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238 W 31st St Unit 4W
Condo
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$160,000

$160/sqft

238 W 31st St Unit 4W, Chicago

86% below median
3 bd·1 ba·1,000 sqft
Armour Square

238 W 31st St Unit 4W, Chicago, IL

3 bd · 1 ba · 1,000 sqft Condo listed at $160,000 in the Armour Square neighborhood.

About this home

Major price improvement making this the best priced 3 bedroom condo in Bridgeport/Armour Square.** This 3 bedroom condo near IIT and Bridgeport is packed with potential and ready for your personal touch. Whether you're a first-time buyer looking to stop renting or an investor eyeing strong returns, this property checks all the boxes: NO RENT CAP and AIRBNB FRIENDLY Building (Rare Find these days) and unbeatable access to CTA, I-90/94, and Guaranteed Rate Field (Go Sox!). Features new flooring and lighting in the bedrooms, a refreshed bathroom, and bright natural light throughout, you've already got a great foundation to build so much value. The 1,000 sq. ft. layout offers flexibility for roommates, short-term rentals, or that perfect live-work setup. Bring your vision, add a little sweat equity, and turn this space into your next smart investment or dream home. Opportunities in Armour Square/Bridgeport at this price don't last. Schedule your showing today and thank yourself tomorrow.

Property details

Price
$160,000
Bedrooms
3
Bathrooms
1
Interior
1,000 sqft
Price / sqft
$160
Type
Condo
Days on market
114
Est. property tax
$3,328/yr · $277/mo · 2.08% IL avg
HOA
$362/mo

Estimated monthly payment

Down payment20% ($32,000)
Interest rate6.75%
Principal & Interest$830
Property Tax$147
Insurance$150
Total$1,127/mo

Can I afford this?

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Price history

▼ 10.6%Most recent change on 2026-04-17: $179,000 → $160,000.

$230K$105K$-20K$1K on Feb 18 (Price change)$1K on Apr 18 (Price change)$1K on May 18 (Price change)$1K on Nov 18 (Price change)$210K on Sep 25 (Initial list)$200K on Oct 25 (Initial list)$183K on Jan 26 (Initial list)$179K on Mar 26 (Price change)$160K on Apr 26 (Price change)
$1K · Feb 18$160K · Apr 26
  1. Apr 17, 2026$160,000Price change
  2. Mar 25, 2026$179,000Price change
  3. Jan 2, 2026$183,000Initial list price
  4. Oct 31, 2025$199,900Initial list price
  5. Sep 26, 2025$209,500Initial list price
  6. Nov 5, 2018$1,150Price change
  7. May 6, 2018$1,150Price change
  8. Apr 28, 2018$1,150Price change
  9. Feb 26, 2018$1,250Price change

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 238 W 31st St Unit 4W, Chicago
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Home Intelligence

Neighborhood (zip 60616)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 37.6; 26% hold a bachelor's degree; median household income is $72,326.

Median income
$72,326
Median age
37.6
Owner-occupied
37.9%
Bachelor's degree
25.7%
Census median home value
$391,100

Source: US Census Bureau American Community Survey 5-year estimates.

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