Presidential Towers
Presidential Towers Apartments
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 St, Chicago, IL
Building Type
Rental
Year Built / Renovated
1989 / 2010
Amenities
Average rating of 3.5 based on 14 reviews
Dan
Sharon
Stephan
Presidential Towers Available Listings
Frequently Asked Questions
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.