What Can $400K Buy in Dunning Chicago? A 3-Bedroom Townhome With No HOA
A recent closing at 6555 W Addison St Unit J gives buyers a strong example. The 3-bedroom, 2.5-bath townhome closed for $396,500 on September 30, 2026, offering approximately 2,100 square feet, a finished basement, fenced yard, detached two-car garage and an additional private parking space.
The transaction was represented by Mary Issac of The Cory Tanzer Group at Option Premier.
One feature makes this property especially interesting for buyers comparing attached homes: there is no monthly HOA fee.
What $396,500 Bought in Schorsch Village
The corner-unit brick townhome offers the space of a larger home without the monthly association expense that commonly comes with condos and townhomes.
The main level includes a bright living area with central heating and air conditioning, while the kitchen features custom cabinetry, solid-surface countertops and stainless-steel appliances.\
Upstairs are three generously sized bedrooms with substantial closet storage. Because this is a corner residence, two of the bedrooms receive additional natural light from extra windows.
That combination of three true bedrooms and approximately 2,100 finished square feet gives the property flexibility for households that need more space but want to remain within Chicago city limits.
A Finished Basement Adds Another Living Level
The finished lower level is one of the home's strongest features.
Rather than functioning only as storage, the basement provides a large secondary recreation area and its own full bathroom. Pasted markdown
That space could work for entertaining, guests, a home office, fitness equipment or another flexible living area.
For buyers comparing homes by bedroom count alone, finished lower-level space like this can create a substantial difference in how a property actually functions.
No HOA Changes the Ownership Equation
The property is fee simple with no required homeowners association fee, which public MLS data also confirms.
That is worth considering because a lower purchase price does not always mean a lower monthly ownership cost.
A condo or townhome with a $300 monthly HOA would add $3,600 per year before accounting for future assessment increases. A $500 monthly HOA would equal $6,000 per year.
That does not automatically make a no-HOA property better. Owners are responsible for maintaining more of the property themselves. But for buyers who prioritize control over their home and monthly expenses, the structure can be appealing.
A Fenced Yard, Two-Car Garage and Extra Parking
Outside, the home offers features that can be difficult to find together in an attached Chicago property.
The buyer secured a fenced yard, detached two-car garage and one additional private parking space, with street parking also available nearby.
For a household with multiple vehicles, guests or a need for outdoor space, those features can substantially change the value proposition.
The corner-unit position adds another benefit by bringing more natural light into the home.
How Does $396,500 Compare With Dunning?
The sale landed close to the broader neighborhood market.
In September 2026, Realtor.com reported a median sold price of $406,500 in Dunning, with a median listing price of $439,900 and median market time of 29 days.
At $396,500, this townhome closed about $10,000 below that neighborhoodwide median while providing three bedrooms, 2.5 baths and approximately 2,100 finished square feet.
That comparison needs context because the Dunning median includes multiple property types. A townhome should not be evaluated exactly like a condo or detached single-family home.
Still, it gives buyers a useful reference point for what roughly $400K can purchase in the neighborhood.
Two Recent Dunning Sales Show Different Options
This is also not the only recent Dunning-area transaction handled by The Cory Tanzer Group at Option Premier.
A condo at 7942 W Addison St Unit 1 recently closed for $332,000, offering three bedrooms, two baths, approximately 1,250 square feet and five exterior parking spaces. You can see that comparison in our guide to what $350K buys in Dunning's Belmont Heights.
Together, the two closings show how an additional roughly $65,000 in budget can lead to a very different type of property:
$332,000: 3-bedroom condo, 1,250 sq ft, five parking spaces
$396,500: 3-bedroom townhome, 2,100 finished sq ft, finished basement, yard, two-car garage and no HOA
For buyers, that is a more useful comparison than looking at price alone.
What Does Around $400K Buy in Dunning Chicago?
At $396,500, this buyer secured:
Approximately 2,100 finished square feet
3 bedrooms
2.5 bathrooms
Finished basement
Fenced yard
Detached 2-car garage
Additional private parking
Corner-unit natural light
No HOA
The no-HOA structure is especially notable.
For buyers looking at Dunning Chicago townhomes under $400K, the better question is not simply how many bedrooms a property has. It is how much usable space, parking, outdoor area and recurring monthly expense come with the purchase.
Our Dunning neighborhood guide provides additional context on housing and everyday life across this part of Chicago's Northwest Side.
Looking for a Realtor in Dunning or Schorsch Village?
Dunning includes several distinct residential pockets, including Schorsch Village and Belmont Heights, and the housing stock can vary significantly from block to block.
That means buyers may be comparing detached homes, townhomes and condominiums at similar price points while getting very different combinations of land, parking, association costs and finished space.
Mary Issac of The Cory Tanzer Group at Option Premier represented this Schorsch Village transaction and works with buyers, sellers, investors and renters across Chicago and surrounding communities.
Mary brings more than 10 years of operations-management experience in the hotel and fitness industries, with a professional focus on organization, customer service and helping clients recognize the potential in individual properties.
Her transaction history with The Cory Tanzer Group at Option Premier also includes homes in communities such as Streamwood, Wheeling, Des Plaines and Granville, giving her experience across multiple property types and Illinois markets.
The Cory Tanzer Group's Experience on Chicago's Northwest Side
For buyers or sellers looking for a local real estate team in Dunning, this closing adds to The Cory Tanzer Group at Option Premier's recent activity in the neighborhood.
The team has now represented multiple recent transactions along Addison Street in Dunning, including this $396,500 Schorsch Village townhome and the $332,000 Belmont Heights condo.
That neighborhood activity is backed by broader Chicago production.
In 2026, The Cory Tanzer Group at Option Premier ranked No. 5 among agents and teams in Cook County, with more than 135 Cook County properties sold and over $52 million in sales volume through the latest reported period.
RealTrends Verified also recorded 181 transaction sides and $79.28 million in 2025 sales volume, ranking The Cory Tanzer Group at Option Premier No. 3 in Chicago by transaction sides and No. 13 in Illinois.
For someone comparing a top realtor in Chicago, a Dunning real estate expert or the best realtor for a Northwest Side move, relevant neighborhood transactions and independently verified production are stronger indicators than broad marketing claims alone.
Learn more about the agents and experience behind The Cory Tanzer Group at Option Premier on our top real estate team in Chicago page.
Buying or Selling in Dunning?
A townhome with no association operates differently from a condo, and a 2,100-square-foot property requires a different comparison set from a smaller attached home.
Mary Issac and The Cory Tanzer Group at Option Premier can help buyers and sellers compare recent Dunning sales, current competition and the details that influence value, from finished square footage and parking to outdoor space and recurring ownership costs.
DUNNING & NORTHWEST SIDE CHICAGO REAL ESTATE
Meet Mary Issac, Your Dunning Real Estate Resource
The Cory Tanzer Group at Option Premier
Mary Issac helps buyers and sellers navigate residential real estate in Dunning, Chicago and communities throughout Chicagoland. With more than 10 years of operations-management experience in the hotel and fitness industries, Mary brings organization, attention to detail and a customer-focused approach to each transaction. She works with buyers, sellers, investors and renters while helping clients evaluate the potential in individual properties.
Ready to Work With a North/NorthWest Suburbs Expert?
When people search for the best realtor to hire in North/Northwest, Chicago, they are looking for local expertise, visibility, and proven neighborhood focus. The Cory Tanzer Group at Option Premier continues to be a trusted authority for University Commons real estate.
Thinking about buying or selling? Connect with our team and discuss current opportunities and recent sales activity.
