Sherway Towers Apartments

4225 North Sheridan, Chicago, Illinois 60613

Contact Sherway Towers Apartments

Sherway Tower offers you all you would expect in apartment living and more. A place to call home for anyone 62 and older or those under the age of 62 who require the features included in an accessible apartment. Your rent is based on your income and occupancy is subject to HUD rules and regulations, including the HUD annual income limits.

Sherway Towers is composed of studio, handicapped accessible one, standard one and two bedroom apartment homes. The property also has on-site laundry facilities and a recreational room. The property location offers easy access to shopping areas and public transportation. Broadway, Montrose and Sheridan Road buses are nearby with scheduled stops in the loop and at the Rapid Transit (elevated) stations. There is site parking available for residents and visitors. Individual thermostatically controlled air conditioning units are installed in each living room. A recreational garden area is also available for residents to relax and take in the fresh air. Sherway has a full-time service coordinator to assist residents with their needs.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Income Based
One Bedroom (1/1)	-	Income Based
Two Bedroom (2/1)	-	Income Based

Eligibility for Sherway Towers 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 Sherway Towers Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$23,200	$26,500	$29,800	$33,100
50%	$38,650	$44,150	$49,650	$55,150
80%	$61,800	$70,600	$79,450	$88,250

Sherway Towers Apartments Details

180 studio, one and two bedroom units.
Water and Sewer utilities included in rent
Heat utility included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Property Amenities

Community Room
On-Site Manager
24hr Emergency Maintenance
Laundry Facilities

Unit Amenities

Air Conditioning
Utilities Included
Heat and Air

Nearby Amenities

Close to Public Transportation
Close to Shopping
Near Hospital

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.