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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
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Property Overview

5553-59 N. Magnolia is a highly rated, competitively priced property, with a Zumper Expert Rating of 9.4/10 and strong scores for price, amenities, quality, and trustworthiness. Residents benefit from modern conveniences like in-unit laundry, updated kitchens, contemporary finishes, central heat and air, and hardwood flooring, along with outstanding location access to schools and daily needs. Its pet-friendly setting is supported by nearby pet supply stores, grooming services, hospitals, and multiple dog parks.

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
  • More space

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath533 sqft- Modern Andersonville 1-bed - Updated kitchen - Stone countertops - SS appliances - Dishwasher - Microwave - Central air - Queen-sized bedroom - Internet included - Laundry in-unit - Hardwood flooring Please note: Photos are of a sibling unit; layout and finishes may slightly differ. Magnolia & Bryn Mawr - Central air and heat - In-unit laundry - Contemporary finishes - Cat friendly - 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
2BR/2.0BA2 bed2 bath1,100 sqft- Andersonville 2-bed duplex-down - Central AC - Modern kitchen - SS appliances - Dishwasher - Microwave - Stone countertops - Internet included - Two bathrooms - Laundry in-unit - Ceiling fan - Hardwood flooring Please note: Photos are of a sibling unit; layout and finishes may slightly differ. Magnolia & Bryn Mawr - Central air and heat - In-unit laundry - Contemporary finishes - Cat friendly - 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

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Rent trends in Edgewater

Median rents as of Apr 25 2026.
Edgewater
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
May 2024$1,751
June 2024$1,764
July 2024$1,931
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
A table of studio rental data trends in Edgewater
MonthMedian Rent
May 2024$1,152
June 2024$1,169
July 2024$1,178
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

Schools near 5553-59 N. Magnolia

Peirce School of International Studies

1423 w bryn mawr 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 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

8/10
This area is close to freeways and has adequate 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
At least one supermarket within a 5-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

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

High schools

8/10
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

6/10
Several bars within a few minutes’ walk

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