Last updated December 23 2025 at 6:39 PM
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Drexel Terrace
Property highlights
Located in the popular South Side neighborhood, Drexel Terrace boasts a timeless appeal with its early 20th-century Greek Revival architecture and recent modern renovations. Residents rave about the pet-friendly ambiance, perfect for daily dog walks. The property's prime location provides easy access to the University of Chicago and ensures convenient public transportation options are just steps away. Within a mile, residents can explore abundant parks, renowned schools, and a variety of eateries and entertainment venues for a dynamic lifestyle. The on-site amenities, including laundry facilities and bike storage, further enhance the seamless living experience.
- 0 units available
- 1 Bed • 2 Beds
- Location
- 5043 South Drexel Avenue, Chicago IL 60615, South Side
- Amenities
- On-site laundry, Patio / balcony, Pet friendly, Parking, Recently renovated, and Bike storage
- Commute
Price and Availability
Drexel Terrace apartments start at Ask/month. Contact property for availability and pricing. Prices were last verified by Drexel Terrace 5 hours ago. (Total price includes base rent and required monthly fees—select a unit to view full breakdown.)
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Location
Amenities
On-site laundry
Patio / balcony
Pet friendly
Parking
Recently renovated
Bike storage
Unit Amenities
patio / balcony
recently renovated
oven
range
refrigerator
Property Amenities
pet friendly
on-site laundry
parking
dogs allowed
cats allowed
bike storage
Situated on one of Chicago's historic tree-lined boulevards, Drexel Terrace was designed in the early 20th century as a stately manor combining classical and contemporary architectural styles of its era. From the picturesque boulevard, you'll step up the romantic Greek Revival staircase, past the Grecian urns, into the newly renovated entry with its marble and mahogany trim and Tiffany style wall sconces and chandeliers. The property's features include a spacious, private back yard with parking, and close proximity to public transportation.
Verified reviews
Property Details (Fees & Lease)
Please note leases shorter than 12 months often have extra fees.
Must have 2x the rent in total household income (before taxes)
Pets allowed
Dogs, cats
rent
$25/month or $35/month flat fee
limit
2 pets maximum
fee
$350 flat fee
restrictions
Aggressive breeds
Explore the Area
Hyde Park Produce
0.4 mi
Whole Foods Market
0.8 mi
Bonne Sante Health Foods
0.8 mi
Trader Joe's
0.9 mi
One Stop Foods
1.0 mi
Sharks Fish & Chicken
0.2 mi
Nicky's Chinese Food
0.4 mi
Cedars Mediterranean Kitchen
0.4 mi
Harold's Chicken Shack
0.4 mi
Leona's
0.5 mi
E Hyde Park & Drexel
0.1 mi
E Hyde Park & Drexel
0.1 mi
E Hyde Park & Ellis
0.1 mi
E Hyde Park & Ellis
0.1 mi
51st Street & Drexel Square
0.1 mi
Chicago Fire Department Air Sea Rescue Heliport
6.7 mi
Chicago Midway International Airport
7.7 mi
Gary/Chicago International Airport
16.1 mi
Lansing Municipal Airport
18.8 mi
Tinley Park Helistop
19.8 mi
4 /10
Reavis Elementary Math & Sci Spec School
PublicPK-8
247 Students
0.2 mi
2 /10
Kozminski Elementary Community Academy
PublicPK-8
250 Students
0.3 mi
3 /10
Shoesmith Elementary School
PublicK-6
363 Students
0.5 mi
3 /10
Murray Elementary Language Academy
PublicK-8
513 Students
0.6 mi
2 /10
Ariel Elementary Community Academy
PublicPK-8
519 Students
0.6 mi
Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
Drexel Square
0.1 mi
Jessie 'Ma' Houston Park
0.1 mi
Sycamore Park
0.2 mi
Elm Park
0.4 mi
Butternut Playlot Park
0.4 mi
Operation PUSH Community House
0.1 mi
4th Ward
0.5 mi
Little Black Pearl Art Gallery
0.5 mi
Dyett High School Gymnasium
0.6 mi
Ratner Athletic Center
0.6 mi
A Paw Place
0.7 mi
Pershing Animal Hospital
0.8 mi
Hyde Bark Dog Walking and Pet Care
1.0 mi
Park No. 592
1.2 mi
Park No. 591
1.5 mi
Getting Around
Walk & Transit Scores
Walk Score: 74 — Very Walkable, with shops and services easily within reach.Transit Score: 68 — Offers reasonable public transit options nearby.Public Transit Access
The South Side area benefits from access to public transit options, such as 14 nearby routes: 12 bus, 2 rail, 0 otherNearby public transit stops include:
- E Hyde Park & Drexel (~0.03 mi)
- E Hyde Park & Ellis (~0.07 mi)
- 51st Street & Drexel Square (~0.08 mi)
- Payne & Cottage Grove (~0.13 mi)
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Frequently Asked Questions (FAQs)
In Chicago, IL, the average rent is $1,876+ for a studio, $2,225+ for a 1-bedroom, $2,848+ for a 2-bedroom, and $3,484+ for a 3-bedroom.* For more information on rental trends in Chicago, IL, check out our monthly Chicago, IL Rent Report.
*Based on base prices that don’t include fees
Some of Drexel Terrace's amenities include on-site laundry, patio / balcony, and pet friendly. To see the other amenities this property offers, check out the Amenities section.
Drexel Terrace is not currently offering any rent specials.
Yes, Drexel Terrace is pet-friendly.
Yes, Drexel Terrace offers parking.
No, Drexel Terrace does not offer units with in unit laundry.
No, Drexel Terrace does not have a pool.
No, Drexel Terrace does not have accessible units.
No, Drexel Terrace does not have units with dishwashers.
No, Drexel Terrace does not have units with air conditioning.