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What Does $500K Get You in Kenwood?

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This 5-bed/4.5 bath duplex condo belongs to a stately 1929 gated building facing onto the linear Madison Park, and a block north of a handsome stretch of Hyde Park Blvd. The two-story corner unit has ample southern exposures, bright paints, and hardwoods throughout. Quite a large condo at 3,300 sf. Asking $549,000 w/ assessments of $602/mo.
·Listing: 1364 E Madison Park #1 [MetroPro]

Listing: 4906 S Ellis Ave [Zillow]
The Skinny: You would expect a few of these in Kenwood: A mansion fixer-upper. This 1890 brick monster recently went through foreclosure and is back on the open market for $499,000. Only ambitious types should apply. There are no interior pics, so you can imagine the surprises in store. Basic dimensions are 5,000 sf with six bedrooms and 3 baths.

Listing: 1215 E 46th St. [Keller Williams]
The Skinny: A 4-bed/3.5 bath new construction single fam at the corner of 46th and Woodlawn, this listing has a number of nice amenities like a pair of fireplaces, a pair of wet bars, and surround-sound wiring in the finished basement rec room. Unfortunately, like its nearly identical next-door neighbor, the house is marooned on a larger stalled development plot, resulting in the wrong kind of greenspace. Not crazy about the block? At least there's a private deck and rooftop. Asking $515,000.

Listing: 4950 S Chicago Beach Dr. #21B [Urban Search Corp]
The Skinny:This 3,000 sf co-op occupies part of the top floor of Art Deco landmark, The Powhatan. Vintage finishes include parquet floors, limestone details, walnut doors, and a wood-burning fireplace. It also has central air and in-unit laundry. The 1929 building was ahead of its time in the amenity department, featuring a heated indoor pool and a rooftop ballroom. Asking $425,000. A likely deal breaker: $3,025 a month in assessments and association dues.

Listing: 4742 S Ellis Ave #1 [Urban Search Corp]
The Skinny: This 4-bed/3-bath condo occupies the ground floor of a newly restored three-story building. Large rooms, hardwoods, two fireplaces, a sun room, and a porch over 3,000 sf. Asking $465,000 w/ a low monthly assessment of $275.