Kings Court Apartments

2801N W Grandville Ave, Waukegan, Illinois 60085

Kings Court Apartments feature elevators, double entry doors with intercom access foyer, a heated outdoor pool, a sundeck and a barbecue area, ample guest parking, and 24-hour emergency on-site maintenance.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 800 $825
2 Bedroom (2/2) 1,050 $930

Kings Court Apartments Details

  • 168 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Tennis Court
  • Clubhouse
  • Swimming pool
  • Convenient Location

Unit Amenities

  • Balconies or Patios Available

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.

Waukegan 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 Waukegan but actual income limits may differ for units at Kings Court Apartments.

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

Kings Court Apartments is managed by Ludwig And Company.

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