2K
Studio • 1,460 Sq Ft
Starting at $4,190/mo
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$2,435 – $4,220/mo
As of November 3, 2026, SKY55 in Chicago, IL has 23 apartments for rent from $2,435 to $4,220/mo. Studios start at $4,190, one-bedrooms at $2,435, and two-bedrooms at $3,215. The average asking rent has risen 6.8% since September 1, 2026, from $3,218 to $3,435.
SKY55 has 23 units available across 13 floor plans: a studio layout (1,460 sq ft), 8 one-bedroom layouts (656–1,114 sq ft), and 4 two-bedroom layouts (923–1,247 sq ft). Prices checked November 3, 2026.
Studio • 1,460 Sq Ft
Starting at $4,190/mo
1 Bedroom • 1 Bath • 656 Sq Ft
Starting at $2,435/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-3101 | $2,435 | 656 | Oct 31 |
1 Bedroom • 1 Bath • 769 Sq Ft
Starting at $2,535/mo
1 Bedroom • 1 Bath • 874 Sq Ft
Starting at $2,635/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-1406 | $2,635 | 874 | Nov 16 |
1 Bedroom • 1 Bath • 979 Sq Ft
Starting at $2,790/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-0703 | $2,790 | 979 | Nov 2 |
1 Bedroom • 1 Bath • 769 Sq Ft
Starting at $2,920/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-PH09 | $2,920 | 769 | Nov 2 |
1 Bedroom • 1.5 Baths • 1,114 Sq Ft
Starting at $3,240/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-0305 | $3,240 | 1,114 | Nov 2 |
1 Bedroom • 1.5 Baths • 1,114 Sq Ft
Starting at $3,410/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-1305 | $3,410 | 1,114 | Nov 2 |
1 Bedroom • 1 Bath • 1,053 Sq Ft
Starting at $3,415/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-2403 | $3,415 | 1,053 | Nov 2 |
2 Bedrooms • 1 Bath • 923 Sq Ft
Starting at $3,215/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-2510 | $3,215 | 923 | Nov 2 |
2 Bedrooms • 2 Baths • 1,220 Sq Ft
Starting at $3,875/mo
2 Bedrooms • 2 Baths • 1,247 Sq Ft
Starting at $3,880/mo
2 Bedrooms • 2 Baths • 1,235 Sq Ft
Starting at $3,970/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 00-1909 | $3,970 | 1,235 | Nov 2 |
See all 35 units listed at SKY55, including ones no longer available.
At SKY55, a studio starts at about $4,462 a month all-in: $4,190 rent and an estimated $272 for electric, gas, water, internet, renters insurance, and laundry. A one-bedroom starts at about $2,724 and a two-bedroom at about $3,583.
All-in from$4,462/mo
Most landlords ask for a monthly income of about 3× the rent, so qualifying at SKY55 takes about $150,840 a year for a studio, $87,660 for a one-bedroom, and $115,740 for a two-bedroom. Keeping the $4,462 all-in month for a studio within 35% of take-home pay takes an income of about $220,700 a year.
Total monthly housing cost
$4,462/mo
Income to afford it comfortably
$220,700/yr
Income to qualify
$150,840/yr
$ —/mo
See what you can afford here
Add your income and debts for a rent budget at this building.
Over the past 3 months, the average asking rent at SKY55 has ranged from $3,058 to $3,459. The current average is $3,435, up $217 (6.7%) from $3,218 at the start.
Rent
$2,435 – $4,220/moEarliest move-in
Jan 3SKY55 has garage or covered parking. It lists 14 amenities, including fitness center, balcony, and conference room.
Catering Kitchen
Conference Room
Courtyard
Entertainment Club Room
Fitness Center
Garage Parking
Media Lounge
Onsite Retail
Outdoor Pool With Sundeck And Grills
Sky Lounge
Wifi™ Throughout Amenity Spaces
Balcony
Den
Oversized Closet
1255 S Michigan Ave, Chicago, IL, 60605
SKY55 has a 3.7 out of 5 rating from more than 100 resident reviews. Residents rate location (4.2) and amenities and shared spaces (3.8) highest and building quality (2.7) lowest.
Sky55 offers spacious apartments with excellent amenities, location, and views in a convenient South Loop neighborhood. Staff responsiveness and quality vary significantly—many residents praise maintenance and certain leasing staff for professionalism and helpfulness, while others report communication delays, unresponsive management, and inconsistent service. Common concerns include elevator reliability, parking garage issues, building maintenance (carpet cleaning, odors), and fee structure complexity, though positive experiences often highlight the building's condition and community atmosphere.
Management responsiveness and communication are inconsistent, with residents reporting significant delays in email and phone responses, unclear leasing requirements, and difficulty reaching staff. While some residents praise individual staff members for professionalism and helpfulness, systemic issues—including high staff turnover, corporate management constraints, and billing complications—create frustration. Maintenance and front desk staff generally receive positive feedback, but leasing office coordination and corporate policy implementation remain pain points.
The property offers well-maintained amenities including a gym, pool, game room, and coffee/work spaces that residents generally appreciate, though gym hours are sometimes limited for working professionals. Elevator breakdowns and parking garage issues occur frequently and are a recurring frustration. Maintenance staff are consistently praised as responsive and professional, while package delivery through the mandatory Parcel Pending service experiences delays. Odor issues from neighboring units and shared ventilation are noted by some residents.
Residents report persistent building maintenance and operational challenges, particularly with elevator reliability and common area cleanliness. Odor issues from smoking in shared ventilation systems are frequently cited, along with concerns about lobby and carpet condition. Maintenance staff responsiveness is generally praised, though management communication and administrative responsiveness receive consistent criticism across multiple review periods.
The property offers excellent location convenience with proximity to parks, the lake, transit access, and abundant nearby restaurants and stores. Most residents appreciate the walkable South Loop neighborhood and easy commute options. However, some residents report challenges with elevator reliability and occasional odor issues from shared ventilation, while parking logistics are managed by a separate company.
Maintenance staff receives consistent praise for responsiveness and professionalism in completing repairs. However, residents report recurring issues including plumbing leaks, HVAC problems, appliance malfunctions, and slow response to certain work orders. Building-wide maintenance concerns include elevator reliability, outdated fixtures, and delayed resolution on health and safety issues like sewer gas odors and fire hazards.
SKY55 is very walkable and very bikeable, and transit is excellent.
Style meets comfort in Sky 55 apartments. Revel in this architectural masterpiece with high-level comfort and luxury amenities in the heart of Chicago.
The closest school to SKY55 is Child's Space Early Child Care Center, a private preschool 0.2 miles away.
| School | Type | Level | Distance |
|---|---|---|---|
Child's Space Early Child Care Center Private · Preschool | Private | Preschool | 0.2 mi |
Old St. Marys School Private · Middle | Private | Middle | 0.3 mi |
Kindercare Learning Center Private · Elementary | Private | Elementary | 0.3 mi |
British International School of Chicago, South Loop Private · High | Private | High | 0.4 mi |
Renaissance Preparatory School Private · High | Private | High | 0.4 mi |
South Loop Montessori School Private · Elementary | Private | Elementary | 0.5 mi |
Renaissance Prep School Private · High | Private | High | 0.5 mi |
Daystar School Private · High | Private | High | 0.5 mi |
YMCA Bowen Family Dev Center Private · Preschool | Private | Preschool | 0.5 mi |
South Loop Montessori School Private · Elementary | Private | Elementary | 0.5 mi |
SKY55 is managed by Brookfield Properties Multifamily. The leasing office's phone number is 872.328.5132.
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