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Seminary Properties and Management, Ltd.
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5653-59 N. Magnolia is a highly rated option with strong marks for price, amenities, location, quality, and trustworthiness, alongside standout value for money. It also offers practical features like a dishwasher, hardwood floors, a balcony, in-unit laundry, spacious bedrooms, and granite countertops, with nearby schools and a useful photo set adding to its appeal.
Things you’ll love
Less expensiveHigh school nearbyImages Available| 0BR/1.0BA | Studio | 1 bath | $1,300 /mo | 1 unit available | Call Edgewater home with this great studio apartment. This unit features a modern, galley-style kitchen equipped with updated appliances, a dishwasher, and wood cabinetry, with enough room for a small table. Hardwood floors throughout the unit provide a unique and cozy living space which is enhanced by the private patio, perfect for enjoying the fresh air. Amenities of this apartment include in-unit laundry, central heat and air, and close proximity to the CTA Bryn Mawr Red Line. Residents are nestled on the boarder of Edgewater and Andersonville, providing a plethora of unique shops, restaurants, and a bustling nightlife, as well as easy access to the beaches and waterfront paths. Please read this important information before applying: This apartment lease will include a one-time, non-refundable Administration Fee of $300.00 per adult on the lease. Minors living at the apartment with their parents or guardians are exempt. If you are applying with a cosigner or cosigners, their Administration Fee will be $100.00 per cosigner instead of $300.00. When you apply, an Application Fee of $200.00 per person will be owed for every adult (“adult” meaning “a person who is 18 years of age or older, or a minor living without a guardian”) that is applying to live in the apartment. This Application Fee is comprised of a $150.00 down-payment that removes the apartment from the market while your application is being processed, and a $50.00, non-refundable Credit Check Fee. If you are not approved for the apartment, the $150 down-payment will be refunded to you; if you are approved, it will be applied towards the Administrative Fee, with the remainder due when you sign your lease. However, if you decide to cancel your application, you will forfeit the $150.00 down-payment. Credit Check Fee: $50.00 Per-Occupant, One-Time, Non-Refundable Administration Fee: $300.00 ($100.00 per cosigners) Total amount per occupant: $350.00 Application Fee: $200.00 per person Total amount due after approval, per occupant: $150.00 Credit check fee per cosigner: $50.00 Per-Cosigner, one-time, non-refundable Administration Fee: $100.00 Total amount per cosigner: $150.00* *Cosigner pays a $200.00 Application Fee; the extra $50.00 from the application fee beyond the cosigner’s cost will be applied in the form of a credit onto the apartment account. Other possible costs: Pet Fee: $150.00 per pet, per lease term (maximum three pets, no dogs) The apartment you are applying for will only be removed from the market once the $200.00 Application Fee is received from every adult and unaccompanied minor who is applying. Until that happens, the apartment will continue to be listed and other parties will be welcome to apply for it. Each Seminary Properties apartment has a maximum occupancy limit. This limit is a 1-person to-1 bedroom ratio which applies to all apartments except for studio and one-bedroom apartments, which have a limit of 2 legal adults. The occupancy limit does not apply toward minors living with their parent(s) or guardians but does apply toward minors who are living on their own. There is no security deposit associated with this apartment. Seminary Properties allows for most kinds of standard domestic pets (e.g., cats, caged-birds, fish), but dogs of any size, breed, or temperament are not permitted. A Pet Fee of $150.00 per pet will be owed when you sign your lease, and whenever you choose to renew your lease – i.e. roughly once a year. Both this apartm.. |
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Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Hardwood Floor | Patio |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Onsite Laundry |
Services
| Trash & Sewer |
One-time.
| Units | 32 |
|---|
We now offer virtual video tours of all of our apartments! Schedule a virtual tour and rent this apartment from the comfort and safety of your home! Apply online! Unforgettable apartments in Andersonville features central air, gas forced air heating, updated kitchen with granite countertops, dishwasher, open large combination living and dining rooms, exposed brick, hardwood floors throughout, spacious bedrooms, good closet space, central heat and air, in-unit laundry, balcony, cats welcome and short walk to the Bryn Mawr Red Line! No, dogs, please. Won't Last Long!
How 5653-59 N. Magnolia compares to other nearby properties.
Positives
Considerations
studio apartments at 5653-59 N. Magnolia cost about 5% less than the average rent price for studio apartments in Edgewater.
| Month | Median Rent |
|---|---|
| July 2024 | $1,922 |
| 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 | $1,695 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,185 |
| 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 |
Can I afford to live at 5655 N Magnolia Ave?
Bedrooms
StudioRent-to-income ratio
30%
$52,000/yr
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Edgewater • 5300 N Sheridan Rd
Studio–1 Bed
$1,275–$1,695
Portage Park • 3955 N Lamon Ave
Studio–1 Bed
$1,175–$1,450
Edgewater • 5250 N Sheridan Rd
Studio–1 Bed
$1,295–$1,695
Lakeview • 1623 West Belmont Avenue
1–2 Beds
$1,595–$2,295
Lincoln Park • 2048 N Cleveland Ave
Studio
$1,395–$1,450
Jefferson Park • 4425-31 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite Ave
1 Bed
$1,425–$1,500
Edgewater • 5300 N Sheridan Rd
Studio–1 Bed
$1,275–$1,695
Portage Park • 3955 N Lamon Ave
Studio–1 Bed
$1,175–$1,450
Edgewater • 5250 N Sheridan Rd
Studio–1 Bed
$1,295–$1,695
Lakeview • 1623 West Belmont Avenue
1–2 Beds
$1,595–$2,295
Lincoln Park • 2048 N Cleveland Ave
Studio
$1,395–$1,450
Jefferson Park • 4425-31 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite Ave
1 Bed
$1,425–$1,500
