Hyde Park Multifamily Homes & Duplexes for Sale

/32
$1,325,000
- 15 Beds
- 10 Baths
1347 E Hyde Park Blvd, Chicago, IL 60615

EXCEPTIONAL OPPORTUNITY IN PRIME HYDE PARK, ONE OF CHICAGO'S TOP THREE HOUSING MARKETS. AND WHERE THERE HAS BEEN A TREMENDOUS INFLUX OF MULTI-MILLION DOLLAR RESIDENTIAL AND COMMERCIAL DEVELOPMENTS. RARELY AVAILABLE, THREE (3) ENORMOUS APARTMENTS PLUS A FULL SEMIFINSIHED BASEMENT IN THE HEART OF HYDE PARK AND MINUTES FROM THE UNIVERSITY OF CHICAGO. EACH UNIT FEATURES 9 RMS, 5 BEDROOMS, AND 3

Jerome Ettinger Ettinger Realty, Ltd.

1347 E Hyde Park Blvd, Chicago, IL 60615
/8
$6,290,000
- 65,000 Sq Ft
5200 S Woodlawn Ave, Chicago, IL 60615

This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include three 3-bedroom 2 full bathroom apartments, twelve 2-bedroom 2 full bathroom apartments and seven

Donna Schwan MetroPro Realty LLC

5200 S Woodlawn Ave, Chicago, IL 60615
/2
$2,990,000
5140 S Kimbark Ave, Chicago, IL 60615

This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include four 4-bedroom 3 full bathroom apartments, two 4-bedroom 2 full bathroom apartments and a garden

Donna Schwan MetroPro Realty LLC

5140 S Kimbark Ave, Chicago, IL 60615

Illinois Chicago Hyde Park

About Hyde Park

Hyde Park, located in Chicago, is a neighborhood rich in history and cultural significance, known for its proximity to Lake Michigan and the University of Chicago. The area has evolved over the years, now featuring a mix of historic and modern housing options, including modest wooden homes, grand mansions, Italian villas, and luxury high-rise condominiums. The neighborhood's eclectic dining scene includes diverse options such as Medici, La Petite Folie, Valois, and Jimmy’s Woodlawn Tap, with 53rd Street being particularly trendy. Hyde Park also boasts several independent shops and three notable indie bookstores around 57th Street, enhancing its scholarly atmosphere. Attractions include the Robie House, the Oriental Institute, the Smart Museum of Art, and the Museum of Science and Industry. The DuSable Black History Museum is another cultural highlight. The neighborhood is served by Kenwood Academy High School, which has a strong connection with the University of Chicago. Hyde Park is greener than many urban areas, with Nichols Park, the Garden of the Phoenix, and the Midway Plaisance offering ample outdoor spaces. The 57th Street Beach and Promontory Point are popular spots during warmer months. The neighborhood is pedestrian-friendly, with limited parking encouraging walking, biking, and the use of public transportation, including Metra trains and buses. Hyde Park is considered safer than the national average, making it an attractive option for homebuyers seeking a vibrant, historically rich community.

Learn more about living in Hyde Park

Home Trends in Hyde Park, IL

On average, homes in Hyde Park, Chicago sell after 39 days on the market compared to the national average of 47 days. The average sale price for homes in Hyde Park, Chicago over the last 12 months is $337,014, up 9% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$237,000

Median Single Family Price

$1,450,000

Median Townhouse Price

$686,500

Median 2 Bedroom Price

$207,500

Median 1 Bedroom Price

$145,000

Average Price Per Sq Ft

$225

Number of Homes for Sale

Last 12 months Home Sales

289

Months of Supply

2.90

Median List Price

$258,000

Median Discount From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Hyde Park, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $1,325,000 to $6,290,000, there's something for every budget. As of April, 2025 the median home price in Hyde Park, Chicago is $258,000, while the average sale price is $337,014, providing insight into local market trends. On average, multi-family homes spend 39 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Hyde Park, Chicago.

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