| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person |
|---|---|---|---|---|---|---|
| 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.
Oakwood Shores is 277 one, two, three, and four bedroom units located in Grand Boulevard and Oakland.
Oakwood Shores is approximately 94 acres located in Chicago's Grand Boulevard and Oakland communities, four miles south of the Loop and one third mile west of Lake Michigan. It is generally bound by 35th Street to the north, Lake Park Avenue to the east, Pershing Road to the south and Martin Luther King Jr. Drive to the west.
The site originally included more than 3,500 public housing units comprising the developments formerly known as Ida B. Wells, Madden Park, and Clarence Darrow Homes.
Construction of Oakwood Shores began in 2003 and will be completed over several phases. Three phases have been completed totaling 524 units of which 277 are CHA, 165 are affordable, and 145 are market rate. Upon completion Oakwood Shores will consist of 3,000 units of new rental and for-sale housing.
Single Family Homes for Sale
228334
Condos / Townhomes for Sale
133024
Multi-Family Homes for Sale
10530
Foreclosures for Sale
234837
Commercial Property for Sale
8372
Mobile Homes for Sale
5960
Vacation Property for Sale
3319
Land for Sale
149135
Open Houses for Sale
26984
Apartments for Rent
98688
Vacation Homes for Rent
5011
Office Space for Rent
71
Homes for Rent
152574
Condos for Rent
140253
Roommates for Rent
6332
Short Term for Rent
2563
Industrial Property for Rent
3851
Mobile Homes for Rent
321
Retail Property for Rent
74
Other Housing for Rent
21423