Popular Neighborhood Served by Realex Realty

Chicago Chinatown
(Armour Square)

Armour Square

Home to Chicago’s vibrant Chinatown, offers a unique blend of cultural richness and urban convenience, making it an appealing option for prospective homebuyers. Located just south of downtown Chicago, the neighborhood provides excellent connectivity through the CTA Red Line (Cermak-Chinatown and Sox-35th stations) and Metra’s Rock Island Line, facilitating easy commutes to the city center.

Residents enjoy a variety of amenities, including the 17.24-acre Ping Tom Memorial Park, which offers scenic views along the Chicago River, a pagoda-style pavilion, bamboo gardens, and recreational facilities . The neighborhood is also home to Armour Square Park, featuring a fitness center, baseball fields, and an outdoor pool . Local businesses along Wentworth Avenue provide a rich array of dining and shopping options, reflecting the area’s cultural heritage.

Educational needs are served by the Chicago Public Schools system, with institutions like Haines Elementary and James Ward Elementary offering educational opportunities for families . The neighborhood’s infrastructure supports reliable utilities and services, contributing to a comfortable urban living experience.

The area boasts a diverse real estate market, featuring a mix of condominiums, townhouses, and single-family homes, many showcasing classic Chicago workers’ cottage architecture with brick exteriors .

Chinatown Real Estate Market

As of Dec. 2025

$345k

Median Home Price

3.4

Months of Supply

97.3%

Sold v.s. List Price

70

Median Days on Market

$45k

Median Household Income

37%

Owner Occupancy Rate

Chinatown Homeowner Resources

Chinatown Chamber of Commerce Events

Local events, festivals, and community gatherings organized by the Chinatown Chamber of Commerce.

Utility Billing

Manage and pay your water and sewer bills online, enroll in payment plans, and explore relief programs for eligible households.

Pay Property Tax

Access property tax information, including billed amounts, tax history, exemptions, and online payment options.

Chinatown Parking

Find information on parking facilities and rates within the Chinatown neighborhood.

Ping Tom Memorial Park

Explore amenities such as walking trails, playgrounds, and scenic views along the Chicago River at this local park.

Chicago 311 City Services

Report non-emergency issues, request city services, and access various municipal resources.

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Selling or Buying Homes?

Why you should hire Realex Realty

  • Our tiered commission structure—often lower than competitors’—puts more money back in your pocket.
  • We value transparency and integrity. Everything is clearly laid out from the beginning, so there are no surprises later.
  • Market-savvy insights, smart strategies, and expert guidance from start to finish.
  • Tech-driven solutions designed to make the process easier for you.
  • No pressure, no rush—we don’t believe in pushy tactics.
  • Your interests always come first. We never hustle just to close a deal.
  • Boundaries honored, always. No spamming. Ever.
Sell Homes
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Case Studies

Our priority is protecting clients’ interests. In an extreme case, we halted a deal at the last moment on the closing table, safeguarding hundreds of thousands of dollars for the client.
Numerous buyers received high rebates and negotiated discounts, saving thousands to tens of thousands of dollars.
Buyer D’s lender imposed tough demands mid-process; we researched solutions, guided the client, and ensured a successful closing.
Buyer C faced a multiple-offer situation and was willing to pay over $10,000 above list price. We helped secure the home with just a few thousand more.
Buyer B was ready to overpay to secure a home, but with our strategic bidding advice, saved $20,000.
We negotiated over 15% off the list price for Buyer A, plus a substantial rebate, Buyer A saved tens of thousands of dollars.
We listed Seller A’s home and received multiple offers immediately. The home sold for nearly 5% above asking price. Seller A’s original target price was $200,000 below the final price.
We saved Seller C nearly $18,000 in commissions with comprehensive service and a seamless transaction.
We helped multiple sellers save over 2% on total commissions (including both sell and buy sides), with some exceeding 3% in savings.
Seller D’s home faced repeated buyer loan issues and dropouts, taking nearly a year to sell. We provided unwavering support, countless negotiations, and successfully closed in the end, still saving the client money.
We saved Seller B nearly $20,000 in commissions with full-service support and a smooth process.
We offer tailored advice based on clients’ needs. Some sellers, following our guidance, switched to renting during a slow market, securing strong cash flow and greater long-term gains.

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