Chicago is home to great improv theater (Second City, I’m looking at you), jazz, pizza deep enough to bathe in and great sports teams like the ever-lovin’ Cubs! It also has some lovely homes for sale — including President Barack Obama’s home.
So, what can you buy in Chicago for $1,000 to $4,000? Let’s take a look.
(Note: These monthly mortgage payment figures are based on a 30-year fixed loan, using the current Illinois mortgage rate, with a 20% down payment. Estimated taxes and insurance are not included).
Monthly mortgage of $1,000-$2,000/month:
This lovely home was custom-built in the Bronzeville neighborhood and includes a Jacuzzi tub and granite counter-tops.
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If you are a fan of hardwood floors, this house in the West Lawn neighborhood will pique your interest. Plus, it’s on a lot that is larger than the standard city lot.
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Monthly mortgage of $2,000-$3,000/month:
Need lots of room? Love the retro look? This boxy, 6-bedroom, 5-bath home could be right up your alley in the Jefferson Park neighborhood.
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This quaint, robin’s-egg blue home is as lovely on the inside as it is on the outside and can be found in the Andersonville neighborhood.
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Monthly mortgage of $2,000-$3,000/month:
This pristine home, located in the Irving Park neighborhood, was built in 2005 and looks like it hasn’t seen a speck of dirt since.
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This recently remodeled home in the Wicker Park neighborhood has a great kitchen and a wonderful backyard with large deck.
> See more Wicker Park real estate
> See Wicker Park home values