
Landlord's Agent in 2024
Bailey McPherson
Campbell Street Asset Management Inc
(309) 846-1515
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.
Last Agent to Rent the Property
Campbell Street Asset Management Inc License #475188860 Listed on: 03/20/2024
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/25/2024 09/25/24 | Rented | $1,055 | 0.0% | -- |
09/24/2024 09/24/24 | Off Market | $1,055 | -- | -- |
08/08/2024 08/08/24 | For Rent | $1,055 | 0.0% | -- |
07/30/2024 07/30/24 | Off Market | $1,055 | -- | -- |
07/23/2024 07/23/24 | Price Changed | $1,055 | 0.0% | $3 / Sq Ft |
07/23/2024 07/23/24 | For Rent | $1,055 | +0.1% | -- |
06/27/2024 06/27/24 | Off Market | $1,054 | -- | -- |
06/14/2024 06/14/24 | For Rent | $1,054 | 0.0% | -- |
05/20/2024 05/20/24 | Off Market | $1,054 | -- | -- |
05/08/2024 05/08/24 | For Rent | $1,054 | 0.0% | -- |
04/11/2024 04/11/24 | Off Market | $1,054 | -- | -- |
03/20/2024 03/20/24 | For Rent | $1,054 | -- | -- |
Landlord's Agent in 2024
Bailey McPherson
Campbell Street Asset Management Inc
(309) 846-1515
Tenant's Agent in 2024
Batdelger Tsengeldorj
Fulton Grace
(773) 822-1281
12 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12008991