Village Park Apartment Homes

2520 Village Park Dr, Waukegan, IL 60087

Waiting List Forecast: Closed

check_circleVerified for 2022 by Connor Bailey, Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
$945 - 1,350 per Month 1 - 3 Beds 1 - 2 Baths 778 - 1,222 Sq Ft
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Information

Village Park Apartments Waiting List

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

Village Park Apartment Homes is a 126 unit community located on the far west side of Waukegan on the Gurnee boarder. Their apartment homes are just five miles from Six Flags Great America and Gurnee Mills Shopping Mall. Or maybe you would like to spend time relaxing at our resident pool, or taking a walk on the nature trail that borders the Lake County Forest Preserve Wetlands. Easy access to Highway 41 that will take you south to Chicago or north to Milwaukee. We invite you to tour our community Monday through Friday 9:00 - 6:00 pm.

Dave's Thoughts On Village Park Apartment Homes

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 Village Park Apartment Homes 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Village Park Apartment Homes Amenities

  • Fitness Center
  • Playground
  • Clubhouse
  • Pool
  • 24hr Emergency Maintenance
  • On-Site Parking
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Trash Included
  • Water Included
  • On-Site Maintenance
  • Mini Blinds & Curtain Rods
  • Self-Cleaning Ovens
  • Private Patio and Balcony
  • Frost-Free Refrigerator
  • Individual heating and cooling systems

Units at Village Park Apartment Homes

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 778ft2 $945 $1,050
Two Bedroom (2/2) 1118ft2 $1,120 $1,200
Three Bedroom (3/2) 1222ft2 $1,284 $1,350

Income Qualification for Village Park Apartment Homes

*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
50% AMI for LIHTC Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year
50% AMI for PBRA Units $38,650 / year $44,150 / year $49,650 / year $55,150 / year $59,600 / year $64,000 / year
60% AMI for LIHTC Units $46,380 / year $52,980 / year $59,580 / year $66,180 / year $71,520 / year $76,800 / year

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

FAQs for Village Park Apartment Homes

Does Village Park Apartment Homes have a waiting list?

Village Park Apartment Homes has a waiting list. See above for waiting list details.

Are rents subsidized at Village Park Apartment Homes?

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 Village Park Apartment Homes?

Village Park Apartment Homes is managed by Pedcor Management headquartered in Carmel, Indiana.

In addition to Village Park Apartment Homes, how many other affordable housing properties (and units) are there in Waukegan?

In addition to Village Park Apartment Homes, we list 36 other affordable properties in Waukegan. Learn about these properties here. Our data research shows that there are a total of 2260 affordable units in Waukegan.

Listings Near Village Park Apartment Homes

Kings Court Apartments

2801N W Grandville Ave, Waukegan, Illinois 60085

bed 1-2
payment $825-930/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Cinnamon Lake Towers

2701 Glen Flora Avenue, Waukegan, Illinois 60085

bed Studio-2
payment $775-975/mo.
payment Subsidized
accessibility Accessible

Hickory Manor Apartments

4160 Continental Dr, Waukegan, Illinois 60087

bed 1-3
payment Subsidized

Fountain Square Senior Apartments

3690 S Casimir Pulaski Drive, Waukegan, Illinois 60085

bed 1

Lakeside Towers Apartments

200 Julian St, Waukegan, Illinois 60085

payment Subsidized
accessibility Accessible

Brookside Knoll

206 N Green Bay Rd, Waukegan, Illinois 60085

bed 1-3
payment $900-1200/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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