Armory Terrace Homes LIHTCPB Section 8 Waukegan, IL

Profile last updated · Data vintage: HUD FY2025

Armory Terrace Homes is a Project-Based Section 8 community in Waukegan, IL with 10 units reporting 90% occupancy. Assisted residents pay about $425/month on average.

10
total units
90%
occupancy
$425
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC)
Address1701 N McAree Rd, Waukegan, IL 60085 Map →
Average household income$17,699/yr
Average personal income$9,735/yr
People per unit1.8
Moved in within last year18%
Households below 30% AMI73%
Households below 50% AMI100%
One-bedroom share36%

How to apply at Armory Terrace Homes

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 1701 N McAree Rd, Waukegan; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$425/mo average here).

Other subsidized housing in Waukegan

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Il06rdd1314 - 811-11623 Kirwan Apar §811 PRAWaukegan1.1 km
Heritage Woods of Gurnee LIHTCGurnee2 km
Assisi Homes of Gurnee §202 SeniorGurnee2 km
Waukegan Apts LIHTCWaukegan2.2 km
Green Bay Manor Apts LIHTCPB Section 8Waukegan2.4 km
Waukegan Supportive Living §811Waukegan2.4 km
Colonial Park Apts LIHTCPark City3.4 km
Hickory Road Manor PB Section 8Waukegan4 km

← All subsidized housing in Waukegan

Frequently asked questions

What kind of subsidy does Armory Terrace Homes have?
Project-Based Section 8; Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Armory Terrace Homes?
Residents report average rents near $425/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Armory Terrace Homes?
Contact the management office at 1701 N McAree Rd in Waukegan. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.