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, IL Homes Under $400K!

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            110 Communities

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            Gramercy Square by M/I Homes in Chicago Illinois
            homes in Gramercy Square by M/I Homes
            homes in Gramercy Square by M/I Homes

            Gramercy Square

            Community by M/I Homes

            4111 Calder Lane
            Aurora, IL 60504

            M/I Homes

            630-343-5141

            from $394,290 - $567,319

            1 home matches your search

            Hidden River by Pulte Homes in Chicago Illinois
            homes in Hidden River by Pulte Homes
            homes in Hidden River by Pulte Homes

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            Hidden River

            Community by Pulte Homes

            16401 Hidden River Circle
            Plainfield, IL 60586

            Pulte Homes 207 Reviews

            888-554-1495

            from $376,990 - $564,198

            3 homes match your search

            Grande Reserve Ranch Homes by Ryan Homes in Chicago Illinois
            homes in Grande Reserve Ranch Homes by Ryan Homes
            homes in Grande Reserve Ranch Homes by Ryan Homes
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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 $322,990 - $386,990

            5 homes match your search

            Meadows of West Bay - Single Family by Lennar in Chicago Illinois
            homes in Meadows of West Bay - Single Family by Lennar
            homes in Meadows of West Bay - Single Family by Lennar

            Meadows of West Bay - Single Family

            Community by Lennar

            8603 Pebble Creek Court
            Wonder Lake, IL 60097

            Lennar 175 Reviews

            224-293-4455

            from $300,990 - $390,280

            10 homes match your search

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

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            Silo Bend

            Community by M/I Homes

            16646 S. Sun Meadow Drive
            Lockport, IL 60441

            M/I Homes

            630-463-9270

            from $395,990 - $540,340

            1 home matches your search

            Meadows of West Bay - Townhomes by Lennar in Chicago Illinois
            homes in Meadows of West Bay - Townhomes by Lennar
            homes in Meadows of West Bay - Townhomes by Lennar

            Meadows of West Bay - Townhomes

            Community by Lennar

            8603 Pebble Creek Court
            Wonder Lake, IL 60097

            Lennar 175 Reviews

            224-307-5650

            from $221,990 - $273,900

            8 homes match your search

            Talamore - Andare by Lennar in Chicago Illinois
            homes in Talamore - Andare by Lennar
            homes in Talamore - Andare by Lennar

            Talamore - Andare

            Community by Lennar

            11849 Hubbe Court
            Huntley, IL 60142

            Lennar 175 Reviews

            224-293-0607

            from $332,990 - $393,852

            11 homes match your search

            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

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

            The Townes at Silo Bend

            Community by M/I Homes

            16520 S. Brook Lane
            Lockport, IL 60441

            M/I Homes

            630-457-4054

            from $273,990 - $442,540

            8 homes match your search

            Canterbury Townes by Ryan Homes in Chicago Illinois
            homes in Canterbury Townes by Ryan Homes
            homes in Canterbury Townes by Ryan Homes
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            Canterbury Townes

            Community by Ryan Homes

            181 Canterbury Way
            Lake Zurich, IL 60047

            Ryan Homes

            888-235-0797

            from $367,490 - $387,490

            2 homes match your search

            Becketts Landing by M/I Homes in Chicago Illinois

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            Becketts Landing

            Community by M/I Homes

            7n848 S McLean Boulevard
            South Elgin, IL 60177

            M/I Homes

            630-621-4837

            Tamms Farm by Lennar in Chicago Illinois
            homes in Tamms Farm by Lennar
            homes in Tamms Farm by Lennar

            Tamms Farm

            Community by Lennar

            1285 Highbrook Ave
            Hampshire, IL 60140

            Lennar 175 Reviews

            224-433-5205

            from $399,990 - $529,900

            1 home matches your search

            Trails of Woods Creek by Pulte Homes in Chicago Illinois
            homes in Trails of Woods Creek by Pulte Homes
            homes in Trails of Woods Creek by Pulte Homes

            Trails of Woods Creek

            Community by Pulte Homes

            W Algonquin Road and Frank Road
            Algonquin, IL 60102

            Pulte Homes 207 Reviews

            888-394-2517

            from $329,990 - $564,844

            8 homes match your search

            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

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            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

            Prairie Commons - Urban Townhomes by Lennar in Chicago Illinois
            homes in Prairie Commons - Urban Townhomes by Lennar
            homes in Prairie Commons - Urban Townhomes by Lennar

            Prairie Commons - Urban Townhomes

            Community by Lennar

            1601 Carlstedt Dr.
            Batavia, IL 60510

            Lennar 175 Reviews

            224-293-0621

            from $343,490 - $395,285

            9 homes match your search

            Metro East by M/I Homes in Chicago Illinois

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            Metro East

            Community by M/I Homes

            9300 W. 143rd Street
            Orland Park, IL 60462

            M/I Homes

            888-601-3826

            The Trails of Pheasant Ridge by Gerstad Builders in Chicago Illinois
            homes in The Trails of Pheasant Ridge by Gerstad Builders
            homes in The Trails of Pheasant Ridge by Gerstad Builders

            The Trails of Pheasant Ridge

            Community by Gerstad Builders

            11211 Thrush Creek Dr
            Richmond, IL 60071

            Gerstad Builders

            888-329-8944

            from $317,490 - $412,490

            9 homes match your search

            Raintree Village - Single Family by Lennar in Chicago Illinois
            homes in Raintree Village - Single Family by Lennar
            homes in Raintree Village - Single Family by Lennar

            Raintree Village - Single Family

            Community by Lennar

            2125 Tremont Avenue
            Yorkville, IL 60560

            Lennar 175 Reviews

            224-293-4587

            from $370,990 - $421,550

            5 homes match your search

            Prairie Ridge by Ryan Homes in Chicago Illinois
            homes in Prairie Ridge by Ryan Homes
            homes in Prairie Ridge by Ryan Homes
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            Prairie Ridge

            Community by Ryan Homes

            491 East Meadowdale Circle
            Hampshire, IL 60140

            Ryan Homes

            888-244-4526

            from $333,490 - $387,490

            5 homes match your search

            Greywall Club - Single Family by Lennar in Chicago Illinois
            homes in Greywall Club - Single Family by Lennar
            homes in Greywall Club - Single Family by Lennar

            Greywall Club - Single Family

            Community by Lennar

            2202 Rosehall Drive
            Joliet, IL 60431

            Lennar 175 Reviews

            224-293-4934

            from $356,990 - $432,575

            8 homes match your search

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            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 has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the area. In fact, there are 110 communities and 36 builders in with homes starting at under $400K.

            How to Find Homes in For Less Than $400K?

            Many builders recognize there is growing demand in the area for homes under the $400K 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.