Management and Development
AFFORDABLE HOUSING FOR SENIORS
Management and Development
Forest Oaks, Forest Park, IL
25, Elgin Avenue, Forest Park, Proviso Township, Cook County, Illinois, 60130, United States
For Rent
From $880 Per Month
Description
Forest Park is now home to Forest Oaks Senior Apartments, a 56 unit development offering one and two-bedroom affordable apartments.
This brand new affordable 55 and over community combines luxury living with affordable rents. In-unit washer and dryers, fully equipped kitchen, private balcony, indoor parking, 24-hour security, a full schedule of activities and prime location. Forest Oaks is located directly off Harlem Avenue and connected to a bowling alley with two commercial spaces and the intention of one being a restaurant.
The project was developed by Phil Moeller of Carefree Development. Mr. Moeller used low-income housing tax credits (LIHTC) awarded by the Illinois Housing Development Agency IHDA and syndicated by the National Equity Fund, a grant awarded to the development by the Federal Home Loan Bank FHLBC and project-based vouchers from The Housing Authority of Cook County.
For more information or to schedule a tour, get in touch with us.
Additional Details
- SECURITY: 24 hour Security
- AMMENITIES: Large, elegant dining room
- LIBRARY: Well stocked library
- ACCESSIBLE: Handicap accessible building
- GREEN SPACE: Landscaped courtyard
- PARKING: Indoor Parking
- LAUNDRY: In-Unit Washer/Dryer
- UPDATES: Stainless Steel Appliances, Fully Equipped Kitchen , Private Patio/Balcony
HUD Rent Limits
Our rents are based on the HUD published rent maximums. The rent each tenant pays is based off the maximum limits and the household’s annual gross income.
Floor Plans
1+1
2+1
2+1.5
2+2
