Jide Maduako, 18, will stay with Ilkeston for one month and could make his debut for the Derbyshire club on Saturday when they host Whitby Town in the Evo-Stick League Northern Premier Division.
Maduako joined Leicester's academy last season, signing his first professional contract with the Foxes at the end of the campaign and subsequently becoming a regular for the Under-21 team this term.
Meanwhile, City have added promising youngster Karlton Watson to their Under-21 ranks.
Subject to clearance being received from the Football Association and the Football League, the 20-year-old defender will join the club's development squad under the guidance of coach Steve Beaglehole after signing a professional contract this week.
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