Hyde Park Condos
Think Hyde Park and the words green space, landmark structures, and culture come to mind. Condos, some of which are in vintage buildings, also are becoming associated with this prestigious neighborhood Located just seven miles south of Chicago’s Loop, Hyde Park is racially diverse. It also provides a wide range of housing, from mansions to condos in high-rises, lofts and mid-rise structures.
Hyde Park boasts some world-class institutions. One of those is the University of Chicago which attracts a large number of students from across the country and world and who add to this neighborhood’s vibrant feeling. Hyde Park was founded in the 1850s as a suburb of Chicago. The green lawns, open space and well-tended homes that it boasted then continue to be assets. It housing stock includes gothic structures, mansions, contemporary high rises and new condos. Landmark structures are another part of the neighborhood’s appeal.
The Robie House, designed by the famed architect Frank Lloyd Wright is in Hyde Park. It is undergoing a multi-million dollar restoration thanks to the Frank Lloyd Wright Home and Studio which is dedicated to preserving Wright’s work. A draw for residents and tourists alike is the Museum of Science and Industry. It is housed in the only in-place surviving building from the 1893 World’s Columbian Exposition. Besides these landmark buildings, some famous people including Muhammad Ali and Marshall Field have resided in Hyde Park. Condos are plentiful here and they come in all styles and price ranges.
A studio in a high-rise can be found starting at about $115,000. With locations high in the sky, these condos are likely to feature stunning views of Lake Michigan and the city skyline. Condos in older buildings also can be affordable. A one bedroom unit in a gut rehab of an elegant, vintage courtyard buidling is about $155,000. It features an open floor plan with juliette balconies, a chef’s kitchen with maple cabinets, granite countertops, new maple hardwood floors, and a luxury bathroom with a Jacuzzi. The high-end buyer will not be disappointed by either new construction or renovations of charming, older structures in Hyde Park. For instance, a gorgeous, four-bedroom, three bath condo in an elegantly appointed vintage building is $750,000. It assets include gleaming hardwood floors, high ceilings, a solarium, marble baths and a large, eat-in gourmet kitchen and walk-in closets. Besides a variety of cultural opportunities, Hyde Park is well-situated for recreation. The neighborhood is just next to Lake Michigan where people gravitate for inline skating, jogging and cycling against the beautiful backdrop of the sun and lake.
Promontory Point, which juts into the lake, is a popular place for swimmers and sunbathers. It’s also a great place to watch annual displays of Fourth of July fireworks. Much of the lakefront land is owned and operated by the Chicago Park District which maintains and preserves it for everyone’s enjoyment. The neighborhood’s cultural diversity is reflected in its varied shops from book stores to antique shops and clothing boutiques. Restaurants feature foods from every corner of the earth from Thai to Mexican and more. The neighborhood is bordered by Cottage Grove Avenue on the west, 51st Street on the north, 61st Street on the south and Lake Michigan to the east.
The neighborhood’s conveninent location and its annual influx of young people attending the University of Chicago make it a good place for a condo that will be rented. It’s also a fine place to live where condos are sure to appreciate.