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Hyde Park

Dubbed as ‘Hot Hyde Park’ by the Chicago Sun-Times, this once suburban area has made a name for itself as a desirable place to settle down and purchase a home without compromising on location.

The pairing of green space and culture in Hyde Park is a utopian existence for any big city dweller. It has a low crime rate and top-notch schools, making it attractive for families and soon-to-be parents who are looking for a new home. Hyde Park’s continued upswing has created a huge demand for new development and rehabbed housing for the busy single working adult, as well as the recently retired and starter family.

The price of real estate in the Hyde Park neighborhood, although rising steadily, is considerably lower than homes north of the Loop. You get more for your money, with all the modern amenities of a 21st century lifestyle. It’s an area rich in culture– world-renowned architects such as Mies van der Rohe and Frank Lloyd Wright designed many of the buildings in the neighborhood. Plus, Hyde Park is only six miles from downtown Chicago, putting all that excitement and commerce at your fingertips.

Hyde Park’s housing stock is split pretty evenly between vintage courtyard apartment and condo buildings, single-family homes and tall high-rises that hug the lakeshore. Several gut-rehab courtyard condo developments have been added to the neighborhood in recent years. The renovated Shoreland Hotel on South Shore Drive will add several hundred new rental apartments to the neighborhood. As you can see, there are plenty of factors that make Hyde Park is one of Chicago’s most enticing neighborhoods.

Want to know more about Hyde Park real estate? I can certainly help you with that! Give me a ring or shoot me an email–I look forward to hearing from you. Feel free to browse current Hyde Park real estate listings below. Let’s start searching for that dream home of yours, yes?

For information on real estate close to Hyde Park see these links below

Washington Park | Bridgeport | South Loop | Pilsen


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Real Estate Market Stats

Zillow Home Value Index: $396,600

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $396,600 $248,900
Median Single Family Home Value $573,400 $247,200
Median Condo Value $208,500 $269,800
Median 2-Bedroom Home Value $189,600 $184,800
Median 3-Bedroom Home Value $404,900 $228,900
Median 4-Bedroom Home Value $574,100 $348,000
Percent Homes Decreasing 71 2,056,857
Median List Price Per Sq Ft $1,359 $298
Median Sale Price 71 250,000
Property Tax 71 2,056,857
Turnover (Sold Within Last Yr.) 71 2,056,857
1-Yr. Change 0.8% 4.1%