Presidential Towers
555 W Madison St,
Chicago, IL 60661
$1,710 - $9,575 | 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 August 2025, the average apartment rent in Chicago, IL is $1,586 for a studio, $1,963 for one bedroom, $2,494 for two bedrooms, and $3,001 for three bedrooms. Apartment rent in Chicago has increased by 4.9% in the past year.
Studio
441 sq ft
Average Sq Ft
$1,586/month
Average Rent
1 BR
659 sq ft
Average Sq Ft
$1,963/month
Average Rent
2 BR
917 sq ft
Average Sq Ft
$2,494/month
Average Rent
3 BR
1,176 sq ft
Average Sq Ft
$3,001/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 K-8
886 Students
Hawthorne Elementary Scholastic Academy
Public
Grades K-8
604 Students
Public
Grades K-8
404 Students
Decatur Classical Elementary School
Public
Grades K-8
323 Students
Mount Greenwood Elementary School
Public
Grades K-8
1,172 Students
Public
Grades K-8
886 Students
Hawthorne Elementary Scholastic Academy
Public
Grades K-8
604 Students
Public
Grades K-8
404 Students
Decatur Classical Elementary School
Public
Grades K-8
323 Students
Hancock College Preparatory High School
Public
Grades 9-12
1,013 Students
Devry Advantage Academy High School
Public
Grades 11-12
135 Students
Von Steuben Metro Science High School
Public
Grades 9-12
1,656 Students
Northside College Preparatory High School
Public
Grades 9-12
1,040 Students
Phoenix Military Academy High School
Public
Grades 9-12
463 Students
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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 June 2025.