About This Property
Lake Park Crescent Condos is a public housing development in Chicago, IL consisting of 6 units, including 1 accessible unit. The property serves residents in Cook County through affordable housing options.
Waitlist Information
Waitlist managed by Chicago Housing Authority
The Chicago Housing Authority (CHA) offers affordable rental housing opportunities with open waitlists. This includes Public Housing. Residents of Public Housing live in developments owned and managed by CHA.
The Chicago Housing Authority (CHA) offers affordable rental housing opportunities with open waitlists. This includes the Housing Choice Voucher (HCV) Program. Participants may be eligible for reasonable accommodation if living with a disability.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Cook County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,399 |
| 1 Bedroom | $1,507 |
| 2 Bedroom | $1,714 |
| 3 Bedroom | $2,182 |
| 4 Bedroom | $2,583 |
Income Limits - Cook County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
- Extremely Low (30%)
- $27,950
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,350
- Low (80%)
- $80,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,100
- Low (80%)
- $86,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $57,800
- Low (80%)
- $92,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $61,550
- Low (80%)
- $98,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,600 | $32,650 | $52,200 |
| 2 Persons | $22,400 | $37,300 | $59,650 |
| 3 Persons | $25,200 | $41,950 | $67,100 |
| 4 Persons | $27,950 | $46,600 | $74,550 |
| 5 Persons | $31,040 | $50,350 | $80,550 |
| 6 Persons | $35,580 | $54,100 | $86,500 |
| 7 Persons | $40,120 | $57,800 | $92,450 |
| 8 Persons | $44,660 | $61,550 | $98,450 |
Frequently Asked Questions
What is the average rent for affordable housing in Chicago, IL?+
The Fair Market Rent (FMR) for Cook County, IL is: $1399 (Studio), $1507 (1BR), $1714 (2BR), $2182 (3BR), $2583 (4BR). Actual rent at subsidized properties like Lake Park Crescent Condos is typically 30% of household income or less.
How many units does Lake Park Crescent Condos have?+
Lake Park Crescent Condos has a total of 6 housing units.
What is the HUD inspection score for Lake Park Crescent Condos?+
Lake Park Crescent Condos has a HUD inspection score of 83 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What are the income limits for affordable housing in Cook County, IL?+
For a 4-person household in Cook County, IL, the income limits are: Extremely Low Income (30% AMI): $27,950, Very Low Income (50% AMI): $46,600, Low Income (80% AMI): $74,550. These limits are set by HUD and updated annually.
Is there a waitlist for Lake Park Crescent Condos?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Lake Park Crescent Condos?+
Lake Park Crescent Condos is a Public Housing property. To apply, you can start by calling 3127428500, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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