850 Eastwood Apartments

850 W Eastwood Ave, Chicago, Illinois 60640

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Message 850 Eastwood Apartments

850 Eastwood Apartments is managed by Mercy Housing.

850 Eastwood  is located near public transportation, human service providers and employment centers. This community offers 1-3 bedroom apartments.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for 850 Eastwood Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chicago but actual income limits may differ for units at 850 Eastwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $23,200 $26,500 $29,800 $33,100 $35,750 $40,280
50% $38,650 $44,150 $49,650 $55,150 $59,600 $64,000
80% $61,800 $70,600 $79,450 $88,250 $95,350 $102,400

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Chicago but actual income limits may differ for units at 850 Eastwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $38,650 $44,150 $49,650 $55,150 $59,600 $64,000

850 Eastwood Apartments Details

  • 300 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)

Property Amenities

  • Community Room
  • On-Site Parking
  • Energy Star Appliances
  • Laundry Facilities

Nearby Amenities

  • Close to Public Transportation
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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