Austin Homes under $500,000

Welcome to the vibrant and eclectic neighborhood of Austin, located on the West Side of Chicago, Illinois. Austin is a community rich in history, diversity, and a strong sense of belonging. Known for its tree-lined streets and charming bungalows, this neighborhood is an ideal place for families, young professionals, and anyone looking to embrace the warmth of community living.

Austin boasts a variety of homes under $500,000, making it an attractive option for first-time homebuyers and those seeking affordable housing in the bustling city of Chicago. From cozy single-family homes to spacious multi-units, the real estate options here cater to a wide range of lifestyles and budgets. With many properties featuring vintage architecture and modern upgrades, you’ll find the perfect blend of character and comfort.

Beyond its housing appeal, Austin is home to an array of parks, local shops, and restaurants that reflect the neighborhood's rich cultural heritage. Residents enjoy easy access to public transportation, connecting them to downtown Chicago and beyond, making it a convenient choice for commuters. The community is also dedicated to revitalization efforts, with initiatives aimed at enhancing public spaces and supporting local businesses.

Whether you’re looking to plant roots in a welcoming environment or seeking an investment opportunity in a growing area, Austin offers a unique blend of affordability and community spirit. Explore the charm of this neighborhood and discover why so many are calling Austin home!

Newest Austin Homes under $500,000

$474,900

5 Beds ⋅ 4 Baths ⋅ 12776095 MLS ⋅ NEW Status

*****$50,000 DOWN P ASSISTANCE AVAILABLE***** Welcome to 1059 N Lorel Avenue-an exceptional, beautifully updated Chicago Victorian Residence offering an impressive amount of living space across multiple finished levels, situated on a highly desirable OVERSIZED CHICAGO LOT. Step inside to a bright and inviting open-concept floor plan featuring beautiful hardwood floors throughout and generous living and entertaining spaces. The main level offers a seamless flow between the living, dining, and kitchen areas, along with a convenient powder room for guests. The second floor features FOUR exceptionally spacious bedrooms, providing outstanding flexibility for family, guests, or home-office space, along with beautifully appointed bathrooms. Continue upstairs to the incredible private attic-level primary suite-a true owner's retreat featuring an en-suite bathroom and walk-in closets, creating a private sanctuary separated from the home's additional bedrooms. The FULL FINISHED BASEMENT provides even more valuable living and entertainment space and is perfectly suited for a HOME THEATER, recreation room, game room, gym, or additional family room. Altogether, the home features 5 spacious bedrooms, 3 full bathrooms + 1 half bathroom, an open floor plan, hardwood flooring, and extensive improvements including updated plumbing, electrical, flooring, and interior finishes. Outside, the oversized Chicago lot provides additional space for outdoor entertaining, recreation, gardening, and enjoying your own private backyard retreat. 5 BEDROOMS * 3.1 BATHS * PRIVATE PRIMARY SUITE * WALK-IN CLOSETS * 4 SECOND-FLOOR BEDROOMS * FULL FINISHED BASEMENT * HARDWOOD FLOORS * OVERSIZED LOT A rare opportunity to enjoy the space of a suburban home with the convenience of Chicago living. Move-in ready and designed to impress-drive-by and call to schedule your private showing today! Pase por la propiedad y llamenos hoy mismo para programar su visita privada! Hablamos Espanol!

1059 N Lorel Avenue, Chicago

$389,000

4 Beds ⋅ 2 Baths ⋅ 12775865 MLS ⋅ NEW Status

Welcome to 4833 W Gladys Ave, a stunning brick two unit property full of incredible potential and classic Chicago charm! Featuring generous multilevel layouts, rich architectural character and abundant natural light throughout each unit, this building offers solid fundamentals ready for personal design updates or steady rental income. Live comfortably in one unit while renting the other! Situated on a quiet residential block just steps from Columbus Park, local schools and neighborhood retail. The home also boasts excellent transit connectivity with quick access to the CTA Blue Line, multiple bus routes, and interstate 290 just minutes from downtown. Seller will provide a 2% credit to buyer's closing costs!

4833 W Gladys Avenue, Chicago

$349,900

4 Beds ⋅ 2 Baths ⋅ 12773983 MLS ⋅ NEW Status

Meticulously renovated 4-bedroom, 2-bath single-family home in the heart of Austin with super low property taxes! The sun-filled main level features an open living and dining combination with premium hardwood flooring, perfect for everyday use and entertaining. The updated kitchen boasts stainless steel appliances, attached breakfast nook, and overlooks the backyard. The second level offers four well-appointed bedrooms. There's a attic on the third level which can be used as ample storage space. The lower level includes a fully finished basement completed with ceramic tile which is great for entertaining and extra living space, laundry and a utility room with ample storage. Hardwood floors, crown molding, and Central A/C with furnaces throughout. The fully fenced backyard features tons of yard space used for storing vehicles etc. Conveniently located near public transportation, dining, and shopping.

122 N Long Avenue, Chicago

$50,000

2 Beds ⋅ 1 Baths ⋅ 12773886 MLS ⋅ NEW Status

Fire damaged property. Full rehab. Sold "As-is".

1159 N Long Avenue, Chicago

$400,000

4 Beds ⋅ 3 Baths ⋅ 12772788 MLS ⋅ NEW Status

Live blocks from Columbus Park in this well-maintained blonde, brick two-unit building that offers HUGE living rooms and sizeable bedrooms with hardwood floors under the carpet) giving you flexibility whether you want to live in one unit and rent the other or add a solid income property to your portfolio. The finished basement is a real bonus, complete with a bar for entertaining and a full bathroom, making it ideal for gatherings, extra living space, or a private retreat. With separate living spaces above and a fully finished lower level, this property offers plenty of room and versatility.

5328 W Quincy Street, Chicago

$399,900

4 Beds ⋅ 3 Baths ⋅ 12764921 MLS ⋅ NEW Status

SPACE, POTENTIAL & OPPORTUNITY! Spacious brick bungalow featuring 6 bedrooms, 3 full baths, and 3 levels of living space. Enjoy a finished basement with recreation room and additional bedrooms, a large family room, screened porch, and detached 2-car garage. Plenty of space and flexibility for your lifestyle, with room to add your own personal touches. Come see the possibilities at 1533 N. Waller!

1533 N Waller Avenue, Chicago

$310,000

3 Beds ⋅ 2 Baths ⋅ 12770029 MLS ⋅ NEW Status

4957 W Ferdinand Street, Chicago

$335,000

5 Beds ⋅ 2 Baths ⋅ 12770312 MLS ⋅ ACTIVE Status

Great investment opportunity in the Austin neighborhood! This property needs some TLC and offers strong potential for renovation, rental income, or value-add investment. Buyer and buyer's agent to conduct their own due diligence prior to submitting an offer. Located on Chicago's West Side, the property has convenient access to public transit (CTA Green Line & buses), parks and recreation nearby including Columbus Park, local retail and amenities, and easy connections to downtown Chicago. Sold as-is;Submit your offer today-don't miss this opportunity!

4912 W Fulton Street, Chicago

$419,900

3 Beds ⋅ 3 Baths ⋅ 12770265 MLS ⋅ ACTIVE Status

An extraordinary opportunity for Buyer: owner-occupants are eligible for $20,000 grant from the Cook County Land Bank (CCLB) - which can be used toward your front money, closing costs, or both! Stunning New Construction Offering Over 1,900 Sq Ft of Luxurious Living Space. The centerpiece of this home is the gourmet kitchen, which boasts: Custom 56" cabinets, quartz countertops, a stylish farmhouse sink, premium stainless-steel appliances and large island. Upstairs, you'll find three well-sized bedrooms with walk in closet. A luxurious end-suite bath featuring two separated vanity, a relaxing soaking tub and separate walk-in shower, sophisticated tilework throughout. Perfectly Located! Just minutes from local shops, dining, Metra, and I-290, this home offers unmatched convenience, style, and comfort. This is your chance to own a truly exceptional home! Owner is a licensed real estate broker.

5837 W Iowa Street, Chicago

$430,000

5 Beds ⋅ 3 Baths ⋅ 12768347 MLS ⋅ ACTIVE Status

304 N Parkside Avenue, Chicago

$149,900

3 Beds ⋅ 2 Baths ⋅ 12769236 MLS ⋅ ACTIVE Status

Great investment opportunity, CASH ONLY, four levels of living space, main level with a nice-sized kitchen, separate dining, Dinning room. Second level with three bedrooms and two bathrooms. Property needs a lot of work, especially the upper level and basement. " AS IS SALE"

5460 W Fulton Street, Chicago

$349,999

3 Beds ⋅ 2 Baths ⋅ 12759047 MLS ⋅ ACTIVE Status

Fully Updated 3BR/2BA Single Family in Austin - Move-In Ready! | $349,900 Welcome home to 645 North Leamington, a beautifully renovated 3-bedroom, 2-bathroom single family gem in the heart of Austin. This home has been thoughtfully updated top to bottom, blending modern finishes with everyday comfort. Step inside to brand new flooring throughout and an open staircase that adds a light, airy feel to the main living area. The all-new kitchen is a showstopper, featuring crisp white 42" shaker cabinets, sleek quartz countertops, and a fresh, modern layout perfect for cooking and entertaining. Both bathrooms have been completely gutted and rebuilt with gorgeous new tile work - no detail overlooked. The full unfinished basement offers a convenient laundry area plus a full bathroom complete with a walk-in shower, high-end tile, and a built-in seat - a spa-like touch you don't often find below grade. This level offers extra flexibility for storage, a future rec room, or additional living space. Outside, enjoy a huge fenced backyard, an enclosed porch for relaxing year-round, and a future parking pad currently being added out back. Central air will be installed prior to closing, and the home already boasts brand new siding and a new roof (2023) for peace of mind. With approximately 1,200 sq ft per floor (2,400 sq ft above grade, plus the finished-feel basement bath and laundry) and sitting on a 25' x 125' lot, this home offers real space both inside and out. Ideally located near public transportation, it's a fantastic fit for homeowners looking for a turnkey property or investors seeking a well-maintained addition to their portfolio. Don't miss this one. Schedule your showing today!

645 N Leamington Avenue, Chicago

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