Presidential Towers
555 W Madison St,
Chicago, IL 60661
$1,615 - $9,445
Studio - 2 Beds
As the largest university in the area, the University of Illinois at Chicago enrolls over 29,000 students in the heart of the Near West Side. Though relatively young (established in 1965), UIC has built a reputation as one of the finest academic institutions in the Midwest. The East Campus is home to the School of Architecture, the Institute for Humanities, the Honors College, and the Science & Engineering Labs. With the East Campus directly south of Greektown and next door to Little Italy, the unbelievable Mediterranean restaurants along Halsted Street and the eclectic eateries lining Taylor Street are easily within reach for lunch or dinner anytime. Major Chicago hotspots like The Loop and Randolph Street are close at hand as well, giving you direct access to the city’s trendiest dining, nightlife, and attractions. Apartments and condos in this area can get quite pricey, but Chicago’s extensive public transportation system helps expand your options to more affordable neighborhoods.
As of January 2026, the average apartment rent in Chicago, IL is $1,585 for a studio, $1,960 for one bedroom, $2,475 for two bedrooms, and $3,010 for three bedrooms. Apartment rent in Chicago has increased by 1.6% in the past year.
Studio
441 sq ft
Average Sq Ft
$1,585/month
Average Rent
1 BR
661 sq ft
Average Sq Ft
$1,960/month
Average Rent
2 BR
916 sq ft
Average Sq Ft
$2,475/month
Average Rent
3 BR
1,200 sq ft
Average Sq Ft
$3,010/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Mount Greenwood Elementary School
Public
Grades K-8
1,172 Students
Public
Grades PK-8
976 Students
Public
Grades K-8
886 Students
Hawthorne Elementary Scholastic Academy
Public
Grades K-8
604 Students
Public
Grades PK-8
601 Students
Mount Greenwood Elementary School
Public
Grades K-8
1,172 Students
Public
Grades PK-8
976 Students
Public
Grades K-8
886 Students
Hawthorne Elementary Scholastic Academy
Public
Grades K-8
604 Students
Public
Grades PK-8
601 Students
Northside College Preparatory High School
Public
Grades 9-12
1,040 Students
Hancock College Preparatory High School
Public
Grades 9-12
1,013 Students
Devry Advantage Academy High School
Public
Grades 11-12
135 Students
Jones College Prep High School
Public
Grades 9-12
1,941 Students
Von Steuben Metro Science High School
Public
Grades 9-12
1,656 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.