Updated 3 Days Ago
Highlights
- Hardwood floors
- On-site laundry
- Large living space
- Easy access
Location
516 W Cornelia Ave #512-101, Chicago, IL 60657, USA|Lakeview
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Property Overview
516 West Cornelia Avenue, Unit 512-101 offers hardwood floors, on-site laundry, a large living space, and easy access, with an overall Zumper Expert Rating of 8 out of 10. It stands out for strong price and location ratings, along with solid amenities and trustworthiness, making it a well-rounded option for renters seeking value and convenience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Pet owners
Floor plans
| 516 West Cornelia Avenue, Unit 512-101 | Studio | 1 bath | $1,695 /mo | Studio apartment features hardwood floors, large living space, modern kitchen & bath. Laundry on-site. Cats welcome. 1/2 block to the Lake! Easy access to Lakefront Trails, transportation, restaurants, shopping and more! - Presented by Fulton Grace, Chicago IL. *Pictures may be of a similar unit in building. |
Let's explore this property.
Amenities for 516 West Cornelia Avenue, Unit 512-101
Building
| Cats OK |
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
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 516 West Cornelia Avenue, Unit 512-101
Studio apartment features hardwood floors, large living space, modern kitchen & bath. Laundry on-site. Cats welcome. 1/2 block to the Lake! Easy access to Lakefront Trails, transportation, restaurants, shopping and more! - Presented by Fulton Grace, Chicago IL. *Pictures may be of a similar unit in building.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 516 West Cornelia Avenue, Unit 512-101 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 516 West Cornelia Avenue, Unit 512-101 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·9A 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.
516 West Cornelia Avenue, Unit 512-101 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, 516 West Cornelia Avenue, Unit 512-101 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.
516 West Cornelia Avenue, Unit 512-101 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 516 West Cornelia Avenue, Unit 512-101 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.
516 West Cornelia Avenue, Unit 512-101 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.
516 West Cornelia Avenue, Unit 512-101 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 516 West Cornelia Avenue, Unit 512-101 compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 miles away
- Greater distance from high schools
- The nearest high school is farther than 1.4 miles away
- No laundry facilities available
- This property doesn't offer on-site washers and dryers
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Rent trends in Lakeview
studio apartments at 516 West Cornelia Avenue, Unit 512-101 cost about 13% more than the average rent price for studio apartments in Lakeview.
Median rents as of Oct 31 2026.
Lakeview
Chicago
| Month | Median Rent |
|---|---|
| November 2024 | $1,551 |
| 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 |
| October 2026 | $1,731 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,488 |
| December 2024 | $1,483 |
| January 2025 | $1,448 |
| February 2025 | $1,485 |
| March 2025 | $1,492 |
| April 2025 | $1,495 |
| May 2025 | $1,498 |
| June 2025 | $1,540 |
| July 2025 | $1,506 |
| August 2025 | $1,460 |
| September 2025 | $1,450 |
| October 2025 | $1,450 |
| November 2025 | $1,416 |
| December 2025 | $1,434 |
| January 2026 | $1,479 |
| February 2026 | $1,519 |
| March 2026 | $1,585 |
| April 2026 | $1,595 |
| May 2026 | $1,638 |
| June 2026 | $1,648 |
| July 2026 | $1,608 |
| August 2026 | $1,573 |
| September 2026 | $1,528 |
| October 2026 | $1,500 |
Affordability calculator
Can I afford to live at 516 W Cornelia Ave #512-101?
Bedrooms
StudioRent-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
$67,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this studio monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.
Schools near 516 West Cornelia Avenue, Unit 512-101
The Nettelhorst School
3252 n broadway st
chicago, IL, 60657
PK, K-8Public
A-
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
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
Neighborhood
Lakeview | Chicago, IL
Getting around Chicago near 516 W Cornelia Ave #512-101
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 516 W Cornelia Ave #512-101, 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
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
10/10
Exceptionally 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 516 W Cornelia Ave #512-101
Online Best Organic Grocery Shopping Store Mirchimasalay
3450 N Lake Shore Dr
Jewel-Osco
3531 N Broadway St
3600 Commissary
3600 N Lake Shore Dr
Whole Foods Market
3640 N Halsted St
Citi Food Mart
3355 N Clark St
Cram Fashion Inc
3331 N Broadway St
DBF Lola & Bowie Pim Creative
3335 N Broadway St
Wear Moi LLC
3352 N Broadway St
Zeglio Custom Clothiers Broadway
3245 N Broadway St
Platinum Dry Cleaners
3707 N Broadway St
Starbucks
3531 N Broadway St
Starbucks
3358 N Broadway St
Wired Coffee Bar
3508 N Broadway St
Stan's Donuts
3300 N Broadway St
Juicerx
3241 N Broadway St
Jacqueline's
3420 N Broadway St
The Closet
3325 N Broadway St
Joe's on Broadway
3563 N Broadway St
Clock Tower Cafe
3701 Recreation Dr
Replay Beer & Bourbon
3439 N Halsted St
Chicago Sugar Daddy Patisserie
3243 N Broadway St
Roggenart European Bakery Bistro & Cafe
3500 N Halsted St
GNC
3206 North Broadway
Our Dailey Bread, PLLC
3712 N Broadway St
Friedlob C Katering Desserts
507 W Briar Pl
Belmont Harbor Dog Beach
Playground
Bill Jarvis Migratory Bird Sanctuary
Lincoln Park
Roscoe Playground
The Clocktower Cafe
3600 Recreation Dr
Crab King Cajun Boil & Bar-Chicago
3443 N Broadway St
Rocks Lakeview
3463 N Broadway St
Si-Pie Pizzeria
3477 N Broadway St
Si Pi Pizzeria
3477 N Broadway St
Lake Shore / Cornelia
Inner Lake Shore / Michigan Express, Sheridan, Clarendon / LaSalle Express
Lake Shore / Cornelia
Inner Lake Shore / Michigan Express, Sheridan, Clarendon / LaSalle Express
Lake Shore / Hawthorne
Inner Lake Shore / Michigan Express, Sheridan, Clarendon / LaSalle Express
Lake Shore / Hawthorne
Inner Lake Shore / Michigan Express, Sheridan, Clarendon / LaSalle Express
Lake Shore / Brompton
Inner Lake Shore / Michigan Express, Sheridan, Clarendon / LaSalle Express
Ravenswood
Union Pacific North
Clybourn
Union Pacific North, Union Pacific Northwest
Peterson / Ridge
Union Pacific North
Millennium Station
Metra Electric
Millennium Station
Lakeshore Corridor, Monon Corridor
Addison (Red)
Red Line
Belmont (Red / Brown / Purple)
Red Line, Brown Line, Purple Line
Sheridan
Red Line
Wellington (Brown / Purple)
Brown Line, Purple Line
Diversey (Brown / Purple)
Brown Line, Purple Line
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