The Hampton House is a residential condominium located in the Hyde Park neighborhood of Chicago, Illinois on the property that once housed the Hyde Park House, a hotel built by Hyde Park founder Paul Cornell in the 1850s. The property was originally named the Sisson Hotel when constructed in 1918.
Cornell, a successful lawyer, businessman and real estate speculator, purchased 300 acres (1.2 km2) of Lake Michigan lakefront land between 51st and 55th Streets in Hyde Park Township (six miles south of downtown Chicago). The land was also adjacent to the Illinois Central Railroad. Cornell employed a common speculation strategy of the day by developing near rail depots. Cornell took the extra step of lobbying for the placement of a local railroad passenger station that opened in 1856. He parceled small plots and dedicated a small lakefront park that is further discussed below. He constructed a hotel, The Hyde Park House, in the 1850s near the planned rail depot in order to introduce travelers to a new suburb that provided escapes from the cities. This became an especially successful speculation strategy as an escape from the blight and devastation of the Great Chicago Fire that was to come 1871.
The 4 story Hyde Park House was a popular summer respite for a clientele who had the time and money for extended stays. The recently widowed Mary Todd Lincoln even stayed there with her sons. It also served as host to Prince of Wales, Albert Edward during his 1860 visit to Chicago. It served as the focal point of Hyde Park social life. However, little white collar work took place in these suburbs at the time. Nonetheless such commerce formed an economy of its own by employing service workers and attracting the cashflow of guests. Within 10 years of its initial development the town population grew past 1000 residents including numerous former guests of the hotel. The hotel burned down in 1879.