Welcome to 5222-38 S. Drexel Avenue, a charming apartment building managed by MAC Property Management. This historic property is nestled in the Hyde Park neighborhood of Chicago, just a few blocks away from the prestigious University of Chicago. Built in 1925, this three-story courtyard building underwent a complete renovation in 2011, resulting in a beautifully updated living space for its residents.
5222-38 S. Drexel Avenue offers a variety of floor-plan types, including studios, one-bedroom, two-bedroom, and three-bedroom apartments. The units range from a comfortable 825 square feet to a spacious 1,792 square feet, ensuring there is a perfect fit for individuals, couples, or families. Each apartment boasts gorgeous hardwood floors, creating a warm and inviting ambiance throughout.
Residents of 5222-38 S. Drexel Avenue enjoy a range of amenities that cater to their comfort and convenience. Stay in shape at the on-site fitness center, or take your furry friend for a stroll on the pet-friendly grounds, as both dogs and cats are welcome here. The building also features on-site laundry facilities, making laundry day a breeze. Additionally, each apartment includes a dining room and a microwave, adding ease to your mealtimes.
Surrounded by the vibrant neighborhoods of Hyde Park, Washington Park, and Kenwood, 5222-38 S. Drexel Avenue offers easy access to a wide range of shops, restaurants, and entertainment options. With the University of Chicago just a few blocks away, this property is a fantastic choice for students and faculty seeking proximity to campus without compromising on quality accommodations.
If you are looking for a well-maintained, stylish, and conveniently located apartment, look no further than 5222-38 S. Drexel Avenue. Embrace the appeal of Hyde Park living and enjoy the best that Chicago has to offer. Contact MAC Property Management today to find your perfect home in this charming building.
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.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5222-38 S. Drexel Avenue by bedroom type below.
2 Bedroom
Suggested income:
$62,700
per year
3 Bedroom
Suggested income:
$82,100
per year
Rent report
5222-38 S. Drexel Avenue Rent vs. Chicago Average
5222-38 S. Drexel Avenue
Chicago Average
2BR
$1,741
$2,487
$0
$850
$1,700
$2,550
$3,400
3BR
$2,280
$3,037
$0
$1,000
$2,000
$3,000
$4,000
5222-38 S. Drexel Avenue is asking 30%
less than the average 2 bedroom apartment in
Chicago.
If you upsized to an average priced Chicago 3 bedroom apartment, you would pay
18% more per month.
If you downsized to an average priced Chicago 1 bedroom apartment,
you would pay 23% less per month.
5222-38 S. Drexel Avenue provides 13%
less square footage than the average
Chicago 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
5222-38 S. Drexel Avenue
2BR
$1,741
$2.00
$5,224
3BR
$2,280
$1.70
$6,840
Chicago Average
Studio
$1,582
$3.40
$4,746
1BR
$2,020
$2.90
$6,061
2BR
$2,487
$2.50
$7,460
3BR
$3,037
$2.40
$9,111
4BR
$3,343
$2.10
$10,028
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 3,787 1BR
units on the market in Chicago. If you're looking to negotiate, this may be your best option.
New Douglas Community Volunteer Fire Department2.78 mi.
FAQs
Is this property currently leasing units?
Yes. There are 6 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 825 to 1,410 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 2 and 3 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 $1,695 to $2,275. 5222-38 S. Drexel Avenue has 2 bedroom units available starting at $1,695 and 3 bedroom units available starting at $2,275.
Where is this property located?
This property is at 5222 S. Drexel Ave in Chicago, IL. It's 10.6 miles south from the center of Chicago.