Armour Square Homes For Sale
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A well-known square on the South Side, the Chicago neighborhood of Armour Square includes Chinatown, a popular city attraction, and is bordered by Bridgeport, Pilsen, and Bronzeville. Three miles south of the Loop, Armour Square has become a popular marketplace for Chicago real estate. If you're looking for Chicago condos for rent or for sale in this area of the city, you'll want to note all that Armour Square and its 21 blocks has to offer its residents.
From the beginning, the Armour Square neighborhood has been a hub for working-class Chicagoans. During and following the Civil War, this Chicago neighborhood attracted many immigrants. After the Chicago fire when new building regulations led to increases in home costs, many Chicagoans moved into Armour Square where more affordable housing could still be found. With the construction of Comiskey Field, home to the Chicago White Sox Major League Baseball Team, the neighborhood began to see a further influx of property shoppers.
Armour Square is situated near the South Branch of the Chicago River and is located between both expressways and rail lines. Its proximity to the Loop, bus, and train stops makes it popular with commuters. Armour Square is also fairly walkable for residents inclined to get around on foot or by bike.
While there are many condos available for sale in Chicago, it's no wonder that home shoppers are looking at Armour Square as an affordable and amenity-filled place to call home. Residents of this Chicago neighborhood have convenient access to stores, shopping centers, specialty shops (especially in the area of Chinatown), schools, places of worship, senior centers, childcare centers, and world-class healthcare facilities.
Armour Square is famously home to the "new Comiskey Park," which is actually called Guaranteed Rate Field, home of the Chicago White Sox. The stadium is located near Armour Square Park, a popular public green space in the neighborhood. There is also a plethora of restaurants, coffee shops, and fitness centers in the area. One of the reasons that Chicago real estate is healthy in this area is because it is associated with many amenities and recreational opportunities.
The best neighborhoods in Chicago can't always be called affordable, but Armour Park enjoys overall housing costs that are actually slightly less than the Chicago average. The median price of a home in Amour Park is $221,250. The median rent for a Chicago condo or apartment in this area is slightly more than $700. With such affordable housing, it's no wonder this Chicago neighborhood is attracting house hunters.
Cost of Living
Although the cost of living in Chicago is higher than the rest of the state, Armour Square enjoys a slightly lower average cost compared with the Chicago average. That means that residents can expect costs for groceries, goods and services, and, of course, housing to be slightly less than they'll find in many other Chicago neighborhoods.
Why Shop for Chicago Real Estate in Armour Park?
If you work in the Loop or simply enjoy spending time downtown, it makes sense to shop for a Chicago condo or property in Armour Park. Its convenient transportation and affordable housing make it attractive for many buyers. Moreover, as the home of Chinatown and the Chicago White Sox, this Chicago neighborhood brims with attractions all its own.