RentCap / Chicago ARO Directory / Blue Island
60% AMI Tier Lower West Side • Ward 25 1 ARO Units

Blue Island

1907 S. Blue Island Ave, Chicago, IL 60608

Call Leasing
Blue Island Map & Street Context
Coordinates: 41.8557, -87.6626 ~23 min transit to Loop
Starting Estimated Rent
~$1100/mo
Save ~$1572/mo
Min 30x Rent Floor
$33,000
30x monthly total rent
1-Person Income Cap
$51,060
Statutory 60% Cap
2-Person Income Cap
$58,320
Combined gross income

Building & Leasing Details

Management Company
Ventus Holdings LLC
Leasing Phone
312-210-9649
Leasing Email
info@ventusholdingsllc.com
Official Management Website
Visit Management Site →
Source: City of Chicago Department of Housing public registry.

Required Application Documents

Per City of Chicago Department of Housing compliance guidelines, leasing agents must verify all items below before submitting your packet to the City.

  • 3 Consecutive Months of Bank Statements: From all checking and savings accounts (must include CashApp and Venmo balances).
  • Last 4–6 Consecutive Pay Stubs: Or Schedule C / 1099 bank deposit corroboration if self-employed.
  • Student Status Affidavit: Full-time students must meet specific HUD family/marriage/foster care exceptions; part-time students qualify normally.
  • Employer / HR Verification: Name, direct phone number, and official work email address.

Qualification Corridor

The 30x Rule Floor

You must earn at least $33,000/year (~$2750/month) to satisfy landlord rent-to-income requirements.

The Statutory AMI Ceiling

You cannot earn more than $51,060 (1 person) or $58,320 (2 persons) to qualify under city law.

Utilities & Fees

Water, sewer, gas, and trash are typically included. Mandatory internet or amenity charges ($50–$75/mo) are factored into the 30x rent floor calculation.

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