Austin Homes under $400,000

Welcome to the vibrant and diverse neighborhood of Austin, nestled in the heart of Chicago, Illinois! Known for its rich cultural heritage and strong community spirit, Austin is a place where history meets modern living. This dynamic area is characterized by its beautiful tree-lined streets, historic architecture, and a welcoming atmosphere that makes it an ideal place for families, young professionals, and first-time homebuyers.

Austin offers a variety of homes under $400,000, making it an attractive option for those looking to invest in real estate without breaking the bank. From charming bungalows to spacious two-flats, there’s something for everyone in this affordable market. Many of these homes boast unique features like hardwood floors, large backyards, and updated kitchens, providing the perfect canvas for your personal touch.

The neighborhood is not just about affordable housing; it’s also a hub of activity and opportunity. Residents enjoy easy access to public transportation, including the Green Line train and several bus routes, making commuting to downtown Chicago a breeze. Austin is home to numerous parks, recreational facilities, and community centers, ensuring that there’s always something to do for people of all ages.

Additionally, the area is undergoing revitalization, with new businesses and amenities popping up, contributing to its growth and appeal. With a strong sense of community, diverse dining options, and a commitment to neighborhood improvement, Austin is not just a place to live; it’s a place to thrive. Come explore the charm and potential of Austin, where your dream home awaits!

Newest Austin Homes under $400,000

$389,000

4 Beds ⋅ 2 Baths ⋅ 12775865 MLS ⋅ NEW Status

Welcome to 4833 W Gladys Ave, a stunning brick two unit property full of incredible potential and classic Chicago charm! Featuring generous multilevel layouts, rich architectural character and abundant natural light throughout each unit, this building offers solid fundamentals ready for personal design updates or steady rental income. Live comfortably in one unit while renting the other! Situated on a quiet residential block just steps from Columbus Park, local schools and neighborhood retail. The home also boasts excellent transit connectivity with quick access to the CTA Blue Line, multiple bus routes, and interstate 290 just minutes from downtown. Seller will provide a 2% credit to buyer's closing costs!

4833 W Gladys Avenue, Chicago

$349,900

4 Beds ⋅ 2 Baths ⋅ 12773983 MLS ⋅ NEW Status

Meticulously renovated 4-bedroom, 2-bath single-family home in the heart of Austin with super low property taxes! The sun-filled main level features an open living and dining combination with premium hardwood flooring, perfect for everyday use and entertaining. The updated kitchen boasts stainless steel appliances, attached breakfast nook, and overlooks the backyard. The second level offers four well-appointed bedrooms. There's a attic on the third level which can be used as ample storage space. The lower level includes a fully finished basement completed with ceramic tile which is great for entertaining and extra living space, laundry and a utility room with ample storage. Hardwood floors, crown molding, and Central A/C with furnaces throughout. The fully fenced backyard features tons of yard space used for storing vehicles etc. Conveniently located near public transportation, dining, and shopping.

122 N Long Avenue, Chicago

$50,000

2 Beds ⋅ 1 Baths ⋅ 12773886 MLS ⋅ NEW Status

Fire damaged property. Full rehab. Sold "As-is".

1159 N Long Avenue, Chicago

$400,000

4 Beds ⋅ 3 Baths ⋅ 12772788 MLS ⋅ NEW Status

Live blocks from Columbus Park in this well-maintained blonde, brick two-unit building that offers HUGE living rooms and sizeable bedrooms with hardwood floors under the carpet) giving you flexibility whether you want to live in one unit and rent the other or add a solid income property to your portfolio. The finished basement is a real bonus, complete with a bar for entertaining and a full bathroom, making it ideal for gatherings, extra living space, or a private retreat. With separate living spaces above and a fully finished lower level, this property offers plenty of room and versatility.

5328 W Quincy Street, Chicago

$399,900

4 Beds ⋅ 3 Baths ⋅ 12764921 MLS ⋅ ACTIVE Status

SPACE, POTENTIAL & OPPORTUNITY! Spacious brick bungalow featuring 6 bedrooms, 3 full baths, and 3 levels of living space. Enjoy a finished basement with recreation room and additional bedrooms, a large family room, screened porch, and detached 2-car garage. Plenty of space and flexibility for your lifestyle, with room to add your own personal touches. Come see the possibilities at 1533 N. Waller!

1533 N Waller Avenue, Chicago

$310,000

3 Beds ⋅ 2 Baths ⋅ 12770029 MLS ⋅ ACTIVE Status

4957 W Ferdinand Street, Chicago

$335,000

5 Beds ⋅ 2 Baths ⋅ 12770312 MLS ⋅ ACTIVE Status

Great investment opportunity in the Austin neighborhood! This property needs some TLC and offers strong potential for renovation, rental income, or value-add investment. Buyer and buyer's agent to conduct their own due diligence prior to submitting an offer. Located on Chicago's West Side, the property has convenient access to public transit (CTA Green Line & buses), parks and recreation nearby including Columbus Park, local retail and amenities, and easy connections to downtown Chicago. Sold as-is;Submit your offer today-don't miss this opportunity!

4912 W Fulton Street, Chicago

$149,900

3 Beds ⋅ 2 Baths ⋅ 12769236 MLS ⋅ ACTIVE Status

Great investment opportunity, CASH ONLY, four levels of living space, main level with a nice-sized kitchen, separate dining, Dinning room. Second level with three bedrooms and two bathrooms. Property needs a lot of work, especially the upper level and basement. " AS IS SALE"

5460 W Fulton Street, Chicago

$349,999

3 Beds ⋅ 2 Baths ⋅ 12759047 MLS ⋅ ACTIVE Status

Fully Updated 3BR/2BA Single Family in Austin - Move-In Ready! | $349,900 Welcome home to 645 North Leamington, a beautifully renovated 3-bedroom, 2-bathroom single family gem in the heart of Austin. This home has been thoughtfully updated top to bottom, blending modern finishes with everyday comfort. Step inside to brand new flooring throughout and an open staircase that adds a light, airy feel to the main living area. The all-new kitchen is a showstopper, featuring crisp white 42" shaker cabinets, sleek quartz countertops, and a fresh, modern layout perfect for cooking and entertaining. Both bathrooms have been completely gutted and rebuilt with gorgeous new tile work - no detail overlooked. The full unfinished basement offers a convenient laundry area plus a full bathroom complete with a walk-in shower, high-end tile, and a built-in seat - a spa-like touch you don't often find below grade. This level offers extra flexibility for storage, a future rec room, or additional living space. Outside, enjoy a huge fenced backyard, an enclosed porch for relaxing year-round, and a future parking pad currently being added out back. Central air will be installed prior to closing, and the home already boasts brand new siding and a new roof (2023) for peace of mind. With approximately 1,200 sq ft per floor (2,400 sq ft above grade, plus the finished-feel basement bath and laundry) and sitting on a 25' x 125' lot, this home offers real space both inside and out. Ideally located near public transportation, it's a fantastic fit for homeowners looking for a turnkey property or investors seeking a well-maintained addition to their portfolio. Don't miss this one. Schedule your showing today!

645 N Leamington Avenue, Chicago

$310,000

2 Beds ⋅ 2 Baths ⋅ 12765126 MLS ⋅ ACTIVE Status

VALUE-ADD OPPORTUNITY IN AUSTIN! Welcome to 4835 W Haddon Avenue, a 2-bedroom, 2-bath single-family home offering approximately 1,128 square feet of above-grade living space PLUS a finished basement and detached 2-car garage. Offered at $310,000, this property is ready for a new owner with vision! The home needs some TLC, creating an opportunity to update, personalize, and potentially force appreciation through strategic improvements. The finished basement provides valuable additional living and entertaining space and adds versatility to the home's existing footprint. Ideal for an owner-occupant looking to customize a home to their taste or an investor searching for their next value-add project. Conveniently located in Chicago's Austin community with access to public transportation, shopping, neighborhood amenities, and major thoroughfares. Bring your ideas and unlock the potential of this Chicago home. Schedule your private showing today!

4835 W Haddon Avenue, Chicago

$229,000

4 Beds ⋅ 2 Baths ⋅ 12758519 MLS ⋅ PRICE CHANGE Status

ATTENTION HANDYMEN, REHABBERS & INVESTORS! Here's your chance to transform this solid vintage 2-story into something special. This property needs renovation, but offers terrific value and endless potential for the right buyer looking for a value-add project. The property features two full levels of living space (previously used as related living) plus a full basement, providing plenty of room to reimagine. The first-floor features two spacious bedrooms, a full bath, a bright living room, and an enclosed porch suitable for an office or additional living space. The second-floor offers two more bedrooms and a full bathroom. Additional features include a private, fenced backyard, ideal for summer gatherings and outdoor enjoyment, plus the added value and convenience of a 2-car garage. Situated on a quiet residential street in up-and-coming Austin neighborhood within walking distance to public transportation and minutes from expressway. Several new developments and renovation projects in the surrounding area add to the neighborhood's ongoing revitalization and appeal. See it, envision the possibilities, and make it yours before another investor beats you to this outstanding rehab opportunity! Selling as-is. Cash and renovation loans only. Hard money financing is welcome; however buyers using a hard money lender must have an established track record of successfully completing previous transactions with that lender.

4934 W Iowa Street, Chicago

1229 N Austin Boulevard Unit #1, Chicago

$130,000

3 Beds ⋅ 2 Baths ⋅ 12764494 MLS ⋅ ACTIVE Status

Welcome to 1229 N Austin Blvd, Unit 1, Chicago! This three bedroom, two bathroom condo offers exceptional value in a high demand location directly across from Oak Park. Ideal for owner occupants seeking an affordable entry point or investors pursuing rental income opportunities. The unit features ceramic tile flooring, central air conditioning, and comes equipped with appliances. In-unit washer and dryer and dedicated parking space in back add convenience and rental appeal, including short term rentals. The property requires cosmetic updates including interior painting and fixture refresh. These updates are straightforward and non-structural, presenting an immediate opportunity to add equity or reposition the unit for rental income. With minimal investment in finishes, this property moves quickly to market-ready status. Location highlights include proximity to Oak Park's amenities, walkable neighborhood corridors, and strong transit access. The area is experiencing consistent appreciation and maintains steady rental demand. This property works for two buyer profiles. Owner-occupants looking for manageable pricing and square footage, and investors ready to execute a light-touch renovation and capture the rental potential this location commands. Don't miss your opportunity! Schedule your viewing today before it's too late!

1229 N Austin Boulevard Unit #1, Chicago

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