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Updated 3 Hours Ago

Highlights

  • Pet Friendly
  • Gated parking
  • Laundry center
  • Bike storage
  • Red brick facade
  • Extra storage
  • Quaint residential street

Location

5430 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

(872) 259-8881

Open today 

9:00 am–5:00 pm CT

Property Overview

Cornell Terrace earns a strong Zumper expert rating, with standout marks for location, quality, amenities, and trustworthiness, alongside excellent value for the price. It also offers practical advantages like gated parking, a laundry center, bike storage, extra storage, a red brick facade, and a quaint residential street, plus 23 photos that help renters preview the property.

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

9.2
Excellent
Cornell Terrace is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Dishwasher
  • Fireplace

Great for

  • Pet owners

Floor plans

crter0bdStudio1 bath411 sqft$1,350 /mo
crter2be2 bed1 bath762 sqft$1,840 /mo1 unit available
crter2bd2 bed2 bath853 sqft$2,010 /mo1 unit available

Let's explore this property.

Amenities for Cornell Terrace

Apartment Amenities

FireplaceHardwood Floor
Walk-in Closet

Appliances

Dishwasher

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Storage

Other

Extra Storage Available
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

Units14
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About Cornell Terrace

HomeApartments in ChicagoHyde Park Cornell Terrace

Located on the quaint residential street named for Paul Cornell, who began the development of Hyde Park in 1853, Cornell Terrace displays the material sensuality of the era in which it was built. Creamy sandstone details contrast with the red brick facade, with entries and windows marked by keystones characteristic of early 1920's Chicago architecture of these historic Hyde Park Chicago apartments. Colorful foliage along the landscaped entry completes the picturesque palette of these Hyde Park rentals. Cornell Terrace currently offers 1 bedroom apartments for rent, 2 bedroom apartments for rent, 3 bedroom apartments for rent, 4 bedroom apartments for rent, and Hyde Park studio apartments. Bike storage, a laundry center, extra storage and gated parking are available. The Hyde Park neighborhood has everything you need within 1 square mile. Harold Washington Park, The Midway ice rink, The University of Chicago, numerous bookstores, Whole Foods, restaurants on 53rd, 55th and 57th Str


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.
9.2
/10
Excellent
Cornell Terrace is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated Cornell Terrace
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, Cornell Terrace is a great option for renters looking for apartments in Hyde Park. 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·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.
Cornell Terrace goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Cornell Terrace 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.
Cornell Terrace 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.
Cornell Terrace 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 Cornell Terrace.
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.
Cornell Terrace 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.

Reviews from the web

Showing 1 highest rated

I have been living with Mac properties for almost 3 years now. The team really cares for their tenants and the job done by the maintenance team is spot on. Mac properties lives up to what they price for the unit. Thank you Mac Team. Keep spreading your love :)

Suma Tiruvayipati

Suma Tiruvayipati

May 13, 2019

We’re sharing just 1 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Cornell Terrace is great for:

Pet owners

  • 1 dog park within 1 mile
  • 6 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 Cornell Terrace compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen
Fireplace
Upgraded in-unit features
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 Cornell Terrace cost about 9% more than the average rent price for studios in Hyde Park.

If you decide to upgrade your space, you can expect 2-bedrooms at Cornell Terrace to be 14% less than the average for similarly sized 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 5430 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

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this studio monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Schools near Cornell Terrace

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 Cornell Terrace

Getting around Chicago near 5430 S Cornell Ave

Walking

6/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 5430 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

8/10
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

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

High schools

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

Parks

9/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

5/10
Variety of bars within a short drive

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