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Chicago Homes Under $200k

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            16 Communities

            Quick Move-In Hot Deals

            Metro East by M/I Homes in Chicago Illinois

            Coming Soon

            Metro East

            Community by M/I Homes

            9300 W. 143rd Street
            Orland Park, IL 60462

            M/I Homes

            888-601-3826

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

            Coming Soon

            The Townes at Becketts

            Community by M/I Homes

            7n848 S McLean Boulevard
            South Elgin, IL 60177

            M/I Homes

            630-701-7612

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

            Coming Soon

            Special Offers

            Lincoln Prairie by Del Webb

            Community by Del Webb

            Eola Road and Wolf's Crossing Road
            Aurora, IL 60503

            Del Webb

            888-498-2071

            The Conservancy by Ryan Homes in Chicago Illinois
            homes in The Conservancy by Ryan Homes
            homes in The Conservancy by Ryan Homes

            Coming Soon

            The Conservancy

            Community by Ryan Homes

            914 Mario Lane
            Gilberts, IL 60136

            Ryan Homes

            Winding Creek by Pulte Homes in Chicago Illinois
            homes in Winding Creek by Pulte Homes
            homes in Winding Creek by Pulte Homes

            Coming Soon

            Special Offers

            Winding Creek

            Community by Pulte Homes

            McKee Street and Deerpath Road
            Batavia, IL 60510

            Pulte Homes 211 Reviews

            Becketts Landing by M/I Homes in Chicago Illinois

            Coming Soon

            Becketts Landing

            Community by M/I Homes

            7n848 S McLean Boulevard
            South Elgin, IL 60177

            M/I Homes

            630-621-4837

            Halston Market by M/I Homes in Chicago Illinois

            Coming Soon

            Halston Market

            Community by M/I Homes

            1050 E Oakton Street
            Des Plaines, IL 60018

            M/I Homes

            630-686-8180

            Other Builders

            Foxwoods Condominiums by Dremco, Inc. in Chicago Illinois
            homes in Foxwoods Condominiums by Dremco, Inc.
            homes in Foxwoods Condominiums by Dremco, Inc.

            Foxwoods Condominiums

            Community by Dremco, Inc.

            Oak Lawn, IL 60453

            Dremco, Inc.

            from $200,000

            2 homes match your search

            Landmark Crossing by Contry Homes in Chicago Illinois
            homes in Landmark Crossing by Contry Homes
            homes in Landmark Crossing by Contry Homes

            Landmark Crossing

            Community by Contry Homes

            Belvidere, IL 61008

            Contry Homes

            from $191,400 - $241,400

            1 home matches your search

            Pepper Pointe West Condos by Contry Homes in Chicago Illinois
            homes in Pepper Pointe West Condos by Contry Homes
            homes in Pepper Pointe West Condos by Contry Homes

            Pepper Pointe West Condos

            Community by Contry Homes

            Rockford, IL 61114

            Contry Homes

            from $115,900

            1 home matches your search

            Townhomes Of Heron Creek by Castle Builders in Chicago Illinois
            homes in Townhomes Of Heron Creek by Castle Builders
            homes in Townhomes Of Heron Creek by Castle Builders

            Townhomes Of Heron Creek

            Community by Castle Builders

            Sycamore, IL 60178

            Castle Builders

            from $199,900

            1 home matches your search

            Park Place Glenview by The Drake Group in Chicago Illinois

            Coming Soon

            Park Place Glenview

            Community by The Drake Group

            Glenview, IL 60025

            The Drake Group

            2907 W Irving Park Road by Townes Glaser Development in Chicago Illinois

            Coming Soon

            2907 W Irving Park Road

            Community by Townes Glaser Development

            Chicago, IL 60618

            Townes Glaser Development

            Brandon Subdivision by Contry Homes in Chicago Illinois
            homes in Brandon Subdivision by Contry Homes
            homes in Brandon Subdivision by Contry Homes

            Brandon Subdivision

            Community by Contry Homes

            Rockford, IL 61109

            Contry Homes

            from $137,900 - $141,900

            2 homes match your search

            Turnberry Ridge by Contry Homes in Chicago Illinois
            homes in Turnberry Ridge by Contry Homes
            homes in Turnberry Ridge by Contry Homes

            Turnberry Ridge

            Community by Contry Homes

            Rockford, IL 61109

            Contry Homes

            from $148,900 - $150,900

            3 homes match your search

            Logan Square Townhomes by Howlett Homes in Chicago Illinois
            homes in Logan Square Townhomes by Howlett Homes
            homes in Logan Square Townhomes by Howlett Homes

            Logan Square Townhomes

            Community by Howlett Homes

            Belvidere, IL 61008

            Howlett Homes

            from $89,900

            2 homes match your search

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            The home you love might be on the next page

            Chicago features many of the best home builder communities in Illinois, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Chicago has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Chicago area. In fact, there are 16 communities and 10 builders in Chicago with homes starting at under $200K.

            How to Find Homes in Chicago For Less Than $200K?

            Many builders recognize there is growing demand in the Chicago area for homes under the $200k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.