Updated 5+ Days Ago
Location
1240 W Cornelia Ave, Chicago, IL 60657, USA|Lakeview
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Property Overview
1240 W Cornelia Ave offers strong overall value, with a 7.8 Zumper expert rating, competitive pricing, and a high location score that suggests convenient access to nearby points of interest and transportation. Hardwood floors add to its appeal, and the property also stands out for its value-for-money ranking and proximity to top-rated schools.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- High school nearby
Great for
Social life
Floor plans
| 4BR/1.5BA | 4 bed | 1.5 bath | 1,600 sqft | $4,000 /mo | 1 unit available | ***Available 8/6/26*** Located in Lakeview Neighborhood, This 4 Bed, 1 full + 1 Half Bath apartment w/ in-unit Laundry. This unit has 4 Spacious bedrooms, Separate Living and Dining rooms all with hardwood floors and an enclosed back porch of the kitchen. Conveniently located by the Southport Corridor and Wrigleyville with plenty of shopping and dining choices. Public transportation to Brown and Red line stations all within walking distance. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 1240 W Cornelia Ave
***Available 8/6/26*** Located in Lakeview Neighborhood, This 4 Bed, 1 full + 1 Half Bath apartment w/ in-unit Laundry. This unit has 4 Spacious bedrooms, Separate Living and Dining rooms all with hardwood floors and an enclosed back porch of the kitchen. Conveniently located by the Southport Corridor and Wrigleyville with plenty of shopping and dining choices. Public transportation to Brown and Red line stations all within walking distance.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.8
/10
Very Good1240 W Cornelia Ave is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 1240 W Cornelia Ave is a great option for renters looking for apartments in Lakeview. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1240 W Cornelia Ave is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1240 W Cornelia Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1240 W Cornelia Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
1240 W Cornelia Ave is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1240 W Cornelia Ave compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 3 miles away
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Lakeview
4-bedroom apartments at 1240 W Cornelia Ave cost about 25% less than the average rent price for 4-bedroom apartments in Lakeview.
Median rents as of Jul 25 2026.
Lakeview
Chicago
| Month | Median Rent |
|---|---|
| August 2024 | $1,676 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,658 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,495 |
| September 2024 | $1,495 |
| October 2024 | $1,467 |
| November 2024 | $1,473 |
| December 2024 | $1,483 |
| January 2025 | $1,448 |
| February 2025 | $1,485 |
| March 2025 | $1,492 |
| April 2025 | $1,495 |
| May 2025 | $1,498 |
| June 2025 | $1,540 |
| July 2025 | $1,506 |
| August 2025 | $1,460 |
| September 2025 | $1,450 |
| October 2025 | $1,450 |
| November 2025 | $1,416 |
| December 2025 | $1,434 |
| January 2026 | $1,479 |
| February 2026 | $1,519 |
| March 2026 | $1,585 |
| April 2026 | $1,595 |
| May 2026 | $1,638 |
| June 2026 | $1,648 |
| July 2026 | $1,608 |
Affordability calculator
Can I afford to live at 1240 W Cornelia Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$160,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $160,000 annually to afford this 4-bedrooms monthly rent price of $4,000.
For more information on rent affordability, visit our rent calculator.
Schools near 1240 W Cornelia Ave
Blaine Elementary School
1420 w grace st
chicago, IL, 60613
PK, K-8Public
A-
North River Elementary School
4416 n troy st
chicago, IL, 60625
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Albany Park Community Center
5101 n kimball ave 1
chicago, IL, 60625
PKPublic
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Internet available near 1240 W Cornelia Ave
Neighborhood
Lakeview | Chicago, IL
Getting around Chicago near 1240 W Cornelia Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 1240 W Cornelia Ave, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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