Lake Street Studios LIHTC Chicago, IL

Profile last updated · Data vintage: HUD LIHTC 2024

Lake Street Studios is a Low-Income Housing Tax Credit (LIHTC) community in Chicago, IL with 61 units. Rents are set relative to household income.

61
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address727 W Lake St, Chicago, IL 60661 Map →
Tax-credit (LI) units61
Placed in service2014

How to apply at Lake Street Studios

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 727 W Lake St, Chicago; 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.

Other subsidized housing in Chicago

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Francis Cabrini Rowhouse Public HousingChicago1.4 km
Lidia Pucinska Apartments Public HousingChicago1.4 km
Academy Square LIHTCPB Section 8Chicago1.4 km
Horner Westhaven Public HousingChicago2 km
Maple Point Apts LIHTCPB Section 8Chicago2 km
Randolph Tower City Apts LIHTCChicago2 km
Zelda Ormes Apartments Public HousingChicago2 km
Morningside North Apartments LIHTCChicago2 km

← All subsidized housing in Chicago

Frequently asked questions

What kind of subsidy does Lake Street Studios have?
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 Lake Street Studios?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Lake Street Studios?
Contact the management office at 727 W Lake St 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.

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.