Zumper
modified
Updated 2 Days Ago

Highlights

  • Pet Friendly
  • 24/7 emergency maintenance
  • Centralized resident services center

Location

5493 S Cornell Ave, Chicago, IL 60615, USA|Hyde Park
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Contact

Management

Mac Properties

Our team has verified this company

Leasing office

(312) 626-8085

Open 

9:00 am–5:00 pm CT

Property Overview

5500 S. Cornell Avenue earns a strong overall rating with excellent marks for price, location, quality, amenities, and trustworthiness, suggesting strong value and convenience. It also stands out for 24/7 emergency maintenance and a centralized resident services center, along with nearby pet-related resources, many photos, and a high value-for-money position.

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.

Zumper Expert Rating

9.7
Excellent
Earning an outstanding 9.7 out of 10 overall rating, 5500 S. Cornell Avenue is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Price and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • Middle school nearby
  • Less expensive
  • Images Available

Great for

  • Pet owners

Floor plans

55000biStudio1 bath335 sqft$1,170 /mo1 unit available
55000bbStudio1 bath375 sqft$1,180 /mo1 unit available
55000buStudio1 bath264 sqft$1,195 /mo
55000bhStudio1 bath335 sqft$1,215 /mo1 unit available
55000bgStudio1 bath342 sqft$1,365 /mo1 unit available
55002bb2 bed1 bath756 sqft$1,725 /mo1 unit available
55003ba3 bed1 bath724 sqft$1,895 /mo1 unit available
55004ba4 bed1 bath1,220 sqft$2,785 /mo1 unit available

Let's explore this property.

Amenities for 5500 S. Cornell Avenue

Apartment Amenities

Back PorchHardwood Floor
Stone CountersWalk-in Closet

Appliances

In-Unit LaundryWasher and Dryer

Building

Cats OKDogs OK
On-Site RestaurantOnsite Laundry

Grounds

Assigned Parking
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$350

Cat Rent

Monthly. Refund Policy: Non-refundable.

$35

Dog

Dog Fee

One-time. 2 dogs max. Refund Policy: Non-refundable.

$350

Dog Rent

Monthly. Refund Policy: Non-refundable.

$35

Questions about this property’s policies and fees?

Building details

Property details

Units65
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About 5500 S. Cornell Avenue

HomeApartments in ChicagoHyde Park 5500 S. Cornell Avenue

You’ll love the convenience of having a variety of restaurants, cafes, banks and fitness centers just steps away from your new home in our 1 bedroom apartments for rent, 2 bedroom apartments for rent, 3 bedroom apartment for rent, and Hyde Park studio apartments. Mac Properties owns and manages 90+ apartments in Hyde Park Chicago. We are deeply engrained in our community. Living in a Mac property means that you get a team of people dedicated to your building’s maintenance and your resident needs. Residents in this Hyde Park rental receive 24/7 emergency maintenance service, a centralized resident services center, and an app for service requests, neighbor conversation, and local event information. As for things to do and places to go around Hyde Park, there is a never-ending list. If you get tired of the restaurants on our block, just walk two blocks in either direction to get many more options on 53rd and 57th streets. If you are more into preparing your own meals, the Hyde Park


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.
9.7
/10
Excellent
Earning an outstanding 9.7 out of 10 overall rating, 5500 S. Cornell Avenue is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Price and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated 5500 S. Cornell Avenue
Price·10A 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.
5500 S. Cornell Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
5500 S. Cornell Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, 5500 S. Cornell Avenue receives one of the highest amenities scores.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5500 S. Cornell Avenue offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
5500 S. Cornell Avenue has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 5500 S. Cornell Avenue.
Trustworthiness·9A 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.
5500 S. Cornell Avenue has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

5500 S. Cornell Avenue is great for:

Pet owners

  • 1 dog park within 1 mile
  • 5 pet supply stores near the property
  • 1 pet hospital in the area

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 5500 S. Cornell Avenue compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Less expensive
Studio units are cheaper than other similar listings nearby
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Less expensive
The 4-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Walk-in closet
More closet space on average

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Hyde Park

Studio apartments at 5500 S. Cornell Avenue cost about 1% less than the average rent price for studios in Hyde Park.

If you decide to upgrade your space, you can expect 2-bedrooms at 5500 S. Cornell Avenue to be 23% less than the average for similarly sized apartments in Hyde Park.

3-bedroom apartments at 5500 S. Cornell Avenue cost about 32% less than the average rent price for 3-bedroom apartments in Hyde Park.

4-bedroom apartments at 5500 S. Cornell Avenue cost about 23% less than the average rent price for 4-bedroom apartments in Hyde Park.

Median rents as of Aug 15 2026.
Hyde Park
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
August 2024$1,675
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
August 2026$1,650
A table of studio rental data trends in Hyde Park
MonthMedian Rent
August 2024$1,095
September 2024$1,108
October 2024$1,078
November 2024$1,081
December 2024$1,085
January 2025$1,094
February 2025$1,091
March 2025$1,142
April 2025$1,150
May 2025$1,170
June 2025$1,144
July 2025$1,137
August 2025$1,142
September 2025$1,150
October 2025$1,161
November 2025$1,155
December 2025$1,150
January 2026$1,150
February 2026$1,150
March 2026$1,177
April 2026$1,259
May 2026$1,308
June 2026$1,239
July 2026$1,235
August 2026$1,238

Affordability calculator

Can I afford to live at 5493 S Cornell Ave?

Bedrooms

Rent-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

$47,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this studio median monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.

Schools near 5500 S. Cornell Avenue

Bret Harte Elementary School

1556 e 56th st

chicago, IL, 60637

PK, K-8Public
C

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-

Woodlawn Elementary Community School

6657 s kimbark ave

chicago, IL, 60637

PK, K-6Public
C

South Shore Fine Arts Elementary School

1415 e 70th st

chicago, IL, 60637

PK, K-8Public
C

Bronzeville Classical Elementary School

8 w root st

chicago, IL, 60609

K-6Public
A-
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Internet available near 5500 S. Cornell Avenue

Getting around Chicago near 5493 S Cornell Ave

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 5493 S Cornell Ave, Chicago

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10
Wide variety of bars within a short drive, including some within walking distance

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