$509,900
$10K PRICE DROP

Estimated payment $3,559/month

Total Views 1,646
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heating System Uses Steam
  • Kenwood Academy High School Rated A-
  • 3-minute walk to Nichols Park

About This Home

Attention Developers & Rehabbers! Rare Hyde Park Opportunity!!!! Exceptional investment opportunity in Hyde Park!!! This legal RT-4 2-flat is currently configured as three units and offers tremendous potential for redevelopment.Originally built as a three-story single-family homethe property was later converted into a three-unit building, creating multiple value-add possibilities, including: Deconversion back to a spacious single-family home, Duplex-up combining the second and third floors, Duplex-down combining the first floor and basement, Condominium conversion (subject to city approvals).This property is ideal for an experienced developer, investor, or builder looking to unlock its full potential. No garage. Sold as-is. Prefer Cash offers. Bring your vision and transform this rare Hyde Park property into your next successful project!

Listing Agent

Edrick Salomon

Select a Fee RE System License #475138651 Listed on: 08/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,948

Year Built

  • Built in 1885 | Remodeled in 2011

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,948

Year Built

Built in 1885 | Remodeled in 2011

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Conversion YN: Y

Lot Info

  • Lot Dimensions: 1976
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8948
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,948 $43,000 $12,251 $30,749
2024 $8,948 $43,000 $12,251 $30,749
2023 $5,362 $42,257 $9,880 $32,377
2022 $5,362 $26,069 $9,880 $16,189
2021 $8,497 $42,257 $9,880 $32,377
2020 $7,526 $33,785 $7,904 $25,881
2019 $7,542 $37,539 $7,904 $29,635
2018 $2,147 $10,867 $7,904 $2,963
2017 $6,516 $30,267 $6,520 $23,747
2016 $6,266 $31,285 $6,520 $24,765
2015 $3,464 $18,902 $6,520 $12,382
2014 $5,790 $31,207 $5,335 $25,872
2013 $5,676 $31,207 $5,335 $25,872
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2026 08/23/26 Price Changed $509,900 -1.9% --
08/03/2026 08/03/26 For Sale $519,900 +44.4% --
05/09/2024 05/09/24 Sold $360,000 -4.0% -- View Prior Sale
03/04/2024 03/04/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $375,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $360,000 None Listed On Document
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12723368

Midwest Real Estate Data (MRED)
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