Parkside 4 II — Income-Restricted Housing in Chicago, IL 60610
551 W Elm St, Chicago, IL 60610
102 units · 47 income-restricted · Studio–4+ BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2021
- Income limit
- 60% AMI
- Bedrooms
- 21 Studio · 34 1 bedroom · 11 2 bedrooms · 35 3 bedrooms · 1 4+ bedrooms
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Nearby income-restricted buildings
Clybourn 1200
454 W Division St, Chicago, IL 60610
0.1 mi away
84 units · 40 income-restricted · 1–3 BR
- Apply through Chicago Housing Authority
Parkside IIB Rental
459 W Division St, Chicago, IL 60610
0.1 mi away
106 units · 63 income-restricted · 1–4+ BR
- Apply through Chicago Housing Authority
Parkside of Old Town
437 W Division St, Chicago, IL 60610
0.1 mi away
263 units · 72 income-restricted · 3–4+ BR
- Apply through Chicago Housing Authority
Parkside of Old Town P2A
544 W Oak St, Chicago, IL 60610
0.1 mi away
112 units · 85 income-restricted · 1–4+ BR
- Apply through Chicago Housing Authority
Parkside Phase 1B Rental
545 W Division St, Chicago, IL 60610
0.1 mi away
111 units · 81 income-restricted · 1–4+ BR
- Apply through Chicago Housing Authority
Near North
1234 N Clybourn Ave, Chicago, IL 60610
0.2 mi away
96 units · Studio · People experiencing homelessness
Old Town Village West
343 W Old Town Ct, Chicago, IL 60610
0.2 mi away
222 units · 66 income-restricted · 1–3 BR
- Apply through Chicago Housing Authority
Rents and income limits in 60610
- Fair market rent, 2 bedrooms
- $3,020/mo
- Income needed to pay it at 30% of income
- $120,800/yr
- Renters in 60610 paying 30% or more of income on rent
- 41%
Income limits (2026)
Chicago-Joliet-Naperville, IL area · median family income $121,500. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $25,550 | $42,550 | $68,050 |
| 2 | $29,200 | $48,600 | $77,800 |
| 3 | $32,850 | $54,700 | $87,500 |
| 4 | $36,450 | $60,750 | $97,200 |
| 5 | $39,400 | $65,650 | $105,000 |
| 6 | $44,360 | $70,500 | $112,800 |
| 7 | $50,040 | $75,350 | $120,550 |
| 8 | $55,720 | $80,200 | $128,350 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 60610 | Wider area |
|---|---|---|
| Studio | $2,520 | $1,678 |
| 1 bedroom | $2,670 | $1,780 |
| 2 bedrooms | $3,020 | $2,011 |
| 3 bedrooms | $3,880 | $2,586 |
| 4 bedrooms | $4,440 | $2,954 |
Wider area = Chicago-Joliet-Naperville, IL. Two-bedroom fair market rents in 12 nearby ZIPs range from $2,810 (60622) to $3,020 (60607).
Census figures for 60610 (2020–2024 average): median rent $2,089. Median household income $105,226. 66% of homes are rented. 41% of renters pay 30% or more of their income on rent, and 16% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 60610's fair market rent.
Estimate your Section 8 rent share for 60610Frequently Asked Questions
How do I apply to Parkside 4 II?
No phone is listed for Parkside 4 II. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Parkside 4 II Section 8 housing?
Parkside 4 II is listed as income-restricted housing in Chicago, IL 60610 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Parkside 4 II?
Public records list 102 units at Parkside 4 II in Chicago, IL 60610. That is a building size, not a count of open apartments.
Are there other affordable apartments near Parkside 4 II?
Yes — this page lists other income-restricted buildings in 60610 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Parkside 4 II?
Call the number on this page and ask about the waiting list or how to apply at Parkside 4 II in Chicago, IL 60610. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Chicago, IL 60610?
Most income-restricted buildings in Chicago, IL 60610 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $42,550, and $60,750 for a 4-person household. Public housing can go up to 80% ($68,050 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Chicago, IL 60610?
For many programs in Chicago, IL 60610, the 2026 HUD very low-income (50%) limit is $42,550 a year for 1 person and $60,750 for 4 people. The low-income (80%) limit is $68,050 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Chicago, IL 60610?
In public housing and most Section 8 in Chicago, IL 60610, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Chicago, IL 60610 is $3,020 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Parkside 4 II take Section 8 vouchers?
This file does not say that Parkside 4 II has a project-based Section 8 contract. Some landlords in Chicago, IL 60610 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Parkside 4 II.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.