Perfect Blend of Modern and Vintage: A 2-Bedroom for $269,000 at 5555 S. Everett in Hyde Park

This 2-bedroom in Jackson Towers at 5555 S. Everett in Hyde Park came on the market in November 2023.

Built in 1922, Jackson Towers has 72 units. It has door staff, a bike room, an on-site manager/engineer, a receiving room and a shared laundry room. There’s no parking.

The listing says this unit has been “newly renovated” and is the “perfect blend of modern and vintage.

“No detail has been overlooked” in this designer finished space. It has new wiring, designer lighting, copper plumbing in the kitchen and bath and new windows.

It has newly refinished hardwood floors.

The unit has some of its vintage features including a foyer, a decorative fireplace in the living room and the crown molding has been restored.

It has views of the Museum of Science and Industry and Jackson Park.

The kitchen is “new” with white Shaker cabinets, glass tile backsplash, quartz countertops, energy efficient stainless steel appliances and a custom banquette in the breakfast nook.

The unit does not have a dining room but in the prior listing, it appears to have been a 1-bedroom with a dining room.

The bathroom has marble flooring and a custom glass shower.

This unit does not have central air, washer/dryer in the unit or parking.

This building is near the shops and restaurants of East Hyde Park, Trader Joe’s, the University of Chicago, the beach and several bus lines and Metra.

Hyde Park was recently named one of the top 40 coolest neighborhoods in the country by Time Out magazine.

This unit sold in 2022 for just $56,000 and has come back on the market renovated at $269,000.

Buyers love “new.”

Will this sell quickly thanks to the renovation?

Barbara Allen at Metru Real Estate has the listing. See the pictures here (sorry, no floor plan).

Unit #E-14: 2 bedrooms, 1 bath, 1400 square feet

  • Sold in April 2022 for $56,000
  • Currently listed at $269,000
  • Assessments of $1379 a month (includes heat, gas, doorman, cable, exterior maintenance, lawn care, scavenger, snow removal, Internet)
  • Taxes of $2013
  • No central air
  • No in-unit washer/dryer
  • No parking
  • Decorative fireplace
  • Bedroom #1: 20×12
  • Bedroom #2: 13×18
  • Foyer: 14×7
  • Living room: 24×15
  • Kitchen: 19×8

63 Responses to “Perfect Blend of Modern and Vintage: A 2-Bedroom for $269,000 at 5555 S. Everett in Hyde Park”

  1. AMV = $159,480, so taxes for a non-senior would be about $3200, unless/until re-ass.

    It’s nice–and nicer than the nicest of the others also currently listed:

    https://www.redfin.com/IL/Chicago/5555-S-Everett-Ave-60637/unit-D6/home/187419568

    But is it enough nicer to not spend $50k for another 1,000 sqft?

    Is there any practical rental parking available?

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  2. “Is there any practical rental parking available?”

    I’m sure there is rental parking in one of the other buildings on the street, right? Several high rises there.

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  3. This is one of the most updated units I’ve seen in the building in a long time. Seems like people are loyal to the Hyde Park vintage units. They bought 30 years ago. But many have not updated. That’s why it sold so cheaply last year.

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  4. “Hyde Park was recently named one of the top 40 coolest neighborhoods in the country by Time Out magazine.”

    Cant square that with “Where fun goes to die”

    Not a bad remodel,

    This doesnt feel like 1400sf.

    There are some cool units in these older buildings, unfortunately I dont think they appeal to the vast majority of buyers. Buying in these buildings and especially in HP is High risk/Low reward prop.

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  5. “Cant square that with “Where fun goes to die””

    Because you haven’t been to Chicago in years, JohnnyU, and haven’t LIVED in Chicago in 30+ years. Your comments about the neighborhoods from hundreds of miles away are just stupid. It’s one thing to comment about real estate. It’s another thing to act like you have ANY clue about the neighborhoods.

    Come on. What you thought you knew about Hyde Park from 30 years is not relevant to whether its a cool neighborhood today.

    I shudder to think what you believe the West Loop or Fulton Market are like today.

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  6. “Buying in these buildings and especially in HP is High risk/Low reward prop.”

    Hyde Park is a very popular neighborhood where properties sell quickly. It’s affordable and people want to be around the university. And now that it has a Whole Foods and Trader Joe’s, as well as a bunch of newer restaurants, it’s becoming more attractive to many.

    But buying in any of the vintage buildings, anywhere in the city, is a harder sell due to maintenance costs and lack of amenities compared to newer buildings.

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  7. ““Cant square that with “Where fun goes to die””

    “Because you haven’t been to Chicago in years”

    Um, have you never heard of this?

    https://www.newyorker.com/books/page-turner/chicago-where-fun-comes-to-die

    Many more recent cites to same. I’ll let everyone google that for themselves.

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  8. “Many more recent cites to same. I’ll let everyone google that for themselves.”

    The school is not Hyde Park. And, honestly, haven’t heard anyone refer to the school, which is one of the most popular in the nation, in that way in a long, long time.

    The school has changed a lot in the last 10 years. They have vowed to double the size of the undergraduate school, which should really help the overall feel of the campus. The grad students never cared about campus life.

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  9. “The school is not Hyde Park. And, honestly, haven’t heard anyone refer to the school, which is one of the most popular in the nation, in that way in a long, long time.”

    Do you even live in Chicago?

    When caught making an idiotic statement, dont go all in on crazy

    Embarassing

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  10. “Hyde Park is a very popular neighborhood where properties sell quickly. It’s affordable and people want to be around the university. And now that it has a Whole Foods and Trader Joe’s, as well as a bunch of newer restaurants, it’s becoming more attractive to many.

    But buying in any of the vintage buildings, anywhere in the city, is a harder sell due to maintenance costs and lack of amenities compared to newer buildings.”

    I’m not anwhere drunk enough to even try and make sense of this

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  11. “haven’t heard anyone refer to the school… in that way in a long, long time.”

    Looks (based on prior years) like it’s probably your oppurtunity to get the shirt in the next few weeks:

    https://www.facebook.com/events/the-university-of-chicago-usa/where-fun-comes-to-die-shirt-sale/3045700719044702/

    “which is one of the most popular in the nation”

    UC gets about 60% as many applications as Northwestern. It’s not even the “most popular” competitive admissions college in Cook County.

    “They have vowed to double the size of the undergraduate school”

    This is already baked in the cake. Goal accomplished. They are certainly NOT going to double it again.

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  12. Queuing up more Sabrina inane ramblings

    Your complete unwillingness to accept that UofC is known as the place where “Fun goes to Die” is a weird hill to die on. Its known world wide, not just in Chicago.

    You have this very troubling personality disorder where you have to try and prove me wrong and are unwilling or unable to acknowledge that you are grossly in error

    Take the L and move on

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  13. “Come on. What you thought you knew about Hyde Park from 30 years is not relevant to whether its a cool neighborhood today.”

    Is it cooler than it was 10 years ago? That’s when I last lived in the city, which is apparently a requirement for knowing what areas are cool. Of the approx 20 U of C law grads in my firm’s class year, I can think of 2 who continued to live in HP after graduation. One grew up there, and I recall her saying that she’d probably live there forever. The other had done a JD/MD, and his parents bought him a place to live in given the longer stretch, but he moved to the northside once he got into a relationship. Then again, while that U of C group were all very smart folks, “cool” wouldn’t be the first word I’d use to describe them, so perhaps they just didn’t know any better.

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  14. FYI, its faculty, parents at Lab and doctors/nurses at the UChicago hospital that are buying in Hyde Park. Those groups seem to be plenty fun and affluent in my experience. Students aren’t buying for their short stay, and if they do end up as your neighbors, all the better if they’re boring.

    I’ll add almost people don’t realize how white hot single family homes are in Hyde park. I’d venture most don’t ever hit the MLS and sell by word of mouth. I know several people that have been waiting for years to find something and would by anything walking distance to the university.

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  15. JohnnyU. If you want to be a MLA, go get your own blog. Not sure what an MLA is? Try UrbanDictionary.com.

    And before you tell me to go back to the suburbs, I’m a condo property manager downtown for over a dozen years, and have lived in the South Loop for over 25 years.

    Stuff it. I don’t come here to read your blather, I like seeing how some of the properties I’ve managed have progressed.

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  16. “Not sure what an MLA is? Try UrbanDictionary.com.”

    The first page of results offers 7 answers, 2 each for:

    Modern Language Association &
    Member of Legislative Assembly.

    The other 3 are:
    Mouth Like Anus (as in, actual physical appearance)
    Master of Liberal Arts
    My Life’s Awesome

    **confused**

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  17. “I’ll add almost people don’t realize how white hot single family homes are in Hyde park. I’d venture most don’t ever hit the MLS and sell by word of mouth. I know several people that have been waiting for years to find something and would by anything walking distance to the university.”

    SFH have always been HAWT ™ in HP, but this isnt a SFH and the HAWT-ness is very selective

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  18. “And before you tell me to go back to the suburbs, I’m a condo property manager downtown for over a dozen years, and have lived in the South Loop for over 25 years.”

    Ooofff

    “Stuff it. I don’t come here to read your blather, I like seeing how some of the properties I’ve managed have progressed.”

    Toilet

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  19. “Students aren’t buying for their short stay, and if they do end up as your neighbors, all the better if they’re boring.”

    Right. Students are not going to buy unless you’re Bill Gates and then you DO buy a house for your son to live in while an undergrad. Lol. They sold it after he graduated.

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  20. “Of the approx 20 U of C law grads in my firm’s class year, I can think of 2 who continued to live in HP after graduation. One grew up there, and I recall her saying that she’d probably live there forever.”

    No way I’m living all the way in Hyde Park if I’m at a big major law firm working 80 to 100 hours a week. No thanks. Wolf Point East for me. Got to be able to get home quickly.

    Lawyers aren’t really a good example of who chooses Hyde Park, you know?

    Affordability is a large part of it. Prices are just much cheaper than the north side, at least on condos and some townhouses. Transportation still not great but you have the Metra and the No 6. In the summer, can take the No 10.

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  21. “Your complete unwillingness to accept that UofC is known as the place where “Fun goes to Die” is a weird hill to die on. Its known world wide, not just in Chicago.”

    Nah. Maybe 30 years ago (and even then, my husband doesn’t really recall hearing the phrase while he was a student there but he was in graduate school and not paying any attention.) It definitely was slow going in the 1990s. No sports. No bars. Not many frats or anything much going on. You went to class and that was it.

    But it’s helped that they’ve doubled the undergrad now so it’s a lot more lively in terms of social life.

    Hard to believe that 38,000 kids would apply to go there if it still was where fun goes to die. Lots of other schools that would offer more, right?

    Things change. Schools change. A lot has changed at the University of Chicago.

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  22. “UC gets about 60% as many applications as Northwestern. It’s not even the “most popular” competitive admissions college in Cook County.”

    Huh????

    It gets 38,000 applications and let’s in 6%. What are you smoking?

    It’s now in the top 10 choice for many students and nearly impossible to get into. Also costs and arm and a leg but they do have the really good full-ride scholarships now. It’s smaller than Northwestern, isn’t it? The schools couldn’t be more different with one being in the Big Ten and the other not. Division 1 school and all.

    As far as growth of the undergraduate college, they reached about 7,000 a few years ago but I read that they want about 8,000. Have to make sure you have the housing to do it and they may not.

    Expanding the undergraduate college has transformed the school.

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  23. Also, because some old alums sell “where fun goes to die” shirts, you think that’s still the mo there?

    Eyeroll.

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  24. “I’m not anwhere drunk enough to even try and make sense of this”

    Glad to see you’re admitting it’s you with the drinking problem, as many of us has suspected. You mention it far too often to not have the problem yourself. I hope you are getting help JohnnyU.

    Also, haven’t you been commenting on this blog for about a decade. How is it possible you still do not understand that:

    100 year old properties with few units take a long time to sell because maintenance costs are higher and that means higher HOAs and assessments, in general.

    It could be in the hottest neighborhood in Chicago, and it would still take longer to sell.

    And if it’s a co-op, it will take even longer.

    Otherwise, the neighborhood is popular and inventory is low. There are many people who want to live near the university or be around bookstores. University of Chicago is a unique campus in the middle of one of America’s biggest cities. And there are now amenities like Whole Foods, Trader Joe’s and movie theaters and new hotels and restaurants. As someone else said already, many properties sell quickly due to demand.

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  25. “Do you even live in Chicago?”

    Yep. And my husband is a U of C graduate. We get the lovely alumni magazine.

    School has changed in the last 30 years. Dramatically.

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  26. “Is it cooler than it was 10 years ago?”

    10 years is a new generation. So, yeah, I would say it’s cooler than 10 years ago if Time Out magazine now puts it on the list.

    10 years is forever. Especially after COVID.

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  27. “It gets 38,000 applications and let’s in 6%. What are you smoking?”

    The 65,000+ applications that NWU gets.

    I was making a factual statement.

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  28. “because some old alums”

    Current residents of Thangaraj House. Who are (of necessity) current UC undergrads.

    Do you bother reading links?

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  29. “they reached about 7,000 a few years ago but I read that they want about 8,000”

    The 7,000 was the doubling. There is no “want to” about that. Did.

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  30. “The schools couldn’t be more different”

    Oh gtfo.

    If they “couldn’t be more different” you’re *supporting* the “Where fun comes to die” trope. Sheesh.

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  31. “If they “couldn’t be more different” you’re *supporting* the “Where fun comes to die” trope. Sheesh.”

    Again, my husband went to University of Chicago and everyone else I know went to the Big Ten for college, including Northwestern.

    They couldn’t be more different. Chicago is used as a substitute for filmmakers for Harvard. It has the common core. You read and write there. It attracts very smart kids who don’t care if they’re at the football or basketball game on the weekends. Northwestern is Big Ten. It has Division 1 athletes in all the sports. It has one of the best theater and journalism schools in the country. It’s graduate schools are mostly off campus making for a very different experience. Undergrads are not mingling with law students and vice versa.

    Northwestern has Evanston which has a great selection of restaurants. I would say it has more choice than Hyde Park in that regard but someone could argue against me.

    A student who applies to both Northwestern AND to University of Chicago does not know themselves well. Very different experiences.

    Just because you’re intellectual doesn’t mean that that is where “fun goes to die.” May U of Chicago live long and prosper with its culture. Very unique.

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  32. “The 7,000 was the doubling. There is no “want to” about that. Did.”

    That’s what I said. However, I read somewhere that they want 8,000. But may not have the housing for it. They did have to build a new dorm to even get to 7,000.

    It has completely transformed the school. Like night and day since my husband was there. No one cared about the undergrads back then.

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  33. I don’t have facebook anon(tfo). Sorry.

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  34. “The 65,000+ applications that NWU gets.”

    And? U of Chicago is one of the most popular and most competitive schools to get into in America. Apparently, Northwestern is too. But wait, it would really be hell trying to get into University of California at Los Angeles which get over 100,000 applications a year.

    Getting rid of SAT/ACT scores has really thrown admissions for a loop, hasn’t it? Lol. Also, the common application.

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  35. “Time Out magazine now puts it on the list.”

    How sad that this is your best counter argument

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  36. “And?”

    “UC gets about 60% as many applications as Northwestern. It’s not even the “most popular” competitive admissions college in Cook County.”

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  37. “I don’t have facebook”

    I probably do, but am not logged in. I can still see the page I linked, even with a pretty harsh corporate firewall.

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  38. “That’s what I said.”

    Hmm…let me check what you wrote that elicited that reply from me.

    [getting in the wayback machine]

    Found it!! Practically a miracle.

    “They have vowed to double the size of the undergraduate school, which should really help the overall feel of the campus.”

    All written in the future tense–as an expectation of what will happen sometime in the future. Would be pretty prescient, if written in, say, 2001. But it was written this week.

    Linky, for those who don’t trust:

    https://cribchatter.com/perfect-blend-of-modern-and-vintage-a-2-bedroom-for-269000-at-5555-s-everett-in-hyde-park/#comment-1250155

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  39. “They couldn’t be more different.”

    Absurd!

    If you mean “they couldn’t be more different, in a set that includes *only* the top 15 private universities”, you may have a point.

    “May U of Chicago live long and prosper with its culture.”

    If that wasn’t intentional, it’s much funnier than if it was intentional.

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  40. …yet they continue to scrape by

    https://www.nbcchicago.com/news/local/chicago-university-ranked-among-worlds-10-best-in-recent-ranking/3163463/

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  41. US News puts Northwestern ahead of UC in their most recent rankings.

    https://www.usnews.com/best-colleges/rankings/national-universities

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  42. no question that both are exceptional schools and great for the city

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  43. “…yet they continue to scrape by”

    “Best” =/= “popular”.

    “Popularity” is a spurious measure, in any case. Espeically in the common app era.

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  44. “Absurd!”

    At least we know anon(tfo) didn’t go to either U of Chicago or Northwestern. Someone who has gone to one, knows the difference. They are 100% completely different places to get an education.

    University of Chicago is extremely unique. Back when my husband was there, they sent more students to graduate school than any other university in the country (as a percentage). It was something like 3/4ths went on to another degree. I don’t know if it’s still the same these days. I can’t imagine the cost of going there 4 years undergrad and then going on to law school or getting a PhD today though. Whoa.

    It’s a really unique place. Not for everyone though. But they DO have a football team now. Lol. And they won the national championship in men’s soccer last year.

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  45. “I probably do, but am not logged in. I can still see the page I linked, even with a pretty harsh corporate firewall.”

    I don’t click on Facebook anon(tfo). Ugh.

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  46. “It’s a really unique place. Not for everyone though. But they DO have a football team now. Lol.”

    You are really old if you have memories of the Maroons not having a football team

    Do you even live in Chicago?

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  47. “extremely unique”

    Guess we know someone else didn’t go to either U of Chicago or Northwestern.

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  48. “I can’t imagine the cost of going there 4 years undergrad and then … getting a PhD”

    If you’re paying tuition for a PhD, you’re doing it wrong.

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  49. Is all the U of C and Northwestern discourse above a result of the statement of U of C being “where fun goes to die”? We all know that they sell shirts that say that *AT* the U of C, right?

    My mother-in-law was a professor at U of C for decades (after a stretch at Northwestern). At the firm where I spent my first five years, U of C law usually fielded the largest percentage of summers and first years each year (typically followed by Northwestern, Harvard and U of IL). We had a membership at the museum of science and industry and spent a lot of time around there. I guess I was thus about as familiar with it as one could be without having gone there. I don’t think anyone is attempting to say that U of C isn’t a great and selective university – it’s just that HP’s “popularity” (from a real estate hotness standpoint) is limited almost entirely to folks associated with the university/hospital, and to suggest that it’s a hot neighborhood on par with the various other popular neighborhoods in the city is peak-fluff/marketing-magazine nonsense.

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  50. “Is all the U of C and Northwestern discourse above a result of the statement of U of C being “where fun goes to die”? We all know that they sell shirts that say that *AT* the U of C, right?”

    To be fair, its one screen name that cannot accept that UChicago is “Where fun goes to die”

    throw in a bunch of crazy 1/2 truths by said poster and you get what we have here LOL

    “My mother-in-law was a professor at U of C for decades (after a stretch at Northwestern). At the firm where I spent my first five years, U of C law usually fielded the largest percentage of summers and first years each year (typically followed by Northwestern, Harvard and U of IL). We had a membership at the museum of science and industry and spent a lot of time around there. I guess I was thus about as familiar with it as one could be without having gone there. I don’t think anyone is attempting to say that U of C isn’t a great and selective university – it’s just that HP’s “popularity” (from a real estate hotness standpoint) is limited almost entirely to folks associated with the university/hospital, and to suggest that it’s a hot neighborhood on par with the various other popular neighborhoods in the city is peak-fluff/marketing-magazine nonsense.”

    You’re wasting your time trying to convince the one poster. Pretty soon she’ll be boiling rabbits at the mention of “Where fun goes to die”

    A pretty good “go-by” in determining if HP is HAWT ™ is to ask when the last time you went there for anything other than S&I or the U

    For almost all the answer is never

    – queue sabrina and a bunch of her imaginary friends going to HP all the time

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  51. Back to the unit:

    “Will this sell quickly thanks to the renovation?”

    Open house on Sunday; if it isn’t u/c before T’giving, I say it will no longer count as “quickly”, so we’ll know soon.

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  52. “– queue sabrina and a bunch of her imaginary friends going to HP all the time”

    I have a friend who lives there and go every few months. It’s lacking the restaurant scene of other neighborhoods but it’s nice in the summer when the students aren’t there and you want to just relax and eat outside. The art fair is also fantastic. I recommend. It’s a true neighborhood, though, which has all the amenities for those who live there. No real reason to go there if you don’t know someone who lives there or live there yourself. Unless you’re going to one of the many museums.

    But Timeout called it one of America’s coolest neighborhoods. What is your definition of “cool”? I’m sure Timeout gave it in the article.

    Is it a “cool” neighborhood? In my opinion, with my definition of cool, yes. Yes it is. Great parks. Nice restaurants. The Point is fantastic. A great beach. Fantastic bookstores. Wonderful architecture and one of the most beautiful campuses in the nation. Great museums too.

    It’s a very intellectual neighborhood where artists, writers and the like can still afford apartments and condos. I once met a writer who had a condo in Streeterville, where he lived full time, and bought a condo in Hyde Park years ago to have a place to write. How wonderful.

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  53. “and to suggest that it’s a hot neighborhood on par with the various other popular neighborhoods in the city is peak-fluff/marketing-magazine nonsense.”

    No one said it was “hot” anonny (although homes will sell within a day there, so in terms of real estate, yes, it is “hot.” But that’s lack of inventory for you.)

    Timeout said it was “cool.”

    There’s a difference between those words, right?

    When was the last time you were there anonny? I doubt it has changed all that much if it hasn’t been in a decade, except that there are a bunch of new high rises, two new hotels, and a handful of new restaurants. Oh, and a Trader Joe’s. Still some open lots that need to be developed. Crime has recently spiked despite the U of C police force still driving around. Mostly muggings but still concerning. It’s still a quiet, intellectual and arty neighborhood. But now it has a Small Cheval. Lol.

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  54. “If you’re paying tuition for a PhD, you’re doing it wrong.”

    Wrong. Ba ha ha ha ha. When the husband was at U of C in the 90s, no one got tuition. But that was before they did the big push for the endowment. I have no idea if they’re doing it now. But hopefully those U of C undergrads went somewhere else that maybe did give them tuition. Still going to pay outrageous sums for room and board though.

    Don’t do it. No need for a PhD. Lol.

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  55. “Guess we know someone else didn’t go to either U of Chicago or Northwestern.”

    You wish you knew, right? But I’m an old man who runs a website about apartments. Oh wait, but I’m not.

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  56. “You are really old if you have memories of the Maroons not having a football team”

    Like I said, my husband was there in the 90s. I don’t recall them having a football team then. Maybe they did but he was in graduate school and didn’t bother with that nonsense.

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  57. “Like I said, my husband was there in the 90s. I don’t recall them having a football team then. Maybe they did but he was in graduate school and didn’t bother with that nonsense.”

    Anyone familiar with Chicago knows UC has had football since the 70’s. Embarrassing

    He didnt bother with that nonsense is exactly why UC is called “Where fun goes to Die”

    Is your husband George Glass?

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  58. “But Timeout called it one of America’s coolest neighborhoods. What is your definition of “cool”? I’m sure Timeout gave it in the article.”

    We’ll if Timeout says its cool, its got to be true

    “Is it a “cool” neighborhood? In my opinion, with my definition of cool, yes. Yes it is. Great parks. Nice restaurants. The Point is fantastic. A great beach. Fantastic bookstores. Wonderful architecture and one of the most beautiful campuses in the nation. Great museums too.”

    Cool to you is watching a double feature of Murder she wrote and Matlock with a box of wine. I like HP, cool would not be the adjective that came to mind

    “It’s a very intellectual neighborhood where artists, writers and the like can still afford apartments and condos. I once met a writer who had a condo in Streeterville, where he lived full time, and bought a condo in Hyde Park years ago to have a place to write. How wonderful.”

    Sure

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  59. “When the husband was at U of C in the 90s, no one got tuition”

    Huh, so my friend who was getting a PhD in a hard science, and not only paying zero tuition (yes, including the masters) but also getting stipend, didn’t exist?

    Anyway, we aren’t talking about the 90s–tuition was relatively cheap back then–we were talking about *now*. And *now* if you are paying tuition to get a PhD, you are doing it wrong (ie, it’s a *terrible* investment).

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  60. “he was in graduate school”

    +

    “The grad students never cared about campus life.”

    =

    No clue about campus life in the 90s.

    QED.

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  61. “Still going to pay outrageous sums for room and board though.”

    How many US-citizen UC PhD students live in campus housing?

    Based on the UC Grad student housing guide:

    https://grad.uchicago.edu/wp-content/uploads/2018/06/GRAD-Housing-Resource-Guide-6.6.18.pdf

    it would appear to be ZERO.

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  62. I’ve been chuckling at this discussion all week, thanks for the free entertainment.

    U of C isn’t in the best financial shape these days, they had to sell off most of their residential, non-dorm, properties a few years ago and have a lot of debt.

    https://chicagomaroon.com/40486/news/uchicago-professor-sounds-alarm-over-troubling-university-finances/

    I have friends & family in Hyde Park and they complain about not having a full-line grocery nearby – Trader Joes and WF are specialty stores (and the WF is small and poorly stocked as far as those go) and the nearest Jewel is also small and poorly stocked. There’s lots of ordering groceries online or trips to Roosevelt or Costco for groceries.

    Most of the new high-rises are full of downtown workers and wealthy graduate students (many foreign). Hyde Park is the entertainment center of the south side more than attracting people from the north side and those are the bulk of people moving to the area.

    It’s always been an expensive neighborhood for renting and the prices of units for sale have caught up with that, especially as Woodlawn and Oakland have caught up over the past 5-6 years. A lot of wealth has been attracted in lab school parents and people wanting to be near the Obama Center for some reason or other. I also don’t buy the private sale of houses line – my friends neighbors tried to sell their house for 7 figures and couldn’t get their price and decided not to sell. It’s definitely not the same “academic” neighborhood it used to be.

    Now back to Jackson Towers – according to my friends only two buildings around it might have available parking (the other high-rises that have parking have wait lists for residents so certainly aren’t renting parking to non-residents) and that isn’t necessarily readily available, although there is a valet service for remote parking. Great building otherwise.

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  63. Sold in Jun-24 for $250k.

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