Low Income (LIHTC)Waitlist Open

4750-58 Michigan

4650 S Michigan Ave, Chicago, IL, 60653

Information verified September 5, 2026·We re-check waiting list status daily

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About This Property

This 25-unit residential property in Chicago, Illinois contains low-income housing units and has been in service since 1991. The building provides affordable housing options in Cook County.

Waitlist Information

Waitlist managed by Chicago Housing Authority

Public Housing Waitlist

Open

Apply: Online

Applications are always open; preferences include victims of federally declared disasters, domestic violence victims, veterans, homeless, and family preservation, with selection based on application date and eligible preferences.

Last verified July 29, 2026

Section 8 (HCV) Waitlist

Closed

Opened October 27, 2014

Closed November 24, 2014

Apply: Online

The HCV waiting list last opened by random lottery; over 280,000 applications were received in 2014.

Last verified September 4, 2026

Waitlist data provided by section8waitlist.org

Updated September 5, 2026

Property Details

Total Units

Fair Market Rent - Cook 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	$1,399
1 Bedroom	$1,507
2 Bedroom	$1,714
3 Bedroom	$2,182
4 Bedroom	$2,583

Income Limits - Cook County, IL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $19,600
Very Low (50%): $32,650
Low (80%): $52,200

2 Persons

Extremely Low (30%): $22,400
Very Low (50%): $37,300
Low (80%): $59,650

3 Persons

Extremely Low (30%): $25,200
Very Low (50%): $41,950
Low (80%): $67,100

4 Persons

Extremely Low (30%): $27,950
Very Low (50%): $46,600
Low (80%): $74,550

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $50,350
Low (80%): $80,550

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $54,100
Low (80%): $86,500

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $57,800
Low (80%): $92,450

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $61,550
Low (80%): $98,450

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,600	$32,650	$52,200
2 Persons	$22,400	$37,300	$59,650
3 Persons	$25,200	$41,950	$67,100
4 Persons	$27,950	$46,600	$74,550
5 Persons	$31,040	$50,350	$80,550
6 Persons	$35,580	$54,100	$86,500
7 Persons	$40,120	$57,800	$92,450
8 Persons	$44,660	$61,550	$98,450

Tax Credit Program Details

Year Placed in Service

1991

Low-Income Units

25 / 25

Frequently Asked Questions

What is the average rent for affordable housing in Chicago, IL?+

The Fair Market Rent (FMR) for Cook County, IL is: $1399 (Studio), $1507 (1BR), $1714 (2BR), $2182 (3BR), $2583 (4BR). Actual rent at subsidized properties like 4750-58 Michigan is typically 30% of household income or less.

What are the income limits for affordable housing in Cook County, IL?+

For a 4-person household in Cook County, IL, the income limits are: Extremely Low Income (30% AMI): $27,950, Very Low Income (50% AMI): $46,600, Low Income (80% AMI): $74,550. These limits are set by HUD and updated annually.

How do I apply for housing at 4750-58 Michigan?+

4750-58 Michigan 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.

Who manages 4750-58 Michigan?+

4750-58 Michigan is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for 4750-58 Michigan?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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