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Slag Valley Homes for Sale

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  • /28

    $207,000 Open Sat 1:30PM - 3:30PM

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

    3052 E 97th St, Chicago, IL 60617

    You will love this Beautifully Maintained 3 Bedroom 1 Bath Raised Ranch. As you enter there is an open concept with gleaming Hardwood floors throught, you will notice that the layout is very welcoming! All Bedrooms are very spacious with ample closet space. The Bathroom was updated earlier this year! The kitchen boasts cherry wood soft close cabinets and drawers along with Stainless Steel

    Jameelah Smith @properties Christie's International Real Estate

    3052 E 97th St, Chicago, IL 60617
  • /2

    $149,000

    • 6 Beds
    • 3 Baths

    9903 S Exchange Ave, Chicago, IL 60617

    Versatile Two-Unit Residence with Expansion Potential - 9903 S. Exchange Ave. Welcome to a rare opportunity to own a spacious, well-located two-unit property offering flexibility for both comfortable living and long-term value. Whether you're seeking a multi-generational home or looking to leasing one unit, this residence delivers space, structure, and promise. Each unit offers generous

    Eva Diaz ExaRealty LLC

    9903 S Exchange Ave, 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.
How much do you need to make to afford a house in Slag Valley?
The median home price in Slag Valley is $242,500. If you put a 20% down payment of $48,500 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K 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, East Side, Jeffrey Manor, Calumet Heights and South Chicago.

Home Trends in Slag Valley, IL

Housing Trends

Median Sale Price
$225,000
Median Single Family Sale Price
$224,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
1
Last 12 months Home Sales
15
Months of Supply
0.80
Median List Price
$242,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
18%
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