Chopping block: 25 percent off a vintage greystone in Hyde Park

5116 S Woodlawn Ave, Chicago 5116 S Woodlawn Ave, Chicago

This five-bedroom / four-bath greystone at 5116 S Woodlawn Ave in Hyde Park dropped to $899,000 last week, representing an overall price cut of almost 25 percent from its original July 2009 list price of $1.19 million.

According to the listing from Urban Search‘s Diane Silverman, the “beautifully restored” three-story home dates back to 1891 and features natural woodwork, two fireplaces, a double-parlor living room, a formal dining room, a gourmet kitchen with adjacent steel deck and paver-covered patio, a master bedroom with steel deck, a two-car garage, and a one-bedroom coach house.

The home last sold in 2004 for $675,000, according to Redfin. 2008 taxes are $10,717. The address gets a “Very Walkable” score of 85 and a “Good Transit” score of 65 from WalkScore.com. (Remember that Walk Score still doesn’t recognize Metra stations like the one six-tenths of a mile east at 53rd Street and Lake Park Avenue.)


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