Updated 2 Days Ago
Location
5052 N Wolcott Ave, Chicago, IL 60640, USA|Lincoln Square
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Property Overview
5052 N Wolcott Ave earns a strong overall impression, with an 8.4 Zumper expert rating, excellent value for price, solid amenities, and a highly convenient location. It stands out for nearby schools, strong value metrics, walkability, transit access, and a lively neighborhood with diverse age groups.
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
Middle school nearby- More space
- Elementary school nearby
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 1,000 sqft | $1,425 /mo | 1 unit available | ***Available October*** Welcome to this charming 1-bedroom garden unit in the heart of Ravenswood. Enjoy the quiet, tree‑lined feel of Wolcott Ave while staying close to everything—steps to the Damen Brown Line, local cafés, restaurants, parks, and all the energy of the Ravenswood/Lincoln Square area. This unit is ideal for renters looking for an affordable, well‑located home with easy access to transit and neighborhood amenities. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 3 |
|---|
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About 5052 N Wolcott Ave
***Available October*** Welcome to this charming 1-bedroom garden unit in the heart of Ravenswood. Enjoy the quiet, tree‑lined feel of Wolcott Ave while staying close to everything—steps to the Damen Brown Line, local cafés, restaurants, parks, and all the energy of the Ravenswood/Lincoln Square area. This unit is ideal for renters looking for an affordable, well‑located home with easy access to transit and neighborhood amenities.
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 5052 N Wolcott Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5052 N Wolcott Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
5052 N Wolcott Ave 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·8A 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.
With multiple in-demand amenities, 5052 N Wolcott Ave is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5052 N Wolcott Ave 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 5052 N Wolcott Ave 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.
5052 N Wolcott Ave 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 5052 N Wolcott Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- More space
- The 1-bedroom is 382 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Lincoln Square
1-bedroom apartments at 5052 N Wolcott Ave cost about 26% less than the average rent price for 1-bedroom apartments in Lincoln Square.
Median rents as of Sep 12 2026.
Lincoln Square
Chicago
| Month | Median Rent |
|---|---|
| September 2024 | $1,700 |
| 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 |
| September 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,295 |
| October 2024 | $1,296 |
| November 2024 | $1,295 |
| December 2024 | $1,295 |
| January 2025 | $1,335 |
| February 2025 | $1,390 |
| March 2025 | $1,369 |
| April 2025 | $1,343 |
| May 2025 | $1,350 |
| June 2025 | $1,350 |
| July 2025 | $1,357 |
| August 2025 | $1,355 |
| September 2025 | $1,362 |
| October 2025 | $1,395 |
| November 2025 | $1,372 |
| December 2025 | $1,308 |
| January 2026 | $1,299 |
| February 2026 | $1,342 |
| March 2026 | $1,395 |
| April 2026 | $1,416 |
| May 2026 | $1,422 |
| June 2026 | $1,448 |
| July 2026 | $1,450 |
| August 2026 | $1,457 |
| September 2026 | $1,472 |
Affordability calculator
Can I afford to live at 5052 N Wolcott Ave?
Bedrooms
1 bedroomRent-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
$57,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $57,000 annually to afford this 1-bedroom monthly rent price of $1,425.
For more information on rent affordability, visit our rent calculator.
Schools near 5052 N Wolcott Ave
McPherson Elementary School
4728 n wolcott ave
chicago, IL, 60640
PK, K-8Public
B-
North River Elementary School
4416 n troy st
chicago, IL, 60625
PK, K-8Public
C+
Albany Park Community Center
5101 n kimball ave 1
chicago, IL, 60625
PKPublic
East Prairie Elementary School
7616 e prairie rd
skokie, IL, 60076
PK, K-8Public
A
Baby Toddler Nursery
2200 main st
evanston, IL, 60202
PKPublic
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Internet available near 5052 N Wolcott Ave
Neighborhood
Lincoln Square | Chicago, IL
Getting around Chicago near 5052 N Wolcott Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 5052 N Wolcott Ave, Chicago
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
9/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 5052 N Wolcott Ave
Diala Grocery & Liquor
1935 W Foster Ave
Mariano's
1800 W Lawrence Ave
Middle East Bakery & Grocery
1512 W Foster Ave
Jewel-Osco
5516 N Clark St
Best Buy Food & Liquors
1832 W Montrose Ave
Mata Traders
5112 N Ravenswood Ave
Mata Traders Ltd
5112 N Ravenswood Ave
G V Jewelry
1926 W Foster Ave
Full Kit Gear
5021 N Clark St
I Do I Do Wedding Accessories
4704 N Damen Ave
Side Practice Coffee
5139 N Damen Ave
Starbucks
1800 W Lawrence Ave
Dunkin'
1743 W Lawrence Ave
La Colombe Coffee Roasters
5158 N Clark St
Cuckoo
5143 N Clark St
Bow Wow Lounge
5135 N Ravenswood Ave
Big Joe's
1818 W Foster Ave
Gio's Bar & Grill
4857 N Damen Ave
K's Dugout
1930 W Foster Ave
Cultivate By Forbidden Root
4710 N Ravenswood Ave
Murray's Cheese
1800 W Lawrence Ave
Sweet Moon
1964 W Lawrence Ave
Isabella Bakery
1659 W Foster Ave
Nothing Bundt Cakes
4918 N Clark St
Milk Chicago
5137 N Clark St
Garden
Winnemac Prairie
Winnemac Park
Park
Playground
Bang Bang Pie & Biscuits
4947 N Damen Ave
Big Joe's
1818 W Foster Ave
Gio's Bar & Grill
4857 N Damen Ave
Side Practice Coffee
5139 N Damen Ave
Q Sushi Bar & Omakase
4845 N Damen Ave
Damen / Argyle
Damen
Damen / Argyle
Damen
Damen / Winona
Damen
Foster / Wolcott
Damen, Foster
Damen / Winona
Damen
Ravenswood
Union Pacific North
Rogers Park
Union Pacific North
Irving Park
Union Pacific Northwest
Grayland
Milwaukee North
Mayfair
Milwaukee North
Damen
Brown Line, Brown Line
Montrose
Brown Line, Brown Line
Western
Brown Line, Brown Line
Argyle
Red Line
Argyle
Red Line
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