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, 2019

Units

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.

Image of Lake Parc Place

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