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Slag Valley Homes for Sale

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  • /17

    $175,000

    • 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
  • /16

    $153,000

    $7K PRICE DROP
    • 5 Beds
    • 2 Baths

    2913 E 97th St, Chicago, IL 60617

    Welcome to your classic 1890's single family home in a great neighborhood of the Southeast Side of Chicago. A 3-level A-frame with a large rear concrete patio for entertaining and a detached brick 2-car garage. There are 3 bedrooms/1 bath on the main level, and 2 additional rooms on the lower level that could be used as bedrooms. Also a living room, another full bath, and a kitchen on the lower

    Oscar Estrada eXp Realty

    2913 E 97th St, Chicago, IL 60617
  • /36

    $84,900

    • 2 Beds
    • 1 Bath
    • 626 Sq Ft

    10003 S Exchange Ave, Chicago, IL 60617

    Affordable Chicago fixer-upper with hardwood floors, finishable basement, fenced yard, and detached 2-car garage. This 2-bed, 1-bath cottage is being sold as-is and is a great opportunity for a contractor, investor, or handy owner-occupant looking to renovate and build equity over time. Located on Chicago's Southeast Side, within reach of the former U.S. Steel South Works site, where the Illinois

    Misael Chacon Beycome brokerage realty LLC

    10003 S Exchange Ave, Chicago, IL 60617
  • /41

    $499,900

    • 7 Beds
    • 5 Baths

    9655 S Commercial Ave, Chicago, IL 60617

    Exceptional investment opportunity! Legal 4-unit building with an additional non-conforming owner suite unit, offering 5 total income streams. Ideal for investors or owner-occupants seeking strong cash flow with value-add potential. This property has so much potential for overall income and cap rate. Property features a full unfinished basement, brick 4-car garage, and a concrete car pad secured

    Daniel Sanchez Bloom/Sanchez Realty, Inc.

    9655 S Commercial 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, which can take commuters to downtown Chicago, 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. Schools in the area have received moderate ratings, with options for both public and private education. Despite its industrial past, the neighborhood has seen improvements in air quality since the 2015 ban on certain open-air pollutants, though the EPA advises caution regarding airborne toxicity.

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 bikeable with some 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 6 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 $224,000. If you put a 20% down payment of $44,800 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $1,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Slag Valley. Learn how much home you can afford with our Home Affordability Calculator. 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, 60619, 60628, 60649 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
$220,000
Median Single Family Sale Price
$192,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
2
Last 12 months Home Sales
9
Months of Supply
2.70
Median List Price
$224,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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