Penthouse Apartments in Downtown Chicago That You Can Afford!

East View from Axis Penthouse Apartments

When people hear the words penthouse apartment they automatically assume, “Oh no, that’ll be over my budget. There’s no way I’ll be able to afford a penthouse.”Turns out, Chicago’s luxury apartments have a few penthouse surprises that will make you feel like you’re a high roller – even on a reasonable budget. Let’s take a look at five unique penthouse apartments that have the “it” factor and could have you saying, “Check out my new penthouse!”


Penthouse Studio Apartment at Axis

The X marks the spot at this luxury Streeterville penthouse apartment. Named after the structural diagonal Xs cascading down the building, Axis offers a penthouse floor of units ranging from studios starting at $1,550 to 2 bedrooms at $2,600. Yes, $1,520 for a penthouse studio apartment!

Each unit has spectacular views, stainless steel appliances, hardwood floors, and oversized windows. A great place to call home after your night shift at Northwestern Hospital.

Burnham Pointe

With a mixture of one and two bedroom plus den apartments, these South Loop penthouse homes are a hot commodity. Several are actually duplex units, incorporating space on the 27th and 28th floors – a rarity in high-rise properties. Originally built as condos, the quality here far exceeds many managed rental properties.

Some extra perks I love are the over-sized balconies, built-in fireplaces, and floor-to-ceiling windows, overlooking gorgeous sunsets. When available, you can typically find these penthouse apartments with a price tag ranging from $2,523 – $6,025.

Randolph Tower

After massive renovations and restorations in 2011, Randolph Tower managed to maintain its original historic architectural elements and added a fresh twist with modern decor.

A Gothic Revival landmark in the Loop, it isn’t often you can say you lived in a penthouse of a historic building. With 15 floors designated to penthouse units, this property offers eight different 2 bedroom, 2 bath floorplans, typically ranging from $2,870- $5,630.

Check out a virtual tour of them of the 2 bedroom penthouse apartment here.

While the perks in each unit vary, the quality remains consistent. Frosted glass accents, genuine hardwood floors, Gothic windows, and unbelievable 120-360 degree skyline views are standard. Talk about something unique – one penthouse features a 360 degree terrace that wraps around the entire building!


This by far is the most homey-feeling duplex penthouse I’ve ever stepped into. I almost forgot I was on the 22nd floor of a highrise building, until I caught a glimpse of the Trump Tower from these floor-to-ceiling windows.

European Styling and High End Finishes in These Trio Penthouse Apartments

The owners spared no expense on these high end finishes, installing European kitchens, Brazilian wood cabinetry, mosaic tile back splashes, butler pantries and wet bars. There’s even exotic ceramic tile flooring in a bathroom.

These five duplex penthouses in the Fulton River District range from 2 bedrooms, 2.5 bath for $3800, to 3 bedroom, 2 baths for $6450. The rent even includes parking and utilities!

500 Lake Shore Drive

This building is just hard to dislike. Situated steps from Lake Shore Drive, it offers four floors of penthouse apartments, ranging from $2,200 for studios to $8,295 for 3 bedrooms. You work hard. Why not reward yourself with unmatched lake and city skyline views – from your penthouse apartment no less!

These stunning Streeterville penthouses offer a chef’s dream kitchen, featuring built-in paneled Sub-Zero refrigerators and beverage centers. There’s also wide plank flooring, and cellular reception enhancement, which you’ll definitely need in your new paradise penthouse!

Oh, and if you decide to splurge, they offer one of the nicest, and priciest, penthouse apartments in Chicago. For a cool $18,000, you get 2,800 square feet with private elevator access – how fancy!

If a downtown Chicago penthouse or other luxury Chicago apartment is in your future, send us a message. A downtown penthouse apartment just might be in your future!