Why Live in Armour Square
Armour Square, on Chicago’s South Side, is a diverse neighborhood rich in cultural heritage and attractions. Historically a hub for European, Chinese, and African-American immigrants, it features early 20th-century architecture. Adjacent to Chinatown, the area offers vibrant cultural and dining experiences, including the Nine Dragon Wall. Key landmarks include Guaranteed Rate Field, home to the Chicago White Sox, and Armour Square Park, a nearly 9-acre space with amenities like a fitness center, baseball fields, and an outdoor pool, hosting community events year-round.
Housing options range from condos and townhouses to multi-unit buildings and detached single-family homes, many showcasing the workers cottage style with brick exteriors. Dining is diverse, with Franco’s Ristorante and New Furama Restaurant offering Italian and Chinese cuisine. Chinatown further enriches the culinary scene with numerous eateries and bubble tea shops. Shopping includes unique markets like Starlight Market and chain stores such as Cermak Fresh Market.
Education is served by several schools, including the highly rated St. Jerome Catholic School. James Ward Elementary provides multilingual education for the diverse community. Armour Square is well-connected with rail stops, including the L and Metra, and several Chicago Transit Authority bus stops. The Chicago Loop is about 4 miles north, and Chicago Midway International Airport is approximately 9 miles west. The Insight Hospital & Medical Center Chicago is about a mile east. Crime rates are comparable to the national average, offering a relatively safe living environment.
Frequently Asked Questions
Is Armour Square a good place to live?
Armour Square is a good place to live. Armour Square is considered fairly walkable and a biker's paradise with great transit options. Armour Square has 8 parks for recreational activities. It is very dense in population with 19.0 people per acre and a median age of 44. The average household income is $62,155 which is below the national average. College graduates make up 32% of residents. A majority of residents in Armour Square are renters, with 70.8% of residents renting and 29.2% of residents owning their home. A
local real estate agent serving Armour Square can help you decide if this neighborhood is the right one for you. Learn more on our
Armour Square neighborhood guide.
How much do you need to make to afford a house in Armour Square?
The median home price in Armour Square is $749,900. If you put a 20% down payment of $150,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $167K a year to afford the median home price in Armour Square. The average household income in Armour Square is $62K.
What are the best public schools in Armour Square?
The best public schools that serve Armour Square are:
What are the best private schools in Armour Square?
The best private schools that serve Armour Square are:
What are the most popular zip codes in Armour Square, Chicago, IL?
What are the most popular neighborhoods near Armour Square, Chicago, IL?
Home Trends in Armour Square, IL
On average, homes in Armour Square, Chicago sell after 9 days on the market compared to the national average of 70 days. The median sale price for homes in Armour Square, Chicago over the last 12 months is $760,000.
Median Sale Price
$760,000
Median Single Family Sale Price
$760,000
Median Townhouse Sale Price
$630,000
Median 2 Bedroom Sale Price
$230,000
Average Price Per Sq Ft
$292
Number of Homes for Sale
1
Last 12 months Home Sales
11
Median List Price
$749,900
Median Change From 1st List Price
-1%