Hyde Park Homes under $200,000

Welcome to Hyde Park, one of Chicago's most vibrant and historic neighborhoods! Nestled on the shores of Lake Michigan, Hyde Park is renowned for its rich cultural heritage, diverse community, and stunning architecture. Home to the prestigious University of Chicago, this neighborhood buzzes with intellectual energy and offers a unique blend of residential charm and urban convenience.

Hyde Park boasts an array of homes under $200,000, making it an excellent choice for first-time homebuyers, investors, or anyone looking to become part of this dynamic community. From cozy vintage bungalows to modern condos, there’s something for everyone. These affordable options provide an opportunity to embrace the neighborhood's artistic spirit while enjoying easy access to parks, shops, and restaurants.

Stroll through the tree-lined streets and discover the beautiful historic homes that reflect the neighborhood's rich past. Hyde Park is also known for its cultural institutions, including the Museum of Science and Industry, the Smart Museum of Art, and the DuSable Museum of African American History, ensuring that there’s always something to explore and learn.

With its excellent public transportation links, residents can easily navigate downtown Chicago and beyond. The neighborhood is also home to beautiful parks, such as Washington Park and Jackson Park, perfect for leisurely walks, picnics, and outdoor activities.

In Hyde Park, you’re not just buying a home; you’re investing in a lifestyle filled with culture, community, and convenience. Come see what makes Hyde Park a truly special place to call home!

Newest Hyde Park Homes under $200,000

$125,000

1 Beds ⋅ 1 Baths ⋅ 12774366 MLS ⋅ NEW Status

Spacious 1-bed condo with courtyard views in the sought-after I. M. Pei-designed University Park Condominiums. Features a functional layout with plenty of potential to make it your own. Investors welcome with no rental cap. Pet-friendly, full-amenity complex with 24-hour doorperson and on-site management on weekdays. Conveniently located near the University of Chicago, Metra, Lake Shore Drive, Lake Michigan, shopping, dining, and downtown Chicago.

1450 E 55Th Street Unit #527S, Chicago

$169,900

2 Beds ⋅ 2 Baths ⋅ 12772187 MLS ⋅ NEW Status ⋅ University Park Condos BLDG.

Welcome home to this incredibly bright and airy 2-bed, 2-bath condo in the heart of Hyde Park! This unit offers a large living room with floor to ceiling windows that flood the space with natural light; a newly updated kitchen with shaker cabinets and quartz counters; stylish bathrooms; and king-sized bedrooms. This full amenity building offers a fitness room, pool, roof deck, hospitality suite, rec room, and on-site management. Absolutely unbeatable location just steps to the University of Chicago campus, train lines, shopping, dining, and the Lakefront! This is a must see!! Sold as-is. Buyer may be responsible for 6 months HOA fees per IL Act 94-1049.

1451 E 55Th Street Unit #317N, Chicago

5135 S Kenwood Avenue Unit #406, Chicago

$95,000

1 Baths ⋅ 12761128 MLS ⋅ ACTIVE Status

Hyde Park studio condo with 1 full bath and a functional layout. The unit offers approximately 350 sq ft of living space with a kitchen, full bath, and ample storage. Parking space included. Building amenities include an on-site engineer, laundry facilities, elevator, and bike storage. Conveniently located near the University of Chicago, public transportation, Metra, shopping, restaurants, parks, and Lake Michigan. Great opportunity for an owner-occupant or investor in a convenient Hyde Park location.

5135 S Kenwood Avenue Unit #406, Chicago

$125,000

1 Beds ⋅ 1 Baths ⋅ 12760143 MLS ⋅ ACTIVE Status

Spacious, light-filled 1-bedroom, 1-bath condo in the iconic University Park Condominiums, designed by renowned architect I.M. Pei. This well-maintained unit is in good condition, move-in ready, and offers generous living space and ample closet storage. Fantastic Hyde Park location near the University of Chicago, lakefront, parks, restaurants, Trader Joe's, Whole Foods, and shopping. Convenient access to the UChicago shuttle, CTA buses, Metra, and Lake Shore Drive. Building amenities include 24-hour door staff, on-site management, landscaped courtyard with fountain, outdoor pool, fitness room, rooftop deck, laundry, bike rooms, and storage. Assessment includes heat, cooking gas, water, common insurance, and common-area maintenance. Investor-friendly building.

1400 E 55Th Place Unit #208S, Chicago

$149,900

2 Beds ⋅ 1 Baths ⋅ 12750785 MLS ⋅ PRICE CHANGE Status

Welcome to this efficiently designed two-bedroom, one-bath condo at University Park Condominiums, an architecturally significant I.M. Pei-designed community in the heart of Hyde Park. The functional layout features two comfortable bedrooms, a full bath, and a cozy living area that is easy to furnish and maintain-ideal as a primary residence or investment property. Residents enjoy 24-hour door staff, on-site management, an outdoor pool, fitness room, laundry facilities, receiving room, bike storage, and landscaped grounds. Conveniently located near the University of Chicago, Lake Michigan, parks, restaurants, shopping, buses, and Metra. Enjoy Hyde Park living in a full-amenity, pet-friendly building.

1451 E 55Th Street Unit #225N, Chicago

5529 S University Avenue Unit #4W, Chicago

$199,000

2 Beds ⋅ 1 Baths ⋅ 12745745 MLS ⋅ ACTIVE Status

Sunny and cheerful co-op in a great campus location! Recessed from the street in a leafy setting, it's a delight to come home to this perch. This top floor unit is flooded with natural light and features a stylishly remodeled eat-in kitchen, updated bathroom and refreshing color palette. Though upgraded, the vintage character of the unit is still evident in the decorative fireplace, original hardwood floors and beamed ceiling. The building has been well maintained with the installation of a new roof (tear-off in 2025) and newer lead-free water service line. The monthly assessment includes heat, cooking gas, property taxes and free laundry. A large and easily accessed storage locker is assigned to the unit. Nearby street parking is usually easy to find at the end of the school day. Owner-occupants 22 years of age and older only. Smoke-free, pet-friendly building.

5529 S University Avenue Unit #4W, Chicago

5468 S Woodlawn Avenue Unit #2E, Chicago

$184,900

1 Beds ⋅ 1 Baths ⋅ 12738165 MLS ⋅ ACTIVE Status

LOCATION! LOCATION! WALK TO THE UNIVERSITY OF CHICAGO CAMPUSES, RESTAURANTS AND NIGHTLIFE, TRADER JOE'S, METRA, BUS STOP OR THE BEACH. NESTLED IN HYDE PARK-KENWOOD HISTORIC DISTRICT, THIS SPACIOUS 1 BED 1 BATH 2ND FLOOR UNIT HAS BEEN REMODELED FROM TOP TO BOTTOM (2026), OFFERING AN ALL NEW KITCHEN WITH STAINLESS STEEL APPLIANCES, QUARTZ COUNTERS, BEAUTIFUL HARDWOOD FLOORS, TABLE SPACE AND VOLUME CEILINGS THROUGHOUT THE ENTIRE UNIT. ENJOY A BRIGHT LIVING ROOM AND FORMAL DINING ROOM WITH VINTAGE BUILT-INS, OVERLOOKING THE QUIET COURTYARD. LOVE THE LITTLE NOOK - OFFICE WITH EXPOSED BRICK OFF THE DINING ROOM TOO. 1 LARGE BEDROOM WITH LOTS OF CLOSET SPACE AND AN UPDATED FULL BATH. LOTS OF CLOSET SPACE IN THE UNIT. NICE QUIET BUILDING WITH SECURE ENTRY AND AMENITIES ALL AROUND. ENJOY THE PRIVATE BALCONY/BACK PORCH OVERLOOKING THE BACK PATIO. PETS ALLOWED. A PLEASURE TO SHOW. STRONG RESERVES: $286,376.15 RESERVE ACCT /$115,820.99 OPERATING ACCT. ***NO SPECIALS ***CORPORATE ESTATE SALE. SOLD AS-IS. SUBJECT TO THE EXECUTION OF THE AS-IS TRUST RIDER (SEE ADDITIONAL INFO TAB) AND CO-OP BOARD APPROVAL.

5468 S Woodlawn Avenue Unit #2E, Chicago

$185,000

1 Beds ⋅ 1 Baths ⋅ 12743897 MLS ⋅ ACTIVE Status

Top-floor one-bedroom, one-bath condo with views of a landscaped courtyard featuring mature trees and nicely maintained grounds. Set back off the main street in a beautifully maintained, professionally managed three-story walk-up, this unit offers a quiet retreat away from traffic noise. Being on the top floor, it enjoys an extra level of peace and quiet. The home has been freshly painted throughout, and the bathroom features a new vanity, mirror, and light fixture. The kitchen and dining area are flooded with natural light from south-facing exposures - a layout some similar units have altered, but this one preserves the open, bright dining space. Three spacious walk-in closets and an assigned large storage locker in the basement provide generous storage. Laundry facilities are located in the building's basement (three laundry rooms available); no in-unit laundry is permitted at this time. Public transportation is easily accessible, taking you anywhere in Hyde Park and downtown via CTA or Metra. Walk to the University of Chicago campus and hospital, plus nearby trendy restaurants and shops. Cat-friendly building (up to two per unit). A wonderful opportunity for comfortable, low-maintenance living.

5551 S Kimbark Avenue Unit #18, Chicago

$134,900

1 Beds ⋅ 1 Baths ⋅ 12741141 MLS ⋅ ACTIVE Status

Great location right in the heart of Hyde Park. Great natural light floods this unit. Freshly painted and Move-In Ready! Walk to Trader Joe's, Walgreens, Potbelly's , and the Hardware Store. Downtown Hyde Park with shopping, restaurants , and entertainment are just a quick 2 blocks away. Work or Attending the University of Chicago? The CTA and UGO shuttles are available to take you to campus, the hospital. 1 Garage Parking Space is included! Best deal in town!

1401 E 55Th Street Unit #509N, Chicago

$78,000

1 Beds ⋅ 1 Baths ⋅ 12740707 MLS ⋅ ACTIVE Status

THIS HIGH FIRST FLOOR ONE BEDROOM HYDE PARK CO-OP HAS A LOT TO OFFER. A SEPARATE FOYER GREETS YOU AND TAKES YOU INTO THE LARGE WEST-FACING LIVING ROOM. TWO BIG WINDOWS FLOOD THE LIVING ROOM IN NATURAL SUNLIGHT. AN EQUALLY LARGE AND SEPARATE DINING ROOM GIVES YOU LOTS OF ADDITIONAL LIVING SPACE. THE KITCHEN HAS A PANTRY PLUS DIRECT ACCESS TO AN EAST-FACING SHARED/COMMUNAL OUTDOOR DECK SPACE - A PEFECT SPOT TO RELAX, UNWIND, AND ENJOY SUMMERTIME FUN. KITCHEN ALSO HAS ENOUGH SPACE FOR A SMALL BISTRO TABLE. THE BEDROOM EASILY FITS AN OVERSIZED BED AND BOASTS A WALK-IN CLOSET. BATHROOM HAS MARBLE TILED FLOORING, ORIGINAL/NEWLY RESURFACED TUB/SHOWER COMBO WITH CRISP WHITE TILE SURROUND, PLUS A SINGLE BASIN SINK WITH RECENTLY UPDATED EXTRA-LARGE QUARTZ SURROUND. THERE'S A LONG HALLWAY THAT COULD BE USED AS A GALLERY SPACE HIGHLIGHTING PERSONAL PHOTOS/ARTWORK. STAY WARM AND TOASTY ON COLD CHICAGO WINTER DAYS THANKS TO RADIATOR HEAT THROUGHOUT. ADDITIONAL UNIT FEATURES INCLUDE: ORIGINAL OAK HARDWOOD FLOORING, MULTIPLE CEILING FAN/LIGHT FIXTURES, UPGRADED PUCK LIGHTING, PLUS EXTRA TALL CEILINGS THROUGHOUT. BUILDING IS 100 PERCENT OWNER OCCUPIED, WELL FUNDED, WITH WELL CARED FOR COMMON AREAS. THIS SOLID ALL BRICK BUILDING WITH LIMESTONE ACCENTS HAS COMMUNAL LAUNDRY, OVERSIZED PRIVATE STORAGE CLOSET, ADDITIONAL OPEN COMMON STORAGE AND BICYCLE STORAGE. AMPLE STREET PARKING IS AVAILABLE. THERE'S ALSO POTENTIAL RENTAL PARKING ON SITE AND THROUGHOUT THE NEIGHBORHOOD. A SHORT WALK AWAY IS THE UNIVERSITY OF CHICAGO CAMPUS PLUS GREAT SHOPPING AND DINING ALONG E 53RD AND E 55TH STREET. JUST BEYOND BUT STILL WITHIN HYDE PARK PROPER ARE WORLD-CLASS MUSEUMS/CULTURAL ATTRACTIONS, MANY CTA BUS/RAIL AND METRA TRAIN OPTIONS, PLUS A OUR WORLD-RENOWN LAKEFRONT AND PUBLIC GREEN SPACE.

5337 S Ellis Avenue Unit #1C, Chicago

$170,000

1 Beds ⋅ 1 Baths ⋅ 12728773 MLS ⋅ ACTIVE Status

Live in the heart of Hyde Park, where some of Chicago's best culture, dining, parks, lakefront recreation and architecture are right outside your door. Ideally located near the University of Chicago, the Museum of Science and Industry, Jackson Park, the lakefront and 57th Street Beach, this home puts you close to everything that makes Hyde Park one of Chicago's most distinctive neighborhoods. Enjoy nearby restaurants, coffee shops and shopping along 53rd and 55th Streets, with convenient access to public transportation and downtown Chicago. Tucked inside a beautiful classic brick courtyard building on tree-lined Kimbark Avenue, this spacious 1-bedroom condo combines vintage Chicago character with an incredibly functional layout. Step inside to hardwood floors, abundant natural light and generously sized rooms that feel much larger than you would expect from a one-bedroom. The separate living room offers plenty of space to relax, entertain and create a dedicated work-from-home area, while the separate dining room gives you something increasingly hard to find in today's condos a true place to sit down for dinner. The kitchen features quartz countertops, subway tile backsplash and plenty of cabinet space, while the oversized bedroom easily accommodates a large bed and additional furniture. Two closets provide exceptional storage, along with additional building storage, bike storage and on-site laundry. Radiant heat adds to the comfort and convenience. Whether you're looking for your first home, a city residence, or simply want to enjoy everything Hyde Park has to offer, 5551 S Kimbark #14 delivers space, character, location and value at an approachable price point. Come experience Hyde Park living and see just how much this condo has to offer.

5551 S Kimbark Avenue Unit #14, Chicago

$139,900

1 Beds ⋅ 1 Baths ⋅ 12716070 MLS ⋅ PRICE CHANGE Status

LOCATION! LOCATION! LOCATION! SPECTACULAR DOWNTOWN VIEWS + GARAGE PARKING! Wake up to breathtaking Chicago skyline views and stunning sunsets from this sun-drenched, north-facing 7th-floor retreat. Wall-to-wall windows turn the city into your personal backdrop. Included is a highly coveted, secure indoor garage space right next to the building entrance - a rare luxury that changes how you feel about Chicago winters. Set in the heart of vibrant Hyde Park, you're steps from the lakefront, Whole Foods, Trader Joe's, the University of Chicago, and the Obama Presidential Center. Quick access to Lake Shore Drive, expressways, and public transit puts downtown roughly 10 minutes away, with both Midway and O'Hare an easy drive. Assessments cover parking, water, heat, gas, 24/7 security, a storage unit, receiving room, on-site management, and a sun deck with 360 panoramic city views. Pool and fitness center available. Pet-friendly with on-site laundry. Contact for a private tour and additional details. Don't miss out!

1451 E 55Th Street Unit #723N, Chicago

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