townhomes, or spacious single-family residences, this district offers a range of options to suit your lifestyle and budget. The homes are often characterized by their inviting designs, modern amenities, and well-maintained yards, creating a welcoming atmosphere for you and your loved ones.

Beyond the exceptional schools and affordable housing, residents of School District 123 enjoy access to beautiful parks, recreational facilities, and a tight-knit community that fosters connection and camaraderie. With convenient transportation options and proximity to vibrant shopping and dining experiences, you’ll find that this area perfectly balances suburban tranquility with urban convenience.

Explore the possibilities in School District 123, where quality education and affordable homes come together to create an ideal setting for families to thrive. Your dream home awaits in this delightful corner of Cook County!

Newest 123 Homes under $500,000

$234,900

3 Beds ⋅ 2 Baths ⋅ 12792478 MLS ⋅ NEW Status

Welcome to this beautifully updated 3-bedroom, 2-bath home in the heart of Hometown! Offering the perfect combination of comfort, style, and affordability, this move-in-ready gem is packed with updates and ready for its new owners! Step inside to discover a freshly painted interior, beautifully resurfaced flooring, updated lighting throughout, and a refreshed kitchen that's ready for everyday living and entertaining. Both bathrooms have been tastefully updated, while the spacious primary bedroom features brand-new vinyl flooring. The improvements don't stop inside! Enjoy brand-new front and rear screen doors, a freshly blacktopped exterior, a new rear gate, and a new garage window. A convenient 1-car garage adds even more practicality to this charming home. With so many updates already completed, all that's left to do is move in and make it your own! Conveniently located near shopping, dining, parks, and major roadways, this home offers exceptional value at an affordable price. Don't miss your opportunity to own this beautifully refreshed home. Schedule your private showing today!

4257 Southwest Highway, Hometown

$449,900

4 Beds ⋅ 2 Baths ⋅ 12791870 MLS ⋅ ACTIVE Status

Spacious two-story home offering approximately 3,150 sq. ft. of living space on an oversized lot! The home features an addition completed in 1994, providing generous living space throughout. The main floor includes a living room, dining room, kitchen, family room, and bathroom. The second floor offers four generously sized bedrooms, a full bathroom, and convenient second-floor laundry. Enjoy two balconies, a two-car garage, and a large yard with plenty of outdoor space. A great opportunity for buyers looking for a spacious home with room to grow close to shopping center and transportation .

9414 S 69Th Avenue, Oak Lawn

$199,900

2 Beds ⋅ 2 Baths ⋅ 12789578 MLS ⋅ ACTIVE Status

Beautifully remodeled 2 bed, 2 bath first-floor condo in desirable Oak Lawn. The updated kitchen features a removed partial wall, enhancing counter space and functionality-ideal for food preparation and everyday living. The unit has been meticulously maintained by the seller and shows pride of ownership throughout. Enjoy a walk-out balcony perfect for relaxing or morning coffee. Prime location with convenient access to shopping, dining, public transportation, and nearby amenities. A must-see property offering both comfort and convenience.

4112 W 98Th Street Unit #102, Oak Lawn

$439,500

4 Beds ⋅ 2 Baths ⋅ 12784857 MLS ⋅ ACTIVE Status

Beautifully Updated 4-Bedroom Home with Open Concept Living! Welcome to this beautifully remodeled split-level home featuring 4 bedrooms, 1.5 bathrooms, and an open-concept main level perfect for everyday living and entertaining. The full sub-basement offers versatile additional space ideal for a family room, home office, playroom, or workout area. Major improvements completed in 2025 include a new roof, garage roof, garage door motor, insulation, and fence. Enjoy a refreshed interior, flexible living space, and valuable updates throughout. Schedule your showing today! Being sold AS-IS.

10324 S Kolmar Avenue, Oak Lawn

$430,000

3 Beds ⋅ 2 Baths ⋅ 12781112 MLS ⋅ ACTIVE Status

11414 S Kedzie Avenue, Chicago

$399,000

5 Beds ⋅ 4 Baths ⋅ 12772865 MLS ⋅ ACTIVE Status

****SELLER CREDITS! Seller is offering buyers a choice of $15,000 toward closing costs with a full-price offer OR the installation of a rear exterior staircase with second-floor access. A fantastic opportunity to customize this home to fit your needs while taking advantage of valuable seller credits!****** Beautifully renovated and bursting with space, style, and versatility, this exceptional Oak Lawn residence is the one you've been waiting for. Situated on an oversized corner lot, this impressive five-bedroom, three-and-a-half-bath home offers approximately 2,700 square feet of thoughtfully designed living space, blending modern updates with the comfort and flexibility today's buyers desire.*** Step inside to discover bright, inviting interiors enhanced by gorgeous flooring and abundant natural light. The spacious living room creates a warm and welcoming first impression, while the expansive kitchen is the true heart of the home, featuring stainless steel appliances, extensive cabinetry, generous counter space, and a seamless flow into the adjoining dining area, perfect for everything from casual family dinners to holiday gatherings.*** Designed to adapt to your lifestyle, the home's unique 1.5-story layout offers endless possibilities. An upstairs loft provides the ideal setting for a home office, reading nook, playroom, or additional lounge space, while the finished basement expands your living options with room for movie nights, a home gym, recreation area, or hobby space. A dedicated laundry room with appliances and updated mechanicals adds everyday convenience and peace of mind.*** Outside, enjoy your own private retreat with a fully fenced backyard, mature trees, a concrete patio for entertaining, a storage shed, and a detached two-car garage. Ideally located near shopping, dining, parks, Metra transportation, and Advocate Christ Medical Center, this home combines suburban comfort with unmatched convenience.*** With its generous living space, extensive updates, and sought-after location, this move-in-ready Oak Lawn gem offers the perfect place to live, entertain, and create lasting memories.***

9548 Merrimac Avenue, Oak Lawn

$430,000

3 Beds ⋅ 2 Baths ⋅ 12770118 MLS ⋅ ACTIVE Status

BEAUTIFUL BRICK RAISED RANCH, WITH NEW ROOF, THREE BEDROOMS AND TWO FULLY REHABBED BATHS, FINISHED BASEMENT, BRICK GARAGE, AWESOME LANDSCAPING WITH GAZEBO AND PAVER BRICK PATIO.CLOSE TO ALL THE SHOPPING, RESTAURANTS, BUS, TRAIN AND INTERSTATE FOER EASY COMMUTE.

8901 S 49Th Court, Oak Lawn

$349,900

2 Beds ⋅ 2 Baths ⋅ 12758372 MLS ⋅ PRICE CHANGE Status

Welcome to this beautifully renovated singlefamily home, offering modern comfort and flexible living options. The main level features two cozy bedrooms and bright living spaces, while the basement-complete with its own private entrance-adds a full additional living area with a bedroom, laundry room, and cooking space. Master bedroom has custom built headboard. Every major system has been updated, including spray foam insulation, a drain tile system, high efficiency furnace, tankless hot water tank, and all LED lighting. The roof is seven years old, and the newer deck is perfect for relaxing or entertaining. Set on an oversized lot with an enclosed driveway and a one car garage, this home provides room to grow both inside and out. Thoughtfully improved and move in ready, it's a great fit for anyone seeking comfort, efficiency, and versatility. Additional PIN for oversized adjacent lot.

9537 Central Avenue, Oak Lawn

$320,000

4 Beds ⋅ 2 Baths ⋅ 12768676 MLS ⋅ ACTIVE Status

Welcome to this beautifully maintained 4-bedroom, 2-bath home ideally located in the heart of Oak Lawn. This inviting residence offers a functional and versatile layout, highlighted by a second family room perfect for entertaining, relaxing, or additional living space. The home features comfortable bedrooms, two full bathrooms, and a bright interior filled with natural light. Outside, enjoy a spacious yard ideal for gatherings, gardening, or outdoor enjoyment. A garage plus an extended 4-car driveway provides ample parking and convenience. Close to schools, parks, shopping, dining, and transportation. Don't miss this opportunity to own a spacious home in a highly desirable community-schedule your showing today.

9909 Elm Circle Drive, Oak Lawn

$344,900

4 Beds ⋅ 2 Baths ⋅ 12768386 MLS ⋅ PRICE CHANGE Status

Beautiful 4-Bedroom, 2-Bathroom Home in Oak Lawn Welcome home to this beautifully updated 4-bedroom, 2-bathroom home in a great Oak Lawn location! Featuring a spacious master suite, an inviting open-concept layout, and plenty of room for comfortable living. The modern open-concept kitchen features brand-new cabinets, elegant quartz countertops, and stainless steel appliances, making it perfect for both everyday living and entertaining. The home also offers a beautiful deck, ideal for relaxing, grilling, and enjoying time with family and friends. Additional highlights include a 2.5-car garage and a convenient location close to schools, major highways, shopping centers, restaurants, and everyday amenities. With its combination of modern updates, spacious bedrooms, great outdoor space, and convenient location, this Oak Lawn home is one you won't want to miss!

10019 S Tripp Avenue, Oak Lawn

$360,000

3 Beds ⋅ 2 Baths ⋅ 12730550 MLS ⋅ ACTIVE Status

This 3-bedroom, 2-bathroom home offers a solid opportunity for an investor or a buyer looking for their next home. Many of the home's key updates have been completed within the last two years, while there is still some room for additional TLC to make it truly your own. The property features a functional layout, a 2-car garage, and a nice backyard with plenty of potential for outdoor enjoyment. Whether you're looking to add value through a few finishing touches or simply want a home with a great foundation and recent improvements, this property is worth a look. Being sold as-is. Bring your vision and take advantage of the opportunity to make this home your own or add it to your investment portfolio.

5357 Otto Place, Oak Lawn

$219,000

2 Beds ⋅ 1 Baths ⋅ 12694911 MLS ⋅ ACTIVE Status

Unique home that feels more like a cottage than a duplex! With your private patio on a tree-lined street, you will feel as if you are on vacation! Newer mechanicals, recently painted, roof is ten years old, bathroom was remodeled 2025. Open floorplan. The yard is fully fenced in. Whether you are just starting out, or looking to downsize, this home is looking for you!! Be in your new home for the holidays! Selling "AS IS"

8865 S Ryan Road, Hometown

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123 Homes under $500,000

Newest 123 Homes under $500,000

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