It’s no accident that new home construction in Chicago is on the upswing. In 2022, 1,028 new homes were sold in Chicago. That number increased by 6% to 1,093 new homes the following year, in 2023. With prices rising about 2.5 percent over the last year, new construction homes sold for a median price of $819K in 2023. The median time on the market was 13 days. New construction residences tend to be part of a homeowners association (HOA), with almost 75% of newly sold new construction homes belonging to an HOA. About 22% of new homes were single family residences, with the remainder being townhomes or condos.
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New Construction Homes for Sale in Chicago, IL
220 homes
New
4545 N Claremont Ave, Chicago, IL 60625
New construction in Lincoln Square by an experienced builder North Shore Housing Inc. Contemporary style finishes, loaded with details: wainscoting, crown molding, tray ceilings. The layout of the ma...
New
3839 N Leavitt St, Chicago, IL 60618
NEW CONSTRUCTION IN BELL SCHOOL ON AN EXTRA WIDE LOT JUST COMPLETED! An exceptional wide lot, ideally positioned within a short 5-minute walk from the prestigious Alexander Graham Bell School. The la...
New
1950 W Dickens Ave Unit PH, Chicago, IL 60614
NEW CONSTRUCTION condo spanning two city lots in an exclusive 5-unit ELEVATOR building on a quiet BUCKTOWN street. This thoughtfully-designed residence from BAK HOME Development offers a seamless ble...
New
234 W Polk St Unit 2409, Chicago, IL 60607
Experience sophisticated urban living like never before at The Reed, a brand-new luxury riverfront development in Chicago's Southbank neighborhood. Designed for exceptional lifestyles - this sustaina...
New
4210 W 5th Ave, Chicago, IL 60624
Welcome to this luxurious new development on Fifth Ave, a stunning collection of three-story new construction homes in the vibrant and evolving Garfield Park neighborhood, with exciting plans for add...
New
234 W Polk St Unit 2604, Chicago, IL 60607
Experience sophisticated urban living like never before at The Reed, a brand-new luxury riverfront development in Chicago's Southbank neighborhood. Designed for exceptional lifestyles - this sustaina...
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