1 Day Ago
Highlights
Pet Friendly
Location
555 W Madison Street, Chicago, IL 60661, USA|Near West Side
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Amenities for 555 W Madison St #1/1, Near West Side
Building
| Cats OK | Dogs 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 #1/1
Sweet deal!
This listing is 34% below the median price for 1 bedroom apartments in Near West Side.
When replying to this ad, please include your preferred method of contact and the following information: When is your move date? (Is it flexible, if so, how far in either direction?) Do you have any pets? Need parking? Budget (just for rent?) Which neighborhoods are you considering? Have you toured any properties yet? (So I don’t double up on my research) When are you available for a showing? 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, as residents have 24-hour access to the Walmart Neighborhood Market located on-site. Property amenities include sundeck, grilling and picnic area and cyber center and lounge area. You also have full-time concierge services and guest suites for visitors. The 24-hour security door staff and emergency maintenance service all come as part of the package in this 100% smoke-free building. The features and finishes in these apartments vary depending on when they were updated, but overall expect spacious units with large, walk in closets, upgraded appliances, quality wood cabinetry and marble vanities. About half of the units have been upgraded with hardwood flooring and a limited number have an in-unit washer and dryer. There is an on-site laundry room for all residents. Parking is available on-site at an additional charge. Cats are accepted throughout and dogs are welcome in select buildings (dog breed restrictions apply but there is no weight limit). 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. Dorothy312-882-8019Dorothy@hotspotrentals.comwww.hotspotrentals.com
555 W Madison St #1/1 is great for:
Address details
| Neighborhood | Near West Side |
|---|---|
| Zip code | 60661 |
| Type | Apartment for rent |
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Rent trends in Near West Side
1-bedroom apartments at 555 W Madison St #1/1 cost about 34% less than the average rent price for 1-bedroom apartments in Near West Side.
Median rents as of Oct 25 2025.
Near West Side
Chicago
| Month | Median Rent |
|---|---|
| November 2023 | $2,063 |
| December 2023 | $2,116 |
| January 2024 | $2,165 |
| February 2024 | $2,174 |
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| Month | Median Rent |
|---|---|
| November 2023 | $2,538 |
| December 2023 | $2,523 |
| January 2024 | $2,532 |
| February 2024 | $2,762 |
| March 2024 | $2,885 |
| April 2024 | $2,747 |
| May 2024 | $2,726 |
| June 2024 | $2,766 |
| July 2024 | $2,741 |
| August 2024 | $2,724 |
| September 2024 | $2,889 |
| October 2024 | $2,635 |
| November 2024 | $2,559 |
| December 2024 | $2,454 |
| January 2025 | $2,432 |
| February 2025 | $2,489 |
| March 2025 | $2,541 |
| April 2025 | $2,655 |
| May 2025 | $2,745 |
| June 2025 | $2,727 |
| July 2025 | $2,799 |
| August 2025 | $2,712 |
| September 2025 | $2,604 |
| October 2025 | $2,526 |
Affordability calculator
Can I afford to live at 555 W Madison Street?
Bedrooms
1 bedroomRent-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
$65,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $65,800 annually to afford this 1-bedroom monthly rent price of $1,645.
For more information on rent affordability, visit our rent calculator.
Schools near 555 W Madison St #1/1
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 #1/1
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
Clark Street Sports
500 W Madison St
Clark Street Sports
2 N Riverside Plz
Fashion Market
216 S Jefferson St
Deflorio Fashion
210 S Desplaines St
Dei Giovani
181 W Madison St
Starbucks
40 N Clinton St
Dunkin'
500 W Madison St
Jamba
500 W Madison St
Starbucks
500 W Madison St
Dunkin'
2 N Riverside Plz
Dylans Tavern & Grill
118 S Clinton St
News Room
500 W Madison St
Rail Club
500 W Madison St
South Branch Tavern & Grille
100 S Wacker Dr
The Junction
222 S Riverside Plz
Nine Times Bakery
Paris
711 W Jackson Blvd
Wicked Good Cupcakes LLC
311 S Wacker Dr
Smallcakes Cupcakery
218 W Washington St
Goddess & the Baker
181 W Madison St
Heritage Green Park
Mary Bartelme Park
Park No. 551
Pritzker Park
Printers Row Park
Blackwood BBQ
28 S Clinton St
Blaze Pizza
24 S Clinton St
Five Guys
22 S Clinton St
Potbelly Sandwich Shop
545 W Madison St
I Dream of Falafel
555 W Monroe St
Monroe / Clinton
Water Tower Express, Navy Pier, University of Chicago Hospitals Express, Blue Island / 26th, Streeterville / Taylor
Clinton / Madison
Streeterville / Taylor, Navy Pier, Blue Island / 26th, Water Tower Express
Madison / Clinton
Milwaukee, Madison, University of Chicago Hospitals Express, Jeffery Jump
Clinton / Madison
University of Chicago Hospitals Express
Canal / Madison
Water Tower Express, Blue Island / 26th, Navy Pier, Streeterville / Taylor
Chicago OTC
Union Pacific North, Union Pacific Northwest, Union Pacific West
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
LaSalle Street
Rock Island
Millennium Station
Metra Electric, South Shore Line, South Shore Line
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
Clinton
Green Line, Pink Line, Green Line, Pink Line
Clinton
Blue Line, Blue Line
Washington / Wells
Brown Line, Orange Line, Pink Line, Purple Line
Quincy
Orange Line, Purple Line, Pink Line, Brown Line
Lasalle / Van Buren
Brown Line, Pink Line, Purple Line, Orange Line
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