"Michigan Avenue combines business and single-family living"
Michigan Avenue starts at Madison Road and with a slight jog, continues from Wasson Road through the heart of Hyde Park to where it ends at Far Hills Drive. It borders many of the business areas of Hyde Park, but is still primarily residential. Because it borders the business areas and is accessed off the many through roads, it tends to have more traffic than the strictly residential streets. At the outset, from Madison Road, it borders two strip mall areas on one side with mainly single-family homes otherwise lining the street. About two blocks down from Wasson Road, Michigan Avenue borders Hyde Park Square with its many shopping and dining options. Once Michigan hits the other side of Observatory Avenue, it is all residential; the trees also get more plentiful, especially as you reach Far Hills Drive. Most of the homes on Michigan Avenue probably average solidly in the $300-400K range, except for those closest to Far Hills, which are much larger and more expensive. There is a condo building at the corner of Michigan and Erie, right at Hyde Park Square, that are also in the upper pricing range; this is new construction from 2005.