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Highlights

  • Rent Special
  • 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

(844) 334-2722 ext. 7843

Open 

8:00 am–6:00 pm CT

Property Overview

5500 S. Cornell Avenue is an excellent rental option, featuring a remarkable overall Zumper expert rating of 9.7 out of 10. The property offers an impressive array of amenities and access to popular locations, with a high price rating of 10, reflecting excellent value for its offerings. Notable features include 24/7 emergency maintenance and a centralized resident services center, alongside a strong visual representation through 50 available photos.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” 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

Floor plans

5500-3bC3 bed1 bath724 sqft$1,890–$2,741 /mo
5500-4bB4 bed1 bath1,011 sqft$2,495–$3,710 /mo

Let's explore this property.

Amenities for 5500 S. Cornell Avenue

Building

Cats OKDogs OK
Fitness CenterOn-Site Restaurant
Onsite 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

Dog policy

Allowed 
Fee$350
Monthly Rent$30

Cat policy

Allowed 
Fee$350
Monthly Rent$30

Required one-time fees

Admin Fee$550
Application Fee$65
Building details

Property details

Year built1910
Units78
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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 Farmers Market, Open Produce Marker, Whole Foods, Treasure Island and Hyde Park Produce are all in within a mile of your apartment. Contact our leasing office for more information on 5500 S. Cornell Avenue, including next steps on how to arrange a tour to see our variety of floor plans available, including our 1 bedroom apartments for rent, 2 bedroom apartments for rent, 3 bedroom apartment for rent, and Hyde Park studio apartments.


Year Built: 1910

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.

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
Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

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

3-bedroom apartments at 5500 S. Cornell Avenue cost about 16% less than the average rent price for 3-bedroom apartments in Hyde Park.

4-bedroom apartments at 5500 S. Cornell Avenue cost about 11% less than the average rent price for 4-bedroom apartments in Hyde Park.

Median rents as of Sep 13 2025.
Hyde Park
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
September 2023$1,522
October 2023$1,502
November 2023$1,507
December 2023$1,565
January 2024$1,595
February 2024$1,627
March 2024$1,926
April 2024$1,745
May 2024$1,751
June 2024$1,764
July 2024$1,931
August 2024$1,691
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$1,450
A table of studio rental data trends in Hyde Park
MonthMedian Rent
September 2023$1,215
October 2023$1,138
November 2023$1,109
December 2023$1,078
January 2024$1,081
February 2024$1,050
March 2024$1,051
April 2024$1,051
May 2024$1,050
June 2024$1,066
July 2024$1,110
August 2024$1,102
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

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

$75,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $75,600 annually to afford this 3-bedrooms monthly rent price of $1,890.
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

Christopher Elementary School

5042 s artesian ave

chicago, IL, 60632

K-8Public
C
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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

7/10
At least one supermarket within a 15-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
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

4/10
Some bars within walking distance

Explore the area around 5493 S Cornell Ave

Trader Joe's
1528 E 55th St
Harper Foods
1455 E 57th St
Whole Foods Market
5118 S Lake Park Ave
Zaleski & Horvath MarketCafe
1323 E 57th St
Valley of Jordan
1009 E 53rd St

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