Presidential Towers in Chicago

Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz/Artefaqs Corporation
Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz/Artefaqs Corporation
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Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz/Artefaqs Corporation
Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz/Artefaqs Corporation
Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz/Artefaqs Corporation
Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz/Artefaqs Corporation
Photo of Presidential Towers in Chicago, Illinois
Photograph © Wayne Lorentz. Licensed to Artefaqs Corporation

Chicago, Illinois

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Presidential Towers

555 West Madison, Chicago, Illinois, West Loop 60661
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The Presidential Towers complex presents itself as a series of four nearly identical towers, each a step back from the leader, and spanning two city blocks.

Leadership is not a bad attribute with which to brand this development. It was one of the pioneering residential projects in the River West neighborhood. An area that was once seen as nothing more than a ramshackle collection of old brick warehouses in an area known as the Midwest's version of "Skid Row" was seen as an opportunity by its developers.

Seen through 21st century eyes, it only makes sense. The towers offer easy access to three major highways, walkable access to the city center, two commuter rail stations, an Amtrak station, and Chicago's growing business core along the Southern branch of the Chicago River. The real question is Why wasn't this opportunity seen earlier?

Individually, the buildings wouldn't seem like much -- some generic brown 40-something story towers. But there's strength in numbers. Just as one ceramic kitten is a knick-knack, but a dozen are a "collection." Their staggered formation gives as many residents as possible a shot at seeing the city without having to see their neighbors.

Quick Facts
  • Residences: 2,346
  • Floor space: 2,700,000 square feet
  • April 18, 2007: The complex is sold to Waterton Residential for $470,000,000.
  • February, 2008: As part of a larger reworking of the complex, a plan was floated to turn one of the four towers into a hotel.
Green Things
  • This complex has LEED Silver certification
Rate This Skyscraper
method='post' action='/Building.php?ID=1175#Rate'>Current rating:50% 50%  name='Rating' id='Rating' value='Praise' class='Plain'> name='Rating' id='Rating' value='Raze' class='Plain'>
Your Thoughts

There are 15 comments.

  I have lived here for 10months(1st lease) now, and they have increased my rent by 200$..totally shocking. Apart from that they charge for everything it fitness facility or gas/heat/water/sewage...etc etc! lease signing freaking 400! Thats true they squeeze out every penny in every way! The elevators are another additional pain - Always 1 out of 4 is under renovation throughout the year, causing crazy delays to get out or back home.But the 3 stars are cause I absolutely love living here, primarily for the location and walmart downstairs. plus the building is great too, looks good, nice lobby and bbq place, feels nice to stay here. I dont find PT unclean like others have mentioned..those reviews are a little old. Now it feels pretty clean.The view from my apt thats on a high floor, is great too.Best part: the apartments are quite huge compared to the surrounding rental complexes. I just wish it wasn't so expensive. PT should really reduce the cost of living there.

Foram - Wednesday, April 15th, 2015 @ 2:50pm  

  Well, I moved in PT back in 1986 and moved out in 2006. I moved in when everything was fresh, clean and brand new. All you could smell was the food being prepared by the bakery team at Presidential Market. The halls were spotless, the gym, sauna, steam room were all great and kept clean. Security was security back then and very polite. You had many professionals living there and it was a fun community to live in. I was proud to be a tenant of PT. We did not know what bed bugs, roaches or spiders were. No such insects back then. I would rent out the furnished suites and invite friends and family over and they enjoyed every minute of it. Everyone, back then, wanted to have some type of connection to PT. I am so glad I got the very best for my money. For 5 years my rent did not go up at all. And when it did, it was very reasonable. So sorry to hear the complaints and unsatisfaction that is going on. But I knew PT in her glory and I can and will say it was a time when Presidential Towers was the best placed to live in the west side Loop!

Marg - Monday, October 1st, 2012 @ 12:53pm  

  worst ever staff in the entire world, its as if they are from another planet and the brains are pea sized. My moving out was completely messed up because of their rude and unhelpful attitude, they failed to provide a freight elevator for the whole damn day and rather than being apologetic they were arrogant and rude.I would never even imagine living here even if they offered it to me for free. They SUCK!!

neha agrawal - Monday, July 16th, 2012 @ 12:05am  

  My husband and I have lived in Tower 1 for just over 4 years. This is a great place to live. I have never once not been able to use the laundry room because of water leaks and i do laundry once or twice per week. We are on a high floor and have a beautiful view of the city, river, and even a slice of the lake. Our apartment is upgraded with stainless appliances, granite counter tops and wood laminate flooring. I have found the maintenance and office staff to be first rate. Every maintenance concern has been addressed in a timely manner. In general, we couldn't be happier. I have found that some of the residents are not really the kind of neighbors I would choose to have. Bad body odor in the elevators and hall ways with smells coming from their apartments. But when you live in a large, diverse city like Chicago, it is to be expected.

Trish G. - Tuesday, July 26th, 2011 @ 9:05pm  

  If only I could rate this as 0.I work in the area and have lived here for 15 months. To begin with: Since I moved in April '10, there has been non-stop construction. The escalators to the towers have been disabled or broken the majority of my stay here and the noise is unbearable. There are only 4 elevators for all 50 floors (and double as move-in/out and service elevators). One day they shut-off one elevator for maintenance and another for a move-out. Needless to say, rush hour was a disaster, there was a line out the door and it took nearly 30 minutes to get to your floor.The apartment complex is a combination of student, long-term tenants and corporates. The mix provides 24/7 noise, a mixture of incompatible tenants, and for the corporates/students, a chance to never know who your neighbors are. I've woken up to a fight on my floor from a student party gone out of control wherein the police needed to be called. Problem was it took nearly 15 minutes for the police to arrive on the floor because there was only one concierge at the front desk. O, and an off-duty concierge was wasted and high at the party.Most of the security/concierge staff is outsourced and they're stuck in a quandary of following corporate rules and keeping their job. I feel for them and many of them hate working there. I have seen significant turnover; over 50% in a year so you basically never know anybody there.The doors are self-locking, so if you take out the trash and forget your keys...tough luck. Corporate charges a $15 "fee" for the concierge to come up and open your door.*** Granted, if their leasing office is open, they'll get you a spare, too bad they're only open after 9 am and not on Sundays...tough luck when you need to get to work or go out. There is no community here, if you bring friends you need to check them in one at a time. You're not allowed more than a 4 guests to a room.*** A conceirge just told me it's up'ed to $25I got my lease at a great time. I needed a 3 month extension to align with my new place's rent, they charged me 20% extra to go month to month. I had little choice, but that wasn't a problem. They then sent me a letter offering me to renew my lease to yearly after my 3 month rent. It was 26% higher than my original.I thereafter signed the intent to move-out slip 1 week too late. They tacked on another month's rent + $500 fee. Yes this is real, check your contract lease with them. It's in fine print. They might as well say "by signing this we can legally shoot you." This extra month will cost 80% more than my original lease.They'll squeeze every penny out of you. Please look at other places.

Dan L - Friday, May 27th, 2011 @ 1:37pm  

  I have lived in Tower two for three years. I could not be happier. The staff is fantastic. From the leasing office staff, the doorman, security,maintenance, and front desk staff they are always professional and courteous. When I have called for repairs, maintenance responds immediately. My apartment is beautiful with a wonderful view.Everything is in walking distance, including transportation to every neighborhood in the city. I love living here and appreciate the staff and Waterton Residential--good job.

Ella Muhammad - Monday, May 23rd, 2011 @ 6:37pm  

  A quartet of brain-dead yet malevolent zombies staggering towards the Loop. May they return to whatever foul pit from whence they came.

Jay Zimmerman - Tuesday, March 15th, 2011 @ 9:52am  

  I have never seen a more paranoid group of so called security people. As a journalist I have been to many high level security places including death row and being cleared to see the President of the United States among many others. The staff here act like little Napoleons with a power trip. As a guest I have to be registered, a totally juvenile action, as if the person I am staying with in incapable of making rational decisions on her own. Then this registration fails to get me into the actual building that I need to go to without waiting for someone to "card me in" first. The constant turn over of the staff makes the security seem very unprofessional and as a guest I feel that they are not there for the protection of the residence but to enforce the rules of Waterton and the management. When dealing with management, questions are avoided and answered with policy statements and statements such as, "It has always been done this way." The ownership shows no desire to get input from the residence. The only nice people are the sales people which you never see unless they are kissing someone's ass to get their money and once they sign they are no where to be found. Unless you like being treated like a juvenile delinquent please find another place to live.

Thomas T - Wednesday, January 26th, 2011 @ 7:22pm  

  I lived in tower 4 and broke my lease after getting on the elevator and it was dog poop in the elevator, when you complain staff just looks at you like you are crazy, they need to pull up all the carpet in the buildings because they stink very bad, especially in the halls, you can just look at how dirty the carpet is in the hallways, this is not the way anyone should live in DOWNTOWN CHICAGO !!!

Sherri Moses - Friday, October 1st, 2010 @ 5:20pm  

  Security staff and the paranoid system works like a police curfew system with tenants and their guest, treating people as livestock in line for hours if you dont have a magnetic card, even with permission of your host. It is awful. All my old neighbors have moved out within six months breaking their leasing due to bed bugs and the cheap agreement with UIC that is turning the complex in a mass dorm with drunken teenagers partying and doing noises. I will move as soon I find a place in the neighborhood because of my job.

Resident - Monday, April 13th, 2009 @ 8:36pm  

  We have lived in Tower 1 for 2 1/2 years and love it. We are on a very high floor with great views of the city, both branches of the river and even a peak at the lake. Our apartment is updated with granite counters and stainless steel appliances and beautiful wood laminate flooring. The maintenance staff is very professional and attentive. The location is outstanding for public transportation and all that this city has to offer. It offers the convenience of a fully stocked grocery store and several restaurants. We couldn't be happier

Jolie - Tuesday, March 24th, 2009 @ 10:50am  

  I've lived in Tower 3 for about 15 months. I love it!!! I live in a small efficiency in one of the top floors. Maintenance staff has been great. Haven't needed much other support. Short walk to work. Security is tolerable, but, I agree, youngsters on a power trip. Wouldn't raise a family here, but great for a single like me who just needs somewhere to live close to work.

Jim - Friday, August 22nd, 2008 @ 10:42am  

  This place is terrible. The only benefit of it is you're right across the street from the train station.I have not talked with one person who said their apartment wasn't filthy when they moved in. Mine had a dirty bandaid, pubes in the bathroom, plush duck and other stuff that should have been cleaned. Common a bright yellow duck under a bed? If you don't spot that you're not doing you're job.The staff is terrible and won't fix things when they should. It's amazing how easily they lose work reports. I'm still missing light bulbs. The security staff is no better than the cleaning staff either.And things break all the time. About one a month somebody gets stuck in an elevator. The building's internet and cable will go down every so often. It's just really not where you want to live.For the price you can find other places around the area that are a lot better.

Tom - Wednesday, August 20th, 2008 @ 9:22pm  

  We rented at Presidental Towers, Tower 1 for only 6 months. The place gets old FAST! Imagine having your laundry room shut down constantly because of water leaks. And imagine slipping and falling in puddles on tiled floors because the floors are never clean. Management is AWFUL! They lie and don't care about what happens to you, they've got 2,600 units, what's one more complaint? And I couldn't agree more about the staff that runs the front desk, one evening I heard them talk about selling marijuana and smoking it after their shifts. Please stay away, spend the extra hundred or two and stay somewhere else.

Ryan - Friday, March 2nd, 2007 @ 10:33pm  

  have rented several places and by far the worst living experience of my life. Management is rude and lie about complaints. Extremely biased staff and security, or what you can call security. It's basically a bunch of little 20 year old kids with flashlights who are on a power trip.

Raju Mehta - Friday, December 29th, 2006 @ 10:31am