Not sure they are the only building with those prices, but the whole market has been in the toilet for a few years. 2625 Clark is worse as are some others. I assume you are an owner so the market has picked up recently and so will the values as time goes on.... more
The rental market in Hyde Park seems to be about like it is in most areas of the city. It tends to favor the tenant over the landlord. If anything, there are more 'nominal' rent concessions, not hikes. You should be very happy to keep your current tenant without trying to nickle & dime for a few $$ more.