New Homes in Chicago, IL Under $250k :: 173 Communities

Chicago Homes Under $250k

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            173 Communities

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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

            The Seasons at Southbury by Lennar in Chicago Illinois
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            The Seasons at Southbury

            Community by Lennar

            400 Shadow Court
            Oswego, IL 60543

            Lennar Read Reviews

            224-206-3577

            from $237,990 - $290,495

            1 home matches your search

            Grande Reserve Ranch Homes by Ryan Homes in Chicago Illinois
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            Grande Reserve Ranch Homes

            Community by Ryan Homes

            4476 East Millbrook Circle
            Yorkville, IL 60560

            Ryan Homes

            888-512-7062

            from $247,990 - $299,990

            1 home matches your search

            The Townes at Silo Bend by M/I Homes in Chicago Illinois
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            The Townes at Silo Bend

            Community by M/I Homes

            15253 W. 163rd
            Lockport, IL 60491

            M/I Homes

            630-457-4054

            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 $201,490 - $242,075

            9 homes match your search

            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 - $292,601

            4 homes match your search

            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 $203,990 - $233,435

            7 homes match your search

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

            Community by M/I Homes

            15220-15454 W 167th Street
            Lockport, IL 60441

            M/I Homes

            630-463-9270

            Lakewood Springs Club by M/I Homes in Chicago Illinois
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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 $214,490 - $279,480

            6 homes match your search

            Andare at Remington Pointe North by Lennar in Chicago Illinois
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            Andare at Remington Pointe North

            Community by Lennar

            1832 Alta Drive
            Volo, IL 60020

            Lennar Read Reviews

            224-293-0458

            from $238,990 - $337,390

            2 homes match your search

            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

            Talamore Townhomes by Lennar in Chicago Illinois
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            Talamore Townhomes

            Community by Lennar

            8927 Disbrow St.
            Huntley, IL 60142

            Lennar Read Reviews

            224-293-0630

            from $248,990 - $305,050

            1 home matches your search

            Maples at the Sonatas by Epcon Homes and Communities in Chicago Illinois
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            Maples at the Sonatas

            Community by Epcon Homes and Communities

            645 Handel Lane
            Woodstock, IL 60098

            Epcon Homes and Communities

            888-347-7908

            from $209,990 - $239,990

            4 homes match your search

            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 $210,490 - $272,435

            8 homes match your search

            Woodlore Estates - The Townes by Lennar in Chicago Illinois
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            Woodlore Estates - The Townes

            Community by Lennar

            1011 River Birch Blvd
            Crystal Lake, IL 60012

            Lennar Read Reviews

            224-231-5133

            from $249,990 - $286,860

            1 home matches your search

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

            Community by Lennar

            1324 Hawk Hollow Drive
            Yorkville, IL 60560

            Lennar Read Reviews

            224-293-0646

            from $229,065 - $265,223

            5 homes match your search

            Other Builders

            Stonegate Condominiums by Equity Venture in Chicago Illinois

            Stonegate Condominiums

            Glendale Heights, IL 60139

            Builder Community

            Equity Venture

            from $64,900 - $80,900

            2 homes match your search

            Lake Ridge Townhomes by Polcon Builders in Chicago Illinois

            Lake Ridge Townhomes

            Mundelein, IL 60060

            Builder Community

            Polcon Builders

            from $209,900

            1 home matches your search

            Hunters Chase Villas by Phillippe Builders in Chicago Illinois

            Hunters Chase Villas

            Goodenow, IL 60401

            Builder Community

            Phillippe Builders

            from $230,000 - $320,000

            5 homes match your search

            Echelon by Flaherty and Collins Properties in Chicago Illinois

            Echelon

            Matteson, IL 60443

            Builder Community

            Flaherty and Collins Properties

            from $87,000 - $229,900

            8 homes match your search

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            New Home Cities in Chicago

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            CityCommunitiesAverage New Home Price
            Plainfield8$379,818
            Yorkville6$292,859
            Naperville6$649,863
            Elgin4$398,546
            Joliet4$301,596
            Lemont4$549,946
            Huntley3$348,628
            Crystal Lake3$334,647
            Montgomery3$308,865
            Manhattan3$256,180
            Aurora3$284,010
            Kildeer3$437,890

            New Homes in Chicago by Region

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            RegionCommunitiesAverage New Home Price
            Downtown Chicago 68$1,157,000
            North Chicago 10$425,000
            Northwest Chicago 3$477,000
            South Chicago 27$368,000
            Southwest Chicago 111$460,000

            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 173 communities and 135 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.