$578,833Average Value$232Average Price per Sq Ft54Homes 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
It's a great neighborhood with what I personally to have some of the best food in the whole city and considering it's in Chicago, that means probably some of the best food in America by association. The people can be cool for the most part but some of them be tripping sometimes.
4.0Niche User
7/8/2016Niche Review
I just fear the neighborhood will be gentrified
5.0Current Resident
3/13/2017Niche Review
I've lived in hyde park for the past 4 years and I love it! It's on the 6 bus route, which makes it easy to get downtown within 25 minutes, and it is right next to the lake, and has an easy route straight to a bike/running path and "beaches" ;)
3.0Niche User
5/24/2015Niche Review
this neighborhood is a good outlet for finding jobs, and a good place perhaps for teenagers in school to work, but it would be wiser to go downtown for a job.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Hyde Park
US
Homicide
4
4
Sexual Assault
7
4
Assault with Weapon
5
4
Robbery
4
4
Burglary
5
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Hyde Park Demographics and Home Trends
On average, homes in Hyde Park, Chicago sell after 38 days on the market compared to the national average of 53 days. The median sale price for homes in Hyde Park, Chicago over the last 12 months is $269,000, up 15% from the median home sale price over the previous 12 months.
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 .
Welcome to your new sanctuary at 5201 S Cornell Ave, Unit 3E, nestled in the prestigious Cornell Village. This exquisite 3-bedroom, 2-bath corner condo unit is a harmonious blend of comfort and sophistication, offering an urban oasis with unparalleled amenities. As you step into this radiant home, you are greeted by a flood of natural light that dances across the spacious open-plan living area,
Bright, move-in ready 2BR condo a short walk to the University of Chicago, featuring updated kitchen with brand-new cabinets and countertops, and freshly painted interior. Hight ceiling and well lit top-floor condo with wall to wall windows facing a quite and beautifully landscoped courtyard. Features refinished hardwood floors (2020), all insulated windows and three A/C units installed in 2023,
Built in 1920, Del Prado was one of the largest of Hyde Park's fashionable apartment hotels and attracted famous visitors, including Amelia Earhart, Babe Ruth, Mickey Mantle, Yogi Berra, and Joe Dimaggio. With reverence for the original design and as well as an appreciation for contemporary lifestyles, Del Prado's 21st century renovation encompasses the complete restoration of the original
This elegant gated building with wide cobble stone walkway and center manicured floral courtyard arrangement adds a touch of class located in the heart of campus at University of Chicago. This quaint studio has hardwood flooring throughout and ample closet space. The wide kitchen nook is cut out separate from the open floor plan and best of all heat and water are included in the rent. Amenities
Vue53 is Hyde Park's most vibrant residential community. This is a student housing property, where you rent by the bed. All pricing is per bed/person. Our Studio, 1- and 2- Bedroom apartments feature stainless steel appliances, polished concrete floors, and in-unit washers & dryers. Building amenities include a 24/7 doorman, fitness center, tanning and more. Our extraordinary retail options
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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.
