Enhancing the Community Fabric of Albany Park
Set right in the heart of the bustling Albany Park community, the Maria Elena Sifuentes Apartments offers high-quality, yet affordable homes on the northside of Chicago along with resources and amenities that complement and support the community.
Live
The Maria Elena will offer state of the art, modern, and efficient, affordable homes in Albany park along with strong management, and in a very convenient location. The attractive, environmentally-conscious design will enable 50 beautiful, healthy, and efficient apartments, including one-bedroom, two-bedroom, and three-bedroom options for individuals and families in the heart of Albany Park.
COMMUNITY
Meet just about any need within walking distance of the Maria Elena whether it is a high quality meal, cup of coffee, specialty store, or community event. A diverse and vibrant community is right out of your front door.
Work
Just four blocks from the CTA Brown line and with frequent bus service right the front door, it is easy to reach your new apartment. The property is also just a few blocks away from the El for direct service to the Loop and downtown. The groundfloor space will be occupied by an industry-leading daycare for working families to benefit from at reduced rates.
IN MEMORY
This transformational development is named in honor of Albany Park community leader for our partner, Communities United, Maria, Elena Sifuentes, who tragically passed away in 2021 before being able to see this development that she put so much of herself into come to fruition.
Welcome to the Maria Elena Apartments
AFFORDABLE HOUSING
Modern
And Affordable
Living
For Families Who Make Albany Park What it is
The Maria Elena Apartments are designed to serve the families that make the Albany Park community what it is. Slated to open in Spring 2023, the building offers diverse rental options for mid to lower income working households and persons with disabilities.
Quality Features for Affordable Living:
- Modern contemporary energy-efficient units
- In-property laundry facility
- 9′ Ceilings with large windows for great natural light
- Lobby and communal area and gathering space
- On-site leasing and property management office
- Storage, package center, and mailboxes
Apartment Plans
FAQs
The Maria Elena Apartments is located at 3559 West Lawrence Avenue at the corner of Central Park Avenue and is slated to open in Spring 2023. The transit-oriented development consists of 50 high-quality apartments above a community space/lobby and 6,000 square feet of retail space intended to be a daycare facility. Public art installation and murals will set the property apart as a community centerpiece and it is designed to complement the rich amenities of the Albany Park community.
The Maria Elena offers a variety of affordable apartment options, including 12 one-bedrooms, 33 two-bedrooms, and 5 live/work units.
The Maria Elena is intended to provide high-quality affordable housing in the heart of Albany Park. 42 apartments will be restricted to residents earning 60% or less of the area median income and 8 apartments will be set at rents for workforce households. Apply Now!
We are happy to announce that applications for new tenants for the 50 apartments at the Maria Elena are now being accepted.
The Maria Elena is made possible with financing from the City of Chicago that encourages affordable housing. As a result, household income limitations do apply. If an applicant intends to qualify for a unit, the applicant will be required to provide financial information evidencing household income as well as have a criminal background and credit check run on them.
The applicant must demonstrate a financial ability to pay his/her monthly contribution toward the rent of the unit. Property Management will verify the amount and source of the applicant’s income, assets, and expenses. Upon completion of the screening, please provide the birth certificates for all household members, social security card, or other documentation that will allow the team to properly confirm identity. Please note that if applicants are selected for the property a processing fee in the amount of the reports will be required.
Credit, criminal and eviction records of the applicant will be obtained through accrediting reporting agency with services fees payable by the applicant. Social security numbers, birth certificates, or documentation that are sufficient to complete these records will be required.
Rental applications will be taken beginning January 28, 2023. Apply Now!
The below income guidelines apply to all residents living in income-restricted apartments. They reflect the current maximum amounts of household income for residents of income-restricted units and will be updated in April 2023. If the applicant’s household income exceeds these guidelines, they are not eligible to live in one of the 42 income-restricted units at the Maria Elena. The Maria Elena is legally responsible to ensure that all residents that qualify for the income-restricted units conform to the guidelines at the time of move-in and annually thereafter.
Maximum Gross Income Limits
As of April 18, 2022
Household Size / Income Limit:
- 1 Person up to $43,800
- 2 Persons up to $50,040
- 3 Persons up to $56,280
- 4 Persons up to $62,520
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