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5540 Hyde Park by 3L Living is a highly rated community (8.3/10 overall) with exceptional amenities (10/10) and strong value for money (price rating 8/10), offering a competitive package in its market. With high-speed internet included, common areas suited to remote work, and at-home amenities like a fitness center, laundry, and secure keyless entry, it supports a convenient and comfortable lifestyle. Its strong location rating (9/10), transparent property information, and extensive photo set further help renters understand what to expect.
Things you’ll love
Less expensiveImages AvailableLaundry available on siteGreat for
Work-from-home| Efficiency Studio - North | Studio | 1 bath | 250+ sqft | $724–$918 /mo | 7 units available | 5540 S Hyde Park Boulevard offers vintage single occupancy units with attached private bathrooms. The units come with optional furnishings including mini-fridge, microwave, dresser, desk and bed frame with mattress. 5540 features a spacious game room and study lounge with printing station. There is a expansive community kitchen on the ground level, along with a fitness center and laundry on the lower level. 5540’s lake-side location is ideal for those looking to explore Hyde Park’s vibrancy while enjoying at home amenities like included high-speed internet, secure keyless entry and the Amazon HUB. Residents also enjoy neighborhood amenities like endless entertainment options along the lake and dining options along the 53rd Street strip – all still with easy access to Chicago’s city core. Transportation – Hyde Park & 56th Street Bus Stop – 6, 28, 55. 3 blocks East of Metra “55th,56th,57th” Stop. Easy access to Lake Shore Drive. | |
| Efficiency Studio - East | Studio | 1 bath | 250+ sqft | $724–$829 /mo | 23 units available | 5540 S Hyde Park Boulevard offers vintage single occupancy units with attached private bathrooms. The units come with optional furnishings including mini-fridge, microwave, dresser, desk and bed frame with mattress. 5540 features a spacious game room and study lounge with printing station. There is a expansive community kitchen on the ground level, along with a fitness center and laundry on the lower level. 5540’s lake-side location is ideal for those looking to explore Hyde Park’s vibrancy while enjoying at home amenities like included high-speed internet, secure keyless entry and the Amazon HUB. Residents also enjoy neighborhood amenities like endless entertainment options along the lake and dining options along the 53rd Street strip – all still with easy access to Chicago’s city core and local universities. Transportation – Hyde Park & 56th Street Bus Stop – 6, 28, 55. 3 blocks East of Metra “55th,56th,57th” Stop. Easy access to Lake Shore Drive. | |
| Efficiency Studio - West | Studio | 1 bath | 150+ sqft | $728–$918 /mo | 28 units available | 5540 S Hyde Park Boulevard offers vintage single occupancy units with attached private bathrooms. The units come with optional furnishings including mini-fridge, microwave, dresser, desk and bed frame with mattress. 5540 features a spacious game room and study lounge with printing station. There is a expansive community kitchen on the ground level, along with a fitness center and laundry on the lower level. 5540’s lake-side location is ideal for those looking to explore Hyde Park’s vibrancy while enjoying at home amenities like included high-speed internet, secure keyless entry and the Amazon HUB. Residents also enjoy neighborhood amenities like endless entertainment options along the lake and dining options along the 53rd Street strip – all still with easy access to Chicago’s city core and local universities. Transportation – Hyde Park & 56th Street Bus Stop – 6, 28, 55. 3 blocks East of Metra “55th,56th,57th” Stop. Easy access to Lake Shore Drive. | |
| One Bedroom | 1 bed | 1 bath | 736 sqft | $1,250 /mo | 1 unit available | 5540 S Hyde Park Boulevard offers vintage single occupancy units with attached private bathrooms. The units come with optional furnishings including mini-fridge, microwave, dresser, desk and bed frame with mattress. 5540 features a spacious game room and study lounge with printing station. There is a expansive community kitchen on the ground level, along with a fitness center and laundry on the lower level. 5540’s lake-side location is ideal for those looking to explore Hyde Park’s vibrancy while enjoying at home amenities like included high-speed internet, secure keyless entry and the Amazon HUB. Residents also enjoy neighborhood amenities like endless entertainment options along the lake and dining options along the 53rd Street strip – all still with easy access to Chicago’s city core and local universities. Transportation – Hyde Park & 56th Street Bus Stop – 6, 28, 55. 3 blocks East of Metra “55th,56th,57th” Stop. Easy access to Lake Shore Drive. |
Let's explore this property.
Apartment Amenities
| Central Heat | Desk |
| Electricity | Heating |
| Study Lounge | Trash |
| Water |
Appliances
| Microwave | Mini-Fridge |
| Refrigerator |
Tech
| High-Speed Internet |
Building
| Arcade Games | Bike Storage |
| Business Center | Fitness Center |
| Onsite Laundry | Residents Lounge |
| Sewer |
Grounds
| Storage |
Services
| Amazon Hub |
Other
| Dresser | Resident Referral Program |
One-time.
One-time. Refundable.
| Units | 188 |
|---|
5540 S Hyde Park Boulevard offers vintage-style apartments with modern conveniences. Residents enjoy onsite laundry, a fitness center, high-speed amenity internet, secure keyless entry, and access to the Amazon HUB. 5540 Hyde Park is a co-living building, with private bathrooms attached to each apartment. Located near the lake, 5540 provides the perfect balance of Hyde Park’s vibrant atmosphere and at-home comfort. The neighborhood offers endless entertainment along the lakefront and a variety of dining options on the 53rd Street strip, all with easy access to downtown Chicago. Transportation: Convenient access to the Hyde Park & 56th Street Bus Stop (6, 28, 55), just three blocks from the Metra “55th, 56th, 57th” stop, and easy entry to Lake Shore Drive.
Showing 8 highest rated
I put a maintenance request to maintenance for heating issues and Shaun completed the the work in a very professional and timely manner! I also had an issue with my toilet? and Tony completed that job also in a timely and professional manner! Thank you, Apt 324
Yannette Outlaw
Nov 27, 2023
This is a great complex Tony the maintenance man be on point if you trying to move somewhere pretty cheap and have good quality staff come here
Prophet Ellis
Sep 04, 2024
We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How 5540 Hyde Park by 3L Living compares to other nearby properties.
Positives
Considerations
Studio apartments at 5540 Hyde Park by 3L Living cost about 46% less than the average rent price for studios in Hyde Park.
1-bedroom apartments here are priced 34% lower than 1-bedrooms in Hyde Park.
| Month | Median Rent |
|---|---|
| May 2024 | $1,755 |
| 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 | $1,473 |
| 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 | $1,665 |
| Month | Median Rent |
|---|---|
| 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 |
| 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 | $1,338 |
Can I afford to live at 5540 S Hyde Park Blvd?
Bedrooms
Rent-to-income ratio
30%
$28,960/yr
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Studio–2 Beds
$1,170–$2,154
Near North Side • 808 N Cleveland Ave
Rooms–3 Beds
$1,150–$6,400
