Presidential Towers
555 W Madison St,
Chicago, IL 60661
$1,625 - $9,335 | Studio - 2 Beds
Columbia College Chicago
Chicago, IL
Columbia College Chicago - Chicago, IL
Area Guide
A prime South Loop location for one of Chicago’s top universities
Private
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Urban
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Walkable
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Public Transportation
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Parks
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Outdoors
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Dining
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Nightlife
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Entertainment
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Historic
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Columbia College Chicago is a first-rate institution that puts you right at the center of the action in one of America’s most vibrant and exciting cities. The institution is most famous for its world-class programs related to media and the arts, and serves as a major player in the city’s cultural landscape. The Museum of Contemporary Photography is one of the college’s most popular public-facing achievements, and its rotating exhibits are well worth checking out any time you have a free moment.
With its campus located right across the street from Grant Park and within sight of Buckingham Fountain, living around Columbia College will put you in one of the most desirable areas of town. Many of Chicago’s best restaurants, bars, museums, and other attractions are within a few blocks, and of course the city’s public transportation system makes it easy to explore the broader community without a personal vehicle. Those same transit options also open up a wealth of options when it comes to finding a place to live—the South Loop area can be quite pricey, but you can often find some great deals on apartments, houses, and condos slightly farther south in neighborhoods like Chinatown and Bridgeport.
Rent Trends
As of April 2025, the average apartment rent in Chicago, IL is $1,548 for a studio, $1,929 for one bedroom, $2,437 for two bedrooms, and $2,901 for three bedrooms. Apartment rent in Chicago has increased by 2.6% in the past year.
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Studio
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440 sq ft
Average Sq Ft
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$1,548/month
Average Rent
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1 BR
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660 sq ft
Average Sq Ft
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$1,929/month
Average Rent
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2 BR
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921 sq ft
Average Sq Ft
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$2,437/month
Average Rent
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3 BR
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1,174 sq ft
Average Sq Ft
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$2,901/month
Average Rent
Transportation
83
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
66
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
77
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Schools
Hawthorne Elementary Scholastic Academy
Public
Grades K-8
604 Students
10
Public
Grades PK-8
529 Students
10
Skinner North Elementary School
Public
Grades K-8
490 Students
10
Public
Grades PK-8
451 Students
10
Public
Grades K-8
404 Students
10
Hawthorne Elementary Scholastic Academy
Public
Grades K-8
604 Students
10
Public
Grades PK-8
529 Students
10
Skinner North Elementary School
Public
Grades K-8
490 Students
10
Public
Grades PK-8
451 Students
10
Public
Grades K-8
404 Students
10
Jones College Prep High School
Public
Grades 9-12
1,941 Students
10
Payton College Preparatory High School
Public
Grades 9-12
1,233 Students
10
Northside College Preparatory High School
Public
Grades 9-12
1,040 Students
10
Hancock College Preparatory High School
Public
Grades 9-12
1,013 Students
10
Devry Advantage Academy High School
Public
Grades 11-12
135 Students
10
School data provided by
GreatSchools
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.
Points of Interest
Shopping Centers
Parks and Recreation
- Field Museum of Natural History
- Burnham Park
- John G. Shedd Aquarium
- Women's Park and Gardens
- Grant Park
Airports
- Chicago Midway International
- Chicago O'Hare International
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Methodology
† 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 February 2025.