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Bailey McPherson · Campbell Street Asset Management Inc

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Rent a condoat 1915 W Irving Park Road 210, Chicago, IL 60613

$0

Rental

320 Sq. Ft.

1 Bathrooms

223 Days on market

12008991 MLS ID

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About 1915 W Irving Park Road 210 condo

INCOME RESTRICTION: This property is being offered at a low rent of $1,054.00 / month and is an affordable unit which requires income of less than $46,500 for a household of one and $53,000 for a household of two. This impeccable studio apartment is located in a new construction elevator building and features hardwood floors throughout, private outdoor space, in-unit laundry, air conditioning, bathroom features designer finishes, granite kitchen with stainless steel appliances Regarding the ARO program and the process involved, please read the detailed explanation below: Essentially there are two separate entities that will have to approve you as a tenant for an ARO unit - 1. The management company which has requirements of monthly income more than 3x the monthly rent, as well as a credit score of 650+. Cosigners are accepted to meet the management company requirements, but between the (tenant) applicant and the (cosigner) applicant, the cumulative monthly income must be more than 7x the monthly rent and the cosigners credit score must be 700+. The other entity that must approve the applicant for an ARO unit is the city of Chicago, which is a little more complicated. This particular ARO apartment is a 60% AMI one, so you would need to generate (yearly) less than $46,500. Tenant is responsible for paying gas and electric directly, and then there is an additional $60 / month charge to management that covers all other utilities including internet. Internet is through Xfinity.
INCOME RESTRICTION: This property is being offered at a low rent of $1,054.00 / month and is an affordable unit which requires income of less than $46,500 for a household of one and $53,000 for a household of two. This impeccable studio apartment is located in a new construction elevator building and features hardwood floors throughout, private outdoor space, in-unit laundry, air conditioning, bathroom features designer finishes, granite kitchen with stainless steel appliances Regarding the ARO program and the process involved, please read the detailed explanation below: Essentially there are two separate entities that will have to approve you as a tenant for an ARO unit - 1. The management company which has requirements of monthly income more than 3x the monthly rent, as well as a credit score of 650+. Cosigners are accepted to meet the management company requirements, but between the (tenant) applicant and the (cosigner) applicant, the cumulative monthly income must be more than 7x the monthly rent and the cosigners credit score must be 700+. The other entity that must approve the applicant for an ARO unit is the city of Chicago, which is a little more complicated. This particular ARO apartment is a 60% AMI one, so you would need to generate (yearly) less than $46,500. Tenant is responsible for paying gas and electric directly, and then there is an additional $60 / month charge to management that covers all other utilities including internet. Internet is through Xfinity.

Property details

Association amenities

Elevator(s)

Basement

None

Construction materials

Brick

Heating

Electric

Interior features

Elevator

Laundry features

In Unit

Parking features

Attached

Pets allowed

Cats OK

Dogs OK

Rent includes

Other

Sewer

Public Sewer

Schools

This home is within the City Of Chicago School District 299.

Chicago enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

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Unreal Estate checked: Sep 10, 2024 at 1:32 p.m.

Data updated: Aug 28, 2024 at 8:04 a.m.

Courtesy of Campbell Street Asset Management Inc.
Based on information submitted to the MRED as of 08/08/2023. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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