Zumper
modified
Updated 5+ Days Ago

Highlights

  • Expansive windows
  • Hardwood flooring

Location

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

Contact

Management

Mac Properties

Leasing office

(872) 313-4417

Open 

Thursday 8:00 am–6:00 pm CT

Floor plans

5501c0bcStudio1 bath450 sqft$1,335–$1,669 /mo
5501c0baStudio1 bath450 sqft$1,370–$1,822 /mo
5501c0beStudio1 bath350 sqft$1,460–$1,825 /mo
5501c0bdStudio1 bath400 sqft$1,510–$1,888 /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

Applicants

Applicationfee

Per-applicant.

$65

REQUIRED FEES

Adminfee

One-time.

$550

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Cat

Monthly Pet Fee

Monthly. 2 cats max.

$30

Pet Fee

One-time fee per pet.

$350

Pet Deposit

One-time deposit per pet.

$0

Dog

Monthly Pet Fee

Monthly. 2 dogs max.

$30

Pet Fee

One-time fee per pet.

$350

Pet Deposit

One-time deposit per pet.

$0

Questions about this property’s policies and fees?

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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 5501 S. Cornell is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 5501 S. Cornell has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 5501 S. Cornell
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.
5501 S. Cornell 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, 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·9A 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 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·9A 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 a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
5501 S. Cornell 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.

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.

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1.3 miles away

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Rent trends in Hyde Park

Studio apartments at 5501 S. Cornell cost about 34% more than the average rent price for studios in Hyde Park.

Median rents as of Oct 3 2026.
Hyde Park
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
October 2024$1,605
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
October 2026$1,650
A table of studio rental data trends in Hyde Park
MonthMedian Rent
October 2024$1,067
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$1,142
September 2025$1,150
October 2025$1,161
November 2025$1,155
December 2025$1,150
January 2026$1,150
February 2026$1,150
March 2026$1,177
April 2026$1,259
May 2026$1,308
June 2026$1,239
July 2026$1,235
August 2026$1,241
September 2026$1,224
October 2026$1,197

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

$56,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $56,600 annually to afford this studio median monthly rent price of $1,415.
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

Bronzeville Classical Elementary School

8 w root st

chicago, IL, 60609

K-6Public
A-
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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

9/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

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 20-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10
Wide variety of bars within a short drive, including some 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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