About This Property
Madden Wells Phase 1a comprises 162 units in Chicago, with 119 designated as low-income housing that has served families since 2004. The property offers a mix of one-, two-, three-, and four-bedroom units, including 23 one-bedroom, 95 two-bedroom, 39 three-bedroom, and 5 four-bedroom apartments. The development receives 9% Low-Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Chicago Housing Authority
Applicants can apply online, by phone at (312) 742-8500, or in-person at the CHA Client Center located at 60 E. Van Buren Street. Preferences include victims of federally declared disasters, domestic violence victims, veterans, homeless, and family preservation. Eligibility requires income limits and at least one household member with U.S. citizenship or eligible immigration status.
The HCV waitlist reopens by public lottery. Selection is by random lottery, not first-come-first-served.
Waitlist data provided by section8waitlist.org
Updated September 11, 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 |
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Tax Credit Program Details
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 Madden Wells Phase 1a is typically 30% of household income or less.
What size apartments are available at Madden Wells Phase 1a?+
Madden Wells Phase 1a offers the following unit types: 23 One-Bedroom, 95 Two-Bedroom, 39 Three-Bedroom, 5 Four-Bedroom units, for a total of 162 units.
What is the HUD inspection score for Madden Wells Phase 1a?+
Madden Wells Phase 1a has a HUD inspection score of 95 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Is there a waitlist for Madden Wells Phase 1a?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
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.
Who is eligible to live at Madden Wells Phase 1a?+
Madden Wells Phase 1a primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Chicago, IL?+
Based on Fair Market Rent for Cook County, the estimated price range is: 1-bedroom: $1507, 2-bedroom: $1714, 3-bedroom: $2182. Actual rent at Madden Wells Phase 1a may be lower for income-eligible households.
Who manages Madden Wells Phase 1a?+
Madden Wells Phase 1a is managed by . You can reach them at .
How do I apply for housing at Madden Wells Phase 1a?+
Madden Wells Phase 1a is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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