Chicago, Illinois

Tax credit apartments in Chicago 60620

14 properties in ZIP code 60620 with 1,436 income-restricted apartments, from HUD's LIHTC database. All of Chicago.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

7500-06 S Eggleston

7500 S Eggleston Ave, Chicago, IL 60620

Apartments: 24
Income-restricted: 23
Placed in service: 1990

Anchor House

1200 W 76th St, Chicago, IL 60620

54 studio, 33 1BR, 23 2BR, 5 3BR

Apartments: 115
Income-restricted: 115
Placed in service: 1997

Auburn Commons Apts

1626 W 87th St, Chicago, IL 60620

HUD lists it as senior housing · 72 1BR

Apartments: 72
Income-restricted: 72
Placed in service: 2003

Brainerd Park Apartments

8920 Loomis, Chicago, IL 60620

8 1BR, 14 2BR, 10 3BR, 4 4BR

Apartments: 36
Income-restricted: 36
Placed in service: 2018

Brainerd Senior Center

8915 S Loomis St, Chicago, IL 60620

HUD lists it as senior housing · 6 studio, 49 1BR, 5 2BR

Apartments: 60
Income-restricted: 59
Placed in service: 2001

Brainerd Senior Preservation

8915 S. Loomis St., Chicago, IL 60620

6 studio, 48 1BR, 6 2BR

Apartments: 60
Income-restricted: 60
Placed in service: 2024

Continental Plaza Apts

1330 W 78th St, Chicago, IL 60620

164 1BR, 96 2BR, 32 3BR

Apartments: 292
Income-restricted: 284
Placed in service: 2006

Senior Suites/auburn-gresham

1050 W 79th St, Chicago, IL 60620

25 studio, 60 1BR

Apartments: 85
Income-restricted: 80
Placed in service: 2007

St Leo Residence

7750 S Emerald Ave, Chicago, IL 60620

141 studio

Apartments: 141
Income-restricted: 141
Placed in service: 2006

Stewart Court

7640 S Stewart Ave, Chicago, IL 60620

1 1BR, 31 2BR, 12 3BR, 4 4BR

Apartments: 48
Income-restricted: 48
Placed in service: 1993

Stone Terrace

8440 S Parnell Ave, Chicago, IL 60620

18 1BR, 85 2BR, 51 3BR

Apartments: 154
Income-restricted: 154
Placed in service: 2002

Stone Terrace

8440 S. Parnell Ave, Chicago, IL 60620

18 1BR, 87 2BR, 51 3BR

Apartments: 156
Income-restricted: 154
Placed in service: 2002

Stone Terrace Apartment

540 W 85th St, Chicago, IL 60620

Apartments: 156
Income-restricted: 156
Placed in service: 2002

Veterans New Beginnings

8132 S Racine Ave, Chicago, IL 60620

54 studio

Apartments: 54
Income-restricted: 54
Placed in service: 2015

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024).

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.