207 E 31st St #5B, Chicago, IL 60616
Property image
Property image
OFF MARKET

$323,000

Trulia Estimate
as of Sep 20, 2026
  • 2 Beds
  • 2 Baths
  • 1,375 sqft

207 E 31st St #5B, Chicago, IL 60616

The Gap

Home Highlights

Apartment
1,375 sqft
$235/sqft
1 Parking Spaces

Local Information

  • Map ViewExplore the area around 207 E 31st St #5B.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Bright and spacious 2 bed 2 bath top floor unit in a well-managed boutique elevator building with smart intercom system, ideally located across from Dunbar Park and just steps from the lakefront. This sun-filled home offers scenic north park & city view, along with a thoughtfully designed open-concept layout perfect for everyday living and entertaining. The modern kitchen features 42-inch cabinetry, granite countertops, stainless steel appliances, a pantry, and a large island that flows seamlessly into the living and dining areas. Hardwood floors run throughout, complemented by generous closet space and quality finishes. The primary suite is spacious with a double walk-in closet, which leads to a spa-like en-suite bath with dual vanities, a soaking tub, and a separate glass-enclosed shower, while the second bedroom is well sized with ample storage. Additional highlights include front loading in-unit washer and dryer, central heat & air, private balcony space, and one assigned gated outdoor parking space included. Internet (Google fiber), water, trash & snow removal included. Unbeatable location within walking distance to 31st Street Beach and Harbor, IIT, Illinois College of Optometry, and White Sox Park, with easy access to CTA bus routes, Green and Red Lines, Metra, Lake Shore Drive, and major expressways. Property management company requires a mandatory Resident Benefits Package for an additional $40.00 per month; includes renters insurance, positive credit reporting for on-time rental payments, identity fraud protection, and more.
207 E 31st St #5B, Chicago, IL 60616 is a 2 bedroom, 2 bathroom, 1,375 sqft apartment in The Gap. It last sold for $255,000 on Jun 4, 2019 (10,987% above the $2,300 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $2,300 per month. That rental listing was removed on March 2, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $323,000, with a rent estimate of $2,577/month.

Home Details for 207 E 31st St #5B

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
ElevatorFloors: Hardwood

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 207 E 31st St #5B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
419 W Cermak Rd #2C, Chicago, IL
1.30
Apartment
$283,000
12/05/25
3
1.5
1,000 sqft
2724 S Princeton Ave, Chicago, IL
0.76
Apartment
$632,500
03/18/26
5
3
2,856 sqft
515 W 28th St, Chicago, IL
1.04
Apartment
$595,000
11/25/25
5
2
1,936 sqft
2842 S Union Ave #2, Chicago, IL
1.21
Apartment
$740,000
12/15/25
3
2
1,200 sqft
3420 S Wallace St #1, Chicago, IL
1.12
Apartment
$775,000
11/20/25
2
1
1,200 sqft
18 E Cullerton St #4, Chicago, IL
1.24
Apartment
$528,000
08/19/26
3
2
2,000 sqft
4043 S Drexel Blvd #103, Chicago, IL
1.52
Apartment
$137,500
03/09/26
2
2
1,300 sqft
1727 S Indiana Ave #116, Chicago, IL
1.42
Apartment
$220,000
11/03/25
1
1.5
1,150 sqft
2625 S Union Ave, Chicago, IL
1.22
Apartment
$870,000
04/29/26
3
2
1,200 sqft
4040 S Wabash Ave, Chicago, IL
1.22
Apartment
$825,000
07/23/26
2
1
1,200 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in The Gap

Last updated Sep 2026
Trulia Rent Estimate$2,577/mo
Average rent
$2K
$500MoM
Available listings
3
View rental market trends in Chicago, IL

Around this home

Neighborhood Overview

The Gap
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Gap

At least 1 Trulia users voted on each feature.

  • 100 % Say it's quiet

  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 100 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Paulette M.
    "We have an annual arts festival and a very active community organization. 31st Beach has activities for all ages, music, water sports rentals, boating and a community room. Also neighbors organize a group annual garage sale. "
    0
    Flag
  • Juanlorenzo498
    "Well it is calm and there’s no problem not bad stuff going on around or anything like that and the bus stop is close by"
    9
    Flag
  • Paulette M.
    "I’ve lived in this neighborhood for 14 years I see it continues to grow for the better. Easily accessible to major interstates and close to downtown, shopping and entertainment. Near a major convention center and arena. Close to four star hotels. Lakefront beach, pier and boat docks. "
    0
    Flag
  • Carmelia W.
    "near highways and close to downtown. public transportation very accessible. restaurants, bars and grocery stores nearby. "
    0
    Flag
  • Marilyn S.
    "Great Historical area. Lots of great history here. Convenient to downtown, all expressways and lake. Great things are happening in the neighborhood. There is an involved community group, there are plans for 35th street and much, much, more."
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Mar 2, 2026
Source: Zillow Rentals
ListingRemoved
$2,300
Jan 16, 2026
Source: Zillow Rentals
Listed For Rent
$2,300
Dec 13, 2024
Source: Zillow Rentals
ListingRemoved
$2,200
Nov 6, 2024
Source: Zillow Rentals
Listed For Rent
$2,200
Sep 13, 2024
Source: Zillow Rentals
ListingRemoved
$2,200

Frequently asked questions about 207 E 31st St #5B

  • What is 207 E 31st St #5B estimated to be worth?
    Trulia's estimated value for 207 E 31st St #5B in Chicago, IL is $323,000.
  • What is the price history for 207 E 31st St #5B?
    207 E 31st St #5B in Chicago, IL last sold for $255,000 in June 2019.
  • Is Chicago a buyer's or seller's market?
    Chicago is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $397K. That is up $10.62K from the prior month.
  • Does 207 E 31st St #5B have air conditioning?
    Yes, 207 E 31st St #5B in Chicago, IL has air conditioning.
  • Does 207 E 31st St #5B have laundry facilities?
    Yes, 207 E 31st St #5B in Chicago, IL has in-unit laundry.

Homes for rent near 207 E 31st St #5B

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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