Lake Parc Place
3983 S Lake Park Ave, Chicago, Illinois 60653
Built in 1963, Lake Parc Place consists of the two remaining buildings of the development formerly known as the Lake Michigan high-rises. The other buildings were demolished as part of the Plan for Transformation. By 2004, all 300 units at Lake Parc Place had been completely renovated. Neighborhood amenities include University of Chicago's Donoghue School, Ellis Park, Madden Park, Lake Michigan and the mixed-income development Lake Park Crescent.
Lake Parc Place is currently accepting applications for housing.
Waiting List is Open Now
Currently accepting wait list applications.
Last updated on August 8th, 2019Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/1) | - | Call for Price |
| 3 Bedroom (3/1) | - | Call for Price |
Lake Parc Place Details
- 300 two and three bedroom units.
- Public Housing
Property Amenities
- Elevator
Unit Amenities
- Handicapped Accessible
Nearby Amenities
- Near Park
- Near Schools
Public Housing
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.
Chicago HUD Rental Assistance Income Qualifications
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 Lake Parc Place.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $21,900 | $25,000 | $28,150 | $31,250 | $33,750 | $37,190 | $41,910 | $46,630 |
| 50% | $36,500 | $41,700 | $46,900 | $52,100 | $56,300 | $60,450 | $64,650 | $68,800 |
| 80% | $58,350 | $66,700 | $75,050 | $83,350 | $90,050 | $96,700 | $103,400 | $110,050 |
Lake Parc Place is managed by Chicago Housing Authority.
Nearby Low Income Apartment Communities
Congressman George W. Collins
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