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Highlights

  • Pet Friendly
  • Hardwood floors
  • Quartz countertops
  • Fitness center
  • Modern living
  • Stainless steel appliances
  • Grilling areas

Location

504 Lyman Ave, Oak Park, IL 60304, USA
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Contact

Management

Avenue1 Management Corp

Leasing office

(773) 703-3200

Property Overview

504 Lyman Avenue receives a strong overall rating of 8.5 from Zumper, reflecting its excellent blend of price and value, with a notable price rating of 9 and a perfect amenities rating of 10. The property is located conveniently near top-rated schools and boasts modern features like hardwood floors and stainless steel appliances, along with an emphasis on environmental sustainability through nearby parks and public transit access. Additionally, its transparency and detailed description foster a trustworthiness rating of 8, providing renters a clear understanding of the living experience.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, 504 Lyman Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 504 Lyman Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • High school nearby
  • Elevator

Floor plans

042 bed2 bath1,005 sqft$2,695 /mo1 unit availableWelcome to Oak Park's newest apartment community — where thoughtful design meets modern living. Choose from spacious 2-bed, 2-bath homes in a boutique 23-unit elevator building. Each apartment features an open floor plan, walk-out balcony, 9' ceilings, hardwood floors, and large walk-in closets. Kitchens are appointed with contemporary cabinetry, quartz countertops, and stainless steel appliances. Stay comfortable year-round with central air and heat, plus the convenience of in-unit washer and dryer. Residents enjoy an impressive suite of amenities — a full rooftop deck with skyline views, outdoor seating and grilling areas, a fitness center, bike room, and pet wash station. Parking also available for a monthly fee. Ideally situated in one of Chicago's most walkable suburbs, you're steps from shopping, transit, and everything Oak Park has to offer. Contact us today to schedule a tour!

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Amenities for 504 Lyman Avenue

Apartment Amenities

9 ft CeilingsBalcony
DeckDryer
High CeilingsPrivate Balcony
Walk-in Closet

Appliances

DishwasherIn-Unit Laundry
MicrowaveOven/Range

Building

Bike StorageCats OK
Dogs OKElevator
Onsite LaundryRoof Deck
Water/SewerWheelchair Accessible

Grounds

Assigned ParkingExercise Room
Storage

Services

Dry Cleaning Drop-Off & PickupDry Cleaning Service
LandscapingPackage Service
Trash Removal
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

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units23
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About 504 Lyman Avenue

HomeApartments in Oak Park 504 Lyman Avenue

Welcome to Oak Park's newest apartment community — where thoughtful design meets modern living. Choose from spacious 2-bed, 2-bath homes in a boutique 23-unit elevator building. Each apartment features an open floor plan, walk-out balcony, 9' ceilings, hardwood floors, and large walk-in closets. Kitchens are appointed with contemporary cabinetry, quartz countertops, and stainless steel appliances. Stay comfortable year-round with central air and heat, plus the convenience of in-unit washer and dryer. Residents enjoy an impressive suite of amenities — a full rooftop deck with skyline views, outdoor seating and grilling areas, a fitness center, bike room, and pet wash station. Parking also available for a monthly fee. Ideally situated in one of Chicago's most walkable suburbs, you're steps from shopping, transit, and everything Oak Park has to offer. Contact us today to schedule a tour!


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 504 Lyman Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 504 Lyman Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 504 Lyman Avenue
Price·9A 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.
504 Lyman Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
504 Lyman Avenue stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
504 Lyman Avenue 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 504 Lyman Avenue 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.

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 504 Lyman Avenue compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.4 mile away
High school nearby
There is a high school 1 mile away
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

No central heat
Fewer climate control options

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Rent trends in Oak Park

2-bedroom apartments at 504 Lyman Avenue cost about 23% more than the average rent price for 2-bedroom apartments in Oak Park.

Median rents as of Mar 21 2026.
Oak Park
A table of studio rental data trends in Oak Park
MonthMedian Rent
April 2024$1,843
May 2024$1,819
June 2024$1,835
July 2024$1,803
August 2024$1,774
September 2024$1,788
October 2024$1,754
November 2024$1,754
December 2024$1,753
January 2025$1,767
February 2025$1,771
March 2025$1,759
April 2025$1,816
May 2025$1,439
June 2025$1,854
July 2025$1,895
August 2025$1,563
September 2025$1,335
October 2025$1,294
November 2025$1,424
December 2025$1,676
January 2026$1,907
February 2026$1,373
March 2026$1,295

Affordability calculator

Can I afford to live at 504 Lyman Ave?

Bedrooms

2 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

$107,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $107,800 annually to afford this 2-bedrooms monthly rent price of $2,695.
For more information on rent affordability, visit our rent calculator.

Schools near 504 Lyman Avenue

Longfellow Elementary School

715 highland ave

oak park, IL, 60304

PK, K-5Public
A-

Chicago Commons Nia Family Center

744 n monticello ave

chicago, IL, 60624

PKPublic

Chicago Commons Taylor Center for New Experiences

1633 north hamlin ave

chicago, IL, 60647

PKPublic

District 99 Early Childhood Center

5330 w 35th st

cicero, IL, 60804

PKPublic

Lindop Elementary School

2400 s 18th ave

broadview, IL, 60155

PK, K-8Public
C+
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Internet available near 504 Lyman Avenue

Getting around Oak Park near 504 Lyman Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 504 Lyman Ave, Oak Park

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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