Zumper
modified
Updated 2 Days Ago

Highlights

  • Zero Deposit
  • Pet Friendly
  • In-unit laundry
  • Modern conveniences
  • Updated kitchens
  • Contemporary finishes
  • Central heat and air
  • Hardwood flooring

Location

5553 N Magnolia Ave, Chicago, IL 60640, USA|Edgewater
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour 5553-59 N. Magnolia

Contact

Management

ICM Properties, Inc.

Our team has verified this company

Leasing office

(773) 906-8190

Property Overview

5553-59 N. Magnolia is a highly rated, verified property with strong scores across price, amenities, location, quality, and trustworthiness, pointing to a well-rounded rental option. It features in-unit laundry, updated kitchens, contemporary finishes, central heat and air, and hardwood flooring, while its value per square foot and nearby pet resources add to its appeal.

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
5553-59 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

  • Middle school nearby

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath546 sqft$1,875 /mo1 unit available- Modern 1-bed Garden - SS appliances - Dishwasher - Microwave - Stone countertops - Ceiling fans - Laundry in-unit - Hardwood flooring - Sleek bathroom finishes - Standing shower (no tub) - Central air - Internet included Please note: Photos are of a sibling unit; layout and finishes may slightly vary. Magnolia & Bryn Mawr - Central air and heat - In-unit laundry - Contemporary finishes - Cat friendly - Primary internet service included - Easy access to Lakefront - A block to the Bryn Mawr Red-Line Station - Easy CTA bus access (#36, #84, #151, #136, #22, #50) - Great shops and restaurants just steps away - No security deposit! - Assigned building engineer - 24-Hour Emergency Call Center - 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

Let's explore this property.

Amenities for 5553-59 N. Magnolia

Apartment Amenities

Air ConditioningCentral Air

Appliances

DishwasherIn-Unit Laundry
Microwave

Tech

Internet Included

Building

Cats OKDogs OK
Onsite 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

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units28
Advertisement

About 5553-59 N. Magnolia

HomeApartments in ChicagoEdgewater 5553-59 N. Magnolia

Experience cozy North Side living at 5553 N Magnolia, a modern building offering one and two-bedroom residences with primary internet service included, central heat and air, in-unit laundry, hardwood flooring, and updated kitchens with clean, contemporary finishes. The building is cat friendly, requires no security deposit, and is supported by a 24/7 emergency maintenance team, ensuring residents have reliable care at all hours. Steps from the Bryn Mawr Red Line, multiple bus routes, and the lakefront, this location delivers effortless access to transit, trails, beaches, and neighborhood essentials. Comfortable interiors, modern conveniences, and exceptional connectivity make this a standout Chicago home.


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
5553-59 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 5553-59 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.
5553-59 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.
5553-59 N. Magnolia goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 5553-59 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.
5553-59 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.
5553-59 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 5553-59 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.
5553-59 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.

5553-59 N. Magnolia is great for:

Pet owners

  • 18 pet supply stores near the property
  • 4 pet grooming services nearby
  • 2 dog parks within 1 mile
  • 4 pet hospitals in the area

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 5553-59 N. Magnolia compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 2 miles away

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Edgewater

1-bedroom apartments at 5553-59 N. Magnolia cost about 1% more than the average rent price for 1-bedroom apartments in Edgewater.

Median rents as of Sep 26 2026.
Edgewater
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
October 2024$1,618
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
A table of studio rental data trends in Edgewater
MonthMedian Rent
October 2024$1,237
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$1,387
August 2026$1,426
September 2026$1,450

Affordability calculator

Can I afford to live at 5553 N Magnolia Ave?

Bedrooms

1 bedroom

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

$75,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $75,000 annually to afford this 1-bedroom monthly rent price of $1,875.
For more information on rent affordability, visit our rent calculator.

Schools near 5553-59 N. Magnolia

Powered byniche.com
Advertisement

Internet available near 5553-59 N. Magnolia

Getting around Chicago near 5553 N Magnolia Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
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

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 5553 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

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

High schools

7/10
At least one high school within a 15-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

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

Compare similar properties nearby

featured image of 1035 W Van Buren St

Landmark West Loop

Our team has verified this company

Near West Side • 1035 W Van Buren St

Studio–3 Beds

$2,225–$4,420

cats ok
Yes
on-site laundry
No
air conditioning
No
featured image of 1 E Delaware Pl

One East Delaware

Our team has verified this company

Near North Side • 1 E Delaware Pl

Studio–2 Beds

$2,266–$4,598

cats ok
Yes
on-site laundry
No
air conditioning
No
featured image of 29 S La Salle St

Millennium on LaSalle

Our team has verified this company

Loop • 29 S La Salle St

Studio–2 Beds

$2,179–$3,480

cats ok
Yes
on-site laundry
No
air conditioning
Yes
featured image of 1730 N Clark St

Eugenie Terrace on the Park

Our team has verified this company

Lincoln Park • 1730 N Clark St

Studio–3 Beds

$2,424–$11,482

cats ok
Yes
on-site laundry
Yes
air conditioning
No
featured image of 8501 Lotus Ave

Lotus Gardens Apartments

Our team has verified this company

8501 Lotus Ave

1–2 Beds

$1,650–$1,950

cats ok
Yes
on-site laundry
Yes
air conditioning
Yes
featured image of 4909 Church St

4909-21 Church

Our team has verified this company

4909 Church St

1–2 Beds

$1,650–$1,700

cats ok
Yes
on-site laundry
Yes
air conditioning
Yes
featured image of 1623 West Belmont Avenue

1617-1633 W Belmont

Our team has verified this company

Lakeview • 1623 West Belmont Avenue

1–2 Beds

$1,595–$2,295

cats ok
No
on-site laundry
No
air conditioning
No
featured image of 2450 W Wilson Ave

2450-58 W. Wilson/4601-11 N. Campbell

Our team has verified this company

Lincoln Square • 2450 W Wilson Ave

1–2 Beds

$1,995–$2,495

cats ok
Yes
on-site laundry
Yes
air conditioning
No
featured image of 1035 W Van Buren St

Landmark West Loop

Our team has verified this company

Near West Side • 1035 W Van Buren St

Studio–3 Beds

$2,225–$4,420

cats ok
Yes
on-site laundry
No
air conditioning
No
featured image of 1 E Delaware Pl

One East Delaware

Our team has verified this company

Near North Side • 1 E Delaware Pl

Studio–2 Beds

$2,266–$4,598

cats ok
Yes
on-site laundry
No
air conditioning
No
featured image of 29 S La Salle St

Millennium on LaSalle

Our team has verified this company

Loop • 29 S La Salle St

Studio–2 Beds

$2,179–$3,480

cats ok
Yes
on-site laundry
No
air conditioning
Yes
featured image of 1730 N Clark St

Eugenie Terrace on the Park

Our team has verified this company

Lincoln Park • 1730 N Clark St

Studio–3 Beds

$2,424–$11,482

cats ok
Yes
on-site laundry
Yes
air conditioning
No
featured image of 8501 Lotus Ave

Lotus Gardens Apartments

Our team has verified this company

8501 Lotus Ave

1–2 Beds

$1,650–$1,950

cats ok
Yes
on-site laundry
Yes
air conditioning
Yes
featured image of 4909 Church St

4909-21 Church

Our team has verified this company

4909 Church St

1–2 Beds

$1,650–$1,700

cats ok
Yes
on-site laundry
Yes
air conditioning
Yes
featured image of 1623 West Belmont Avenue

1617-1633 W Belmont

Our team has verified this company

Lakeview • 1623 West Belmont Avenue

1–2 Beds

$1,595–$2,295

cats ok
No
on-site laundry
No
air conditioning
No
featured image of 2450 W Wilson Ave

2450-58 W. Wilson/4601-11 N. Campbell

Our team has verified this company

Lincoln Square • 2450 W Wilson Ave

1–2 Beds

$1,995–$2,495

cats ok
Yes
on-site laundry
Yes
air conditioning
No

Check availability

Full name*
Move-in date*
Floor plan*
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 5553-59 N. Magnolia.