Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Sundeck
  • Large windows
  • Upgraded appliances
  • On-site parking
  • Ample closet space
  • Modern cabinetry

Location

555 W Madison St #05, Chicago, IL 60661, USA|Near West Side

Tour 555 W Madison St #05

Contact

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Dorothy Moody

Our team has verified this company

HotSpot Rentals

(312) 782-8404

Amenities for 555 W Madison St #05, Near West Side

Apartment Amenities

BalconyCarpet
Central Air - YesDogs - Weight Limit
Flooring - Some Carpet/Some HardwoodHardwood Floor

Appliances

DishwasherDishwasher (Some)
Stove ElectricW/D in Select Units

Building

Cats OKDogs OK
EV ChargingHigh Rise
No SmokingOnsite Laundry
Secure Intercom/Key Fob

Grounds

Garage Parking

Other

Security 24 Hour DoormanValue Property
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 555 W Madison St #05

HomeApartments in ChicagoNear West Side 555 W Madison St #05, Chicago, IL 60661, USA
sweet deal icon
Sweet deal!
This listing is 20% below the median price for studio apartments in Near West Side.

This 05 studio apartment offers efficient city living in the West Loop, a few blocks from Union Station and the Loop s business district. The property s amenities sundeck, guest suites, and a 24-hour attended lobby make urban living smooth and secure. Within the studio, you ll find modern cabinetry, upgraded appliances, and ample closet space, complemented by large windows that let in plenty of natural light. Cats are welcome, and approved dogs may join in select units. On-site parking is offered for an additional cost. Nearby, take advantage of Mary Bartelme Park, a beloved local green space for outdoor relaxation and weekend markets. Located east of I-90/94 in the West Loop, the location of this property provides unparalleled access to the highway, Union Station, the Loop, UIC or really anywhere downtown. Few options in Chicago are more centrally located and none more convenient when it comes to groceries with Marianos and Whole Foods just down the street! Property amenities includ


Address details

NeighborhoodNear West Side
Zip code60661
TypeApartment for rent

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Rent trends in Near West Side

studio apartments at 555 W Madison St #05 cost about 20% less than the average rent price for studio apartments in Near West Side.

Median rents as of Mar 28 2026.
Near West Side
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
April 2024$1,685
May 2024$1,751
June 2024$1,764
July 2024$1,931
August 2024$1,691
September 2024$1,682
October 2024$1,630
November 2024$1,568
December 2024$1,501
January 2025$1,483
February 2025$1,495
March 2025$1,520
April 2025$1,512
May 2025$1,502
June 2025$1,531
July 2025$1,580
August 2025$1,516
September 2025$1,473
October 2025$1,495
November 2025$1,520
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,657
A table of studio rental data trends in Near West Side
MonthMedian Rent
April 2024$2,113
May 2024$2,183
June 2024$2,234
July 2024$2,236
August 2024$2,216
September 2024$2,312
October 2024$2,106
November 2024$2,128
December 2024$1,980
January 2025$1,976
February 2025$2,042
March 2025$2,121
April 2025$2,190
May 2025$2,273
June 2025$2,267
July 2025$2,256
August 2025$2,211
September 2025$2,108
October 2025$2,092
November 2025$2,060
December 2025$2,087
January 2026$2,112
February 2026$2,184
March 2026$2,301

Affordability calculator

Can I afford to live at 555 W Madison St #05?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$73,880/yr

With your selected rent-to-income ratio, you'd ideally want to make $73,880 annually to afford this studio monthly rent price of $1,847.
For more information on rent affordability, visit our rent calculator.

Schools near 555 W Madison St #05

Skinner Elementary School

111 s throop st

chicago, IL, 60607

PK, K-8Public
A-

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Chicago Commons Guadalupano Family Center

1814 s paulina ave

chicago, IL, 60608

PKPublic
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Internet available near 555 W Madison St #05

Neighborhood

Near West Side | Chicago, IL

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near 555 W Madison St #05

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 555 W Madison St #05, Chicago

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

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