The Oaks Dearborn Park Elderly — Project-Based Section 8 in Chicago

820 S Park Ter, Chicago, IL, 60605

Income-based rent · about 30% of income · 190 units · Managed by D&K Real Estate Service Corporation

About this apartment

The Oaks Dearborn Park Elderly is a Project-Based Section 8 building at 820 S Park Ter, Chicago with 190 apartments (190 subsidized). Rent is income-based, about 30% of household income. Apply directly to the building — call 312-663-0664.

The subsidy is attached to this building, not to you. You do not need your own Section 8 voucher to apply here — qualifying households pay about 30% of adjusted income as rent and the federal subsidy covers the rest.

About The Oaks Dearborn Park Elderly

The Oaks Dearborn Park Elderly is a Project-Based Section 8 property at 820 S Park Ter, Chicago 60605. It has 190 apartments, 190 of which are subsidized (180 one-bedroom, 10 two-bedroom). Most current residents are 62 or older.

Who can apply

This program serves low-income families and individuals who meet HUD income limits for the Illinois area (generally at or below 50% of area median income; many buildings prioritize 30%).

How to apply

1. Call the building at 312-663-0664 (managed by D&K Real Estate Service Corporation) and ask whether the waiting list is open and how to get an application.
2. Most buildings keep their own waiting list — this is separate from the Chicago Housing Authority (CHA) Section 8 voucher list.
3. Submit proof of income, ID for every household member, and Social Security numbers where available.
4. When your name comes up, the management office verifies eligibility and offers a unit.

Your rights

Chicago Fair Housing Ordinance & Cook County Human Rights Ordinance (source of income protected)

Nearby

See all subsidized housing and voucher-friendly options on the Chicago page and read how to apply for Section 8 in Chicago.

Source: HUD Multifamily Assisted Properties database (Nov 2026). Unit counts and contacts come from HUD and may lag reality — always confirm by phone. This is not an availability listing.