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Presidential Towers

555 W Madison StChicago, IL
West Loop Gate


Presidential Towers Apartments

--- Apartments Available

Building Price Trend


Presidential Towers Overview and Highlights

Overview

Presidential Towers in Chicago: A Distinguished Residential Complex in the West Loop


Presidential Towers is a prominent multi-tower residential apartment complex located at 555 W. Madison Street in Chicago, Illinois. Built in 1986, it consists of four 49-story skyscrapers that rise atop a substantial retail and parking base, occupying two full city blocks bounded by Madison, Monroe, Clinton, and Desplaines streets in the vibrant West Loop neighborhood.


Architectural and Historical Significance


The complex was developed on land formerly known as Chicago's skid row and was notable for its ambitious scale and investment, including more than $100 million in direct funding and an unprecedented guarantee from the Federal Housing Administration during its construction phase. The towers are positioned in a staggered layout to maximize skyline views of the Chicago Loop and surrounding areas for all 2,346 apartment units. Designed as a self-contained community, the base includes an inward-facing retail mall and a large parking garage with over 1,160 spaces.


Living Experience and Building Amenities


Presidential Towers offers residents a range of amenities enhancing both comfort and convenience. The complex features:


- 24-hour doorman and concierge services, as well as controlled access for security.


- A comprehensive fitness center, including access to the 52,000-square-foot Fitness Formula Club health facility, which boasts cardio equipment, weightlifting areas, and a rooftop pool with a large deck perfect for summer relaxation.


- Shared community spaces such as a sundeck, barbeque and picnic areas, children’s play area, and private workstations with Wi-Fi.


- On-site dining options and retail shops directly accessible within the complex.


- Modern conveniences including package services, bike and additional personal storage, laundry facilities, and digital communication features such as ultra-fast fiber internet and premium cable television packages.


Apartment Features and Renovations


Though originally built in the 1980s, Presidential Towers has undergone extensive renovations to modernize its apartments and common areas. These updates ensure the units offer a blend of classic high-rise architecture with contemporary comforts. Apartment highlights include:


- Spacious floor plans with studios, one-bedroom, and two-bedroom layouts available.


- Fully equipped kitchens featuring updated cabinetry options in espresso or oak tones, granite countertops, and breakfast bars in select units.


- Hardwood or wood-inspired flooring, in-unit washers and dryers in select apartments, and window coverings.


- Bathrooms enhanced with cultured marble vanities and decorator lighting.


- Balconies or terraces with sweeping views of Lake Michigan, Willis Tower, and the Chicago skyline depending on the tower.


- Housekeeping services, utilities including air conditioning, and premium furniture packages available.


Location and Neighborhood Benefits


Presidential Towers is ideally situated at the juncture of Chicago’s West Loop and Loop neighborhoods, providing exceptional access to transportation options such as Metra trains, CTA buses and trains, and nearby interstates I-90/94, I-55, and I-290. The area around the complex is rich with amenities including:


- Numerous restaurants, coffee shops, grocery stores, and parks all within walking distance.


- Proximity to notable Chicago destinations such as the French Market, Millennium Park, Union Station, DePaul University, Columbia College, and major employers including Deloitte, Google, and Salesforce Tower.


- A neighborhood ethos blending historic architecture with a burgeoning culinary and cultural scene, including Fulton Market and the nearby Riverwalk.


Community Engagement and Policies


Presidential Towers hosts community events such as the annual "Fight for Air Climb" stair race and has been recognized for its healthy living initiatives, including implementing one of Chicago’s largest smoke-free residential policies since 2015. The property also offers safety and guest accommodations such as guest suites and on-site emergency maintenance services.


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Presidential Towers remains a landmark residential address in Chicago that harmonizes urban convenience, comprehensive amenities, and spectacular views, making it a distinctive choice for those seeking a dynamic city living experience in the heart of the West Loop.

Address

555 W Madison StChicago, IL

Building Type

Rental

Year Built / Renovated

1989 / 2010

Amenities

Cats
Dogs
Parking
Fitness Center
Swimming Pool
Storage Room

Average rating of 3.5 based on 14 reviews

Stephan

Studio
Moved In Aug 2020
Very poor management. Lots of hidden fees, not refunding application fee, credit check fee etc

Alexandra

Moved In Jun 2016
from Chicago, IL
Our experience has been fairly good so far. It's a good neighborhood; although, it does get quiet in the evenings and on the weekends with little community engagement in the general West Loop. The elevators are fantastic and I am disappointed to have to use any traditional ones elsewhere. Laundry is on expensive side at $1.75 a load, but there is a laundry room located in the lower level of every tower, which is convenient. It sucks that utilities are not included with the rent, which can make it more costly on a monthly basis than even the broker preps you for in a listing of expenses. Honestly the only apartment complex I've rented or looked at in Chicago that charges for water. It's a great location if you need to commute via the Metra, or the green/pink CTA lines. There are plenty of bus lines to downtown nearby too. Working with Residential Services on any issues you may have can be a hit or miss in terms of politeness and helpfulness of the staff. Maintenance gets work orders done in a timely manner; although, setting up work order requests is kind of a pain when there are more than one tenants in a unit and their online system defaults to selecting only one tenant's account to contact. You also have to pay the rent online (regular checks are highly discouraged), which once again can complicate things if you have roommates. The package holding system is great and I feel much more secure about ordering and having items shipped here versus previous apartments I have rented from.
What did you like most?
It's incredibly convenient for commuting to work in the suburbs and close to many good places to eat. I also love that you can walk in through the buildings and access the Walmart grocery store whenever you need to.

Balaji

1 bedroom
Moved In Nov 2014
from Evanston, IL
Picked the place for location and VFM, happy with my choice.
What did you like most?
Location, location, location
What did you like least?
Can get very crowded

Frequently Asked Questions

There are 145 units available at Presidential Towers, as of 6 hours ago.
Presidential Towers is located in the West Loop Gate neighborhood of Chicago.
Prices & availability for Presidential Towers were updated 6 hours ago.
No, apartments at Presidential Towers do not have in-unit laundry, however, the building does have on-site laundry facilities.
Yes! You can reach out here to get in touch with a broker and see virtual tours, videos of specific units, and get more information on individual units.
Presidential Towers has 14 reviews on our site, with a total score of 3.57 / 5 stars.
Yes, Presidential Towers allows cats.
Yes, Presidential Towers allows dogs.

Location & Neighborhood

West Loop Gate

Do you need easy access to the suburbs but want to live in the city? Check out the West Loop Gate neighborhood for easy access to Metra trains at Ogilvie Station. Residents live in a mix of mid-rise lofts and high-rise buildings, and many take advantage of their balconies in the summer.

West Loop Gate is located between The Loop and West Loop, just east of the I-90/94 Highways. It’s a transit-oriented neighborhood and is considered a transportation hub for downtown Chicago. It’s also extremely walkable and bikeable, meaning a car is not necessary.


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Disclaimer

Pricing, availability, and concessions are subject to change at any time and without notice. Photos may be of various model units and apartment availability and lease terms may vary. Information is believed to be accurate, however is subject to errors and omissions. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.