3,901

Chicago, IL Homes for Sale under $500,000

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  • /31

    $389,900

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 2,280 Sq Ft

    5301 S Menard Ave, Chicago, IL 60638

    THIS IS IT! A truly one-of-a-kind raised ranch in the heart of highly desirable Garfield Ridge-where style, comfort, and convenience come together effortlessly. This all-brick 3-bedroom home with a two car garage has been beautifully updated and is completely move-in ready for the next owner who appreciates the finer details. Step inside to a bright, elevated living space featuring refinished

    Jesmely Gonzalez Realty of America, LLC

    5301 S Menard Ave, Chicago, IL 60638
  • /25

    $389,000

    $10K PRICE DROP Pending
    • 2 Beds
    • 2 Baths
    • 1,034 Sq Ft

    5526 S Albany Ave, Chicago, IL 60629

    $10K Price Reduction! A meticulously renovated 2-bedroom, 2-bathroom home (with potential for a 3rd bedroom) that seamlessly blends classic Chicago charm with contemporary luxury. This turnkey property showcases gleaming hardwood floors, sophisticated dark trim, and a spectacular chef's kitchen featuring white shaker cabinetry, stunning marble-look waterfall countertops, stainless steel

    Sonia Anaya America Real Estate

    5526 S Albany Ave, Chicago, IL 60629
  • /23

    $329,900

    • 2 Beds
    • 2 Baths
    • 1,350 Sq Ft

    5801 N Sheridan Rd Unit 16B, Chicago, IL 60660

    Take a look at this spacious two bedroom, two bath condo in the heart of Edgewater. Beautiful lake and beach views from your tranquil living in dining room, spacious bedrooms with engineered wood floors. Nice kitchen with granite countertops, open living and dining room with lots of natural light, two full bathrooms. Ample storage. Heated on site valet parking is available at $210.00 per month .

    Phyllis Bisceglie @properties Christie's International Real Estate

    5801 N Sheridan Rd Unit 16B, Chicago, IL 60660
  • /26

    $475,000

    Pending
    • 8 Beds
    • 5 Baths

    Unlisted Address

    Renovation at it's finest!! This property has been complete renovated with ALL required permits, inspections!! Beautifully done. Natural colored hardwood floors, bedrooms that will hold queen / king sized beds. Large sun filled primary suite with modern bathroom finishes. Open kitchen with solid wood cabinets, granite counters, LED lighting, in unit laundry and enclosed porch with storage room.

    April Troope TADD Realty

    Unlisted Address
  • /15

    $299,999

    • 2 Beds
    • 1.5 Baths
    • 1,276 Sq Ft

    1150 E 46th St, Chicago, IL 60653

    Charming and stylish 3-story townhouse in the heart of historic Kenwood! Step into this inviting home boasting a bright, open-concept layout with upscale touches throughout-think granite countertops and gleaming hardwood floors. The spacious main level offers a seamless flow between the living, dining, and kitchen areas, complete with a breakfast bar and access to a private, tree-lined deck

    Tiffany Burrell Compass

    1150 E 46th St, Chicago, IL 60653
  • /19

    $222,000

    $28K PRICE DROP Pending
    • 5 Beds
    • 2 Baths
    • 1,320 Sq Ft

    Unlisted Address

    Spacious sun filled home in a very peaceful neighborhood with amazing neighbors. Home has five comfortable upper level bedrooms, two on the main level and three on the 2nd level. New custom kitchen cabinets with quartz countertop and beautiful herringbone tile backsplash. New stainless steel appliances, water heater, furnace, flooring and light fixtures throughout. Kitchen also has a walk in

    Herman Lopez Kale Realty

    Unlisted Address
  • /29

    $450,000

    • 2 Beds
    • 2 Baths

    700 N Larrabee St Unit 1811, Chicago, IL 60654

    Beautiful 2 bed, 2 bath home in a highly desirable River North building in prime Kingsbury Park. This light-filled residence features soaring 10-foot ceilings and oversized windows showcasing stunning skyline views. The open living space offers hardwood floors, a gas fireplace, and access to a private balcony, perfect for relaxing or entertaining. The kitchen is well-appointed with granite

    Tommy Choi Keller Williams ONEChicago

    700 N Larrabee St Unit 1811, Chicago, IL 60654
  • /14

    $289,900

    Pending
    • 4 Beds
    • 2 Baths

    7837 S Winchester Ave, Chicago, IL 60620

    This well-maintained brick 2-flat in Auburn Gresham is exactly what smart buyers are looking for -- a chance to plant roots in an established neighborhood while building real wealth from day one. Live in one unit, rent the other, and let your tenant help cover your mortgage. Built in 1926 and thoughtfully updated of the years, this solid Chicago two-flat offers 2,278 square feet of living space

    Jerome Harper Keller Williams ONEChicago

    7837 S Winchester Ave, Chicago, IL 60620
  • /9

    $335,000

    • 3 Beds
    • 2 Baths
    • 984 Sq Ft

    3595 S Archer Ave Unit 2I, Chicago, IL 60609

    WELCOME TO ARCHER HOMES, a new quality construction at 3595 S Archer Ave in McKinley Park. This mixed-use development offers 27 modern residential condos, 2 live/work units, 2 retail spaces, and 23 deeded parking spots - all in a sleek, elevator-equipped building you'll be proud to call home. PRIME LOCATION, INCREDIBLE CONVENIENCE : Step outside to instant connectivity - the CTA Orange Line

    Daniel Kong Richland Global Inc

    3595 S Archer Ave Unit 2I, Chicago, IL 60609
  • /47

    $419,900

    Pending
    • 7 Beds
    • 3 Baths

    6527 S Marshfield Ave, Chicago, IL 60636

    Stunning Fully Remodeled Legal 2-Unit Brick Building with Finished Basement - A Must-See Investment Opportunity! Welcome to this exceptional, fully remodeled large brick multi-unit property - an incredible opportunity for investors, house hackers, and investment-minded buyers looking to build long-term wealth through real estate! This is the deal savvy investors have been waiting for - a truly

    Ivan Hernandez Realty of America, LLC

    6527 S Marshfield Ave, Chicago, IL 60636
  • /15

    $379,900

    • 2 Beds
    • 1 Bath

    4327 N Damen Ave Unit G, Chicago, IL 60618

    Bright and Sunny 2BD/1BA condo in the heart of North Center. Unit features a spacious open-concept living/dining room ideal for relaxing, entertaining, or working from home. Both bedrooms offer generous closet space, complemented by a bathroom with a dedicated vanity area and abundant linen storage. The large kitchen features ample counter space and quality finishes, plus an adjacent flex area

    Edwin Adorno Hometown Real Estate Group LLC

    4327 N Damen Ave Unit G, Chicago, IL 60618
  • /30

    $249,900

    Pending
    • 5 Beds
    • 3 Baths
    • 1,800 Sq Ft

    8611 S Kingston Ave, Chicago, IL 60617

    Beautifully updated 5-bedroom, 3-bath home in the South Chicago neighborhood. The main level features a spacious living room, remodeled dining room/kitchen with stainless steel appliances, two bedrooms, and a full bathroom. The second level offers 2 bedrooms (one of them the huge master), and a second full bath. The finished basement includes a large family room, utility area, laundry room, a

    Jose Martinez RE/MAX Mi Casa

    8611 S Kingston Ave, Chicago, IL 60617
  • /26

    $265,000

    Pending
    • 3 Beds
    • 3 Baths
    • 1,400 Sq Ft

    7037 S Oglesby Ave, Chicago, IL 60649

    Welcome to this newer construction GORGEOUS SERENE TRI-LEVEL Rowhome in a GATED COMMUNITY, nestled between the lakefront, golf course, boating dock, and South Shore Cultural Center, minutes away from the new Obama Library. Quick access to LSD, Metra, and neighborhood amenities make this townhome unbeatable. This cozy tri-level townhome features 3 bedrooms, 3 FULL baths, balcony and a rooftop deck

    gershon draiman Pearson Realty Group

    7037 S Oglesby Ave, Chicago, IL 60649
  • /19

    $335,000

    $20K PRICE INCREASE
    • 4 Beds
    • 2 Baths

    9108 S Loomis St, Chicago, IL 60620

    Well-maintained brick 2-unit building featuring spacious 6 room units with 2 bedrooms and 1 bathroom, approximately 1,100 sqft. Unit 1 is owner-occupied and Unit 2 is tenant-occupied with an active lease, offering a great opportunity for investors or owner-occupants. Both units have separate utilities. Unfinished basement includes shared laundry and potential for additional living space or

    Martina Krstic MK Home LLC

    9108 S Loomis St, Chicago, IL 60620
  • /13

    $439,900

    Pending
    • 4 Beds
    • 1.5 Baths
    • 1,503 Sq Ft

    5610 N Ottawa Ave, Chicago, IL 60631

    Charming Cape Cod style home located in the desirable Oriole Park neighborhood! This well-maintained property features 3 bedrooms, 1.5 bathrooms, and a 2-car garage. The home offers a functional layout, spacious living areas, and great potential for personalization. Situated on a nicely sized lot in a convenient location near parks, schools, shopping, dining, public transportation, and

    Christopher Lobrillo Grandview Realty, LLC

    5610 N Ottawa Ave, Chicago, IL 60631
  • /16

    $422,000

    Pending
    • 8 Beds
    • 3 Baths

    7118 S Mozart St, Chicago, IL 60629

    Marcos Gonzalez Cloud Gate Realty LLC

    7118 S Mozart St, Chicago, IL 60629
  • /25

    $399,900

    $70K PRICE DROP
    • 3 Beds
    • 2 Baths

    11122 S Saint Louis Ave, Chicago, IL 60655

    Mt Greenwood single family home on extra-large 60x126 lot with income opportunity! 1st and 2nd floors have separate meters and utilities. First floor features two bedrooms, one bath, a nice-sized living room, and a large kitchen with an x-large adjacent family room. This main level offers upgraded hardwood flooring, baseboards, trim and interior doors. The kitchen features oak cabinetry with

    Dawn Lynch @properties Christie's International Real Estate

    11122 S Saint Louis Ave, Chicago, IL 60655
  • /38

    $419,999

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,260 Sq Ft

    3924 N Oconto Ave, Chicago, IL 60634

    Well-maintained English brick home ideally located near Harlem and Irving Plaza, with easy access to great restaurants and public transportation. From the moment you arrive, the home feels warm and inviting. The cozy living room features solid hardwood floors, abundant natural light, and timeless character, creating the perfect space to relax. The kitchen has been beautifully refreshed with

    Mariano Rivera Chicagoland Brokers, Inc.

    3924 N Oconto Ave, Chicago, IL 60634
  • /29

    $374,900

    • 3 Beds
    • 1.5 Baths
    • 1,280 Sq Ft

    6524 N Northwest Hwy Unit A, Chicago, IL 60631

    Location, Location, Location! Welcome to this beautifully updated townhouse in highly sought-after Edison Park! A rare opportunity, as this is the only townhouse currently available in the neighborhood. This move-in-ready home features numerous recent upgrades, including new kitchen appliances, updated bathrooms, modern light fixtures, new windows and doors, fresh paint, soundproofing, and

    Ben Fonte EXIT Strategy Realty

    6524 N Northwest Hwy Unit A, Chicago, IL 60631
  • /19

    $370,000

    $80K PRICE DROP Pending
    • 4 Beds
    • 2 Baths

    3037 N Central Park Ave, Chicago, IL 60618

    Discover a fantastic investment opportunity in the heart of desirable Avondale. This two-flat offers two units, each with 2 bedrooms and 1 bath, making it ideal for a live-in owner or as an investment property. The spacious, open attic and large, open basement provide ample storage or additional living space potential. Located on a 25 x 125 RS-3 zoned lot, the property offers future potential for

    Luis Lopez Realty of America, LLC

    3037 N Central Park Ave, Chicago, IL 60618
  • /19

    $325,000

    • 4 Beds
    • 2 Baths

    6418 S Rhodes Ave, Chicago, IL 60637

    This meticulously maintained two-story, two-flat offers a premier investment or owner-occupant opportunity in the heart of Chicago's Woodlawn community. Fully rehabbed in 2017, the property is in excellent condition, showcasing modern finishes and thoughtful updates throughout both units. Each spacious apartment features a functional layout with two well-appointed bedrooms and one full bathroom,

    Maurice Johnson @properties Christie's International Real Estate

    6418 S Rhodes Ave, Chicago, IL 60637
  • /32

    $335,000

    $10K PRICE DROP
    • 1 Bed
    • 1 Bath

    900 N Kingsbury St Unit 780, Chicago, IL 60610

    Enjoy stunning skyline views from your own private balcony~ Excellent, functional floor plan~ Harwood flooring through out~ Bedroom offers privacy glass and a wardrobe closet for a sleek, modern touch~ The spacious living area flows seamlessly into a well-appointed kitchen complete with an island/breakfast bar, exposed brick office nook, and Bosch stainless steel appliances~ In-unit laundry adds

    Rita Neri RE/MAX Premier

    900 N Kingsbury St Unit 780, Chicago, IL 60610
  • /21

    $389,900

    $10K PRICE DROP Pending
    • 4 Beds
    • 2 Baths

    5335 N Moody Ave, Chicago, IL 60630

    Discover an incredible opportunity in the heart of Jefferson Park with this versatile 4-bedroom, 2-bathroom home, perfectly suited for savvy investors or motivated homeowners looking to build instant equity. The main level boasts classic hardwood floors throughout, featuring three comfortable bedrooms and a full bath, while the expansive upstairs primary suite provides a private retreat with its

    Ivan Santos O'Neil Property Group, LLC

    5335 N Moody Ave, Chicago, IL 60630
  • /17

    $495,000

    Pending
    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    1436 W Huron St Unit 3, Chicago, IL 60642

    TOP FLOOR UNIT IN HEART OF NOBLE SQUARE * 2BR/2BA enjoys an abundance of natural light * Open-layout w/ oak hardwood floors throughout the front room for easy living and entertaining * Wood-burning fireplace, in-unit W/D * Primary bedroom includes an en-suite, walk-in closet, and steps out to a large private deck (also accessible from back hallway) * Individual stall garage parking included *

    Mark Bazzetta RE/MAX Premier

    1436 W Huron St Unit 3, Chicago, IL 60642
  • /21

    $350,000

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft

    1543 W Sherwin Ave Unit GW, Chicago, IL 60626

    Step inside this incredible Rogers Park boutique newer construction 2BD/2BA home with over 10-foot ceilings and two private enclosed patios. This English garden unit is not your typical garden unit, it will completely change the way you think about garden-level living. Upon entry, you're greeted by a spacious open-concept floorplan that is truly an entertainer's dream, with plenty of room for a

    Nikki Kofkin @properties Christie's International Real Estate

    1543 W Sherwin Ave Unit GW, Chicago, IL 60626
  • /22

    $349,900

    Pending
    • 8 Beds
    • 3.5 Baths
    • 1,325 Sq Ft

    6016 S Washtenaw Ave, Chicago, IL 60629

    Welcome to this beautifully maintained Chicago bungalow nestled in the heart of Chicago Lawn! This spacious and inviting home offers 5 generously sized bedrooms and 3.1 bathrooms, perfectly designed for comfortable living and flexibility.The sun-filled, updated kitchen is a true centerpiece, showcasing a large breakfast bar, stainless steel appliances, modern recessed lighting, and abundant

    Jeannette Diaz Berkshire Hathaway HomeServices Starck Real Estate

    6016 S Washtenaw Ave, Chicago, IL 60629
  • /10

    $250,000

    Pending
    • 1 Bed
    • 1 Bath

    3101 N Kenmore Ave Unit 3, Chicago, IL 60657

    This bright and inviting top-floor corner unit is basked in sunlight from its south and west exposures. The unit has been meticulously cared for, and thoughtfully updated featuring refinished hardwood floors throughout, an updated kitchen, fresh paint, new windows, and a refreshed bathroom. Plus, you'll find yourself in the perfect pocket of Lakeview, with easy street parking, access to multiple

    Kevin Hinton Keller Williams ONEChicago

    3101 N Kenmore Ave Unit 3, Chicago, IL 60657
  • /30

    $369,900

    Pending
    • 6 Beds
    • 3 Baths
    • 2,840 Sq Ft

    6607 S Oakley Ave, Chicago, IL 60636

    SPACIOUS, UPDATED BRICK SINGLE FAMILIY HOME. THE PROPERTY FEATURES 6 ROOMS AND 3 FULL BATHROOMS. THE MAIN LEVEL FEATURES 2 BEDROOMS, OFFICE, LIVING ROOM, BATHROOM AND ENCLOSED PORCH .THE LIVING ROOM HAS BEEN UPDATED WITH GLEAMING MOCHA HARDWOOD FLOORS, RECESSED LIGHTING, NEW FAN, ACCENT WALL, VINYL WINDOWS. THE OPEN CONCEPT KITCHEN ALSO FEATURES HARDWOOD FLOORS AND RECESSED LIGHTING. THE KITCHEN

    Salvador Gonzalez RE/MAX Mi Casa

    6607 S Oakley Ave, Chicago, IL 60636
  • /27

    $379,000

    • 5 Beds
    • 2 Baths
    • 2,500 Sq Ft

    5068 W Congress Pkwy, Chicago, IL 60644

    Welcome to 5068 W Congress Parkway - a stunning, fully updated 5-bedroom, 2-bathroom home offering approximately 2,500 square feet of beautifully finished living space. Nestled on an oversized 25 x 125 lot, this home boasts a bright and modern open-concept floor plan, ideal for today's lifestyle. The main level features a spacious living room, dining area, and a show-stopping brand new kitchen

    Maria Munoz-Boyd Coldwell Banker Realty

    5068 W Congress Pkwy, Chicago, IL 60644
  • /23

    $285,000

    $25K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,900 Sq Ft

    7845 S Union Ave, Chicago, IL 60620

    Come view this beautifully renovated 5-bedroom, 2-bath home where modern style meets everyday comfort. The main level welcomes you with stunning luxury tiled floors and an open, inviting floor plan. The kitchen is bright with granite countertops, crisp white shaker cabinetry, and sleek stainless steel appliances, creating a bright and timeless space for cooking and entertaining. Downstairs, the

    Kuwana Norman Purvey Properties, Inc.

    7845 S Union Ave, Chicago, IL 60620
  • /16

    $280,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 971 Sq Ft

    4208 S Artesian Ave, Chicago, IL 60632

    Exceptional opportunity in the heart of Brighton Park! This beautiful home is ideally situated within walking distance of public transportation, including bus lines and the Orange Line train station on Western Avenue, providing an easy commute to downtown. Enjoy convenient access to I-55, as well as nearby parks, including McKinley Park schools, and shopping centers. This well-maintained

    Marcelo Damian Keller Williams ONEChicago

    4208 S Artesian Ave, Chicago, IL 60632
  • /29

    $299,000

    Pending
    • 3 Beds
    • 1.5 Baths
    • 3,100 Sq Ft

    3401 W 62nd Place, Chicago, IL 60629

    Move-in ready raised ranch located in Chicago Lawn offering updates around the home, space, and a finished basement! This charming home features 3 bedrooms, 1 full size bathroom plus a half bath, and a finished basement with comfortable living space that includes an extra room. The modern feel is attributed to it's updated kitchen and flooring (2023), along with recent improvements including

    Elias Cahue Century 21 Quest

    3401 W 62nd Place, Chicago, IL 60629
  • /53

    $390,000

    Pending
    • 3 Beds
    • 2 Baths
    • 2,022 Sq Ft

    3523 N Octavia Ave, Chicago, IL 60634

    **Highest and Best due Saturday 5/30 @ 7pm** Welcome to this charming and inviting 3 bedroom, 2 bath home nestled in the highly sought-after Dunning neighborhood on one of the area's most beloved blocks, known for its wonderful neighbors and memorable block parties. Filled with warmth, character, and natural light, this is the kind of home that instantly feels welcoming the moment you walk

    Bogdan Zietara Hometown Real Estate Group LLC

    3523 N Octavia Ave, Chicago, IL 60634
  • /20

    $444,900

    • 10 Beds
    • 4 Baths

    8400 S Burley Ave, Chicago, IL 60617

    Huge 4 units property , 2 (3beds) 2 (2beds) with 4 (2 years old ) Water Heathers, 2 years old Central air heat in 4 Unitas, updated plumbing, updated electricity, up dated bathrooms and kitchen 4 years ago, , garage needs some work , but roof is one year old

    Catty Salgado Core Realty & Investments Inc.

    8400 S Burley Ave, Chicago, IL 60617
  • /22

    $249,000

    Pending Pre-Foreclosure
    • 4 Beds
    • 1.5 Baths
    • 1,476 Sq Ft

    7143 S Michigan Ave, Chicago, IL 60619

    Welcome to this beautifully maintained and move-in ready 4-bedroom, 1.5-bath single-family home located in the heart of Chicago's desirable Greater Grand Crossing neighborhood! This spacious residence features generously sized rooms, a functional layout, and hardwood floors throughout, creating a warm and inviting atmosphere filled with natural light, while the charming exposed brick entry with

    John Hoffman Whyrent Real Estate Company

    7143 S Michigan Ave, Chicago, IL 60619
  • /28

    $269,900

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft

    600 S Dearborn St Unit 1205, Chicago, IL 60605

    Transportation Building Spacious Investor Friendly 1 Bedroom in the Heart of Printer's Row!, Hardwood Floors Thru-out, In-Unit Washer/Dryer, Abundant Closet/Storage, Bright West Exposure, Pet Friendly Building, Steps to Loop, Grant Park, Buckingham Fountain, Museum Campus, Restaurants, Shopping, All CTA/Metra Transportation, University Row! Parking Nearby for Sale/Lease. Sellers are related to

    Syed Hussain Amis Real Estate,, Inc.

    600 S Dearborn St Unit 1205, Chicago, IL 60605
  • /13

    $350,000

    Pending
    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft

    949 N Willard Ct Unit 203, Chicago, IL 60642

    Boutique Mid-Rise In West Town With An Elevator & Exposed Brick Interior! Unit Features 2 Bedrooms & 2 Full Baths, Hardwood Floors, 12' Ceilings, In-Unit Washer Dryer, 42'' Maple Cabinets, Granite Counter Tops, Stainless Steel Appliances, Private Balcony, Gas Fire Place. Parking Included & Investor Friendly. This West Town Dog Friendly Gem Is Conveniently Located By The Blue Line, Highway & West

    Steven Johnson Jameson Sotheby's Intl Realty

    949 N Willard Ct Unit 203, Chicago, IL 60642
  • /15

    $255,000

    • 4 Beds
    • 2 Baths

    6713 S Sangamon St, Chicago, IL 60621

    Excellent investment opportunity! Property qualifies for the $15,000 grant funded by the Chicago Neighborhood Recovery Program (CNRP). This fully occupied multi-unit property featuring 2-bedroom units with kitchen, bathroom, in-unit washer/dryer, and a full unfinished basement. Perfect for investors looking to generate immediate cash flow or owner-occupants looking to live in one unit and rent

    Jacquelyn Pantoja Cloud Gate Realty LLC

    6713 S Sangamon St, Chicago, IL 60621
  • /26

    $364,900

    Pending
    • 4 Beds
    • 2 Baths

    11101 S Ewing Ave, Chicago, IL 60617

    Welcome to 11101 S Ewing Ave, an exceptional 4-bedroom, 2-bathroom full brick ranch, thoughtfully reimagined with refined, high-end finishes throughout. Perfectly positioned on a desirable corner lot, this residence offers both timeless curb appeal and modern sophistication. The gourmet kitchen is a true showpiece, featuring elegant quartz countertops, a full-height designer backsplash, and a

    Frank Rusin Four Seasons Realty, Inc.

    11101 S Ewing Ave, Chicago, IL 60617
  • /23

    $254,900

    • 2 Beds
    • 2 Baths

    1819 W Touhy Ave Unit 6, Chicago, IL 60626

    Move-in ready and freshly painted, this spacious top-floor 2-bedroom, 2-bath condo is located in a quiet, secure courtyard building in an unbeatable location. Filled with natural light from large windows throughout, the home features hardwood floors in the living room, adjoining dining area, and both bedrooms. The second bathroom offers a relaxing jacuzzi tub, perfect for unwinding after a long

    Amisha Kumar Century 21 Circle

    1819 W Touhy Ave Unit 6, Chicago, IL 60626

Showing Results 521 - 560, Page 14 of 18

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