Affordable Homeownership Opportunities

The Department of Housing (DOH) creates homeownership opportunities through various programs that help moderate-income residents purchase a home in Chicago at an affordable price. The price the buyer pays for the home is below the market value of the property.

These homes are made available for purchase when new units are built or when existing homeowners decide to sell their properties.

To be eligible, buyers must occupy the home as their primary residence, and the household’s gross annual income may not exceed the maximum income limits for each available property. For income limit information, view the Area Median Income (AMI) Chart.

Homebuyers must also receive HUD-approved pre-purchase counseling and provide a certificate of completion prior to closing. If purchasing a condominium, buyers are required to attend condo training and secure a separate certificate of training.

The long-term affordability of these units is preserved by limiting any subsequent sales of the homes to income-eligible buyers at an affordable price.

For more information on an individual property, call the number associated with each listing, which can be found at the links below.

If you are pre-approved for a mortgage and ready to purchase a property, download, complete the application materials and email the documents to irma.motales@cityofchicago.org.

 

Available Units

 

ARO Resale
1333 N. Halsted St., Unit 3N
MLS Listing

Property Type

Unit Size

AMI

Purchase Price

Condo

2 Bed
1 Bath

120%

$283,500


 

ARO Resale
2235 W. Maypole Ave., Unit 103
Realtor.com listing

Property Type

Unit Size

AMI

Purchase Price

Condo

1 Bed
1 Bath

100%

$179,000

 

ARO Resale

3450 S. Halsted St., Unit 307
MLS Listing

Property Type

Unit Size

AMI

Purchase Price

Condo

1 Bed
1 Bath

100%

$215,000



ARO Eesale
1215 W Gunnison St., Unit 206
MLS Listing

Property Type

Unit Size

AMI

Purchase Price

Condo

1 Bed
1 Bath

100%

$190,000

 

 

 

 

Application Materials

Service Facts

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