Skokie Homes under $500,000

Welcome to Skokie, Illinois – a vibrant community nestled in Cook County that perfectly blends suburban charm with urban convenience. Known for its rich cultural diversity, Skokie offers residents a welcoming atmosphere, complete with beautiful parks, top-rated schools, and a plethora of dining and shopping options. Whether you’re a young professional, a growing family, or looking to retire, Skokie has something for everyone!

One of the most appealing aspects of Skokie is its real estate market, particularly for those seeking homes under $500,000. This affordable pricing allows first-time buyers and families to find their dream home without breaking the bank. From cozy bungalows to spacious townhomes, the variety of properties in Skokie ensures that you can find the perfect fit for your lifestyle. Many homes boast charming architectural details, lush backyards, and easy access to local amenities.

Residents enjoy a strong sense of community, with numerous events and festivals throughout the year that bring neighbors together. The Skokie Public Library and the Skokie Northshore Sculpture Park are just a few highlights, offering cultural enrichment and outdoor activities that enhance the quality of life.

With its excellent public transportation options, including the Skokie Swift and nearby CTA lines, commuting to downtown Chicago is a breeze. Embrace the best of both worlds in Skokie, where suburban tranquility meets urban excitement, all while keeping your home budget in check. Explore the possibilities today and discover why Skokie is the perfect place to call home!

Newest Skokie Homes under $500,000

$374,900

3 Beds ⋅ 1 Baths ⋅ 12771267 MLS ⋅ NEW Status

Estate Sale-great opportunity in a convenient location! This three-bedroom, one-bath ranch offers an excellent opportunity for a first-time buyer, investor, or savvy handyman looking to create a home tailored to their own vision. The full unfinished basement includes rough-in plumbing, offering potential for future expansion and additional living space. Sump pump with battery back up. A spacious backyard provides room to enjoy the outdoors, with the possibility of adding a garage, SUBJECT to local approvals. Located directly across from Hamlin Park and conveniently close to public transportation and expressway access, this home offers both location and potential. Bring your ideas, updates, and finishing touches to unlock the possibilities. Property is being sold as-is. Make this home your own!!

3806 Harvard Terrace, Skokie

$490,000

3 Beds ⋅ 2 Baths ⋅ 12776603 MLS ⋅ NEW Status

Don't miss this incredible opportunity to own 5142 Jarlath Avenue-a beautifully renovated, move-in-ready home. Thoughtfully updated within the past four months, this bright and inviting home features t3+1 bedroom, 1.5 bathrooms and the fully finished basement. The main level is filled with natural light and highlighted by a bay window, 15 new windows throughout, fresh interior paint, new lighting fixtures, new recessed lighting, and beautifully refinished and re-stained hardwood floors extending throughout the main level and all three bedrooms. The second bedroom leads to the third bedroom, which features its own private exit with direct access to the patio and fully fenced backyard. This flexible layout offers excellent possibilities for a private sitting room, home office, nursery, or guest suite. The stunning, fully remodeled white kitchen is the heart of the home, featuring brand-new appliances, cabinetry, quartz countertops, fixtures, and tile flooring. Both bathrooms have also been completely renovated with beautiful modern finishes. The fully finished basement provides valuable additional living space and features newly insulated walls, new vinyl floors, new windows, fresh paint, new recessed lighting, and a versatile bonus room with new vinyl floors and fresh painting. The lower level offers a large laundry room with plenty of additional storage space. Enjoy even more living and entertaining space in the sunroom, which opens to the freshly painted patio and expansive, fully fenced backyard. The oversized yard offers endless possibilities for outdoor gatherings, gardening, pets, and play. Additional improvements include a brand-new water heater with a six-year warranty, a roof and furnace replaced in 2020, an attached one-car garage, a brand-new garage door, and a smart garage door opener. Ideally located in a desirable Skokie neighborhood near parks, schools, shopping, dining, public transportation, and major expressways. With convenient access to the Skokie Swift Yellow Line, Old Orchard Shopping Center, and nearby forest preserves, this home offers the perfect combination of comfort, space, and convenience. $5,000 in closing cost. Property is being sold as-is. Schedule your showing before it's gone!

5142 Jarlath Avenue, Skokie

$149,900

1 Beds ⋅ 1 Baths ⋅ 12776190 MLS ⋅ NEW Status

Nicely updated 1 bedroom, 1 bathroom condo located in the heart of Skokie. This freshly updated unit features newly refinished hardwood floors throughout and a bright open layout that maximizes both space and natural light. Large living room and room for a dining table opens to a kitchen with brand new cabinetry, new stainless-steel appliances, and taj mahal quartzite counters. The bedroom offers plenty of room for a king-sized bed and additional furniture, along with ample closet space. The bathroom has been tastefully renovated with modern finishes, giving it a clean, updated look that's both functional and stylish. Ideally situated between the Skokie Swift and Metra stations, this location makes commuting easy and efficient. You're just minutes from downtown Skokie, the shops and restaurants of Old Orchard Mall, the public library, local parks, and other neighborhood conveniences.

8541 Lotus Avenue Unit #916, Skokie

$209,900

2 Beds ⋅ 1 Baths ⋅ 12775273 MLS ⋅ NEW Status

Excellent Skokie investment opportunity! Spacious 2-bedroom, 1-bath unit currently rented with long term tenants. Units 1W and 2W are both available, providing an opportunity to purchase individually or build a two-unit investment portfolio. Desirable Skokie location close to shopping, dining, parks, transportation and major highways, with convenient access to Chicago. Strong rental appeal and established neighborhood make this an attractive opportunity for investors. Both units are currently rented.

4931 Hull Street Unit #2W, Skokie

$209,900

2 Beds ⋅ 1 Baths ⋅ 12775256 MLS ⋅ NEW Status

4931 Hull Street Unit #1W, Skokie

$459,000

3 Beds ⋅ 2 Baths ⋅ 12514708 MLS ⋅ NEW Status

Complete renovation and upgrades in this Charm & cozy RANCH including brand new roof, kitchen, baths, paint, water tank, offering 3-bedrooms, 2-baths home, hardwood floors, full finished basement with 4th extra bedroom including new kitchen and baths. Fully finished basement adding nice living space, including a 4th bedroom with large full bath. Enjoy a spacious backyard deck with plenty of room for outdoor activities and entertainment. A move-in-ready home with space, updates, and a convenient location. Total sq. ft. is estimated. 2-pin numbers with reported taxes reflecting both numbers. $8,365.00. Conveniently located near parks, schools, shopping, Skokie's downtown, places of worship, CTA Yellow Line transportation, major roads, and interstate access, providing easy access to everyday amenities and commuting routes. Brokers can park in back of house via alley or on Cleveland St. or Kenney St.

8140 Crawford Avenue, Skokie

$395,000

3 Beds ⋅ 3 Baths ⋅ 12773897 MLS ⋅ NEW Status

Welcome home to 8501 Linder Avenue, a Skokie townhome with room to spread out inside and out. Great location. Private townhome community. This home features comfort and space with bright living and dining areas. Sliding doors open to a private backyard and patio, a standout feature for townhome living. The home also offers an updated kitchen and bathrooms, generously sized bedrooms, and a finished lower level for additional living space. Updates include a roof (2019), windows (2020), washer and dryer (2023), newly refinished hardwood floors upstairs (2026). One parking space is included. For buyers seeking flexibility, this is one of only five townhomes in the community permitted to be rented.

8501 Linder Court, Skokie

5506 Lincoln Avenue Unit #516, Morton Grove

$279,000

2 Beds ⋅ 2 Baths ⋅ 12774260 MLS ⋅ NEW Status

Spacious 1,200-square-foot top-floor end-unit condo featuring 2 bedrooms, 2 full baths, south and west exposures, a private balcony and open views. The home offers an updated kitchen with stainless steel appliances, vinyl flooring with cork underlayment, generous closet space and abundant natural light. Two parking spaces are included: one deeded indoor garage space (#12) and one exterior space, along with storage. The $556 monthly HOA assessment includes all utilities and cable. Elevator building amenities include common laundry and an outdoor pool. Convenient Morton Grove location.

5506 Lincoln Avenue Unit #516, Morton Grove

$425,000

3 Beds ⋅ 2 Baths ⋅ 12773925 MLS ⋅ NEW Status

Welcome to this move-in ready two-story home nestled on a charming tree-lined street, just a short walk from the lively downtown Skokie area. This beautifully maintained brick residence has been updated and welcomes you with freshly refinished hardwood floors, newly painted soft neutral tones, and expansive windows that flood the space with natural light. The bright, airy main level provides a generous living room that flows effortlessly into the dining area and kitchen. The kitchen features European-style cabinetry, brand new vinyl plank flooring and stainless steel appliances, including a new dishwasher and disposal. Just off the kitchen sits a recently remodeled den or office space with large windows overlooking a spacious backyard complete with a patio-ideal for entertaining, dining, or relaxing. Upstairs, three cozy bedrooms and a ceramic tile bathroom await, while the partially finished basement offers extra recreational space, a laundry area, and a working toilet (with potential to expand into a second bathroom). The home has received significant updates over the past decade, including roof, windows, siding on the addition and garage, heating system, water heater, tuckpointing, gutter leaf guards, oversized downspouts, and garage door opener, plus a brand-new air conditioning unit and roof on the addition. You'll love the spacious, private, and fully fenced yard-a truly enjoyable and visually pleasing outdoor space. This exceptional value property sits minutes away from many dining options, grocery stores, the library, schools, Lorel Park, and convenient public transit-including the yellow line and Edens Expressway-making it easy to reach downtown Chicago or O'Hare. This is truly a charming home, designed to last for generations-a great choice for any homeowner. A true-must see!

8217 Laramie Avenue, Skokie

$200,000

2 Beds ⋅ 2 Baths ⋅ 12773951 MLS ⋅ NEW Status

wonderful 2-bedroom 1.5 bath in a great location near transportation Welcome to this beautifully updated 2-bedroom, 1.5-bath first-floor condo in a fantastic location! This south-facing unit features refinished hardwood floors, an open living/dining layout, updated bathrooms, a private entrance, and a refreshed kitchen with new stainless steel appliances. Recent improvements include a new electrical panel, all new windows and sliding door, updated flooring, new light fixtures, fresh paint, and more. Heat is included in the assessment, plus one parking space in the rear. Conveniently located within walking distance of the Yellow Line and just minutes from Old Orchard Mall, restaurants, shopping, and more. Move-in ready and a must-see! AS-IS. Investor Friendly.

8500 Skokie Boulevard Unit #1D, Skokie

$450,000

3 Beds ⋅ 2 Baths ⋅ 12760843 MLS ⋅ NEW Status

A rare find...1940's Mid-Century Georgian brick house on an expansive, oversized 60 x 125 ft. Owner transformed front yard to a Skokie award winning Pollinator Pantry, displaying native plants and flowers blooming seasonally. Visiting currently are Monarch Butterflies! It is a nature lover's delight! First floor family room is drenched in natural light that could easily function as a first floor bedroom or home office. Has built-in shelves and nice sized closet. 1/2 bath is conveniently on the first floor. There are many recent improvements to the home, including: roof, gutters and downspouts, windows, siding on family room, gas furnace, central air, hot water heater. Whole house is freshly painted. Floors refinished on main floor. Backyard is currently used for gathering and gardening. Plenty of land for future expansion. Great schools, easy, access to I-94 expressway, and Rapid transit Yellow Line, buses and shopping nearby. Don't let this unique property slip away!

5321 Carol Street, Skokie

$439,000

3 Beds ⋅ 2 Baths ⋅ 12772485 MLS ⋅ PRICE CHANGE Status

Solid brick ranch on a quiet, tree-lined block. The main level features three bedrooms and 1.5 baths, a generous living and dining area with hardwood floors, crown molding and decorative trim, a white kitchen with stainless refrigerator and gas range, and a rear family room with terrazzo flooring and a wide bay window overlooking the yard. The full bath has been updated with a glass-enclosed shower. Partially finished basement and central air. Outside, the deep fenced yard offers a patio and concrete parking pad with alley access. Estate sale; property is being conveyed as-is and seller will not make repairs. An excellent opportunity to update and make it your own.

8634 Drake Avenue, Skokie

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