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Updated 5 hours ago

5049 S. Drexel Boulevard

VERIFIED

5049 S. Drexel Ave Chicago, IL

2.8 1 review
Studio - 1 Bed
•
1 Bath

308 - 750 Sq. Ft.

Available starting May. 11th
Studio • 1 Bath
$1,090
308 ft2
1 Available

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5053-2B
$1,090
Available May 11th, 2024
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1 Bed • 1 Bath
$1,399
750 ft2
1 Available

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5057-1C
$1,399
Available May 12th, 2024
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1 Bed • 1 Bath
$1,375
480 ft2
1 Available

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5057-3B
$1,375
Available Jun 23rd, 2024
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
78
Very Walkable
Transit Score®
66
Good Transit
Bike Score®
83
Very Bikeable
Amenities
On-site Laundry
Fireplace
Hardwood Floors
Hard Surface Countertops
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Restrictions:

No Aggressive Breeds

Pet Fee:

300

Pet Rent:

30

Parking
Off-street Parking
Property details
Description

Experience the craftsmanship of early 20th century architectural details: hand-laid Arts and Crafts style mosaic floors, carved-wood banisters and wrought-iron balustrades marked by the flowery emblems of the Art Nouveau style. With bright, updated interiors and natural hardwood floors throughout, these apartments are an ideal space in which to make your home. Large windows provide natural light and ventilation. Limited on-site parking is available. Nearby public transportation and major highways, coupled with the University of Chicago's complimentary shuttle service make the property easily accessible not just to the University, but to the entire city.

Additional Details
Year Built: 1912
Total Unit Count: 30
Last Updated: Updated 5 hours ago
Contact Number: (773) 863-3167
Property manager information
MAC Property Management
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Office Hours
Sunday: 8:00 AM - 6:00 PM
Monday: 8:00 AM - 6:00 PM
Tuesday: 8:00 AM - 6:00 PM
Wednesday: 8:00 AM - 6:00 PM
Thursday: 8:00 AM - 6:00 PM
Friday: 8:00 AM - 6:00 PM
Saturday: 8:00 AM - 6:00 PM
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Reviews
5049 S. Drexel Boulevard
2.8
1 review
Smooth application process. My agent,Danie, is very nice. Moving in went very well. All the on site staff are very polite and nice.
Photos Floor Plans Amenities Reviews
About 5049 S. Drexel Boulevard
Welcome to 5049 S. Drexel Boulevard, managed by MAC Property Management. This historic property, built in 1912, showcases the craftsmanship of early 20th-century architectural details. From hand-laid Arts and Crafts style mosaic floors to carved wood banisters and wrought-iron balustrades adorned with Art Nouveau style emblems, this building exudes elegance and charm.

The units at 5049 S. Drexel Boulevard come in studio and one-bedroom floor plans, ranging from 308 to 960 square feet. Inside, you'll find updated interiors with natural hardwood floors throughout. The large windows allow for ample natural light and ventilation, creating a welcoming and vibrant atmosphere.

This property offers a range of desirable amenities, including fireplaces, on-site laundry facilities, and off-street parking for residents. Both dog and cat friendly, you can bring your furry friends along to share in the comfort of your new home.

5049 S. Drexel Boulevard is located in the bustling city of Chicago, with nearby neighborhoods such as Hyde Park, Kenwood, and Washington Park adding to the diversity and vibrancy of the area. Students attending the University of Chicago will appreciate the convenient location, as well as the university's complimentary shuttle service that makes transportation a breeze.

With proximity to public transportation and major highways, the entire city of Chicago is easily accessible from this central location. Don't miss your chance to experience the beauty and convenience of 5049 S. Drexel Boulevard.
Neighborhood
Hyde Park
Cultural Diversity Combined with a Campus Vibe in Chicago’s Hyde Park

In 1853 a real estate speculator, Paul Cornell, bought 300 acres of land between 51st and 55th Streets along Lake Michigan’s shore. The land was a mere seven miles south of Chicago’s downtown. His intent was to convince Chicago businessmen to build homes for their families, and Hyde Park became a suburb for wealthy city dwellers who wanted to leave the noise and overcrowding of a growing city. In 1857 the Hyde Park House was built. It was an extremely high-end hotel built on the shore of Lake Michigan. Mary Todd Lincoln spent the summer of 1865 there with her children. The hotel burned down in 1879 and The Sisson Hotel was built there in 1918, eventually becoming converted to condominiums. In 1889 the City of Chicago annexed Hyde Park and in 1891 the University of Chicago was established with money from John D. Rockefeller, eventually laying claim to 89 Nobel Prize laureates. In 1893 the World’s Columbian Exposition was held in Hyde Park. The fair brought an influx of new residents which would give rise to the development of a more urban feel in the community. All but one of the structures built for the fair were temporary. The remaining building is Charles Atwood’s Palace of Fine Arts which has become the Museum of Science and Industry, the largest science museum in the Western Hemisphere. The neighborhoods’ 89 Nobel winners include President Barack Obama.
Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5049 S. Drexel Boulevard by bedroom type below.
Studio
Suggested income:
$39,200
per year
1 Bedroom
Suggested income:
$49,900
per year
Rent report

5049 S. Drexel Boulevard Rent vs. Chicago Average

 5049 S. Drexel Boulevard      Chicago Average
Studio
$1,090
$1,523
$0
$500
$1,000
$1,500
$2,000
1BR
$1,387
$1,978
$0
$650
$1,300
$1,950
$2,600

5049 S. Drexel Boulevard is asking 28% less than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 23% more per month.

5049 S. Drexel Boulevard provides 35% less square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5049 S. Drexel Boulevard
Studio $1,090 $3.50 $3,270
1BR $1,387 $2.30 $4,161
Chicago Average
Studio $1,523 $3.20 $4,570
1BR $1,978 $2.80 $5,934
2BR $2,457 $2.50 $7,371
3BR $3,261 $2.40 $9,784
4BR $3,679 $2.10 $11,038

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,537 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
23% 34% 29% 11% 2%
Available Units in Chicago
Studio 3,113
1BR 4,537
2BR 3,912
3BR 1,465
4BR 292
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Stagg Field 0.9 mi 17 min 5 min 2 min
U of Chicago Medicine Emerygency Room 1.0 mi 19 min 6 min 2 min
Reynolds Club 1.0 mi 20 min 9 min 4 min
Regenstein Library 1.3 mi 25 min 8 min 3 min
Nearby Hospitals
Name Distance
Provident Hospital Of Cook County 0.49 mi.
U Of Chicago Medicine Emerygency Room 0.69 mi.
The University Of Chicago Medical Center 0.89 mi.
Nearby Fire Stations
Name Distance
Woodlawn Fire Protection District 1.47 mi.
Chicago Fire Department 2.26 mi.
New Douglas Community Volunteer Fire Department 2.67 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is May 11, 2024.
What's the square footage of the available units?
The available units range from 308 to 750 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio and 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,090 to $1,399. 5049 S. Drexel Boulevard has studio units available starting at $1,090 and 1 bedroom units available starting at $1,399.
Where is this property located?
This property is at 5049 S. Drexel Ave in Chicago, IL. It's 10.5 miles south from the center of Chicago.
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