Zumper
modified
Updated 1 Day Ago

Highlights

  • Zero Deposit
  • In-unit laundry
  • Modern features
  • 24-hour emergency call center
  • Tree-lined street
  • Cat friendly
  • Newer windows

Location

5941 N Magnolia Ave, Chicago, IL 60660, USA|Edgewater
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Contact

Management

ICM Properties, Inc.

Our team has verified this company

Leasing office

(773) 906-8190

Property Overview

5941-43 N. Magnolia earns a high overall rating for its strong location, verified quality, and competitive value, with modern features, in-unit laundry, newer windows, and a 24-hour emergency call center adding to its appeal. It is especially well positioned for pet-friendly living, with nearby pet services and a cat-friendly policy, while the tree-lined street and excellent access to nearby schools further support its convenience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.4
Excellent
5941-43 N. Magnolia is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • High school nearby
  • Elementary school nearby

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath1,500 sqft$2,995 /mo1 unit available- Modern 2-bed rehab - SS appliances - Dishwasher - Stone countertops - Decorative fireplace - Ceiling fan - Sleek bathroom finishes - Great natural lighting - Laundry in-unit - Enclosed porch - Central air - Hardwood flooring Magnolia & Thorndale - Located on a tree-lined street - Great restaurants and shops nearby - Around the corner from Broadway Armory Park - Cat friendly! - Newer windows - Central A/C - Laundry in-unit - Limited parking for rent (inquire for availability) - Less than a block to Thorndale Red Line Station - Nearby bus lines: #22, #50, #147, #84, #36 - 24-hour emergency call center - NO Security Deposit! - No dogs, except service animals ICM Properties has been proudly managing apartments since 1966. Call ICM Properties for details or to arrange a showing at 773 549-5443. To see a list of other ICM properties, visit our website at www icmproperties com find

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Amenities for 5941-43 N. Magnolia

Apartment Amenities

Air ConditioningCentral Air

Appliances

DishwasherIn-Unit Laundry

Building

Cats OKOnsite Laundry
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

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units6
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About 5941-43 N. Magnolia

HomeApartments in ChicagoEdgewater 5941-43 N. Magnolia

Discover your ideal home at 5941-43 N. Magnolia, tucked away on a charming, tree-lined street in one of Chicago's most desirable neighborhoods. Enjoy the luxury of central A/C and the convenience of in-unit laundry, paired with modern features like newer windows that let in plenty of natural light. Just steps from Broadway Armory Park and surrounded by great dining and shopping options, you’ll love the neighborhood’s lively atmosphere. Commuting is effortless with the Thorndale Red Line Station less than a block away and multiple bus lines nearby. We welcome cats, and limited parking is available for rent. Plus, with no security deposit and a 24-hour emergency call center, your move-in experience is as easy as it gets. Come explore the comfort and convenience of 5941-43 N. Magnolia today!


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.
9.4
/10
Excellent
5941-43 N. Magnolia is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated 5941-43 N. Magnolia
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.
5941-43 N. Magnolia 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·9A 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.
5941-43 N. Magnolia goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 5941-43 N. Magnolia receives one of the highest amenities scores.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5941-43 N. Magnolia offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
5941-43 N. Magnolia has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 5941-43 N. Magnolia.
Trustworthiness·9A 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.
5941-43 N. Magnolia has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

5941-43 N. Magnolia is great for:

Pet owners

  • 4 pet grooming services nearby
  • 6 pet hospitals in the area
  • 16 pet supply stores near the property
  • 1 dog park within 1 mile

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 5941-43 N. Magnolia compares to other nearby properties.

Positives

More space
The 2-bedroom is 781 sqft larger than other listings nearby
High school nearby
There is a high school 0.2 mile away
Elementary school nearby
There is an elementary school 0.2 mile away

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Rent trends in Edgewater

2-bedroom apartments at 5941-43 N. Magnolia cost about 25% more than the average rent price for 2-bedroom apartments in Edgewater.

Median rents as of Jul 11 2026.
Edgewater
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
July 2024$1,895
August 2024$1,691
September 2024$1,682
October 2024$1,630
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$1,672
A table of studio rental data trends in Edgewater
MonthMedian Rent
July 2024$1,195
August 2024$1,178
September 2024$1,169
October 2024$1,228
November 2024$1,276
December 2024$1,250
January 2025$1,277
February 2025$1,268
March 2025$1,221
April 2025$1,250
May 2025$1,276
June 2025$1,295
July 2025$1,265
August 2025$1,265
September 2025$1,295
October 2025$1,308
November 2025$1,300
December 2025$1,298
January 2026$1,299
February 2026$1,300
March 2026$1,320
April 2026$1,373
May 2026$1,384
June 2026$1,362
July 2026$1,375

Affordability calculator

Can I afford to live at 5941 N Magnolia Ave?

Bedrooms

2 bedrooms

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

$119,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $119,800 annually to afford this 2-bedrooms monthly rent price of $2,995.
For more information on rent affordability, visit our rent calculator.

Schools near 5941-43 N. Magnolia

Swift Elementary Specialty School

5900 n winthrop ave

chicago, IL, 60660

PK, K-8Public
B-

Albany Park Community Center

5101 n kimball ave 1

chicago, IL, 60625

PKPublic

North River Elementary School

4416 n troy st

chicago, IL, 60625

PK, K-8Public
C+

Baby Toddler Nursery

2200 main st

evanston, IL, 60202

PKPublic

East Prairie Elementary School

7616 e prairie rd

skokie, IL, 60076

PK, K-8Public
A
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Internet available near 5941-43 N. Magnolia

Getting around Chicago near 5941 N Magnolia Ave

Walking

10/10
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

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 5941 N Magnolia Ave, Chicago

Groceries

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

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

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

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

9/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 5941 N Magnolia Ave

Whole Foods Market
6009 N Broadway St
Kukulu Market
6135 N Broadway St
ALDI
6221 N Broadway St
Supermercado Almita
5957 N Clark St
Super Food
1049 W Bryn Mawr Ave

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