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.
|1 Bedroom (1/1)||775||Call for Price|
|2 Bedroom (2/1)||959-1021||Call for Price|
|3 Bedroom (3/1)||1321||Call for Price|
|4 Bedroom (4/2)||1563||Call for Price|
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.
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.
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 Savoy Square Legends South.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$36,500||$41,700||$46,900||$52,100||$56,300||$60,450||$64,650||$68,800|
|Low Income (60%)||$43,800||$50,040||$56,280||$62,520||$67,560||$72,540||$77,580||$82,560|
Savoy Square Legends South is managed by The Michaels Organization.