Lake Park Apts. PB Section 8 Chicago, IL
Profile last updated · Data vintage: HUD FY2025
Lake Park Apts. is a Project-Based Section 8 community in Chicago, IL with 60 units reporting 93% occupancy. Assisted residents pay about $302/month on average.
60
total units
93%
occupancy
$302
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8 |
|---|---|
| Address | 4048 S Lake Park Ave, Chicago, IL 60653 Map → |
| Average household income | $12,441/yr |
| Average personal income | $6,272/yr |
| People per unit | 2 |
| Moved in within last year | 11% |
| Households below 30% AMI | 87% |
| Households below 50% AMI | 97% |
| One-bedroom share | 15% |
How to apply at Lake Park Apts.
Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
- Call or visit the management office at 4048 S Lake Park Ave, Chicago; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$302/mo average here).
Other subsidized housing in Chicago
- Altgeld Gardens I Public Housing
- Region 1 Small Units Public Housing
- Lawndale Restoration LIHTC
- The Pavilion Apts LIHTCPB Section 8
- Parkway Gardens LIHTCPB Section 8
- Dearborn Homes Public Housing
- Hilliard Homes LIHTC
- Hilliard Homes I LIHTCPB Section 8
- Marshall Field Garden Apartments LIHTC
- Marshall Field Garden Apt Homes PB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Madden Wells Phase 1a LIHTC | Chicago | 0.8 km |
| Sutherland LIHTC | Chicago | 1.1 km |
| Drexel Preservation LIHTCPB Section 8 | Chicago | 1.1 km |
| Lake Grove Village Apts LIHTCPB Section 8 | Chicago | 1.4 km |
| Lawless Gardens I PB Section 8 | Chicago | 1.4 km |
| Lawless Gardens Ii PB Section 8 | Chicago | 1.4 km |
| Woodland Park Apts LIHTC | Chicago | 1.4 km |
| Madden Wells-1-a-rental LIHTCPB Section 8 | Chicago | 1.4 km |
← All subsidized housing in Chicago
Frequently asked questions
What kind of subsidy does Lake Park Apts. have?
Project-Based Section 8. Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
How much is rent at Lake Park Apts.?
Residents report average rents near $302/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 Lake Park Apts.?
Contact the management office at 4048 S Lake Park Ave in Chicago. 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.