O'Neil Property Group
Live East Dundee listings updated daily from the MLS — plus what local buyers should know before making a move.
Under $500K covers most of what East Dundee sells in a given year—from the postwar ranches of Bonnie Dundee Terrace through the larger Reserve of East Dundee singles and into the entry tier of Lakewood Estates. With the village median near $349K, a $500K budget shops with real leverage here: move-up space, larger lots, and the pick of updated inventory, all in a village where the downtown, the river, and the I-90 ramp are minutes apart. This is the bracket where East Dundee buyers stop compromising.
Looking for help narrowing down your search? Call or text Kealan at 630-381-4995 for a personalized list of homes that match your budget and priorities.
Active listings pulled directly from the MLS.
The range is wide: updated 1,500–2,500 square foot homes, four-bedroom layouts, two-car garages, and—at the top of the bracket—Lakewood Estates properties on lots approaching a half acre or more. Reserve of East Dundee’s larger single-family homes (up to roughly 3,100–3,800 square feet) have recently listed in the high $400s to low $500s. Between $400K and $500K you’re usually choosing between more square footage in the newer stock or more land in the established neighborhoods.
Lakewood Estates—north of Barrington Avenue, east of Van Buren Street—anchors this bracket, with homes built across decades and recent activity in the $400s and $500s on wooded, larger lots with no HOA. The Reserve of East Dundee contributes its biggest singles. And when a renovated Victorian or Foursquare near downtown lists in the $400s, it tends to be the most-watched listing in town. All of it sits within a bikeable triangle of the river, the trail, and downtown.
Conventional financing dominates this bracket, and with 10–20% down the monthly math on a $450K East Dundee home often beats a comparable $550K+ home in the Barrington or Algonquin corridors—especially with East Dundee’s effective tax rate around 2.45% and a median bill near $5,440. On larger Lakewood Estates lots, have your inspector check well/septic status where applicable and confirm what’s municipal. Appraisals in thin markets need comp support—we build that case into every offer.
Inventory between $400K and $500K is genuinely limited—often two to four active listings—so patience and preparation both matter. The good news: at this bracket you’re competing with fewer buyers than the $300s, and sellers of larger homes negotiate more readily after the 63-day average settles in. A pre-approved buyer with flexible timing can do well here.
Whether you are just starting your search or ready to schedule a showing, Kealan O’Neil is here to help you every step of the way.