House Prices

Armour Square Chicago, IL House Prices & Home Values 2026


Average Data

average house price$372,336
average size per house1321 ft²
average price per ft²288 $ / ft²

04/15/2026 - The value range (VR) for house prices in Armour Square Chicago, IL is $273.6/ sqft to $302.4/ sqft. An average home with 1321 sqft costs approximately $368,293 to $407,061. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60616, while the highest are in ZIP 60616. The average price per sqare feet is $288. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Armour Square Chicago

60616275 $ / ft²




Historical development of home values in Armour Square Chicago

Year Estimated value (USD) Change vs. 2025
2010 $172,920 -53.6%
2011 $166,233 -55.4%
2012 $165,785 -55.5%
2013 $171,982 -53.8%
2014 $180,533 -51.5%
2015 $189,799 -49.0%
2016 $199,704 -46.4%
2017 $210,483 -43.5%
2018 $222,120 -40.3%
2019 $232,419 -37.6%
2020 $244,434 -34.4%
2021 $278,017 -25.3%
2022 $324,106 -13.0%
2023 $341,784 -8.2%
2024 $361,557 -2.9%
2025 $372,336 0.0%

Graph: estimated home values in Armour Square Chicago over time (USD)



Example: 100% financing house in Armour Square Chicago

Loan amount: $372,336

Interest rate: 6.11%

Fixed monthly payment: $2,259.70

Breakdown in the 1st month:
Interest portion: $1,897.05  –  Principal portion: $362.65

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,640.58 $4,475.88 $367,860.12
2 $22,359.12 $4,757.34 $363,102.79
3 $22,059.97 $5,056.49 $358,046.30
4 $21,742.00 $5,374.46 $352,671.84
5 $21,404.04 $5,712.42 $346,959.42
6 $21,044.83 $6,071.63 $340,887.80
7 $20,663.03 $6,453.43 $334,434.37
8 $20,257.22 $6,859.24 $327,575.13
9 $19,825.89 $7,290.57 $320,284.56
10 $19,367.44 $7,749.02 $312,535.55
11 $18,880.16 $8,236.30 $304,299.25
12 $18,362.24 $8,754.22 $295,545.04
13 $17,811.75 $9,304.71 $286,240.33
14 $17,226.65 $9,889.81 $276,350.52
15 $16,604.75 $10,511.71 $265,838.81
16 $15,943.74 $11,172.71 $254,666.10
17 $15,241.17 $11,875.28 $242,790.82
18 $14,494.42 $12,622.03 $230,168.78
19 $13,700.72 $13,415.74 $216,753.04
20 $12,857.10 $14,259.36 $202,493.68
21 $11,960.43 $15,156.03 $187,337.65
22 $11,007.38 $16,109.08 $171,228.57
23 $9,994.39 $17,122.06 $154,106.50
24 $8,917.71 $18,198.75 $135,907.76
25 $7,773.33 $19,343.13 $116,564.63
26 $6,556.98 $20,559.48 $96,005.14
27 $5,264.14 $21,852.32 $74,152.83
28 $3,890.01 $23,226.45 $50,926.37
29 $2,429.46 $24,686.99 $26,239.38
30 $877.08 $26,239.38 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Armour Square Chicago, IL


1500 sqft3900 sqft
Ø selling price$532,652$1,133,096
Ø fast selling$484,229$1,019,786
Ø high price sale$581,075$1,246,405

In 2026, houses in Armour Square Chicago, IL will be offered at an average price of $288 per square foot. A 1,500 sqft home priced at $532,652 is 23.44% more expensive per square foot than a 3,900 sqft home priced at $1,133,096. Home prices in Armour Square Chicago, IL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $784,451. Sellers who can wait longer may achieve a higher price of up to $958,774.


Armour Square, Chicago, IL Neighborhood Guide

Overview

Armour Square in Chicago, IL is a historic South Side neighborhood known for its tight-knit community and proximity to iconic attractions.
Guaranteed Rate Field, home of the Chicago White Sox, anchors the area and blends sports energy with residential charm.
Adjacent to Chicago's Chinatown, Armour Square offers rich cultural experiences, vibrant streets, and diverse local businesses.

Transit and Location

Commuters appreciate easy access to the CTA Red Line, Metra, and major expressways, making downtown Chicago minutes away.
Walkable blocks, bike-friendly routes, and bus connections enhance everyday convenience for residents and visitors.

Lifestyle and Amenities

Dining ranges from classic Italian beef and neighborhood taverns to dim sum and regional Chinese cuisines just steps from Archer Avenue.
Green spaces like Armour Square Park provide ball fields, playgrounds, and community programming for families.
Local shops, bakeries, and markets create a lively, authentic atmosphere that reflects the neighborhood's heritage.

Housing and Community

Housing in Armour Square, Chicago includes vintage two-flats, updated condos, and single-family homes that appeal to first-time buyers and longtime residents.
With strong community organizations, year-round events, and ongoing investment, this Chicago neighborhood offers value, character, and convenient urban living.



FAQ – Home Values in Armour Square Chicago

What is the median home value in Armour Square Chicago in 2026?

In 2026, the typical home value in Armour Square Chicago is about $372,336 for an average home size of 1321 square feet. This corresponds to an average price of roughly $288 per square foot.

What is the average cost per square foot in Armour Square Chicago?

In 2026, homes in Armour Square Chicago sell for an average of around $288 per square foot, with a typical range between $273.6 and $302.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Armour Square?

The average home size in Armour Square Chicago is about 1321 square feet, with an estimated 2026 value around $372,336.



Neighborhoods close to Armour Square Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Hyde Park Chicago, IL158 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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