$574,725Average Value$221Average Price per Sq Ft7Homes For Sale
A cultural heritage and a changing landscape
Famous names from Muhammad Ali to Mary Todd Lincoln have made a home in Hyde Park. Known for its proximity to Lake Michigan, this neighborhood is in high demand. The University of Chicago is a major anchor that has attracted numerous influential scholars, including President Barack Obama. But despite the cultural heritage and the scholarly limestone buildings, change has come to Hyde Park. “The neighborhood has changed considerably,” says Wendy Lee, a realtor with EXIT Realty and an expert on Chicago real estate for over 20 years. “You wouldn’t come here for shopping and restaurants, but now there are food trucks around the university. Target and Ulta are now in Hyde Park, too. At one point there were none of these big box stores.” As a result, there are two sides to Hyde Park attracting homebuyers: a sense of history, but also a hip sense of activity and entertainment.
aerial midway/UofC
Overview of the University of Chicago.
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Eclectic styles starting at $100k
One of the standout features of Hyde Park is the eclectic housing. Historically, the area served as a getaway for those eager to escape the crowded, noisy conditions of the city center. Between 53rd and 55th streets, and between Harper and Woodlawn avenues, homebuyers can explore historic Hyde Park Center. Here, modest wooden homes sit in contrast to surrounding mansions, Italian villas, English castles, French chateaux and of course, the brick marvels designed by Frank Lloyd Wright. There is modern construction, though, including row houses, town houses and luxury high-rise condominiums, especially near Lake Michigan. Some housing has been integrated into former hotels, like the Shoreland, carved in elegant Classical Revival style. “The thing about housing in Hyde Park is you can go big or small,” Lee says. “Prices range from a $100,000 co-op unit to a multi-million-dollar home.”
Two-story homes can be found throughout Hyde Park.
older multi fam
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A hip and bustling commercial scene
Grocery shopping can be a breeze: Whole Foods, Trader Joe’s, Target Grocery and Bonne Sante Health Foods are all situated along the eastern face of Nichols Park. Boutique retail options are truly one of a kind. The area around 57th Street features many independent shops. “The presence of three excellent indie bookstores is one of the top draws of Hyde Park, which plays into its larger identity as a scholarly neighborhood,” says Andrew Peart, a bookseller at Powell’s Books and a neighborhood resident for a dozen years.
Similar to the housing styles in Hyde Park, the restaurant scene in is considered world class but also eclectic. Medici will top off mochas with a scoop of chocolate ice cream. Then there’s the French cuisine of La Petite Folie, served in a white tablecloth atmosphere. Valois is a cash-only old-school cafeteria, and Jimmy’s Woodlawn Tap has been pouring beer for over 70 years. “Dining and shopping in Hyde Park is just on point,” says Lee. “You can go to 51st, 53rd, 55th and 57th Streets – all of them are bustling. 53rd is quite trendy now. It has everything: Thai food, Korean food, Cajun food, pizza, sushi, whiskey bars.”
Peart concurs: “We have Michelin starred restaurants now, which wasn’t the case back in the 2010s. The area used to be sleepier in that regard.”
Stop in the Hyde Park Whole Foods for an artful shopping experience, Chicago, IL.
Powell's Books store in Hyde Park is steps away from the University of Chicago Campus.
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Cultural institutions and warm weather events
The Robie House is a defining example of American architecture and considered a must-visit destination. This blocky, Prairie-style building was designed by Frank Lloyd Wright. Elsewhere on the University of Chicago campus are two museums: the Oriental Institute and the Smart Museum of Art. There’s also the Museum of Science and Industry, which was built in 1893 as the Palace of Fine Arts for the Chicago World’s Fair. The DuSable Black History Museum has created a model for the conservation of African American art, now mimicked by institutions in other large cities, such as Boston and Los Angeles. A farmers market is held on 53rd Street during the summer, and every June, the oldest juried art fair in the Midwest takes place along 57th Street.
FLW Robie House
aerial - Museum of Science and Industry
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Ray Elementary draws in homebuyers
Ray Elementary earns a B-minus from Niche, and serves over 500 students at the kindergarten through 8th grade level. The school is centrally located, near Bixler Park. “Ray Elementary is considered a desirable school, so much that people will want to live as near it as possible,” Peart says. Kenwood Academy High School earns an A-minus from Niche, and serves over 2,200 students. The school has a strong connection with the University of Chicago, often developing mentorships for students with professors. Kenwood students enrolled in Advanced Placement courses also have access to university student resources.
Ray Elementary School provides a safe environment for students.
Kenwood Academy High School entrance.
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Beaches and green space in Hyde Park
During warmer months, the 57th Street Beach is a popular getaway. Many take the Lakefront Trail north from here half a mile to picnic at Promontory Point. Despite being a sophisticated urban hub, Hyde Park is very green. Nichols Park is 12 acres, with community vegetable gardens and a wildflower meadow. A gym and baseball field are on site, too. The Garden of the Phoenix is placed on the wooded island of Jackson Park. It features a koi pond and several cherry trees. The Midway Plaisance, designed by the man behind New York’s Central Park, is another unique open space. It’s a mile long and about as wide as two football fields. Along this sliver near Lake Michigan, visitors will find an ice rink and multipurpose fields.
57th st beach
Overview of Promontory Point.
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Alternative transportation is embraced
Hyde Park has access to Metra trains and buses, bringing in commuters during the day. “People will bus in from the north, come down along the lakefront, on the eastern border,” says Peart. But this is a pedestrian’s neighborhood as well. “This is a great walkable community offering a high-density lifestyle,” Lee says. “There aren’t many parking opportunities, so people get around on bike or foot. Plus, it’s important to remember that Hyde Park is close to the lake, so people are walking, jogging, biking on the lakefront all the time.”
There are many CTA bus stops that service the Hyde Park area.
There are three Metra stops that service the Hyde Park area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jim Streff,
an experienced agent in this neighborhood.
Parks in this Area
Midway Plaisance Park
Basketball
Events
Ice Skating Rink
Nichols Park
Baseball/Softball
Tennis
Trails
Bixler Park
Playground
Butternut Playlot Park
Playground
Oakwood / 41St Street Beach
Washington Park
Baseball/Softball
Basketball
Boating
Jackson Park
Baseball/Softball
Basketball
Dog Park
Promontory Point
Trails
Beach
Playground
Sycamore Playlot Park
Playground
Transit
Airport
Chicago Midway International
17 min drive
Train
55Th-56Th-57Th Street Station
Train
59Th Street (University Of Chicago) Station
Train
53Rd Street Hyde Park Station
Bus
Ellis & 57th Street
Bus
Museum Of Science & Industry
Bus
55th Street & University
Bus
Shoreland Dorm
Bus
55th Street & Woodlawn
Bus
Ellis & 53rd Street
Bus
University & 55th Street
Reviews
Niche Reviews
4.198 Reviews
3.0Niche User
4/10/2015Niche Review
There are many businesses in the area. You can get pretty much anything you need within a 15 minute walk or so. It is convenient but that convenience comes with a higher price.
5.0Current Resident
5/20/2018Niche Review
I live and work in Hyde Park. It's a very nice community. Many of my friends leave in or near Hyde Park, so there's always something to do. The University of Chicago has an open campus, so you can wander in and find a lot of great free food events. I suggest joining a few UChicago listhosts to stay up to date on events. It's easy to get out of the neighborhood due to buses and two major train lines not far from the neighborhood. Lots of food options. But rent is increasing. Great place to look on the South Side.
4.0Niche User
5/24/2015Niche Review
There is a very large variety of restaurants and it is one of the main highlights of the neighborhood. It is extremely family friendly and good from the mornings to the evenings, but not late nights.
3.0Current Resident
11/15/2022Niche Review
The things that I like about Hyde Park is being able to be close to the Lake. It's beautiful go there during spring, summer, and fall (not so much winter, then it gets freezing with the wind). The thing that I disliked about it was the fact that there is definitly a "bubble" that you feel safe and comfortable to be around in, but outside of the "bubble" you have to be very aware of your surroundings and make sure to stay safe.
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Hyde Park Demographics and Home Trends
On average, homes in Hyde Park, Chicago sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Hyde Park, Chicago over the last 12 months is $295,000, down 26% from the median home sale price over the previous 12 months.
DELIVERING IN AUGUST! Introducing 5114 Kenwood - a collection of new construction luxury condominium residences coming soon to Hyde Park. Tucked along a quiet, tree-lined, one-way street, 5114 Kenwood is set to deliver the product missing in the neighborhood: single-level contemporary living and light-filled duplex residences - boasting incredible private outdoor living spaces - in an
DELIVERING IN AUGUST! Introducing 5114 Kenwood - a collection of new construction luxury condominium residences coming soon to Hyde Park. Tucked along a quiet, tree-lined, one-way street, 5114 Kenwood is set to deliver the product missing in the neighborhood: single-level contemporary living and light-filled duplex residences - boasting incredible private outdoor living spaces - in an
DELIVERING IN AUGUST! Introducing 5114 Kenwood - a collection of new construction luxury condominium residences coming soon to Hyde Park. Tucked along a quiet, tree-lined, one-way street, 5114 Kenwood is set to deliver the product missing in the neighborhood: single-level contemporary living and light-filled duplex residences - boasting incredible private outdoor living spaces - in an
New wide plank European French Oak engineered hardwood flooring in beautifully renovated condo with top notch views of Lake Michigan, Harold Washington Park, and the Hyde Park neighborhood. The three bedroom E tier condo is presently being utilized as a two bedroom plus family room, but can easily be used as originally designed. The kitchen has been opened up to further enjoy the lake views. The
Rare offering at the Renaissance, a high floor corner unit with both bedrooms fully enclosed. High ceilings throughout, hardwood floors in the living room and hallway, and newer luxury vinyl plank in the kitchen, high quality laminate in the bedrooms. Newer refrigerator and stove, and HVAC replaced in 2018. The bright condo also has in unit laundry, a gas fireplace, and a private balcony. Parking
Blend of original architectural details and modern updates with a spacious living room and good size 2 bedrooms and 2 bathrooms with granite countertop kitchen ; broker owned .
RESTORED APARTMENT WITH THREE NEW BATHS, NEW KITCHEN & UPDATED ELECTRIC. IN UNIT WASHER/DRYER WITH LAUNDRY ROOM. THIS IS A GREAT LOCATION AT 51ST AND WOODLAWN ON MANY BUS ROUTES, 171,172, NO 2 EXPRESS BUS TO DOWNTOWN CHICAGO. THE APARTMENT HAS LOTS OF CLOSETS. REFINISHED HARDWOOD FLOORS. BACK PORCH. EACH BEDROOM HAS A BATHROOM. LOTS OF LIGHT AND SUNROOM/OFFICE. LOCATION ON UNIVERSITY OF
City Hyde Park is a modern apartment rental community located in downtown Hyde Park. Enjoy Chicago's stunning skyline and Lake Michigan's expansive shores from your floor to ceiling windows, invite friends to play on our rooftop deck or study in the comfort of your well-appointed apartment.
2000 Square Foot Three Bedroom Hyde Park Rental! Newer Kitchen w/Viking Stove!! Formal Dining room and enclosed porch and stairwells!! Radiant Heat included in rent! No Central Air. Washer Dryer in unit and Hardwood floors throughout!! Beautiful balcony overlooking a classic Hyde Park street!! PARKING AVAILABLE!! See this today!!
Interested in learning more about homes in this area?
Reach out to
Jim Streff,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
30,596
Median Age
33
Population Density
32 ppl/acre
Population under 18
19.4%
On par with the national average
23.8%
Population over 65
14.4%
On par with the national average
19.1%
Finances
Median Household Income
$60,166
Below the national average
$71,702
Average Household Income
$94,381
Education and Workforce
High School Graduates
96.5%
College Graduates
78.7%
Significantly above the national average
34.1%
Advanced Degrees
54.2%
Significantly above the national average
13.3%
% Population in Labor Force
63.7%
Weather
Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''
Area Factors
Biker's Paradise
Bike Score®
94/ 100
Walker's Paradise
Walk Score®
93/ 100
Good Transit
Transit Score®
64/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
