South Loop Homes under $500,000

South Loop Homes under $500,000

**Discover the Vibrant South Loop Neighborhood in Chicago**

Nestled in the heart of Chicago, the South Loop is a dynamic neighborhood that beautifully blends urban living with a touch of history. Once the bustling hub of the city’s freight and transportation, the South Loop has transformed into one of Chicago’s most sought-after residential areas, making it an ideal choice for homebuyers seeking modern conveniences with a dash of cultural flair.

The South Loop is renowned for its stunning skyline views, proximity to Lake Michigan, and rich historical landmarks, including the iconic Museum Campus, which houses the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy a plethora of green spaces, including Grant Park, perfect for leisurely strolls, picnics, and outdoor events.

For those looking to invest in their dream home, the South Loop offers a variety of housing options under $500,000. From chic condos with panoramic views to charming vintage lofts that echo the area’s industrial past, there’s something for everyone. This affordability, combined with the neighborhood's vibrant community and access to public transportation, makes it a prime location for young professionals, families, and anyone looking to immerse themselves in the city’s rich culture.

With an array of trendy restaurants, cafes, and boutique shops lining the streets, the South Loop is not just a place to live; it’s a lifestyle. Whether you're enjoying a leisurely day at the park or exploring the local art scene, you’ll find that the South Loop is the perfect blend of excitement and comfort. Come discover your new home in this thriving neighborhood!

Newest South Loop Homes under $500,000

901 S Plymouth Court Unit #1905, Chicago
$347,500
2 Beds ⋅ 2 Baths ⋅ 12774137 MLS ⋅ NEW Status ⋅ Dearborn Park BLDG.
PANORAMIC DEARBORN PARK VIEWS! Enjoy sweeping views of the beautiful Dearborn Park neighborhood from this 2-bedroom, 1.5-bath residence at 901 S. Plymouth Court. Freshly painted throughout and featuring newly installed flooring, this home is move-in ready and offers an excellent opportunity to enjoy South Loop living in an amenity-rich building. The well maintained building features an attached parking garage, outdoor swimming pool, exercise room, party room and dedicated additional storage. HOA monthly assessments also include Wi-Fi and internet, adding convenience and value. Ideally located in the heart of the South Loop with Dearborn Park right outside your door and easy access to transportation, dining, shopping, parking and Downtown Chicago. A wonderful combination of space, views, updates and amenities in one of the South Loop's established residential communities.

901 S Plymouth Court Unit #1905, Chicago
1169 S Plymouth Court Unit #105, Chicago
$469,000
2 Beds ⋅ 3 Baths ⋅ 12726882 MLS ⋅ NEW Status
Extensive renovation of unit 105, resulted in a beautiful new duplex to call home. Improvements include a new kitchen, remodeled baths, new flooring, new lighting and fresh paint throughout the entire home. To add to that, the popcorn ceiling was removed in the living level, a new HVAC unit, plus a washer and dryer were installed. This 2 bedroom 2 & 1/2 bath home, spans two levels. The first level is an open floor plan concept, and showcases the living room, dining room and kitchen. A washer and dryer are tucked away in a room connecting to the kitchen. Access to the private terrace is via sliding glass doors adjacent to the living area. The 2nd floor includes 2 bedrooms and 2 baths. The main bedroom suite includes a massive walk-in-closet, and private bath. The building has an outdoor pool and courtyard for entertaining. A party room is available for meetings or get togethers. A storage cage is also included. Within the South Loop School district. Steps to various parks. Walk to the loop, lake, shopping, restaurants and nightlife. Easy access to CTA and major expressways. Your new home is calling!

1169 S Plymouth Court Unit #105, Chicago
1400 S Michigan Avenue Unit #1111, Chicago
$315,000
1 Beds ⋅ 1 Baths ⋅ 12775157 MLS ⋅ NEW Status
Welcome to this beautifully maintained 1-bedroom, 1-bath condominium in the heart of Chicago's vibrant South Loop! Offering approximately 750 square feet of thoughtfully designed living space, this move-in-ready home features an open floor plan, abundant natural light, and a private balcony with city views. Freshly painted and professionally cleaned, this residence is truly move-in ready. The well-appointed kitchen features granite countertops and stainless-steel appliances and opens seamlessly to the spacious living and dining areas, creating a comfortable and inviting setting for everyday living and entertaining. In-unit laundry adds everyday convenience. The property includes one dedicated garage parking space and a private storage space, providing exceptional convenience and valuable additional storage in the city. Enjoy a low monthly HOA fee while taking advantage of the building's extensive full-service amenities. Michigan 1400 offers 24-hour door staff, an outdoor pool and sundeck, fitness center, party room, business center, bike room, bike storage, dog run, receiving room, and professional on-site management. Enjoy an exceptional South Loop location just steps from Grant Park, Museum Campus, Lake Michigan, Soldier Field, public transportation, restaurants, shopping, and major expressways. With its desirable open layout, granite countertops, stainless-steel appliances, private balcony, garage parking, storage space, low HOA, and move-in-ready condition, this condo offers an excellent opportunity to enjoy convenient and vibrant Chicago living.

1400 S Michigan Avenue Unit #1111, Chicago
801 S Plymouth Court Unit #306, Chicago
$295,000
2 Beds ⋅ 2 Baths ⋅ 12775110 MLS ⋅ NEW Status
Dream to experience modern urban life? this spacious 2 bed/2 baths condo offer it all! The master bedroom en-suite has a real walk-in closet like a den room. Both two bedrooms have a separate bathroom. One assigned storage room, and unit facing a beautiful landscaped courtyard! Very convenient location, step to transportation, train and buses station are just around the corner, surrounded by shopping, restaurants, nightlife, schools and walking to the Millennium Park, Grand Park, lake beach and museums campus. Onsite parking available for lease or purchase! Motivated seller welcome all reasonable offers!

801 S Plymouth Court Unit #306, Chicago
1901 S Calumet Avenue Unit #1312, Chicago
$420,000
2 Beds ⋅ 2 Baths ⋅ 12774691 MLS ⋅ NEW Status

1901 S Calumet Avenue Unit #1312, Chicago
233 E 13Th Street Unit #510, Chicago
$425,000
2 Beds ⋅ 2 Baths ⋅ 12773172 MLS ⋅ NEW Status ⋅ Museum Park Tower Iii BLDG.
Welcome to the South Loop's prestigious Museum Park at Museum Pointe III! This sunny West facing 2 bed 2 bath features a favorable split layout, great bedroom sizes, an updated kitchen, room for separate dining, and a large balcony overlooking the treetops. Second bedroom opens to the living room with charming French doors, great space for an office/ guest room combo, and it is currently set up as one with an attached murphy bed. This coveted full amenity building includes 24 hr doorstaff, an outdoor swimming pool & sundeck, clubhouse, fitness room, & a penthouse party room with unparalleled skyline and panoramic lake views! Easy access to the best of everything: South Loop restaurants, Grant Park and museum campus, the lake, and Soldier Field. Close to several bus lines, Red - Orange- Green Line, LSD and all major expressways! Extra wide parking space additional 30K.

233 E 13Th Street Unit #510, Chicago
40 E 9Th Street Unit #1809, Chicago
$330,000
2 Beds ⋅ 2 Baths ⋅ 12729292 MLS ⋅ NEW Status ⋅ Burnham Park Plaza BLDG.
Welcome to an exceptional high-floor residence where sophisticated style, elevated views, and effortless city living come together. Bathed in natural sunlight, this rarely available home features beautiful 2 bedroom, 2 bathroom, cherry hardwood flooring throughout and an expansive open-concept layout designed for both elegant entertaining and comfortable everyday living. The gourmet-inspired kitchen is beautifully appointed with stainless-steel appliances, rich cherry cabinetry, luxurious granite countertops, and a spacious breakfast bar that seamlessly connects to the living and dining areas. Northern city views create an impressive backdrop throughout the main living space. The generously sized primary suite provides a private retreat from the energy of the city, featuring a large custom walk-in closet with exceptional storage, a beautifully appointed private bath, and a serene atmosphere. In-unit laundry adds another level of convenience and privacy. All the closets are custom and appointedd with shelving and draws, Freshly painted in nuetral colors. Residents enjoy an impressive collection of building amenities, including 24-hour door staff, a spectacular 21st-floor rooftop sun deck with unmatched City, Lake and Skyline views, hot tub, grills, dining and entertaining space create an Oassis in the sky. A fully equipped health club, Convinent Store, Secure Mail and package rooms, and On site management, all designed to make everyday living feel effortlessly elevated. Ideally situated near CTA transportation, Grant and Millinium parks, The Jewell, Target, Trader Joe's, the Loop, Lake Michigan, premier shopping and dining, a 21-screen movie theater, and numerous colleges and universities, all this residence places the best of the city right outside your door. Garage parking availavle for purchase or lease. Contact us today to schedule your private showing.

40 E 9Th Street Unit #1809, Chicago
1845 S Michigan Avenue Unit #1208, Chicago
$279,000
1 Beds ⋅ 1 Baths ⋅ 12772252 MLS ⋅ NEW Status
This east-facing one-bedroom, one-bath condo looks out over the neighborhood treetops toward Lake Michigan. The bathroom has been fully renovated. The kitchen has cabinetry, granite countertops, and stainless steel appliances. Hardwood floors run throughout, and in-unit laundry makes daily life easier. Garage parking is included in the price. It's move-in ready and close to everything the South Loop offers.

1845 S Michigan Avenue Unit #1208, Chicago
1250 S Indiana Avenue Unit #308, Chicago
$400,000
2 Beds ⋅ 2 Baths ⋅ 12771438 MLS ⋅ NEW Status
Beautiful corner unit with sunny east & south exposure. Living room bay windows with tree-lined views. 2 bed +2 full-bath. Open kitchen with granite countertop and island. SS appliances, new wood flooring, in-unit washer & dryer. Master bath with sep shower, tub, and double sink vanity. On-site management. Well-maintained building with gym & party room, private storage, bike room. 7th Floor terrace. Assessment includes water, cable and internet. Conveniently to restaurants, groceries, and much more. Close to the lake, museums, stadiams, Roosevelt CTA station, etc. Same 3rd floor deeded parking space sold separately. Agents owned.

1250 S Indiana Avenue Unit #308, Chicago
1600 S Indiana Avenue Unit #605, Chicago
$390,000
2 Beds ⋅ 2 Baths ⋅ 12770497 MLS ⋅ NEW Status
Move right into this beautifully renovated 2-bedroom, 2-bathroom open-concept home, completely updated in 2023 with modern flooring, fresh paint, stylish bathrooms, and a brand-new kitchen featuring sleek cabinetry and an island. Step through the welcoming foyer into an expansive living, dining, and kitchen area designed for effortless entertaining. The spacious primary suite features floor-to-ceiling windows and sliding glass doors that open to a private balcony with stunning city views and a direct look at Soldier Field. Enjoy incredible building amenities, including an on-site property management office, fitness center, and a gorgeous shared terrace with grills. Set in an unbeatable location just steps from shopping, dining, public transit, entertainment, and the lakefront, this gem is a must-see! (Note: Parking is not included in the list price.)

1600 S Indiana Avenue Unit #605, Chicago
2001 S Calumet Avenue Unit #408, Chicago
$388,000
2 Beds ⋅ 2 Baths ⋅ 12770911 MLS ⋅ NEW Status
Rarely available 2-bedroom, 2-bathroom brick-and-concrete loft in the heart of Chicago's coveted Historic Prairie District. Combining authentic loft character with modern updates, this spectacular residence is completely move-in ready and offers an exceptional blend of space, style, and location. Perfectly situated on the preferred fourth floor of this historically significant building, the home features soaring 15-foot ceilings, dramatic architectural details, and expansive south-facing windows that flood the space with natural light while offering unobstructed views. The impressive living room is designed for both everyday living and entertaining, featuring oversized windows, a cozy gas fireplace, and direct access to a private balcony-an ideal retreat for morning coffee or evening relaxation. The open-concept layout flows seamlessly into the spacious kitchen, which boasts abundant counter space, an oversized breakfast bar, and a complete suite of brand-new stainless steel appliances. The highly sought-after split-bedroom floor plan offers outstanding privacy. The spacious primary suite is fully enclosed and showcases stunning floor-to-ceiling exposed brick walls, an oversized walk-in closet, and a private ensuite bath featuring a double-bowl vanity and tub/shower combination. The generously sized second bedroom is thoughtfully positioned near the beautifully appointed second bath, complete with stone tile and a glass-enclosed shower. A versatile additional space provides the flexibility today's buyers demand-perfect as a home office, formal dining area, reading nook, or workout space. Google Fiber WiFi is included as well. Two additional closets offer valuable extra storage and can easily function as a pantry and a guest's welcome closet. Recent improvements include brand-new stainless steel kitchen appliances, newly refinished hardwood floors, fresh paint throughout the entire home, and updated carpeting in both bedrooms, creating a truly turnkey opportunity. This professionally managed and meticulously maintained building offers secured additional storage, bike storage, and a common rooftop deck. Enjoy one of the South Loop's most desirable locations on a quiet, tree-lined street just moments from the Loop, public transportation, the lakefront, Museum Campus, Soldier Field, Wintrust Arena, parks, and some of Chicago's best walking, running, and biking paths. Secured gated parking is also included! A rare opportunity to own a beautifully updated loft residence in one of Chicago's most charming and historic neighborhoods.

2001 S Calumet Avenue Unit #408, Chicago
1305 S Michigan Avenue Unit #1402, Chicago
$425,000
2 Beds ⋅ 2 Baths ⋅ 12770887 MLS ⋅ NEW Status
Welcome to Museum Park Lofts - Enter into the one of the LARGEST and most desirable floor plans in the building-a rarely available 2-bedroom plus an enclosed den (which could act as a third room for sleeping/nursery/office), 2-bathroom residence with an exceptional split-bedroom layout. Bathed in natural light from its Western exposure, this spacious home offers a versatile den that is ideal as a home office, nursery, reading room, or flex space. Both bedrooms are fully enclosed, providing privacy and functionality rarely found in loft living. Lovingly maintained after the original owner purchased the home pre-construction, this residence features a thoughtful custom modification that replaced the original curved wall with a squared-off design, significantly enhancing both the living room and primary suite layout. The beautifully renovated kitchen is designed for both everyday living and effortless entertaining, featuring quartz countertops, an enlarged island with bar seating, a modern subway tile backsplash, a large single-bowl stainless steel sink, stainless steel appliances including a newer dishwasher and French-door refrigerator, under-cabinet lighting, and abundant cabinetry and storage. The expansive living and dining area offers incredible flexibility for entertaining, complete with soaring ceilings, oversized windows, surround-sound wiring, and direct access to a full-sized private balcony showcasing stunning west-facing city views and spectacular sunsets. Retreat to the oversized primary suite, which easily accommodates a king-sized bed plus additional seating. Custom California Closets and custom window treatments enhance every room throughout the home. The luxurious primary bath features dual vanities with quartz countertops, modern matte black fixtures, and a separate soaking tub and shower. The second bathroom has also been tastefully updated with quartz countertops and contemporary matte black faucets. The spacious second bedroom comfortably accommodates a queen-sized bed and is conveniently located near the second full bath. Additional highlights include rich hardwood flooring throughout, a full-size in-unit LG washer and dryer, Nest thermostat, custom closet systems throughout, and included extra storage (4' x 4' x 7'). Heated, Garage Parking Spot sold for $25,000. *Brand new fitness facility updates with new equipment including: treadmill, ski machine, and air bike. Museum Park Lofts is a well-managed boutique building with healthy reserves, friendly 24-hour door staff, a large package receiving room, updated fitness center, and low monthly assessments. Pet-friendly with up to two pets permitted and no weight restrictions. The location is truly unmatched. Enjoy immediate access to the lakefront, Grant Park, Museum Campus, and Soldier Field while remaining conveniently connected to major highways, Metra, CTA Red, Orange, and Green Lines, and numerous bus routes. Just minutes from Whole Foods, Trader Joe's, Mariano's, Target, acclaimed restaurants, shopping, and entertainment. The home is also ideally situated near South Loop colleges and universities, pediatric offices, daycare centers, parks, and family-friendly amenities. A rare opportunity to own a spacious, beautifully updated, move-in-ready home in one of the South Loop's most sought-after buildings and locations.

1305 S Michigan Avenue Unit #1402, Chicago
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