Michigan Beach Apartments is managed by NHPMN Management.
Michigan Beach Apartments is a 22-story high-rise apartment community that may include views of Lake Michigan. Centrally located, the community is within walking distance of restaurants, shopping, cultural center, beaches, bike trails and more. Walking one block gets you to the South Shore Cultural Center and Golf Course. It's only 2 blocks from the neighborhood WiFi Caf, METRA Train Station, with CTA buses all around. The Jackson Park Yacht Club, a variety of restaurants, retail stores, recreation centers, beaches, a bike trail and lakefront all within walking distance. Cooking gas, heat and water included. Off-street paid parking available. For additional information, please visit http://www.michiganbeachapartments.com
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Erie/Studio (Studio/1) | 540 | Call for Price |
Huron (1/1) | 600 | Call for Price |
Ontario (2/2) | 900 | Call for Price |
Superior (3/2) | 1062 | Call for Price |
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 Michigan Beach 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 |
Low Income (60%) | $46,380 | $52,980 | $59,580 | $66,180 | $71,520 | $76,800 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.