1 Day Ago
Highlights
- Hardwood floors
- Gated entry
- Large bedrooms
- Ample closet space
- On-site maintenance
- Big windows
Location
5240 S Drexel Ave #B, Chicago, IL 60615, USA|Hyde Park
Tour 5240 S Drexel Ave #B
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Amenities for 5240 S Drexel Ave #B, Hyde Park
Apartment Amenities
| Fireplace | Hardwood Floor |
| HWF: Vinyl Floors | Standard Bathroom |
| Standard Kitchen |
Appliances
| In-Unit Laundry |
Building
| Cats OK | Onsite Laundry |
Grounds
| Well Maintained Property |
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?
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About 5240 S Drexel Ave #B
Sweet deal!
This listing is 26% below the median price for 2 bedroom apartments in Hyde Park.
Unit Features: * Spacious 2-bedroom, 1-bath layout * Large bedrooms with ample closet space * Expansive living room, ideal for entertaining * Hardwood floors throughout * Big windows providing abundant natural light * Decorative fireplace for added charm * Coin-operated laundry in building * Gated entry for added security * On-site maintenance * Street parking available Disclaimer: The Apartment Source Call or text: 773.404.9900
Address details
| Neighborhood | Hyde Park |
|---|---|
| Zip code | 60615 |
| Type | Apartment for rent |
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Rent trends in Hyde Park
2-bedroom apartments at 5240 S Drexel Ave #B cost about 26% less than the average rent price for 2-bedroom apartments in Hyde Park.
Median rents as of Mar 14 2026.
Hyde Park
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $2,950 |
| April 2024 | $2,662 |
| May 2024 | $2,648 |
| June 2024 | $2,764 |
| July 2024 | $2,862 |
| August 2024 | $2,702 |
| September 2024 | $2,706 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,550 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,925 |
| April 2024 | $2,036 |
| May 2024 | $2,298 |
| June 2024 | $2,077 |
| July 2024 | $2,034 |
| August 2024 | $1,953 |
| September 2024 | $1,921 |
| October 2024 | $1,962 |
| November 2024 | $2,155 |
| December 2024 | $2,162 |
| January 2025 | $1,979 |
| February 2025 | $2,077 |
| March 2025 | $2,184 |
| April 2025 | $2,184 |
| May 2025 | $2,147 |
| June 2025 | $2,097 |
| July 2025 | $2,034 |
| August 2025 | $2,170 |
| September 2025 | $2,112 |
| October 2025 | $2,237 |
| November 2025 | $2,273 |
| December 2025 | $2,242 |
| January 2026 | $2,226 |
| February 2026 | $2,198 |
| March 2026 | $2,187 |
Affordability calculator
Can I afford to live at 5240 S Drexel Ave #B?
Bedrooms
2 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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 5240 S Drexel Ave #B
Kozminski Community Academy
936 e 54th st
chicago, IL, 60615
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
Bronzeville Classical Elementary School
8 w root st
chicago, IL, 60609
K-6Public
A-
South Shore Fine Arts Elementary School
1415 e 70th st
chicago, IL, 60637
PK, K-8Public
C
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Internet available near 5240 S Drexel Ave #B
Neighborhood
Hyde Park | Chicago, IL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chicago near 5240 S Drexel Ave #B
Walking
8/10
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
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 5240 S Drexel Ave #B, Chicago
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 5240 S Drexel Ave #B
Valley of Jordan
1009 E 53rd St
Zaleski & Horvath MarketCafe
1323 E 57th St
Red Apple
315 E 51st St
Whole Foods Market
5118 S Lake Park Ave
Trader Joe's
1528 E 55th St
Kayra Imports
1001 E 53rd St
Snipes
4700 S Cottage Grove Ave
Black Sheep Society LLC
1028 E Hyde Park Blvd
Target
1346 E 53rd St
Edmonds
4800 S Ellis Ave
Starbucks
1346 E 53rd St
Dunkin'
1418 E 53rd St
Philz Coffee
1425 E 53rd St
Starbucks
5757 S University Ave
Grounds of Being
1025 E 58th St
Leona's Pizzeria & Restaurant
1236 E 53rd St
Juke Joynt
515 E 47th St
The Pub
1225 E 59 St
Bar David
1201 E 60th St David Rubenstein Forum
The Park Supper Club
65 E Garfield Blvd
Hyde Park Produce LMT
1226 E 53rd St
Windy City Baker
5482 S Ridgewood Ct
Carver 47 Food & Wellness Market
1050 E 47th St
Bonne Sante Health Foods
1512 E 53rd St
GNC
1519 E 53rd St
Bessie Coleman Park
Drexel Square
Stout Park
Sycamore Playlot Park
Jessie Houston Park
Cangt Believe Itgs Not Meat
Sharks
5048 S Cottage Grove Ave
Sharks Fish & Chicken
5048 S Cottage Grove Ave
Jimmy's Famous Burgers Jimmy's
5042 S Cottage Grove Ave
Subway
5040 S Cottage Grove Ave
Cottage Grove / 53rd Street
Cottage Grove, Hyde Park Express
Cottage Grove / 53rd Street
Hyde Park Express, Cottage Grove
Ellis / 53rd Street
U. of Chicago / Kenwood
Cottage Grove / 52nd Street
Cottage Grove, Hyde Park Express
Cottage Grove / 52nd Street
Hyde Park Express, Cottage Grove
51st/53rd St. (Hyde Park)
Metra Electric
55th - 56th - 57th St.
Metra Electric
57th St.
South Shore Line, South Shore Line
47th St. (Kenwood)
Metra Electric
59th St. (U. of Chicago)
Metra Electric
51st
Green Line, Green Line
Garfield
Green Line, Green Line
47th
Green Line, Green Line
East 63rd-Cottage Grove
Green Line, Green Line
Garfield
Red Line, Red Line
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