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Slag Valley Homes for Sale

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  • /17

    $225,000

    • 7 Beds
    • 3 Baths

    9720 S Exchange Ave, Chicago, IL 60617

    Don't miss this updated 2 unit property featuring 3 bed and 4 bed units. This property has plenty of natural light and a finished attic adds flexible space ideal for a home office or recreation. Recent updates include a new water heater (2023), furnace (2022), and fresh interior and exterior improvements completed in June 2024. The fenced yard offers privacy and potential for personalization.

    Michael Saladino Keller Williams ONEChicago

    9720 S Exchange Ave, Chicago, IL 60617
  • /19

    $85,000

    • 2 Beds
    • 2 Baths
    • 1,782 Sq Ft

    9620 S Exchange Ave, Chicago, IL 60617

    Investor Opportunity! Calling all investors and savvy buyers-this 3-bedroom, 2-bath, 1,782 sq ft home with a full basement is a handyman special just waiting for your vision. With solid bones and great potential, this property is a mostly cosmetic rehab and could shine with some fresh paint, new flooring, and updated kitchen and baths. Strictly sold as-is, it's the perfect project for anyone

    Jamie Lemmons-Svoboda Keller Williams Preferred Rlty

    9620 S Exchange Ave, Chicago, IL 60617
  • /32

    $215,999

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    3052 E 97th St, Chicago, IL 60617

    Welcome HOME, to this well-kept 3bd/1bth home located on a beautiful tree-lined/dead-end street. With updated kitchen and recently renovated bathroom, this home is sure to please and move-in ready. Beautiful hardwood floors throughout, stainless steel appliances, washer/dryer and deep freezer all to accommodate your everyday needs. Unfinished basement is totally open and ready for you to design

    Leslie Broughton OwnYourOwn Realty

    3052 E 97th St, Chicago, IL 60617

Why Live in Slag Valley

Slag Valley in Chicago is a neighborhood with deep industrial roots, offering a unique blend of historical charm and modern living. Known for its views of the U.S. Interstate 90 Skybridge and the Calumet River, the area has transformed significantly since its days as an industrial hub. The neighborhood features a variety of home styles, including single-story bungalows and two-story Prairie-style homes, many with covered porches and detached garages. Streets are tree-lined and follow a typical Chicago grid, with industrial elements like warehouses and railroad tracks in the southern part. Slag Valley residents enjoy proximity to green spaces such as Veterans’ Memorial Park and Calumet Beach, as well as the expansive Calumet Park. The community is well-connected, with access to I-90 and the South Chicago Metra Station, making downtown Chicago just a 14-mile trip away. Shopping is convenient along U.S. Route 20 and at Stony Island Plaza, while dining options include L & G Family Restaurant and La Cabanita. Despite its industrial past, the neighborhood has seen improvements in air quality since the 2015 ban on open-air petcoke, though the EPA advises caution regarding airborne toxicity. Schools in the area have received moderate ratings, with options for both public and private education.

Frequently Asked Questions

Is Slag Valley a good place to live?
Slag Valley is a good place to live. Slag Valley is considered car-dependent and somewhat bikeable with good transit options. Slag Valley has 7 parks for recreational activities. It is fairly sparse in population with 4.1 people per acre and a median age of 36. The average household income is $59,155 which is below the national average. College graduates make up 20.2% of residents. A majority of residents in Slag Valley are home owners, with 39% of residents renting and 61% of residents owning their home. A local real estate agent serving Slag Valley can help you decide if this neighborhood is the right one for you. Learn more on our Slag Valley neighborhood guide.
Is Slag Valley, IL a safe neighborhood?
Slag Valley, IL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Slag Valley?
The median home price in Slag Valley is $415,000. If you put a 20% down payment of $83,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Slag Valley. The average household income in Slag Valley is $59K.
What are the best public schools in Slag Valley?
The best public schools that serve Slag Valley are:
What are the best private schools in Slag Valley?
The best private schools that serve Slag Valley are:
What are the most popular zip codes in Slag Valley, Chicago, IL?
The most popular zip codes in Slag Valley, Chicago, IL include 60617, 60633, 60619, 60628 and 46394.
What are the most popular neighborhoods near Slag Valley, Chicago, IL?
The most popular neighborhoods near Slag Valley, Chicago, IL are Trumbull Park, Jeffrey Manor, East Side, Calumet Heights and South Chicago.

Home Trends in Slag Valley, IL

Housing Trends

Median Sale Price
$552,000
Median Single Family Sale Price
$6,750,000
Median Townhouse Sale Price
$205,000
Median 1 Bedroom Sale Price
$205,000
Average Price Per Sq Ft
$312
Number of Homes for Sale
2
Last 12 months Home Sales
3
Months of Supply
8.00
Median List Price
$415,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
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