Wilson Yard Senior
1032 W Montrose Ave, Chicago, Illinois 60613
Wilson Yard is located on the corner of Montrose and Broadway on the north side of Chicago. Newly developed in 2010, this amazing property consists of two 7 story buildings (a Family building and a Senior building). Wilson Yard a residential building near major retail conveniences including: Target, Subway, Aldi's, PNC Bank, CHASE, Core Power Yoga, U.S. Nails, Weight Watchers, Bedding Experts, HairCuttery, AT&T, and Holsten Real Estate and Management corporation corporate office. Available for residents of the Family and Senior apartment building can enjoy easy access to Lake Michigan, public transit options, shopping and dining conveniences at their doorsteps.
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price |
| Two Bedroom (2/1) | - | Call for Price |
| Three Bedroom (3/1) | - | Call for Price |
Wilson Yard Senior Details
- 98 one, two and three bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- HOME Investment Partnerships Program
Property Amenities
- Controlled Access
- Elevator
- Playground
- Community Room
- On-Site Manager
- On-Site Parking
- On-Site Maintenance
- Laundry Facility
Unit Amenities
- Air Conditioning
- All Appliances included
- Cable Ready
- Window Coverings
- Large Closets
Nearby Amenities
- Close to Public Transportation
Office Hours
| Day | Hours |
|---|---|
| Monday | 8:30am-5:30pm |
| Tuesday | 8:30am-5:30pm |
| Wednesday | 8:30am-5:30pm |
| Thursday | 8:30am-5:30pm |
| Friday | 8:30am-5:30pm |
Low-Income Housing Tax Credit (LIHTC)
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.
HOME Investment Partnerships Program
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
Chicago Low-Income Housing Tax Credit Income Limits
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 Wilson Yard Senior.
| 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 |
Wilson Yard Senior is managed by Holsten Management Corporation .
Nearby Low Income Apartment Communities
Beth-Anne Residences
Haven Towers
Bethel Pace Center
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