Magnolia Glen, Chicago, IL
Magnolia Glen — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Magnolia Glen, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Magnolia Glen Neighborhood Overview
Magnolia Glen is a centrally located neighborhood in Chicago, Illinois, positioned within the 60601 ZIP code. It offers residents a dynamic urban lifestyle with convenient access to the city's core amenities and employment centers. The area is characterized by a mix of residential and commercial development.
Lifestyle & Amenities
Residents enjoy proximity to a variety of dining, shopping, and entertainment options typical of a central Chicago locale. The neighborhood's urban setting provides walkable access to many daily needs and cultural attractions. Parks and green spaces are integrated into the cityscape for recreation.
Real Estate Market
The real estate market in Magnolia Glen features a median home value of $556,900, according to recent Census data. Current market metrics show an asking price per square foot of approximately $287.38. This indicates a premium, in-demand urban housing market.
Schools & Education
Families in Magnolia Glen are served by the Chicago Public Schools district. The area provides access to a range of public and private educational institutions. Prospective residents should research specific school ratings and programs to find the best fit.
Transportation & Connectivity
The neighborhood benefits from excellent public transit access, including CTA bus and train lines. Its central location offers easy connectivity to major expressways for regional travel. Walkability and bikeability scores are generally high in this part of the city.
Why Choose Magnolia Glen
Magnolia Glen is ideal for professionals and urban dwellers seeking a vibrant, connected lifestyle in the heart of Chicago. The neighborhood combines a strong housing market with a high median household income of $121,294. It represents a balanced choice for those wanting immediate access to the city's energy and opportunities.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Magnolia Glen Market Data
| Metric | Value |
|---|---|
| Median Home Price | $557K |
| Median Gross Rent | $3K/mo |
| Median Household Income | $121K |
| Homeownership Rate | 30.5% |
| Renter-Occupied | 69.5% |
| Rental Vacancy Rate | 7.2% |
| Market Type | Buyer's |
| Market Tier | Luxury |
| Primary ZIP Code | 60601 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Magnolia Glen, Chicago
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Magnolia Glen, Chicago, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12