New Homes in Chicago, IL Under $250k :: 168 Communities Skip main navigation

Chicago Homes Under $250k

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            168 Communities

            Quick Move-In Hot Deals

            Ashcroft Place by West Point Builders in Chicago Illinois
            homes in Ashcroft Place by West Point Builders
            homes in Ashcroft Place by West Point Builders
            Deal Video

            Ashcroft Place

            Community by West Point Builders

            603 Westford Place
            Oswego, IL 60543

            West Point Builders

            888-217-1860

            Legend Lakes Townhomes by Lennar in Chicago Illinois
            homes in Legend Lakes Townhomes by Lennar
            homes in Legend Lakes Townhomes by Lennar

            Legend Lakes Townhomes

            Community by Lennar

            1001 Draper Rd.
            McHenry, IL 60050

            Lennar Read Reviews

            224-420-7101

            Greywall Club - Townhomes by Lennar in Chicago Illinois
            homes in Greywall Club - Townhomes by Lennar
            homes in Greywall Club - Townhomes by Lennar

            Greywall Club - Townhomes

            Community by Lennar

            2010 Pembridge Lane
            Joliet, IL 60431

            Lennar Read Reviews

            224-616-5193

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

            Coming Soon

            Tribeca

            Community by M/I Homes

            19410 W Il Route 137
            Grayslake, IL 60030

            M/I Homes

            630-618-2035

            Celebration by Bigelow Homes in Chicago Illinois
            homes in Celebration by Bigelow Homes
            homes in Celebration by Bigelow Homes

            Grand Opening

            Video

            Celebration

            Community by Bigelow Homes

            1050 Celebration Dr.
            Aurora, IL 60504

            Bigelow Homes

            888-846-2035

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

            Coming Soon

            Willow Run

            Community by M/I Homes

            Corner Of S. Drauden Rd & W. Lockport S
            Plainfield, IL 60544

            M/I Homes

            630-448-4842

            Stonegate Townhomes by Lennar in Chicago Illinois
            homes in Stonegate Townhomes by Lennar
            homes in Stonegate Townhomes by Lennar

            Stonegate Townhomes

            Community by Lennar

            24718 McCormick Way
            Manhattan, IL 60442

            Lennar Read Reviews

            224-206-3575

            Naper Commons by Pulte Homes in Chicago Illinois
            homes in Naper Commons by Pulte Homes
            homes in Naper Commons by Pulte Homes

            Coming Soon

            Special Offers

            Naper Commons

            Community by Pulte Homes

            W Lucent Lane and Naperville Road
            Naperville, IL 60563

            Pulte Homes Read Reviews

            888-335-0967

            Sawgrass by Pulte Homes in Chicago Illinois
            homes in Sawgrass by Pulte Homes
            homes in Sawgrass by Pulte Homes

            Coming Soon

            Sawgrass

            Community by Pulte Homes

            SE Corner of Hassert Boulevard and Essington Road
            Bolingbrook, IL 60490

            Pulte Homes Read Reviews

            888-827-4889

            Prairie Woods and Walnut Glen by Pulte Homes in Chicago Illinois
            homes in Prairie Woods and Walnut Glen by Pulte Homes
            homes in Prairie Woods and Walnut Glen by Pulte Homes

            Coming Soon

            Prairie Woods and Walnut Glen

            Community by Pulte Homes

            Dowell Road and Fen View Circle
            Island Lake, IL 60042

            Pulte Homes Read Reviews

            888-928-6334

            Stonegate Duplex by Lennar in Chicago Illinois
            homes in Stonegate Duplex by Lennar
            homes in Stonegate Duplex by Lennar

            Stonegate Duplex

            Community by Lennar

            24718 McCormick Way
            Manhattan, IL 60442

            Lennar Read Reviews

            224-293-0639

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

            Raintree Village - Townhomes

            Community by Lennar

            1852 Wren Road
            Yorkville, IL 60560

            Lennar Read Reviews

            224-293-0638

            Balmorea Townhomes by Ryan Homes in Chicago Illinois
            homes in Balmorea Townhomes by Ryan Homes
            homes in Balmorea Townhomes by Ryan Homes

            Balmorea Townhomes

            Community by Ryan Homes

            3417 Helene Rieder
            Montgomery, IL 60538

            Ryan Homes

            888-258-0425

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

            Lakewood Springs Club

            Community by M/I Homes

            910 Freeman Street
            Plano, IL 60545

            M/I Homes

            630-352-4458

            Kildeer Crossing by Pulte Homes in Chicago Illinois
            homes in Kildeer Crossing by Pulte Homes
            homes in Kildeer Crossing by Pulte Homes

            Coming Soon

            Kildeer Crossing

            Community by Pulte Homes

            NE Corner of Rand Road and W Cuba Road
            Kildeer, IL 60047

            Pulte Homes Read Reviews

            888-229-0562

            Other Builders

            Abbey Ridge/American Heritage Development by American Heritage Development Corp in Chicago Illinois

            Abbey Ridge/American Heritage Development

            McHenry, IL 60050

            Builder Community

            American Heritage Development Corp

            Grand View Iii Townhomes by Krpan Builders in Chicago Illinois

            Grand View Iii Townhomes

            Sycamore, IL 60178

            Builder Community

            Krpan Builders

            Sky Harbor/Sf by T.J. Cachey Builders in Chicago Illinois

            Sky Harbor/Sf

            New Lenox, IL 60451

            Builder Community

            T.J. Cachey Builders

            Theodore's Ridge/Bna Homes by BNA Homes in Chicago Illinois

            Theodore's Ridge/Bna Homes

            Joliet, IL 60431

            Builder Community

            BNA Homes

            Park Place Glenview by The Drake Group in Chicago Illinois

            Coming Soon

            Park Place Glenview

            Glenview, IL 60025

            Builder Community

            The Drake Group

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            New Home Cities in Chicago

            CityCommunitiesAverage New Home Price
            Plainfield10$349,181
            Yorkville6$334,228
            Elgin5$436,546
            Naperville4$519,808
            Joliet4$324,969
            Lemont3$406,633
            South Elgin3$380,775
            McHenry3$361,031
            Mundelein3$145,370
            Huntley3$385,842
            Kildeer3$467,561
            Aurora3$304,118

            New Homes in Chicago by Region

            RegionCommunitiesAverage New Home Price
            North Chicago 2$875,000
            South Chicago 7$374,000
            Southwest Chicago 19$369,000

            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 168 communities and 132 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.