Presidential Towers Apartments

If you’re searching for a great apartment in downtown Chicago, and affordable luxury and location are most important to you, make sure you give Presidential Towers a look!

Exterior view of the four towers that make up Presidential Towers Apartments in downtown Chicago

555 W Madison Street, Chicago, IL 60661

What neighborhood is Presidential Towers in?

The Presidential Towers Apartment building is located in the West Loop neighborhood of Chicago.

What year was this building built?

“PT” was built in 1988 and remodeled in 2014.

How many units and floors does the property have?

There are 4 separate towers, each 49 stories tall, holding an impressive 2,346 apartments.

How much is rent at Presidential Towers?

  • Studios from $1,600
  • Convertibles from $1,840
  • 1 Bedrooms from $1,935
  • 2 Bedrooms from $2,840

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Features & Amenities for Presidential Towers

  • Balcony – None
  • Central Air – Yes
  • Dishwasher – Some
  • Dogs – Weight Limit
  • Flooring – Some Carpet/Some Hardwood
  • Laundry – On Site
  • Security – 24 Hour Doorman
  • Smoking – No
  • Stove – Electric
  • Value Property
  • WD in select units

About Presidential Towers Apartments

Presidential Towers’ four buildings, which straddle the border of West Loop and the Loop, are an iconic part of the skyline. Yes, you read that right – FOUR towers. This West Loop mega-development has been the go-to for renters looking for an affordable apartment in West Loop, while still getting great quality.

Presidential Towers was built in 1986, but don’t let the age fool you. With age comes larger apartments, and an extensive remodel has delivered updated apartments and fresh shared spaces.

Where exactly is Presidential Towers located? It’s on the east border of Chicago’s awesome West Loop neighborhood, in an area called West Loop Gate, making it just a couple block walk to the Loop. In fact, famed Willis Tower is just an 8-minute walk away! This affordable, luxury mega-development takes up an entire two full city blocks and is bound by Madison, Monroe, Clinton and Desplaines Streets.

If you’re on the search for an apartment in Chicago that has everyday conveniences nearby, Presidential Towers has you covered. Both Mariano’s and Whole Foods are a 6-minute walk west. Pharmacy and late-night convenience runs are easy too, with Walgreens a 7-minute walk west and CVS 7-minutes east. And for a quick bite to eat, all you need to do is walk downstairs. Potbelly, Naf Naf Grill, Five Guys, Blaze Pizza and Blackwood BBQ are all located on the ground-floor level along Clinton Street. If you want a bite to eat that’s a little more high-brow, head just a half-mile north and check out the incredible restaurants in the Fulton River neighborhood.

So what do people love about living at Presidential Towers? First, the price is right. Affordable rent in Chicago can be hard to find, especially in a neighborhood as great as West Loop, and Presidential Towers is a great value. You won’t find the flashier amenities that some higher-end luxury apartment buildings have, but you might find you don’t miss them either!

Rent at Presidential Towers, and you’ll have all your basic needs covered and then some! If you have a car, parking at Presidential Towers is easy, with over 1,100 spots available. And if you use public transport, both the CTA and Metra trains are super close. This truly is a commuter-friendly apartment building!

A 24-hour doorman greets Presidential Tower’s residents, too. And the best perk of all – the million-dollar views! At 49 stories tall, each of the four towers offer up spectacular peeks of downtown Chicago. In fact, the towers were staggered to take advantage of the skyline views; a brilliant move on the developer’s part.

If you’re looking for an apartment with a great fitness center, Presidential Towers offers residents an affordable membership to its attached 52,000 square-foot Fitness Formula Health Club (FFC). Jog, bike, row and sling around free weights; this gym has got it all! Plus, FFC has an awesome rooftop pool with a huge deck where you can lounge and soak up the summer sun.

The apartments for rent at Presidential Towers are recently renovated and offer lots of different features and floor plans. From extra affordable (and spacious) studio and convertible apartments to roomy one and two-bedrooms, find the unit that best suits your needs.

One awesome thing about renting at a mega-development like Presidential Towers is that there are so many units, you have options! Choose an apartment with the view you love most and pick the finishes that suit your taste too. These recently renovated apartments have cabinetry options, granite countertops and some units have breakfast bars as well. And even though Presidential Towers is known for being affordable, the units have generous closet space, new appliances and window treatments.

The Neighborhood

Presidential Towers is located in one of Chicago’s most popular downtown neighborhoods – West Loop!

Bordering the heart of downtown Chicago, the neighborhood is close to…well, everything! From Presidential Towers, you can walk to work, amazing restaurants and all the fun stuff that makes Chicago an incredible city. West Loop is also an easy neighborhood to call home, with quick access to everything from public transit to grocery stores.

Restaurants Near Presidential Towers Apartments

For food lovers, the West Loop is the neighborhood for you! Live at Presidential Towers, and you’re less than a mile to Randolph Street (aka Restaurant Row). Nearby Fulton River is flush with great bites too. A few super-close favorites include:

  • Yolk West Loop: Breakfast
  • Sepia: Upscale American
  • Slightly Toasted: Gastro Pub
  • Haymarket Pub: Cold Beer & Food

Transportation Options

If you work in the Loop, renting an apartment at Presidential Towers means you can walk to work. But, if you need to take public transport, it’s so close! Hop on the Pink/Green Line at the Clinton Station, which is just a quarter-mile north. If you take the Metra to work, the Ogilvie Transportation Center is a 4-minute walk north, and Union Station is 4-minutes south

Access to 90/94 is incredibly easy too, with the on-ramp just a quarter-mile from Presidential Tower’s parking garage.

Parks and Recreation

While the West Loop is known for being quite urban, it does have a few parks nearby. Both have just enough green space that you can find a little peace in the middle of your urban oasis:

  • Heritage Green Park
  • Mary Bartelme Park

Universities and Employers

If you work or go to school in the West Loop or the Loop, Presidential Towers is a great apartment building to live in. Some notable nearby colleges and employers include:

  • Midwestern Career College
  • RSM
  • CME Group
  • Social Security Administration
  • CEM Group
  • emnos USA Corp
  • Exelon Corporation
  • GATX Corporation
  • Strategic Hotels & Resorts

Grocery and Convenience

When you rent an apartment in Presidential Towers, everything you need to survive is close-by. And by survive, I mean pints upon pints of Ben and Jerry’s are practically within arms reach. Grocery stores and drug stores near Presidential Towers include:

  • Mariano’s
  • Whole Foods
  • Metro Spice Market (Indian Grocery Store)
  • H-Mart (Asian Grocery Store)
  • City Fresh Market
  • CVS
  • Walgreens

Fill out this form and we’ll be in touch with you – ASAP.

Find Your New Apartment

If you’re in the market for a luxury apartment in Chicago, you’ve landed in the right spot. At HotSpot Apartment Rentals, we’re experts in Chicago’s best downtown apartments and know each neighborhood in and out. Together, we’ll discover the neighborhood and apartment that fits your lifestyle, budget, wants, and needs.

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Pricing, availability, and specials 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, it is subject to errors and omissions.