Olympia Fields Homes under $500,000

Welcome to Olympia Fields, Illinois—a charming suburban oasis nestled in Cook County, just a short drive from the bustling city of Chicago. Known for its lush landscapes and tranquil atmosphere, Olympia Fields is the perfect blend of suburban comfort and urban convenience. This vibrant community boasts a rich history, with tree-lined streets, beautiful parks, and a strong sense of neighborhood camaraderie.

For those seeking a home in this picturesque area, Olympia Fields offers a diverse selection of properties under $500,000. From cozy single-family homes to spacious townhouses, there’s something to suit every lifestyle and budget. Many of these homes feature modern amenities, expansive yards, and are situated near top-rated schools, making it an ideal choice for families.

Nature enthusiasts will appreciate the abundance of green spaces, including the stunning Olympia Fields Country Club and several parks that provide opportunities for outdoor activities such as hiking, biking, and picnicking. The community also hosts various events throughout the year, fostering a strong sense of belonging and engagement among residents.

With easy access to major highways and public transportation options, commuting to downtown Chicago is a breeze, allowing residents to enjoy the best of both worlds. Whether you’re a first-time homebuyer or looking to downsize, Olympia Fields offers an inviting atmosphere and a wealth of opportunities to create lasting memories in a beautiful setting. Come explore this hidden gem and discover the perfect place to call home!

Newest Olympia Fields Homes under $500,000

$375,000

4 Beds ⋅ 3 Baths ⋅ 12783050 MLS ⋅ NEW Status

Move-In Ready 4 Bedroom, 3 Bath Home on an Oversized Lot! This stunning home offers beautiful hardwood floors and plenty of space for comfortable living and entertaining. The main level features a formal living room, formal dining room, and a cozy family room with a wood-burning fireplace that opens to the kitchen. The updated kitchen boasts granite countertops, newer appliances, a wine bar with refrigerator, and abundant cabinet space. Just off the family room, you'll find a spacious all-season room overlooking the huge backyard, complete with a deck and patio, perfect for outdoor gatherings. Upstairs, the primary suite features a private full bath, while three additional generously sized bedrooms and another full bath provide plenty of room for family or guests. The partially finished basement offers a recreation room, laundry area, storage space, and a large crawl space for even more storage. Additional features include an attached 2.5-car garage and a beautifully landscaped oversized lot. Don't miss this exceptional home that combines space, comfort, and a fantastic location!

784 Exmoor Road, Olympia Fields

$369,900

3 Beds ⋅ 3 Baths ⋅ 12778756 MLS ⋅ NEW Status

Welcome to this remarkably stunning ranch with many recent upgrades offering comfortable one-level living, a spacious layout, and peaceful private tree-lined views! Hardwood flooring and six-panel doors flow throughout much of the home, adding warmth and character from the moment you step inside. Notable improvements add even more value, including: Copper plumbing completed in 2019 * Three newer storm doors * New roof in 2018 * Many new windows throughout in 2024 * New central air conditioning in 2018 * Seamless 5-inch gutters installed in 2022 * Upgraded 200-amp electrical panel. The inviting living room features wood-beamed ceilings, custom built-in shelving, and a large picture window that fills the space with natural light. Just off the living room is the dining room, also highlighted by a wood-beamed ceiling, custom built-in cabinetry, and blinds. The updated eat-in kitchen is designed with both style and functionality in mind, featuring newer soft-close cabinetry, granite countertops, a tile backsplash, stainless steel appliances, and a custom wood ceiling with recessed lighting. A large center island with a granite breakfast bar provides additional prep space and casual seating. The kitchen is further equipped with a double oven, electric cooktop with hood fan, and a striking double-sided wood-burning fireplace that brings warmth and character to the heart of the home. The primary bedroom features recessed lighting, a ceiling fan, crown molding, and a private en-suite bathroom with a shower. Two additional generously sized bedrooms provide plenty of flexibility for family, guests, or a home office, including one bedroom with a charming bay window and another with an extra-wide closet. A full hall bathroom features a whirlpool tub, while an additional powder room adds everyday convenience. A additional room can be used as an office, den, or family room. The laundry room includes a washer and dryer replaced in 2020, and numerous storage closets throughout the home provide plenty of space to stay organized. An unfinished basement offers even more possibilities with plenty of room for storage, recreation, a workshop, or future finishing, and already includes a dry bar. The attached two-car garage is equipped with a smart garage system for added convenience. The outdoor space is just as impressive and has been thoughtfully improved for relaxing and entertaining. Enjoy the newly landscaped yard and tree-lined views from the brick paver patio or the new covered patio complete with a ceiling fan and lighting. A hot tub added in 2024 and a newer fire pit create the perfect setting for evenings outdoors. The yard also features a fence installed in 2022, raised garden boxes, and a new shed added in 2025 for additional storage. Near the train station and golf course. With its combination of thoughtful updates, abundant storage, inviting indoor and outdoor living spaces, and beautiful tree-lined setting, this ranch is ready to welcome its next owner!

20525 Attica Road, Olympia Fields

$304,900

2 Beds ⋅ 2 Baths ⋅ 12778813 MLS ⋅ ACTIVE Status

****RARELY AVAILABLE**** Spacious ranch style townhouse in Traditions of Olympia Fields, an established 55+ active adult community. Approx 2190 sq feet with fireplace, 2bedrooms. 2 full baths, huge loft, family room, and attached 2-car garage. Enjoy low-maintenance community living with clubhouse, exercise facility, pool and neighborhood amenities. Convenient to shopping, dining medical services and I-57. HOA dues, inclusions, restrictions and property features to be verified from current association documents and seller disclosures.

19922 Traditions Drive, Olympia Fields

$250,000

4 Beds ⋅ 3 Baths ⋅ 12780703 MLS ⋅ ACTIVE Status

Welcome to your dream home in Olympia Fields! Enter this stunning home through the front door into a vibrant living room, flowing seamlessly into an elegant dining room sparkling with a chandelier. The modern kitchen, boasting stainless steel appliances and a cozy eating area, invites you to savor every meal. Just off the kitchen you'll discover the 4-Seasons room, perfect for year-round enjoyment. A convenient utility/laundry room with a half bath completes this level. Ascend to the upper floor, where four spacious bedrooms await, including a primary bedroom with its own private bathroom, plus a shared bath for the other bedrooms. The finished basement offers a versatile room for endless entertainment. With a 2-car attached garage, large backyard, and refreshing air conditioning, this move-in-ready split-level gem promises pride of ownership. Nestled on a well-maintained street across from a peaceful cul-de-sac, you're moments from I-94, Olympia Fields Metra, golfing, parks, forest preserves, hospitals, restaurants, and grocery stores. Schedule a showing today!

20436 Arcadian Drive, Olympia Fields

$250,000

6 Beds ⋅ 6 Baths ⋅ 12766394 MLS ⋅ ACTIVE Status

***Multiple offers received, final offers due by 9am Tuesday 10/13/26. Decision will be made by 5pm Wednesday 10/14/26.*** Calling all visionaries, builders and investors! Set on nearly 0.86 acre beneath mature trees in Olympia Fields' coveted Graymoor subdivision, this 1974 contemporary quad-level offers approx. 4,950 finished sq ft, 6 bedrooms and 4 full/2 half baths. It's a rare chance to restore a true architectural statement. Dramatic vaulted ceilings, walls of glass and skylights pour light throughout. Highlights include a slate foyer, herringbone parquet, a floor-to-ceiling stone fireplace in the paneled family room, a wet bar, a sauna, and a sprawling walkout lower level with sliders to the wooded grounds. Numerous decks & balconies to take advantage of the private wooded yard. Also: circular drive, 2.5-car attached garage, in-ground pool, dual HVAC, and Flossmoor 161/H-F 233 school districts. The home needs extensive renovation and is not currently habitable. Cash only, sold strictly as-is, buyer to assume responsibility for village inspection requirements. Bring your contractor and your imagination, because the bones are spectacular.

63 Graymoor Lane, Olympia Fields

$374,700

4 Beds ⋅ 3 Baths ⋅ 12767572 MLS ⋅ ACTIVE Status

Seller is offering a 2-1 rate buy down on your loan amount. This will save you hundreds of dollars per month on your mortgage payment for the next several years! Looking for assistance? This home is IHDAccess Eligible for many buyers! This home has been thoughtfully and beautifully renovated with major upgrades, offering a perfect blend of modern style and important system improvements-all completed with full permits pulled. Recent updates include a brand-new roof, a new AC unit, updated mechanicals, and enhanced electrical and safety features such as upgraded outlets and switches, required GFCI protection, and code-compliant smoke and carbon monoxide detectors for added peace of mind. Inside, you'll love the all-new premium flooring and the completely redesigned kitchen with stainless steel appliances, White Calacatta Optima quartz countertops, and a stainless-steel sink, creating a bright, clean, and welcoming space. The home also features a refinished fireplace, brand-new lighting throughout, and fresh interior paint that ties everything together with a warm, modern feel. Behind the scenes, major plumbing upgrades-including sewer, water, and gas improvements-ensure the home is just as solid as it is stylish. New washer and dryer just added to the home! Be sure to check out the 3D tour with floor plan and schedule your private showing! Rich Township High School. No Home Owners Exemption Applied! Approx 1495 reduced when applied. Check with assessor or your lender or attorney.

3451 Ithaca Road, Olympia Fields

$500,000

5 Beds ⋅ 3 Baths ⋅ 12766783 MLS ⋅ ACTIVE Status

Beautifully Remodeled in 2021. In Maynegaite woods Location. 5 bedroom home. Hardwood floors in Living Room/Dining Room. Large Kitchen updated and eating area Overlooking Huge Fenced in backyard and In Ground Pool! 1 Bedroom on the main level off of the family room and a full bathroom main level. Upstairs features 4 large bedrooms, All with Walk in Closets and 2 full bathrooms. . Finished basement. Huge Backyard Fenced in with In Ground Pool. 3 Car Attached Garage and a Large Asphalt Driveway.

20835 London Drive, Olympia Fields

$369,900

4 Beds ⋅ 3 Baths ⋅ 12762774 MLS ⋅ ACTIVE Status

Style, space, and a fresh new look come together at 20626 Greenwood Avenue! This distinctive Cape Cod has been beautifully rehabbed, offering 4 bedrooms, 2.5 baths, gleaming hardwood floors, modern lighting, and striking black-and-white finishes throughout. The spacious layout provides plenty of room to spread out, including a light-filled living room and a convenient first-floor bedroom. The wonderful great room creates a natural gathering space, with expansive glass doors leading to the rear patio. The updated kitchen makes a statement with white shaker cabinetry, dramatic countertops, a geometric tile backsplash, black appliances, and an eye-catching sink and faucet combination. The finished basement adds another generous level of flexible space with recessed lighting, soft carpeting, a fireplace feature, and a separate laundry area-offering possibilities for recreation, relaxation, or hobbies. Upstairs, the inviting primary bedroom connects to a spa-inspired bath featuring a freestanding soaking tub, rainfall shower, and sleek modern finishes. Outside, enjoy a large rear yard with mature trees, a patio, fire pit area, and storage shed, along with an attached garage and private driveway. Conveniently located near Lincoln Highway, Metra Electric service, Olympia Fields Country Club, and area shopping, dining, services, and transportation. Newly refreshed from top to bottom, this home is ready to make a lasting impression-schedule your showing and experience 20626 Greenwood for yourself!

20626 Greenwood Drive, Olympia Fields

$450,000

4 Beds ⋅ 5 Baths ⋅ 12717437 MLS ⋅ ACTIVE Status

Great opportunity in Olympia Fields for an investor or buyer seeking a spacious property with excellent potential to add value. This expansive home offers over 4,400 square feet of living space, featuring 4 bedrooms, 3 full baths, 2 half baths, and a 3-car garage. The interior includes generously sized living areas, a spacious kitchen, and a finished basement with a recreation area and bar. The outdoor space offers even more possibilities, with a private yard, in-ground pool, deck, and basketball court-ideal for entertaining and enjoying the warmer months. The home is in need of TLC, providing an opportunity for the next owner to bring their vision and transform it into something truly special. Whether you're looking to renovate and resell, invest for the long term, or create your dream home, this property offers plenty of room to add value and make it your own. Olympia Fields features two Metra stations, convenient access to I-57, parks and trails, and nearby golf and recreational amenities. Bring your contractor and your ideas-this is an opportunity to unlock the potential of a property with exceptional space and desirable features.

90 Graymoor Lane, Olympia Fields

$234,900

3 Beds ⋅ 2 Baths ⋅ 12757083 MLS ⋅ PRICE CHANGE Status

Welcome home to this beautiful and spacious 3-bedroom, 2-bath ranch offering easy, one-level living and a long list of updates already completed for you! Step inside to gleaming hardwood floors, newer canister lighting, and fresh paint throughout, creating a bright and inviting atmosphere. The kitchen features newer windows (2020), while the primary bedroom offers a beautifully updated private bath completed approximately 2 years ago. Major updates include a newer furnace (2023), roof (2021), and central air (2018). Outside, enjoy the oversized lot with a huge deck, perfect for entertaining, relaxing, or summer gatherings, plus a firepit and newer storage shed for added convenience. The extra-long newer driveway provides plenty of parking. Additional touches include a new closet door in the living room and thoughtful updates throughout. Everything is done-just move in and enjoy! Convenient, comfortable, and truly move-in ready. Priced to sell-don't miss this one!

20301 Hellenic Drive, Olympia Fields

20091 Tam O Shanter Court, Olympia Fields

$399,000

3 Beds ⋅ 3 Baths ⋅ 12743192 MLS ⋅ ACTIVE Status

Rarely available in Olympia Fields, this beautifully updated 3-bedroom, 2.5-bath corner-unit townhome presents a unique opportunity in one of the area's most desirable settings. Thoughtfully updated throughout, the home features a modern kitchen and bathrooms, newer flooring, generous living spaces, and an abundance of natural light. The semi-finished lower level provides additional flexible living space with the potential to add another bathroom, offering an opportunity to further customize the home. Ideally positioned near some of the South Suburbs' most prestigious golf destinations, including Olympia Fields Country Club, Flossmoor Golf Club, and Idlewild Country Club, the location is difficult to replicate. Homes within this community are rarely offered for sale, making this a special opportunity to enjoy an updated home, exceptional space, and a premier Olympia Fields location.

20091 Tam O Shanter Court, Olympia Fields

$305,000

3 Beds ⋅ 2 Baths ⋅ 12724615 MLS ⋅ ACTIVE Status

This well-maintained home offers the ease of single-level living with 3 bedrooms and 2 full bathrooms, including a private primary suite with its own full bath. The spacious layout provides comfortable living areas filled with natural light, while the kitchen offers plenty of cabinet and counter space. The unfinished basement provides endless possibilities for storage, a workshop, home gym, or future finished living space. Additional highlights include central air conditioning, forced-air heating, and an attached 2-car garage. Step outside to enjoy the rear deck and the large, fenced backyard. Conveniently located near the train station, parks, shopping, dining, and major roadways, this move-in ready home combines comfort, functionality, and an excellent location.

2543 Oakwood Drive, Olympia Fields

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