About This Property
Shannon Manor offers 12 units in Shannon, IL, comprising ten 1-bedroom and three 2-bedroom apartments. The property was placed in service in 1992 and includes 13 low-income units. This Carroll County development provides affordable housing options for residents.
Property Details
Fair Market Rent - Carroll County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $553 |
| 1 Bedroom | $650 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,002 |
| 4 Bedroom | $1,238 |
Income Limits - Carroll County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,550
- Very Low (50%)
- $24,250
- Low (80%)
- $38,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,600
- Low (80%)
- $55,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,400
- Low (80%)
- $59,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,150
- Low (80%)
- $64,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,950
- Low (80%)
- $68,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,700
- Low (80%)
- $73,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,550 | $24,250 | $38,750 |
| 2 Persons | $17,420 | $27,700 | $44,300 |
| 3 Persons | $21,960 | $31,150 | $49,850 |
| 4 Persons | $26,500 | $34,600 | $55,350 |
| 5 Persons | $31,040 | $37,400 | $59,800 |
| 6 Persons | $35,580 | $40,150 | $64,250 |
| 7 Persons | $40,120 | $42,950 | $68,650 |
| 8 Persons | $44,660 | $45,700 | $73,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Shannon, IL?+
The Fair Market Rent (FMR) for Carroll County, IL is: $553 (Studio), $650 (1BR), $807 (2BR), $1002 (3BR), $1238 (4BR). Actual rent at subsidized properties like Shannon Manor is typically 30% of household income or less.
What size apartments are available at Shannon Manor?+
Shannon Manor offers the following unit types: 10 One-Bedroom, 3 Two-Bedroom units, for a total of 12 units.
Who manages Shannon Manor?+
Shannon Manor is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Shannon, IL?+
Based on Fair Market Rent for Carroll County, the estimated price range is: 1-bedroom: $650, 2-bedroom: $807. Actual rent at Shannon Manor may be lower for income-eligible households.
What are the income limits for affordable housing in Carroll County, IL?+
For a 4-person household in Carroll County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,600, Low Income (80% AMI): $55,350. These limits are set by HUD and updated annually.
How do I apply for housing at Shannon Manor?+
Shannon Manor is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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