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
248 homes
21 N May St Unit 803, Chicago, IL 60607
EMBRY, THE FASTEST-SELLING LUXURY DEVELOPMENT IN CHICAGO, IS OVER 80% PRE-SOLD WITH CONSTRUCTION COMPLETE AND CLOSINGS UNDERWAY! Located in the absolute heart of the West Loop by Sulo Development, E...
234 W Polk St Unit 4008, 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...
21 N May St Unit 703, Chicago, IL 60607
EMBRY, THE FASTEST-SELLING LUXURY DEVELOPMENT IN CHICAGO, IS OVER 85% SOLD WITH CONSTRUCTION COMPLETE AND CLOSINGS UNDERWAY! Located in the absolute heart of the West Loop by Sulo Development, Embry...
21 N May St Unit 903, Chicago, IL 60607
EMBRY, THE FASTEST-SELLING LUXURY DEVELOPMENT IN CHICAGO, IS OVER 85% SOLD WITH CONSTRUCTION COMPLETE AND CLOSINGS UNDERWAY! Located in the absolute heart of the West Loop by Sulo Development, Embry...
2514 S Stark St, Chicago, IL 60608
NEW CONSTRUCTION AAA RESIDENCES SINGLE HOUSE LOCATED IN HOT BRIDGEPORT! It offers buyers top-notch luxury living and convenience. The fantastic home has a bright and open design style, 5 bedrooms, an...
2526 S Stark St, Chicago, IL 60608
NEW CONSTRUCTION AAA RESIDENCES SINGLE HOUSE LOCATED IN HOT BRIDGEPORT! It offers buyers top-notch luxury living and convenience. The fantastic home has a bright and open design style, 5 bedrooms, an...
6218 S Woodlawn Ave Unit D, Chicago, IL 60637
Introducing INSPIRE Woodlawn, an exciting real estate development offering 14 brand-new, fully gated townhomes. These spacious residences have been meticulously designed by Studio Dwell architects to...
6218 S Woodlawn Ave Unit H, Chicago, IL 60637
Introducing INSPIRE Woodlawn, an exciting real estate development offering 14 brand-new, fully gated townhomes. These spacious residences have been meticulously designed by Studio Dwell architects to...
2807 S Halsted St Unit 204, Chicago, IL 60608
The newest boutique development close to Palmisano(Henry) Park. Luxury vinyl flooring throughout the unit with 3 beds 2 baths. Spacious windows that showcase some of the most park views available. To...
1867 N Burling St, Chicago, IL 60614
AAA+++ location on a 50x131 lot !!! The Savane Design + Build team presents the opportunity to create an exceptional custom new construction home on THE most desirable block in Chicago on a ultra ra...
Price drop
4840 S Calumet Ave, Chicago, IL 60615
Stunning and New Construction Single Family Home by Wemi Properties. The same developers that brought you Tres Lotes at 4816-18-20 S Calumet are offering a unique opportunity to have your new hom...
New
4559 S Michigan Ave Unit 3S, Chicago, IL 60653
|HOT PROPERTY| SOLDB4PRINT. Model 11am-12p. As the world recalibrates, marked by inflation and rising costs of goods and labor, developments offering large, upgraded luxury are in lower supply. Secur...
New
1533 W Fry St Unit 3W, Chicago, IL 60642
Credit Offered for Rate Buydown! Discover this exceptional new construction extra-wide duplex-up condominium nestled in the heart of Noble Square. Boasting the spaciousness of a single-family home, i...
New
2487 N Milwaukee Ave Unit 2B, Chicago, IL 60647
Welcome to Halcyon Development's latest project in exciting Logan Square location! This 3-bedroom, 2-bath unit is built for today's buyer looking for finer standards and ultimate city living. Be impr...
New
10649 S Sawyer Ave, Chicago, IL 60655
Proposed new construction by experienced, local and talented builder! This beautiful home will feature 4-5 bedrooms, with a large master containing an en-suite bathroom and walk in closet. The main...
New
2254 W North Ave Unit 3W, Chicago, IL 60647
!!!CLOSING COST CREDIT TO PURCHASER FROM SELLER OFFERED FOR ACCEPTED CONTRACT BY 10-24-24!!! ONLY 2 of 6 Homes Remain - come select yours! Warrantable financing available. Your search is over! Luxury...
New
2254 W North Ave Unit 4W, Chicago, IL 60647
CLOSING COST CREDIT TO PURCHASER FROM SELLER OFFERED FOR ACCEPTED CONTRACT BY 10-24-24!! LAST REMAINING PENTHOUSE1!!4 OF OUR 6 HOMES HAVE SOLD. Luxury new construction boutique building with ELEVATOR...
Price drop
1533 W Fry St Unit 2E, Chicago, IL 60642
Credit Offered for Rate Buydown! Discover this exceptional new construction extra-wide simplex condominium nestled in the heart of Noble Square. Currently under construction, this residence offers bu...
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