New Homes in Chicago, IL Under $250k :: 165 Communities Skip main navigation

Chicago Homes Under $250k

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            165 Communities

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            Ashcroft Place by West Point Builders in Chicago Illinois
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            Ashcroft Place

            Community by West Point Builders

            603 Westford Place
            Oswego, IL 60543

            West Point Builders

            888-217-1860

            from $226,990 - $385,990

            4 homes match your search

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            Balmorea Townhomes by Ryan Homes in Chicago Illinois
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            Balmorea Townhomes

            Community by Ryan Homes

            3417 Helene Reider
            Montgomery, IL 60538

            Ryan Homes

            888-258-0425

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            Lansdowne by M/I Homes in Chicago Illinois
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            homes in Lansdowne by M/I Homes

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            Lansdowne

            Community by M/I Homes

            23393 W. 127th Street
            Plainfield, IL 60585

            M/I Homes

            630-203-9768

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            Lansdowne by Pulte Homes in Chicago Illinois
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            Lansdowne

            Community by Pulte Homes

            127th Street, 1/2 Mile East of Route 59
            Plainfield, IL 60585

            Pulte Homes Read Reviews

            888-248-7515

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            Canterbury Townes by Ryan Homes in Chicago Illinois
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            Canterbury Townes

            Community by Ryan Homes

            181 Canterbury Way
            Lake Zurich, IL 60047

            Ryan Homes

            888-235-0797

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            Stonegate Duplex by Lennar in Chicago Illinois
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            Stonegate Duplex

            Community by Lennar

            24718 McCormick Way
            Manhattan, IL 60442

            Lennar Read Reviews

            224-293-0639

            from $226,490 - $282,855

            6 homes match your search

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            Stonegate Townhomes by Lennar in Chicago Illinois
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            Stonegate Townhomes

            Community by Lennar

            24718 McCormick Way
            Manhattan, IL 60442

            Lennar Read Reviews

            224-206-3575

            from $216,490 - $261,835

            6 homes match your search

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            Raintree Village - Townhomes by Lennar in Chicago Illinois
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            Raintree Village - Townhomes

            Community by Lennar

            1852 Wren Road
            Yorkville, IL 60560

            Lennar Read Reviews

            224-293-0638

            from $227,990 - $245,990

            7 homes match your search

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            Celebration by Bigelow Homes in Chicago Illinois
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            Celebration

            Community by Bigelow Homes

            1050 Celebration Dr.
            Aurora, IL 60504

            Bigelow Homes

            888-846-2035

            from $220,310 - $321,860

            1 home matches your search

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            Lakewood Springs Club by M/I Homes in Chicago Illinois
            homes in Lakewood Springs Club by M/I Homes
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            Lakewood Springs Club

            Community by M/I Homes

            910 Freeman Street
            Plano, IL 60545

            M/I Homes

            630-352-4458

            from $224,990 - $275,490

            4 homes match your search

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            Other Builders

            Saratoga Springs by Saratoga Homes in Chicago Illinois

            Saratoga Springs

            Montgomery, IL 60538

            Builder Community

            Saratoga Homes

            from $176,990 - $278,950

            17 homes match your search

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            Old River Ridge/Three Hammer Construction by Three Hammer Construction in Chicago Illinois

            Old River Ridge/Three Hammer Construction

            Machesney Park, IL 61103

            Builder Community

            Three Hammer Construction

            from $149,900

            1 home matches your search

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            Deerpath Creek Townhomes by Baumgartner Homes in Chicago Illinois

            Deerpath Creek Townhomes

            Oswego, IL 60543

            Builder Community

            Baumgartner Homes

            from $191,000 - $284,900

            1 home matches your search

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            Royal Oak by IGL Real Estate in Chicago Illinois

            Royal Oak

            Wildwood, IL 60030

            Builder Community

            IGL Real Estate

            from $75,900 - $163,900

            10 homes match your search

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            Pebblewood Court by Kargil Development in Chicago Illinois

            Pebblewood Court

            Hanover Park, IL 60133

            Builder Community

            Kargil Development

            from $99,800 - $138,800

            6 homes match your search

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            Westhaven Park Live Work Spaces by Michaels Development Company in Chicago Illinois

            Westhaven Park Live Work Spaces

            Chicago, IL 60612

            Builder Community

            Michaels Development Company

            from $90,250

            1 home matches your search

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            Kenneth Court by MK Development Group in Chicago Illinois

            Kenneth Court

            Chicago, IL 60641

            Builder Community

            MK Development Group

            from $149,000

            1 home matches your search

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            Fairwind At Sandwich/Primus Corporation by Primus Corporation in Chicago Illinois

            Fairwind At Sandwich/Primus Corporation

            Sandwich, IL 60548

            Builder Community

            Primus Corporation

            from $227,900 - $273,990

            2 homes match your search

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            Sycamore Lakes by Grieves Construction in Chicago Illinois

            Sycamore Lakes

            Peru, IL 61354

            Builder Community

            Grieves Construction

            from $185,000 - $235,000

            2 homes match your search

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            River Key by Slabaugh & Sons Builders in Chicago Illinois

            River Key

            Machesney Park, IL 61103

            Builder Community

            Slabaugh & Sons Builders

            from $232,000 - $350,000

            2 homes match your search

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            New Home Cities in Chicago

            CityCommunitiesAverage New Home Price
            Plainfield9$393,908
            Yorkville6$322,938
            Elgin4$425,213
            Naperville3$507,171
            Huntley3$368,906
            South Elgin3$366,347
            McHenry3$350,823
            Aurora3$292,728
            Crystal Lake3$360,279
            Manhattan3$276,609
            Lemont2$401,666
            Hawthorn Woods2$524,492

            New Homes in Chicago by Region

            RegionCommunitiesAverage New Home Price
            Downtown Chicago 67$1,206,000
            North Chicago 10$488,000
            Northwest Chicago 3$477,000
            South Chicago 25$382,000
            Southwest Chicago 108$456,000

            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 165 communities and 134 builders in Chicago with homes starting at under $250K.

            How to Find Homes in Chicago For Less Than $250K?

            Many builders recognize there is growing demand in the Chicago area for homes under the $250k 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.