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For A Mere $895K: Five-Flat In Hyde Park With Investment Potential

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In the market for an investment property? This sprawling, 12-bed behemoth in Hyde Park is asking $895K, after a $100K reduction earlier this year. On the market 420 days with no takers, there may be some room to negotiate. On the inside, it's a bit schizophrenic. One of the great rooms is filled up with so much furniture, including a sprawling sectional couch, it looks more like a hotel lobby than a living area. The old-school powder room had us imagining a flapper putting on her makeup before heading out to the speakeasy. But we do love all the windows, which brighten the place up and offer nice views of Washington Park. Built in 1909, the 11,400-square foot property features "lots and lots of storage" and three solariums, because one is never enough. And when the market does improve, condo conversion is always an option.
·Listing: 845 E. Drexel Sq. [Urban Search]