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Updated 3 hours ago

5553-59 N. Magnolia


5553 N Magnolia Ave Chicago, IL

1 Bed
•
1 Bath

533 Sq. Ft.

Available starting Jun. 1st
Floor plans
1 Bed • 1 Bath
$1,995
533 ft2
1 Available
Managed By: ICM Properties, Inc.
5557.5-2W
$1,995
Available Jun 1st, 2026
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2 Beds • 2 Bath
$2,449
1200 ft2
0 Available
Managed By: 5553 5559 N Magnolia, Llc
5557.5 N Magnolia - 1E
$2,449
Rented
View
2 Beds • 2 Bath
$2,395
1300 ft2
0 Available
Managed By: 5553 5559 N Magnolia, Llc
5557.5-1W
$2,395
Rented
View
2 Beds • 2 Bath
$2,495 - $2,695
1100 ft2
0 Available
Managed By: 5553 5559 N Magnolia, Llc
5555-1W
$2,495
Rented
View
5553-1W
$2,695
Rented
View
Where you'll live
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5553-59 N. Magnolia
5553-59 N. Magnolia
5553-59 N. Magnolia
Fees & leasing info
Pets
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

Experience cozy North Side living at 5553 N Magnolia, a modern building offering one and two-bedroom residences with 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.

Additional Details
Total Unit Count: 28
Last Updated: Updated 3 hours ago
Contact Number: (773) 906-8190
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Radiate Holdings, LP 1000.0 20.0
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 500.0 20.0
Lynx Communications 200.0 50.0
ViaSat, Inc. 35.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5553-59 N. Magnolia by bedroom type below.
1 Bedroom
Suggested income:
$71,800
per year
Rent report

5553-59 N. Magnolia Rent vs. Chicago Average

 5553-59 N. Magnolia      Chicago Average
1BR
$1,995
$2,137
$0
$700
$1,400
$2,100
$2,800

5553-59 N. Magnolia is asking 7% less than the average 1 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 2 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Chicago studio apartment, you would pay 29% less per month.

5553-59 N. Magnolia provides 23% less square footage than the average Chicago 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5553-59 N. Magnolia
1BR $1,995 $3.70 $5,985
Chicago Average
Studio $1,658 $3.50 $4,974
1BR $2,137 $3.10 $6,411
2BR $2,561 $2.60 $7,682
3BR $3,045 $2.40 $9,135
4BR $2,173 $1.70 $6,520

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,268 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 36% 30% 10% 4%
Available Units in Chicago
Studio 2,375
1BR 4,268
2BR 3,535
3BR 1,127
4BR 451
Location
Nearby Colleges

Loyola University Chicago

City Colleges Of Chicago Harry S Truman College

North Park University

Northeastern Illinois University

DeVry University-Illinois

Campus Buildings and Attractions
Distance Walking Biking Driving
Granada Center 1.2 mi 24 min 9 min 3 min
Sullivan Center for Student Services 1.3 mi 25 min 9 min 3 min
Mundelein Center for the Fine and Performing Arts 1.3 mi 25 min 10 min 3 min
Damen Student Center 1.4 mi 27 min 11 min 3 min
Cudahy Library 1.4 mi 28 min 12 min 4 min
Nearby Hospitals
Name Distance
Methodist Hospital Of Chicago 0.86 mi.
Aurora Chicago Lakeshore Hospital, Llc Dba Aurora Chicago Lakeshore Hospital 1.05 mi.
Pipeline Wess Memorial Hospital Dba Louis A Weiss Memorial Hospital 1.31 mi.
Nearby Fire Stations
Name Distance
Lawrence Volunteer Fire Department 1.4 mi.
Evanston Fire Department 3.2 mi.
Lincolnwood Fire Department 4.06 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on June 01, 2026.
What's the square footage of the available units?
It's 533 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
Where is this property located?
This property is at 5553 N Magnolia Ave in Chicago, IL. It's 2.4 miles north from the center of Chicago.
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