Elk Grove Village Homes under $500,000

Welcome to Elk Grove Village, a vibrant community nestled in the heart of Cook County, Illinois. Known for its friendly atmosphere and family-oriented lifestyle, Elk Grove Village offers a unique blend of suburban charm and urban convenience. With its lush parks, excellent schools, and a variety of recreational activities, it’s no wonder that families and professionals alike are drawn to this picturesque town.

Elk Grove Village boasts a diverse range of homes, and for those seeking affordability without compromising on quality, there are plenty of options available under $500,000. From charming single-family homes to modern townhouses, this area offers a variety of styles and sizes that cater to different tastes and needs. Many of these properties feature spacious yards, updated interiors, and access to local amenities, making them perfect for first-time homebuyers or those looking to downsize.

The community is also home to numerous parks, walking trails, and recreational facilities, ensuring that residents have ample opportunities to enjoy the outdoors. The Elk Grove Village Park District provides a plethora of activities for all ages, from sports leagues to summer camps, fostering a strong sense of community.

Conveniently located just a short drive from Chicago, Elk Grove Village allows residents to enjoy the tranquility of suburban living while still having access to the bustling city life. With a thriving economy, excellent dining options, and a welcoming atmosphere, it’s easy to see why Elk Grove Village is a fantastic place to call home. Explore your dream home in this delightful community today!

Newest Elk Grove Village Homes under $500,000

$289,999

3 Beds ⋅ 2 Baths ⋅ 12770926 MLS ⋅ NEW Status

Welcome to this 3-bedroom, 1.5-bath home that has been lovingly cared for over the years. The home offers a functional layout along with several recent updates, including windows replaced approximately 1.5 years ago and a new garage door about 2 years ago. The kitchen features granite countertops, newer appliances, including a 2025 microwave and 2026 stove and refrigerator. The water heater is approximately 7 years old. Being sold as-is, this home is ready for its next owner to make it their own!

841 Pahl Road, Elk Grove Village

$425,000

3 Beds ⋅ 2 Baths ⋅ 12769649 MLS ⋅ NEW Status

Very well maintained home, near 53 and 90 tollways and Woodfield area. Also in top school district of Elk Grove. This 3 bed 1.5 bath split level, boasts very beautiful hardwood floors through out the entire home. Vaulted Ceiling in the living room that connects to the dining room. Updated galley kitchen with eat-in area. New appliances within the last 2 years, refrigerator 2026. Master Bedroom has entrance to the bathroom and a walk-in closet. The unfinished basement can be updated for additional living space or storage.

951 Wilma Lane, Elk Grove Village

1632 Vermont Drive Unit #4-2, Elk Grove Village

$339,900

2 Beds ⋅ 2 Baths ⋅ 12772292 MLS ⋅ NEW Status

Easy living and a convenient location come together in this spacious Elk Grove Village condo. The home offers 2 bedrooms along with comfortable living and dining areas that provide plenty of flexibility for relaxing, entertaining, or working from home. Recent improvements include updated flooring, kitchen and bathroom countertops, and fresh interior painting, giving the home a refreshed feel. The kitchen is positioned for easy everyday use, while generous room sizes and natural light help create an open, inviting atmosphere throughout. Conveniently located near shopping, dining, parks, schools, and major roadways, making it easy to enjoy everything Elk Grove Village and the surrounding suburbs have to offer.

1632 Vermont Drive Unit #4-2, Elk Grove Village

1069 Talbots Lane Unit #1069, Elk Grove Village

$325,000

2 Beds ⋅ 2 Baths ⋅ 12774145 MLS ⋅ NEW Status ⋅ Talbots Mill BLDG.

WOW! Completely refreshed and move-in ready! Featuring brand-new flooring, a beautifully updated kitchen, and new quartz countertops, this stunning 2-bedroom, 1.5-bathroom, two-story townhouse is tucked away on a quiet cul-de-sac in the highly sought-after Talbots Mill subdivision. Step inside to a bright, open living space highlighted by a cozy gas fireplace, creating the perfect setting for relaxing or entertaining. Sliding glass doors lead to a private patio, offering a peaceful spot for morning coffee, outdoor dining, or simply enjoying the fresh air. Upstairs, you'll find two spacious bedrooms and dramatic vaulted ceilings that create an open, airy feel and add distinctive architectural character. The completely refreshed kitchen features new quartz countertops, a stylish tile backsplash, contemporary finishes, and stainless-steel appliances-a perfect combination of style and functionality. The major updates have already been taken care of, giving you peace of mind for years to come. Improvements include new luxury vinyl flooring on the first floor, new carpet upstairs, and new quartz countertops in updated kitchen and updated powder room in 2026, plus a newer furnace and central A/C installed in 2020. The association replaced the roof and vinyl siding in 2018, helping minimize future maintenance and major capital expenses. The low monthly HOA fee provides exceptional value and includes cable TV, high-speed internet, exterior maintenance, lawn care, and snow removal. Additional features include a 1-car attached garage with automatic opener, convenient in-unit laundry with washer and dryer, and a private patio for your personal outdoor enjoyment. Enjoy all that Elk Grove Village has to offer, with convenient access to more than 470 acres of parks and recreational amenities. Nearby attractions include the Jack A. Claes Pavilion Community & Fitness Center, Pavilion Aquatics Center, Rainbow Falls Waterpark, Fox Run Golf Course and Driving Range, as well as the extensive hiking and biking trails of Busse Woods Forest Preserve. A walking path is conveniently located just behind the home. Families will appreciate access to Admiral Richard E. Byrd Elementary, Grove Junior High, and Elk Grove High School, while shopping, dining, and entertainment are just minutes away at Woodfield Mall. Turnkey, updated, low-maintenance, and ideally located-this is the easy-to-love townhouse you've been waiting for. Schedule your showing today!

1069 Talbots Lane Unit #1069, Elk Grove Village

1156 Westminster Lane Unit #1156, Elk Grove Village

$329,900

2 Beds ⋅ 2 Baths ⋅ 12769484 MLS ⋅ NEW Status ⋅ Huntington Chase BLDG.

Rare Ranch-Style Condo with private view and Investment Potential! This beautifully maintained 2-bedroom, 2-bathroom home offers an open and inviting layout, abundant natural light, and the convenience of single-level living. The spacious eat-in kitchen opens to the living room, featuring dramatic vaulted two-story ceilings and floor-to-ceiling windows that fill the space with natural light and provide beautiful views toward the private patio. Both bedrooms are generously sized, with plenty of closet space. This condo has been very well maintained and updated. Since purchasing the home in May 2022, the current owner has installed hardwood flooring throughout, freshly painted the entire condo and garage, updated the lighting and blinds, replaced the range and microwave, and installed a new kitchen sink. The patio was replaced in May 2024, and a home security system was installed in May 2022. The roof is believed to have been replaced around 2022, but please confirm this information with the HOA. An attached one-car garage adds everyday convenience and valuable storage space. Enjoy the peaceful community with its beautiful views, scenic surroundings, and pleasant walking paths, while being just minutes from Woodfield Mall, major highways, shopping, restaurants, entertainment, and everyday conveniences. The location truly offers the best of both comfort and accessibility. To all investors, this is an excellent opportunity for you! The unit can be rented, making it an attractive option for an investor looking for a property that is move-in ready or ready to rent immediately. A rare combination of ranch-style living, excellent condition, beautiful surroundings, attached garage, prime location, and rental flexibility. Don't miss this opportunity!

1156 Westminster Lane Unit #1156, Elk Grove Village

212 Wellington Avenue, Elk Grove Village

$475,000

3 Beds ⋅ 2 Baths ⋅ 12763199 MLS ⋅ NEW Status

Welcome to this beautifully maintained home offering a wonderful floor plan and an ideal location. The remodeled kitchen features 42" cherry cabinetry, a center island that opens to the eating area and family room, Corian countertops, recessed lighting, a ceiling fan, and stainless steel appliances. Hardwood flooring throughout the entryway, hallway, kitchen, eating area, and family room. All bedrooms feature ceiling fans for added comfort. Roof (2010), Vinyl Siding (2017), Gutters (2024), Furnace (2025), and Central Air (2025). Enjoy the convenience of a tankless water heater, providing an endless supply of hot water. Enjoy a fantastic location within walking distance of the grade school, parks, playgrounds, Pavilion Fitness Center, library, movies, shopping, restaurants, and Busse Woods. Easy access to major expressways. A wonderful opportunity to own a move-in-ready home with a spacious layout and an unbeatable location!

212 Wellington Avenue, Elk Grove Village

113 Boardwalk Street Unit #E, Elk Grove Village

$225,000

2 Beds ⋅ 1 Baths ⋅ 12764952 MLS ⋅ ACTIVE Status ⋅ Boardwalk BLDG.

Don't miss this lower-level 2-bedroom, 1-bathroom condo in a fantastic Elk Grove Village location! This well-maintained unit features an updated kitchen with plenty of cabinet space and room for a table. The spacious living room and dining room combination offers fresh neutral paint and brand-new flooring throughout. Both bedrooms are generously sized with ample closet space. The complex features a clubhouse and swimming pool. Assessments include heat, gas, and water, along with assigned parking. Great location close to shopping, dining, and area amenities just steps away. Move-in ready and a must-see!

113 Boardwalk Street Unit #E, Elk Grove Village

$405,000

3 Beds ⋅ 2 Baths ⋅ 12770280 MLS ⋅ ACTIVE Status

Get ready to host and enjoy the holidays in this inviting 3-bedroom, 2-bath home! A spacious family room, along with sliding doors in the living room that open to the patio, creates plenty of opportunities for entertaining, relaxing, and enjoying the outdoors. A long driveway leads to a detached 2.5-car garage, offering ample space for a workshop, motorcycle parking, or additional storage. The property also features extra off-street parking, providing convenient space for a boat or small trailer. The large backyard includes a storage shed and dedicated dog run, making the outdoor space both functional and enjoyable. Recent updates include a one year old HVAC system, newer roof and water heater, and a washer and dryer approximately three years old. Bring your decorating ideas and make this home your own! Schedule your showing today. Property is being sold as-is.

543 Germaine Lane, Elk Grove Village

$450,000

3 Beds ⋅ 2 Baths ⋅ 12764604 MLS ⋅ ACTIVE Status

Charming 3-bedroom, 2-bath ranch in Elk Grove Village with a 2.5-car detached garage. An updated eat-in kitchen with granite counters, stainless steel appliances, and a coffee bar. Primary suite features a private bath with double-sink vanity, walk-in shower, heated floors and walk-in closet; third bedroom also has its own walk-in closet. Updated hall bath includes a whirlpool tub. Separate laundry room with built-in cabinetry. Fenced backyard with above-ground pool, wraparound Trex deck, and patio - perfect for summer entertaining. Total tear off roof spring 2022. Water heater 2021. Furnace & AC 2014. Great location close to schools & parks, shopping, forest preserve, expressways and more! Schedule your showing today!

1097 Cypress Lane, Elk Grove Village

840 Wellington Avenue Unit #103, Elk Grove Village

$169,900

1 Beds ⋅ 1 Baths ⋅ 12769817 MLS ⋅ ACTIVE Status ⋅ Village On The Lake BLDG.

Beautiful Village on the Lake. You won't find many first floor units with this amazing view overlooking beautifully maintained landscape, pool and tennis courts. This is a must see! Just steps to lake, walking path, pool and tennis courts. Located secure building with social room, laundry room, bike room and update entry. Close to shopping and highway. Location location location! this one won't last

840 Wellington Avenue Unit #103, Elk Grove Village

520 Biesterfield Road Unit #209, Elk Grove Village

$275,000

2 Beds ⋅ 2 Baths ⋅ 12770009 MLS ⋅ ACTIVE Status

FALL IN LOVE WITH PARK ORLEANS! Beautifully updated and move-in ready, this spacious 2-bedroom, 2-bath second-floor condo offers comfort, style, and convenience. The updated kitchen features custom cabinetry and granite countertops, flowing into a bright, spacious living room with attractive wood-look flooring. French doors from the living room and second bedroom open to a private balcony overlooking beautifully landscaped grounds. The generous primary suite offers a walk-in closet and updated en-suite bath, while the second full bath is also tastefully updated. Enjoy an in-unit washer/dryer, updated windows, heated indoor garage with private parking, and the added benefit of a rentable community. Best of all, the special assessment has already been paid by the seller! Ideally located near Alexian Brothers Medical Center, Elk Grove Park District, Library, shopping, dining, The Vue, Woodfield Mall, Metra, major expressways, and beautiful Busse Woods.

520 Biesterfield Road Unit #209, Elk Grove Village

758 Moore Drive Unit #758, Elk Grove Village

$275,000

3 Beds ⋅ 2 Baths ⋅ 12769523 MLS ⋅ ACTIVE Status

Gorgeous 2nd story RANCH Unit in the ever popular Elk Grove Estates!! EXCELLENT location near Alexian Brothers Hospital, the Interstate and All the shopping and dining you could hope for at Woodfield!!! Beautifully updated Porcelain Floors in Kitchen, Living room and Dining Room are easy to maintain and a timeless upgrade! Stainless Steel Appliances in the kitchen all stay! 3 nice sized Bedrooms with walk in closets in 2 of them!!! Primary has a private 1/2 Bath! Second egress point from Primary bedroom offers easy access to the pond right behind building!! Bring your folding chairs and enjoy the peace this view has to offer!!! Private entrance through front door and private garage!!! Laundry in unit and washer/dryer are included! Truly a GEM!!

758 Moore Drive Unit #758, Elk Grove Village

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