The 801

801 Van Buren St., Oak Park, IL 60304

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 2 Beds	1 Bath	-

Call (708) 613-7236 Email

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

The 801 combines contemporary affordable apartments in Oak Park with outstanding convenience for residents. The environmentally conscious building provides thirty-five (35) well-appointed new studios, one-, and two-bedroom apartment rentals. Two (2) spacious live/work apartments on the first floor provide flexible living and working spaces for local entrepreneurs and small businesses.

Dave's Thoughts On The 801

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The 801 does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

The 801 Amenities

Community Room
On-Site Manager
On-Site Parking
9 ft. Ceilings
Washer and Dryer Included
High Speed Internet Access
Energy Efficient Appliances
Resident Lounge

Units at The 801

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price^†
1 Bedroom (1/1)	-	Call for Price^†
2 Bedroom (2/1)	-	Call for Price^†

Income Qualification for The 801

*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
30% AMI for PBRA Units	$23,200 / year	$26,500 / year	$29,800 / year	$33,100 / year
50% AMI for LIHTC Units	$38,650 / year	$44,150 / year	$49,650 / year	$55,150 / year
50% AMI for PBRA Units	$38,650 / year	$44,150 / year	$49,650 / year	$55,150 / year
60% AMI for LIHTC Units	$46,380 / year	$52,980 / year	$59,580 / year	$66,180 / year
80% AMI for PBRA Units	$61,800 / year	$70,600 / year	$79,450 / year	$88,250 / year

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

FAQs for The 801

Does The 801 have a waiting list?

The 801 probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at The 801?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges The 801?

The 801 is managed by The Community Builders, Inc. headquartered in Boston

In addition to The 801, how many other affordable housing properties (and units) are there in Oak Park?

In addition to The 801, we list 7 other affordable properties in Oak Park. Learn about these properties here. Our data research shows that there are a total of 529 affordable units in Oak Park.

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