Hyde Park Living Within Reach - 3BD/2BA Near U of C - Priced at $235,000 - FHA Approval in Progress! Welcome to 5252 S Drexel Blvd, a rare opportunity to own a spacious 3-bedroom, 2-bath home in the heart of Hyde Park for just $235,000. In a neighborhood where homes often sell far higher, this beautifully maintained condo stands out as one of the best values on the market. Eligible buyers may also qualify for a $20,000 grant, making homeownership here even more affordable and attainable. And with the building currently in the process of obtaining FHA approval, financing options will soon expand-unlocking access for an even wider pool of buyers. If you've been waiting for the right moment to buy in Hyde Park, this is it. Inside, freshly painted interiors greet you with warmth and light. The open-concept living and dining area creates a natural gathering space, perfect for entertaining or simply relaxing after a long day. The well-appointed kitchen offers plenty of counter space and cabinetry, making cooking easy and enjoyable. The primary suite is a true retreat, complete with a walk-in closet and private bath. Two additional bedrooms provide endless flexibility-use them as guest rooms, a home office, or even a creative studio. Convenience is built in with in-unit laundry, two private storage rooms, and a secure bike room for peace of mind. Yet what truly sets this home apart is its location. Just minutes from the University of Chicago, Whole Foods, and the bustling 53rd Street/Harper Court corridor, you'll enjoy easy access to coffee shops, bookstores, dining, and nightlife. Hyde Park is one of Chicago's most vibrant and historic neighborhoods, where cultural landmarks meet everyday conveniences. Spend a Saturday morning at the Museum of Science and Industry, enjoy a bike ride along the Lakefront Trail, or take in a concert at the Logan Center for the Arts. With nearby parks, farmer's markets, and community events, this is a neighborhood that feels both lively and connected. For those commuting to the University of Chicago, the nearby 53rd Street Express Shuttle offers direct campus access. Downtown Chicago is also within easy reach by train, bus, or car, making this an ideal home base whether you work or study in the city. Financially, the opportunity here is unmatched. With the attractive price point of $235,000, potential $20,000 grant eligibility, and FHA approval in process, this home is poised to appeal to first-time buyers, those looking to downsize, and investors alike. Why rent when you can own in Hyde Park for less, all while building equity in a neighborhood that continues to thrive and grow? Opportunities like this are rare. Condos of this size, in this location, at this price point, do not come along often-and when they do, they don't last. Whether you're drawn by the financial accessibility, the unbeatable location, or the chance to finally call Hyde Park home, 5252 S Drexel Blvd delivers on all fronts. Schedule your private showing today and take the next step toward making this Hyde Park gem your own. This is more than a home-it's your entry into one of Chicago's most dynamic and desirable communities.

Listing Courtesy of MRED as distributed by MLS Grid of Fulton Grace Realty



Based on information submitted to the MLS GRID as of 2025-08-31 06:18 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-31 06:18 AM UTC
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