Chi - Greater Grand Crossing Homes under $500,000

Chi - Greater Grand Crossing Homes under $500,000

Welcome to Greater Grand Crossing, a vibrant neighborhood nestled in the heart of Chicago, Illinois. Known for its rich history and diverse community, Greater Grand Crossing offers a unique blend of urban living and suburban charm. This area is characterized by its tree-lined streets, beautiful parks, and a strong sense of community, making it an ideal place for families, young professionals, and anyone looking to enjoy the best of city life.

One of the standout features of Greater Grand Crossing is its affordability. With a variety of homes available for under $500,000, this neighborhood presents an incredible opportunity for first-time homebuyers and investors alike. From charming single-family homes to modern townhouses, the real estate options cater to a range of tastes and budgets. Imagine settling into a cozy abode with a backyard for summer barbecues or a stylish condo with easy access to public transportation and local amenities.

The community is also home to several parks, including the lovely Grand Crossing Park, where residents can enjoy recreational activities, picnics, and community events. The area boasts a rich cultural scene, with local shops, restaurants, and markets that reflect the neighborhood's diversity.

With its affordable housing options, strong community spirit, and convenient location, Greater Grand Crossing is a hidden gem in Chicago. Whether you’re looking to invest in your first home or seeking a welcoming community to grow in, this neighborhood has something special to offer. Come explore the possibilities and discover your new home in Greater Grand Crossing!

Newest Chi - Greater Grand Crossing Homes under $500,000

7026 S Eberhart Avenue, Chicago
$449,000
6 Beds ⋅ 3 Baths ⋅ 12778692 MLS ⋅ NEW Status
Beautifully updated two-unit building in Chicago's desirable Woodlawn neighborhood, offering an excellent opportunity for both investors and owner-occupants. This well-maintained property features spacious units, modern updates, and flexible living arrangements. The duplexed-down main-level unit offers 4 large bedrooms and 2 full baths, while the upper-level unit features 3 bedrooms and an updated full bath. Both units offer bright, inviting living spaces, generous bedrooms, ample storage and renovated finishes throughout. The refreshed eat-in kitchens feature breakfast nooks, newer cabinetry, modern quartz countertops, stainless-steel appliances, and custom tiled backsplashes creating a clean, contemporary feel. Large windows fill the units with natural light, while updated flooring throughout adds to their move-in appeal. Classic Chicago architecture blends seamlessly with modern updates, creating a property that is both charming and practical. Ideally located near public transportation, parks, shopping, restaurants, and major roadways, this property provides convenient access to surrounding neighborhoods and downtown Chicago. Its proximity to the University of Chicago, Jackson Park, and the Obama Presidential Center further enhances its appeal. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property is an opportunity worth exploring.

7026 S Eberhart Avenue, Chicago

7844 S Greenwood Avenue, Chicago
$310,000
6 Beds ⋅ 4 Baths ⋅ 12774257 MLS ⋅ NEW Status
Welcome to 7844 S Greenwood Ave, Chicago, IL, a spacious 2-flat for sale in Greater Grand Crossing offering an excellent opportunity for real estate investors, owner-occupants, house hackers, and buyers searching for a Chicago multi-family property with rental income potential. This South Side Chicago 2-flat features two spacious 3-bedroom units, each offering nearly 1,000 square feet of living space with bright, sun-filled living rooms, attractive flooring, functional layouts, and in-unit laundry, making the property appealing for tenants, extended families, or buyers looking to live in one unit while generating rental income from the other. Recent improvements add additional value, including a partially repaired roof in 2026, a new rear deck installed in 2026, a replaced gate in 2026, and a basement furnace that is approximately one year old. The property also features a private backyard, two dedicated exterior parking spaces, ample free street parking, and an unfinished basement with separate exterior access that provides valuable storage space and potential future value-add opportunities, subject to applicable Chicago zoning, building codes, and permitting requirements. Located in Greater Grand Crossing on Chicago's South Side, 7844 S Greenwood Ave offers convenient access to the 79th Street/Chatham Metra Electric Station, CTA bus routes, I-90, and the Chicago Skyway, providing easy access throughout Chicago and surrounding areas. Nearby destinations include Grand Crossing Park, the South Shore Cultural Center, the University of Chicago, shopping, restaurants, medical facilities, schools, and everyday neighborhood amenities. Whether you're searching for a Chicago 2-flat for sale, Greater Grand Crossing multi-family home, Chicago investment property, income-producing property, house hacking opportunity, rental property, or South Side Chicago real estate investment, 7844 S Greenwood Ave offers a strong combination of space, rental income potential, recent improvements, parking, commuter access, and long-term value-add potential. Schedule your private showing today and discover the possibilities at 7844 S Greenwood Ave in Greater Grand Crossing, Chicago.

7844 S Greenwood Avenue, Chicago

Start Your Search



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.