Building · west-loop-gate
Presidential Towers
Presidential Towers is four 49-story towers holding 2,346 apartments on the superblock bounded by Madison, Monroe, Clinton and Desplaines — by unit count the largest residential property in Chicago, and the single biggest thing built in the West Loop before the neighborhood's current boom.
- Address
- 555 W Madison St, Chicago, IL 60661
- Year built
- 1986
- Floors
- 49 per tower, four towers
- Homes
- 2,346
- Tenure
- Rental
- Architect
- Solomon Cordwell Buenz & Associates
- Developer
- Daniel Levin, James McHugh and Daniel Shannon
- Managed by
- Waterton
- Nearest L station
- Clinton (Green & Pink lines)
- Current use
- Rental apartments
- Official site
- presidentialtowersapts.com
About
Construction began in 1984 and finished in 1986, to a design by Solomon Cordwell Buenz & Associates for developers Daniel Levin, James McHugh and Daniel Shannon. The project was backed by what was then the largest guarantee ever issued by the Federal Housing Administration. The four towers sit on a four-story, 1,162-space parking garage.
Waterton bought the complex from Pritzker Realty Group in 2007 and still runs it. In 2015 it became the largest residential property in Chicago to adopt a 100 percent smoke-free policy, and the buildings hold LEED Silver certification. Since 2009 the towers have hosted an annual stair-climb event.