Meeting the median: Hyde Park

The median price for a home in Hyde Park (we’re talking condos, townhomes, and single-families here — no multi-unit properties) is $205,000, which happens to be the price of three homes listed in the neighborhood:

5460 S Woodlawn Ave, ChicagoUnit 3 at 5460 S Woodlawn Ave is a third-floor, two-bedroom / one-bath end unit inside a 36-unit vintage courtyard building (“one of the few remaining self managed coops that welcomes participation in management,” according to Joel Leighton‘s listing). The home has hardwood floors in the main living areas and bedrooms, ceramic tile flooring in the baths, in-unit laundry, and additional storage. It has no air conditioning, and no parking is included or offered at additional cost. Pets are allowed.

Assessments are $504 a month and cover heat, water, taxes (2008 taxes were $1,781), common insurance, security, lawn care, scavenger, and snow removal. The unit has been on the market for 93 days.

811 E Drexel Square, ChicagoUnit 1 at 811 E Drexel Square is a 1,700 square-foot, two-bedroom / two-bath condo in a vintage six-flat just east of Washington Park. It features a fireplace, granite kitchen countertops, a master suite with whirlpool tub and walk-in closet, in-unit laundry, a rear deck, central air, and unassigned gated parking.

Monthly assessments of $225 cover water, common insurance, exterior maintenance, lawn care, scavenger, and snow removal. 2008 taxes were $2,412. The home last sold in 2006 for $241,500; Kelly Baria listed it 154 days ago for $224,500.

5460 S Woodlawn Ave, ChicagoUnit 1N at 5121 S Ingleside Ave is a 1,500 square-foot, three-bedroom / two-bath condo in a vintage six-flat at 5121 S Ingleside Ave. The unit’s a bit of a fixer-upper –“jumbo condo needs some work…will be sold as is,” but at least the neighborhood “appears to be a well kept area,” all according to the listing by agent Steven Wiskerchen. The home has hardwood floors, a shared deck, and assigned parking. It also has gas heating but no A/C.

Assessments are $400 a month and cover water, parking, common insurance, lawn care, scavenger, and snow removal. 2008 taxes were $2,502. The home has been listed for 37 days; it last sold in 2007 for $239,000.

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