Zumper
modified
1 Day Ago

Highlights

  • Expansive windows
  • Hardwood flooring

Location

5501 S Cornell Ave, Chicago, IL 60637, USA|Hyde Park
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Management

Mac Properties

Our team has verified this company

Leasing office

(872) 313-4417

Open today 

8:00 am–6:00 pm CT

Property Overview

5501 S. Cornell has received an impressive Zumper expert rating of 8.9, highlighting its appeal to renters. It features expansive windows and hardwood flooring, contributing to its aesthetic charm, alongside a competitive price rating of 8 and excellent amenities. Boasting a perfect location rating of 10, it offers unparalleled access to essential amenities and points of interest, placing it in the 81.82 percentile for value compared to similar properties, while maintaining high trustworthiness and quality ratings.

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

8.9
Very Good
With a solid 8.9 out of 10 overall, 5501 S. Cornell is a great option for renters. While some aspects, like Amenities, might not be as distinguished as other properties nearby, 5501 S. Cornell has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive

Floor plans

5501c0baStudio1 bath450 sqft$1,340–$2,498 /mo

Let's explore this property.

Amenities for 5501 S. Cornell

Apartment Amenities

Hard Surface Countertops Hardwood Floor
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

Dog policy

Allowed 
Fee$350
Monthly Rent$30

Cat policy

Allowed 
Fee$350
Monthly Rent$30

Required one-time fees

Admin Fee$550
Application Fee$65
Building details

Property details

Year built1928
Units31
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About 5501 S. Cornell

HomeApartments in ChicagoHyde Park 5501 S. Cornell

Live along restaurant row in historic Hyde Park, one of Chicago's most prestigious neighborhoods. You'll benefit from the convenience of city bus routes, the Metra and easy access to Lake Shore Drive. 5501 S. Cornell features a striking terra-cotta exterior with rich detailing. Our large studios, 1-Bedroom and 2-bedroom apartments are filled with natural sunlight which comes thru expansive windows and glisten off the hardwood flooring. Original tiling and wood carpentry make a charming atmosphere, while thick walls provide a quiet and peaceful home.


Year Built: 1928

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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, 5501 S. Cornell is a great option for renters. While some aspects, like Amenities, might not be as distinguished as other properties nearby, 5501 S. Cornell has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
How we rated 5501 S. Cornell
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, 5501 S. Cornell 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·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, 5501 S. Cornell 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5501 S. Cornell 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.
5501 S. Cornell 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 5501 S. Cornell.
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.
5501 S. Cornell 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.

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 5501 S. Cornell compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Hyde Park

studio apartments at 5501 S. Cornell cost about 67% more than the average rent price for studio apartments in Hyde Park.

Median rents as of Aug 30 2025.
Hyde Park
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
September 2023$1,524
October 2023$1,502
November 2023$1,507
December 2023$1,565
January 2024$1,595
February 2024$1,627
March 2024$1,926
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$1,523
A table of studio rental data trends in Hyde Park
MonthMedian Rent
September 2023$1,205
October 2023$1,138
November 2023$1,109
December 2023$1,078
January 2024$1,081
February 2024$1,050
March 2024$1,051
April 2024$1,051
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$1,140

Affordability calculator

Can I afford to live at 5501 S Cornell Ave?

Bedrooms

Studio

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

$53,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $53,600 annually to afford this studio monthly rent price of $1,340.
For more information on rent affordability, visit our rent calculator.

Schools near 5501 S. Cornell

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

Christopher Elementary School

5042 s artesian ave

chicago, IL, 60632

K-8Public
C
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Internet available near 5501 S. Cornell

Getting around Chicago near 5501 S Cornell Ave

Walking

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

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

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

Points of interest for 5501 S Cornell Ave, Chicago

Groceries

8/10
At least one grocery store within a 15-minute 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

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

High schools

6/10
At least one high school within a 30-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 5501 S Cornell Ave

Trader Joe's
1528 E 55th St
Harper Foods
1455 E 57th St
Whole Foods Market
5118 S Lake Park Ave
Zaleski & Horvath MarketCafe
1323 E 57th St
Valley of Jordan
1009 E 53rd St

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