Savoy Square Legends South

4448 S State St, Chicago, IL 60609

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2023 by Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 4 Beds 1 - 2 Baths 775 - 1,563 Sq Ft

Waitlist Information

General Waiting List

Go to the public housing authority page for this waiting list >>

Savoy Square Legends South features spacious 1, 2, 3 and 4 Bedroom Townhouses & Flats, located in the heart of Chicago’s South Side and historic Bronzebille neighborhood. This fabulous location is just fifteen minutes from downtown, 5 minutes from Hyde Park, within walking distance to the Green and Red "L" lines and close to the lakefront and Chicago's world-class museum campus. Each home features Energy Star Efficient Appliances including a frost-free refrigerator, stove, dishwasher, in-unit washer & dryer, wall-to-wall carpeting, ceiling lighting and much more!Schedule a tour today and let they help you find your new home.

 

Pet Policy: Please contact us for pet policy details.

 

Dave's Thoughts On Savoy Square Legends South

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC programonly provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Savoy Square Legends South has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. Records show this property may have been recently associated with the Public Housing program, which means it could have a new RAD Section 8 Project-Based Rental Assistance contract. LIHTC properties tend to have shorter waiting lists however, since this property may have a project-based subsidy, the waiting list may be much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, if this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher cannot be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a possibly longer waiting list if this is indeed a RAD property.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Savoy Square Legends South Amenities

  • Controlled Access
  • Dishwasher
  • Computer Room
  • Energy Efficient Appliances
  • Large Closets
  • Individual heating and cooling systems
  • On-Site Laundry

Units at Savoy Square Legends South

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 775ft2 Call for Price
2 Bedroom (2/1) 959ft2 Call for Price
3 Bedroom (3/1) 1321ft2 Call for Price
4 Bedroom (4/2) 1563ft2 Call for Price

Income Qualification for Savoy Square Legends South

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $23,200 / year $26,500 / year $29,800 / year $33,100 / year $35,750 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year $68,400 / year $72,800 / year
50% AMI for PBRA Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year $68,400 / year $72,800 / year
60% AMI for LIHTC Units $46,380 / year $52,980 / year $59,580 / year $66,180 / year $71,520 / year $76,800 / year $82,080 / year $87,360 / year
80% AMI for PBRA Units $61,800 / year $70,600 / year $79,450 / year $88,250 / year $95,350 / year $102,400 / year $109,450 / year $116,500 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Savoy Square Legends South

Does Savoy Square Legends South have a waiting list?

Savoy Square Legends South has a waiting list. See above for waiting list details.

Are rents subsidized at Savoy Square Legends South?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Savoy Square Legends South?

Savoy Square Legends South is managed by The Michaels Organization headquartered in Camden, NJ.

In addition to Savoy Square Legends South, how many other affordable housing properties (and units) are there in Chicago?

In addition to Savoy Square Legends South, we list 763 other affordable properties in Chicago. Learn about these properties here. Our data research shows that there are a total of 83842 affordable units in Chicago.

When was the Savoy Square Legends South listing last updated?

Savoy Square Legends South listing on Affordable Housing Online was last updated on 01/02/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Savoy Square Legends South

Lathrop Homes

2000 W. Diversey Ave., Chicago, Illinois 60647

Northpoint Apartments

7717 North Paulina, Chicago, Illinois 60626

Clarendon Courts Apartments

4500 N Clarendon Ave, Chicago, Illinois 60640

El Zocalo

4651 South Spaulding Avenue, Chicago, Illinois 60632

Riverside Village

13215 S Indiana Ave, Chicago, Illinois 60827

Continental Plaza Apartments

1330 W 78th St, Chicago, Illinois 60620

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.