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Highlights

  • Pet Friendly

Location

555 W Madison Street, Chicago, IL 60661, USA|Near West Side

Tour 555 W Madison St

Contact

Hannah Hensley

HotSpot Rentals

(608) 209-2310

Amenities for 555 W Madison St, Near West Side

Building

Cats OKDogs OK
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

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

HomeApartments in ChicagoNear West Side 555 W Madison Street, Chicago, IL 60661, USA
sweet deal icon
Sweet deal!
This listing is 23% below the median price for 2 bedroom apartments in Near West Side.

Features: 24 Hour Doorman, Business Center, Cats and Dogs Accepted, Central Heat, Dry Cleaners, Elevator, Gym/Athletic Facilities, Hardwood floors in select units, Indoor Pool, Media Room/Clubhouse, Newly Renovated, Non-Smoking Building, On Site Grocery/Convenience Store, On-site Laundry, Outdoor Pool, Patio/Deck, iGo/Zip Car Please email me a link of this ad in addition to the following: Move in date? Do you have pets? Do you need parking? What is your budget(just rent)? Neighborhoods you're considering? Must haves/deal breakers? When are you available to view apartments? Easy access to Greektown, Loop, Magnificent Mile, I-90/I-94, I-290, Ogilvie Transportation Center, Union Station, UIC, Kent Law School, Kaplan, Merchandise Mart & more! Spacious apartments with amazing closet space. There are renovated and non-renovated units. Most units are carpeted, but some upgraded ones have hardwood floors. Amenities include on site Walmart Market open 24 hours to residents, computer room, concierge, and much more. There is an FFC Health Club for only $59 a month for residents! Dogs and cats are welcome however there are breed and weight restrictions so please tell me about your pet. Parking is available for an additional cost. Outdoor neighborhood parking is also an option a few blocks away. Disclaimer: 12 month lease term unless otherwise noted. Pricing, availability and specials are subject to change at any time without notice. Information above is believed to be accurate; however is subject to errors and omissions. Photos may be of model unit. Actual available apartment may vary.


Address details

NeighborhoodNear West Side
Zip code60661
TypeApartment for rent

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Rent trends in Near West Side

2-bedroom apartments at 555 W Madison St cost about 23% less than the average rent price for 2-bedroom apartments in Near West Side.

Median rents as of Oct 25 2025.
Near West Side
Chicago
A table of 2-bedroom apartment rental data trends in Chicago
MonthMedian Rent
November 2023$2,648
December 2023$2,691
January 2024$2,724
February 2024$2,722
March 2024$2,929
April 2024$2,662
May 2024$2,648
June 2024$2,764
July 2024$2,862
August 2024$2,702
September 2024$2,706
October 2024$2,704
November 2024$2,621
December 2024$2,508
January 2025$2,470
February 2025$2,498
March 2025$2,508
April 2025$2,495
May 2025$2,498
June 2025$2,498
July 2025$2,550
August 2025$2,491
September 2025$2,419
October 2025$2,402
A table of 2-bedroom apartment rental data trends in Near West Side
MonthMedian Rent
November 2023$3,515
December 2023$3,521
January 2024$3,507
February 2024$3,890
March 2024$4,161
April 2024$3,685
May 2024$3,590
June 2024$3,623
July 2024$3,739
August 2024$3,690
September 2024$3,951
October 2024$3,647
November 2024$3,408
December 2024$3,318
January 2025$3,345
February 2025$3,464
March 2025$3,588
April 2025$3,700
May 2025$3,800
June 2025$3,728
July 2025$3,733
August 2025$3,640
September 2025$3,534
October 2025$3,528

Affordability calculator

Can I afford to live at 555 W Madison Street?

Bedrooms

2 bedrooms

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

$107,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $107,200 annually to afford this 2-bedrooms monthly rent price of $2,680.
For more information on rent affordability, visit our rent calculator.

Schools near 555 W Madison St

Skinner Elementary School

111 s throop st

chicago, IL, 60607

PK, K-8Public
A-

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-

Kellman Corporate Community Elementary School

3030 w arthington st

chicago, IL, 60612

PK, K-8Public
C-

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic
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Internet available near 555 W Madison St

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 Street

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 Street, Chicago

Groceries

10/10
Several grocery stores nearby

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Variety of cafés right on the street

Restaurants

10/10
Variety of restaurants right on the street

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

10/10
Variety of bars right on the street

Explore the area around 555 W Madison Street

Hometown Food Company
500 W Madison St
Getir
625 W Adams St
Suarez Market
131 N Clinton St
H Mart
711 W Jackson Blvd
Whole Foods Market
1 N Halsted St

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