Presidential Towers
555 W Madison St,
Chicago, IL 60661
$1,525 - $9,080 | Studio - 2 Beds
West Loop
Chicago, IL
West Loop - Chicago, IL
Area Guide
Experience the best of Chicago in West Loop
Public Transportation
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Upscale
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Walkable
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Dining
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Shopping
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Art
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Music
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Chicago’s West Loop has earned a reputation as one of the most exciting areas to eat, drink, and experience the city's best, so it’s no wonder locals are envious of anyone who gets to call this neighborhood home. Where industrial warehouses once stood, swanky high-rise apartments and condos now provide unbeatable views of the river and the city skyline. West Loop's convenient central location puts renters within walking distance of Downtown, Little Italy, and the Medical District. Numerous bus and rail lines passing through make it easy to commute anywhere in the city.
West Loop locals enjoy a mind-boggling selection of restaurants, bars, specialty grocery stores, art galleries, and performance venues. The mix of modern and classical architecture combined with the various public art installations reflects the neighborhood’s unique historic and creative influences, and a distinctive European flair permeates the whole environment. It’s a popular spot for outdoor community events too: Union Park plays host to major music festivals every summer, and the annual Randolph Street Market Festival is a local favorite. While West Loop’s cost of living may be a little higher than surrounding areas, the selection of dining and entertainment options make it worth the price for many renters.
Explore the Neighborhood
Brightly colored restaurants line the street
Nighttime traffic in West Loop
West Loop skyscrapers
Rent Trends
As of January 2025, the average apartment rent in West Loop is $2,009 for a studio, $2,558 for one bedroom, $3,698 for two bedrooms, and $4,982 for three bedrooms. Apartment rent in West Loop has decreased by -0.9% in the past year.
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Studio
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516 sq ft
Average Sq Ft
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$2,009/month
Average Rent
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1 BR
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730 sq ft
Average Sq Ft
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$2,558/month
Average Rent
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2 BR
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1,105 sq ft
Average Sq Ft
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$3,698/month
Average Rent
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3 BR
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1,458 sq ft
Average Sq Ft
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$4,982/month
Average Rent
Transportation
95
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
85
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
91
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Alliance for the Great Lakes
- Openlands
- Millennium Park
- Grant Park
- Lake Shore Park
Military Bases
Airports
- Chicago Midway International
- Chicago O'Hare International
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