2 Days Ago
Highlights
- Comfortable living space
- Convenient amenities
- Bustling neighborhood
Location
5047 N Central Park Ave, Chicago, IL 60625, USA|North Park
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Property Overview
5047 Central Park offers a comfortable living space within a bustling neighborhood, enhanced by convenient amenities. With a Zumper Expert Rating indicating its quality, the property is well-regarded despite being a distance of approximately 3.3 miles from public transport and 4.2 miles from the nearest grocery store.
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.
Things you’ll love
High school nearby- Less expensive
Great for
Eco living
Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | $1,880 /mo | 1 unit available | Introducing a spacious 3-bedroom, 1-bathroom apartment in Albany Park. This apartment offers convenient amenities such as coin laundry, storage, and parking. Located in a bustling neighborhood, this apartment is perfect for those looking for a comfortable and practical living space. Don't miss out on the opportunity to make this apartment your new home. Contact us today for more information and to schedule a viewing. |
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Amenities for 5047 Central Park
Apartment Amenities
| Central Heat | Heating |
| Trash | Water |
Building
| Coin Laundry | Onsite Laundry |
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
Building details
Property details
| Units | 12 |
|---|
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About 5047 Central Park
Introducing a spacious 3-bedroom, 1-bathroom apartment in Albany Park. This apartment offers convenient amenities such as coin laundry, storage, and parking. Located in a bustling neighborhood, this apartment is perfect for those looking for a comfortable and practical living space. Don't miss out on the opportunity to make this apartment your new home. Contact us today for more information and to schedule a viewing.
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.
7.9
/10
Very Good5047 Central Park is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
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, 5047 Central Park is a great option for renters looking for apartments in North 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.
5047 Central Park goes above and beyond to provide sought-after conveniences and desirable perks, including coin laundry. Renters looking for popular or luxurious features will find them here—and for that reason, 5047 Central Park receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5047 Central Park 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 5047 Central Park does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
5047 Central Park provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
5047 Central Park is great for:
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 5047 Central Park compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in North Park
3-bedroom apartments at 5047 Central Park cost about 25% less than the average rent price for 3-bedroom apartments in North Park.
Median rents as of Feb 28 2026.
North Park
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $1,985 |
| 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 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,100 |
| May 2024 | $1,100 |
| November 2024 | $1,100 |
| December 2024 | $1,100 |
| January 2025 | $1,150 |
| February 2025 | $1,150 |
| March 2025 | $1,150 |
| May 2025 | $1,150 |
| June 2025 | $1,150 |
Affordability calculator
Can I afford to live at 5047 N Central Park Ave?
Bedrooms
3 bedroomsRent-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
$75,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,200 annually to afford this 3-bedrooms monthly rent price of $1,880.
For more information on rent affordability, visit our rent calculator.
Schools near 5047 Central Park
Albany Park Community Center
5101 n kimball ave 1
chicago, IL, 60625
PKPublic
Volta Elementary School
4950 n avers ave
chicago, IL, 60625
PK, K-8Public
C+
North River Elementary School
4416 n troy st
chicago, IL, 60625
PK, K-8Public
C+
East Prairie Elementary School
7616 e prairie rd
skokie, IL, 60076
PK, K-8Public
A
Fairview South School
7040 laramie ave
skokie, IL, 60077
K-8Public
A
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Internet available near 5047 Central Park
Neighborhood
North Park | Chicago, IL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chicago near 5047 N Central Park Ave
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
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 5047 N Central Park Ave, Chicago
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
5/10
Some bars within a few minutes’ walk
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