Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Yale Building

6559 S Yale Ave, Chicago, IL, 60621

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Yale Building consists of 69 low-income housing units in Chicago, Illinois, serving elderly residents. The property includes 68 one-bedroom units and one two-bedroom unit and has been in service since 2004. Financing includes HOME funds and 9% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Chicago Housing Authority

Public Housing Waitlist
Open

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.

Last verified February 24, 2026
Section 8 (HCV) Waitlist
Open

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.

Last verified April 14, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
69
1 Bedroom
68
2 Bedroom
1

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$19,600
Very Low (50%)
$32,650
Low (80%)
$52,200
2 Persons
Extremely Low (30%)
$22,400
Very Low (50%)
$37,300
Low (80%)
$59,650
3 Persons
Extremely Low (30%)
$25,200
Very Low (50%)
$41,950
Low (80%)
$67,100
4 Persons
Extremely Low (30%)
$27,950
Very Low (50%)
$46,600
Low (80%)
$74,550
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$50,350
Low (80%)
$80,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$54,100
Low (80%)
$86,500
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$57,800
Low (80%)
$92,450
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$61,550
Low (80%)
$98,450

Tax Credit Program Details

Year Placed in Service
2004
LIHTC Credit Type
9%
Low-Income Units
69 / 69
Target Population
Elderly
Funding Programs
HOME
Designations
Qualified Census Tract

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 Yale Building is typically 30% of household income or less.

What size apartments are available at Yale Building?+

Yale Building offers the following unit types: 68 One-Bedroom, 1 Two-Bedroom units, for a total of 69 units.

How do I apply for housing at Yale Building?+

Yale Building is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.

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. Actual rent at Yale Building may be lower for income-eligible households.

Is there a waitlist for Yale Building?+

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.

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 manages Yale Building?+

Yale Building is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Yale Building?+

Yale Building primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Car-Dependent

41
Walk
76
Transit
55
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Cook County, IL

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Housing Resources in Chicago, IL

HUD-Approved Counseling Agencies

ACCESS LIVING OF METROPOLITAN CHICAGO

Rental Housing CounselingRental Housing Workshops

AGORA COMMUNITY SERVICES CORPORATION, NFP

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

BRIGHTON PARK NEIGHBORHOOD COUNCIL

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops