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Chicago Communities with Discounts and Incentives

31 Communities

Talamore - Single Family by Lennar in Chicago Illinois
Home in Talamore - Single Family by Lennar
Home in Talamore - Single Family by Lennar
$14,741

$477,990 - $584,900

Talamore - Single Family

Huntley, IL 60142

8 Floor Plans

Lennar

4.0

Savannah by William Ryan Homes in Chicago Illinois
Home in Savannah by William Ryan Homes
Home in Savannah by William Ryan Homes
$25,000

$419,990 - $519,990

Savannah

Lakemoor, IL 60051

2 Homes

William Ryan Homes

Silo Bend by M/I Homes in Chicago Illinois
Home in Silo Bend by M/I Homes
Home in Silo Bend by M/I Homes

$432,990 - $557,210

Silo Bend

Lockport, IL 60441

11 Floor Plans

Hot Deal

M/I Homes

Brookside Meadows by M/I Homes in Chicago Illinois
Home in Brookside Meadows by M/I Homes
Home in Brookside Meadows by M/I Homes
$15,120

$299,990 - $429,300

Brookside Meadows

Marengo, IL 60152

1 Home

10 Floor Plans

Hot Deal

M/I Homes

Chelsea Manor by M/I Homes in Chicago Illinois
Home in Chelsea Manor by M/I Homes
Home in Chelsea Manor by M/I Homes

$333,490 - $549,990

Chelsea Manor

Aurora, IL 60504

2 Homes

9 Floor Plans

Hot Deal

M/I Homes

Fox Pointe by Lennar in Chicago Illinois
Home in Fox Pointe by Lennar
Home in Fox Pointe by Lennar
Up to $11,360

$401,990 - $519,900

Fox Pointe

Elburn, IL 60119

8 Floor Plans

Lennar

4.0

Naperville Polo Club by Pulte Homes in Chicago Illinois
Home in Naperville Polo Club by Pulte Homes
Home in Naperville Polo Club by Pulte Homes

Grand Opening

$436,990 - $607,990

Naperville Polo Club

Naperville, IL 60564

16 Floor Plans

Hot Deal

Pulte Homes

3.8

Tamms Farm by Lennar in Chicago Illinois
Home in Tamms Farm by Lennar
Home in Tamms Farm by Lennar
$11,820

$363,990 - $510,900

Tamms Farm

Hampshire, IL 60140

11 Floor Plans

Lennar

4.0

The Townes at Becketts by M/I Homes in Chicago Illinois
Home in The Townes at Becketts by M/I Homes
Home in The Townes at Becketts by M/I Homes

$291,990 - $364,290

The Townes at Becketts

South Elgin, IL 60177

4 Floor Plans

Hot Deal

M/I Homes

Ponds of Stony Creek by Lennar in Chicago Illinois
Home in Ponds of Stony Creek by Lennar
Home in Ponds of Stony Creek by Lennar
$14,346

$496,990 - $659,900

Ponds of Stony Creek

Elgin, IL 60124

8 Floor Plans

Lennar

4.0

Breckenridge Estates by M/I Homes in Chicago Illinois
Home in Breckenridge Estates by M/I Homes
Home in Breckenridge Estates by M/I Homes

Closeout

$854,990 - $1,171,200

Breckenridge Estates

Plainfield, IL 60544

2 Floor Plans

Hot Deal

M/I Homes

Westview Crossing by Lennar in Chicago Illinois
Home in Westview Crossing by Lennar
Home in Westview Crossing by Lennar
Up to $17,373

$480,990 - $614,900

Westview Crossing

Algonquin, IL 60102

6 Floor Plans

Lennar

4.0

Estates at Rivers Edge by Pulte Homes in Chicago Illinois
Home in Estates at Rivers Edge by Pulte Homes
Home in Estates at Rivers Edge by Pulte Homes

Coming Soon

Contact Builder for Details

Estates at Rivers Edge

Lisle, IL 60532

Hot Deal

Pulte Homes

3.8

Willow Run by M/I Homes in Chicago Illinois
Home in Willow Run by M/I Homes
Home in Willow Run by M/I Homes

$435,990 - $779,876

Willow Run

Plainfield, IL 60544

1 Home

8 Floor Plans

Hot Deal

M/I Homes

Metro East by M/I Homes in Chicago Illinois
Home in Metro East by M/I Homes
Home in Metro East by M/I Homes

$326,990 - $439,910

Metro East

Orland Park, IL 60462

2 Floor Plans

Hot Deal

M/I Homes

Bowes Creek Country Club - The Fairways Collection by Toll Brothers in Chicago Illinois
Home in Bowes Creek Country Club - The Fairways Collection by Toll Brothers
Home in Bowes Creek Country Club - The Fairways Collection by Toll Brothers

$565,995 - $725,995

Bowes Creek Country Club - The Fairways Collection

Elgin, IL 60124

1 Home

Hot Deal

Toll Brothers

Tall Grass of Naperville by M/I Homes in Chicago Illinois
Home in Tall Grass of Naperville by M/I Homes
Home in Tall Grass of Naperville by M/I Homes

Closeout

$1,058,940 - $1,107,080

Tall Grass of Naperville

Plainfield, IL 60544

3 Homes

Hot Deal

M/I Homes

Tribeca by M/I Homes in Chicago Illinois
Home in Tribeca by M/I Homes
Home in Tribeca by M/I Homes

Closeout

$313,990 - $338,990

Tribeca

Grayslake, IL 60030

2 Floor Plans

Hot Deal

M/I Homes

Highland Woods by Pulte Homes in Chicago Illinois
Home in Highland Woods by Pulte Homes
Home in Highland Woods by Pulte Homes

$446,990 - $480,990

Highland Woods

Elgin, IL 60124

4 Floor Plans

Hot Deal

Pulte Homes

3.8

Creekside Crossing by Lennar in Chicago Illinois
Home in Creekside Crossing by Lennar
Home in Creekside Crossing by Lennar
Up to $15,000

$542,990 - $649,900

Creekside Crossing

Plainfield, IL 60586

7 Floor Plans

Lennar

4.0

Halston Market by M/I Homes in Chicago Illinois
Home in Halston Market by M/I Homes
Home in Halston Market by M/I Homes

$378,490 - $481,720

Halston Market

Des Plaines, IL 60018

5 Floor Plans

Hot Deal

M/I Homes

Rivers Edge by Pulte Homes in Chicago Illinois
Home in Rivers Edge by Pulte Homes
Home in Rivers Edge by Pulte Homes

Coming Soon

Contact Builder for Details

Rivers Edge

Woodridge, IL 60517

Hot Deal

Pulte Homes

3.8

Fieldstone by M/I Homes in Chicago Illinois
Home in Fieldstone by M/I Homes
Home in Fieldstone by M/I Homes
Up to $30,130

$424,990 - $665,250

Fieldstone

Huntley, IL 60142

9 Floor Plans

M/I Homes

Becketts Landing by M/I Homes in Chicago Illinois
Home in Becketts Landing by M/I Homes
Home in Becketts Landing by M/I Homes

$386,490 - $592,190

Becketts Landing

South Elgin, IL 60177

1 Home

13 Floor Plans

Hot Deal

M/I Homes

Darby Farm by M/I Homes in Chicago Illinois
Home in Darby Farm by M/I Homes
Home in Darby Farm by M/I Homes

$415,990 - $498,670

Darby Farm

New Lenox, IL 60451

6 Floor Plans

Hot Deal

M/I Homes

Hawthorn Woods Country Club by M/I Homes in Chicago Illinois
Home in Hawthorn Woods Country Club by M/I Homes
Home in Hawthorn Woods Country Club by M/I Homes

$523,990 - $769,870

Hawthorn Woods Country Club

Hawthorn Woods, IL 60047

8 Floor Plans

Hot Deal

M/I Homes

Park Pointe - Urban Townhomes by Lennar in Chicago Illinois
Home in Park Pointe - Urban Townhomes by Lennar
Home in Park Pointe - Urban Townhomes by Lennar
$8,545

$346,990 - $401,945

Park Pointe - Urban Townhomes

South Elgin, IL 60177

4 Floor Plans

Lennar

4.0

Woodlore Estates by Lennar in Chicago Illinois
Home in Woodlore Estates by Lennar
Home in Woodlore Estates by Lennar
Up to $36,835

$523,990 - $605,971

Woodlore Estates

Crystal Lake, IL 60012

8 Floor Plans

Lennar

4.0

Lincoln Prairie by Del Webb by Del Webb in Chicago Illinois
Home in Lincoln Prairie by Del Webb by Del Webb
Home in Lincoln Prairie by Del Webb by Del Webb

$380,990 - $639,561

Lincoln Prairie by Del Webb

Aurora, IL 60503

10 Floor Plans

Hot Deal

Del Webb

4.1

The Villas At Link Crossing by M/I Homes in Chicago Illinois
Home in The Villas At Link Crossing by M/I Homes
Home in The Villas At Link Crossing by M/I Homes

Closeout

$621,770 - $854,812

The Villas At Link Crossing

Buffalo Grove, IL 60089

3 Homes

Hot Deal

M/I Homes

Sagebrook Reserve by M/I Homes in Chicago Illinois
Home in Sagebrook Reserve by M/I Homes
Home in Sagebrook Reserve by M/I Homes

$506,990 - $722,930

Sagebrook Reserve

South Elgin, IL 60177

3 Homes

5 Floor Plans

Hot Deal

M/I Homes

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Market Snapshot

New Homes in Chicago by Region

RegionCommunitiesAverage New Home Price
Downtown Chicago 5$2,788,000
North Chicago 2$455,000
Northwest Chicago 6$293,000
South Chicago 8$274,000
Southwest Chicago 30$422,000

Chicago Cities with New Home Hot Deals

CityCommunitiesAverage Home Price
Plainfield3$546,640
South Elgin3$441,346
Elgin2$502,626
Aurora2$451,293
Lockport1$471,080
Naperville1$564,127
Orland Park1$331,990
Hawthorn Woods1$562,990
Des Plaines1$406,090
New Lenox1$483,990
Marengo1$345,590
Oswego1$448,754

New Communities with Deals & Builder Incentives in Chicago

NewHomeSource helps you find some of the best deals in Chicago, IL. No matter what part of Chicago you want to call home, NewHomeSource can find you some of the best home deals in the city. Our team of pros will not only help you find the home that's right for you; we'll also help you find it for the best price. We know that buying a new home is one of life's big investments. That's why we are providing you with today's new homes with hot deals, incentives and discount available to make the process a little more affordable.

New Home Community Incentives in Chicago, IL

Some of the best new home builder incentives and discounts in Chicago occur at the start and at the end of community development. In the beginning, the builder needs sales momentum for the community and may offer grand opening incentives on top of early phase pricing. Getting in early on a desirable location can mean price appreciation before the first phase is even complete. Also, at the end of a development, the home builder may discount remaining lots to cut the overhead cost of keeping the community open and the extra expense of relying upon outside real estate agents.

Regardless of the building phase, you will likely find incentives from builders involve financing and/or discounts on upgrades. This makes sense as the first set helps consumers by making the home more affordable. Home builders often will pay for or discount closing costs particularly if you are using their preferred lender. See our buyers guide to closing cost incentives to learn the basics of these builder concessions. It is usually a win-win. You get a better price on your new house and the builder makes additional profit selling more and financing your home. You usually earn these incentives by working with preferred lenders and related title companies. Of course, you will still want to compare interest rates and other fees to be sure your deals are fair.

Beyond financing, home builders often will provide incentive to purchase options and upgrades to your new home. The profit margin on upgrades are typically higher than the actual home construction, so builder often have more room to negotiate. The value of these are harder to assess. This short post on home builder promotions will help you put these discounts in perspective.

Here is a quick overview of new housing developments in the Chicago area with incentives and promotions:

Builders offering Incentives6
Communities with Promotions31
Floor Plans Available208
Quick Delivery Homes137