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Academy Square Apartments

318 S Throop St, Chicago, IL 60607

Academy Square Apartments is an income-based apartment property for seniors, people with disabilities and families at 318 S Throop St in Chicago, IL. All 200 apartments are subsidized, in 1, 2 and 3-bedroom sizes. The rent assistance belongs to the apartment, so you apply to the property itself and you do not need a voucher.

Recorded assisted apartments
200
HUD property record
Who it serves
Seniors and families
Historical tenant payment
$453/mo
Historical rent + utilities average
Recorded HUD inspection
98 / 100
January 2025

How to apply to Academy Square Apartments

  1. Call the property office at (312) 829-0419 and ask whether the waiting list is open.
  2. Ask for an application. The property keeps its own waiting list; the housing authority's voucher list is a different line.
  3. Have ID, Social Security numbers and proof of income ready for everyone in the household. The office verifies income before it offers an apartment.

VoucherMatch does not take applications for this property and cannot tell you whether an apartment is open today. The office can.

About Academy Square Apartments

Address
318 S Throop St, Chicago, IL 60607
Program
Project-based Section 8
Who can live here
HUD lists this property as serving a mix of seniors, people with disabilities and families. Ask the office which apartments are open to your household.
Rent
Residents pay about 30% of their adjusted income toward rent and a HUD contract with the property covers the rest. HUD's resident data records an average payment of $453 a month toward rent and utilities. This historical average is not a current asking rent or a quote for your household.
Subsidized apartments by size
100 1-bedroom, 84 2-bedroom, 16 3-bedroom
Historical move-ins
About 5% of households had moved in within the past year in the resident data held by HUD. This does not predict openings, waiting time or the current status of the waiting list.
Managed by
Ludwig and Company, (847) 263-6200
HUD inspection
Scored 98 out of 100 in the HUD inspection record (January 2025). This is a dated inspection result, not a statement about the condition of an apartment today.
HUD contract
HUD's record lists a contract end of January 2035. This field alone does not confirm current coverage or a renewal; ask the office.
First occupied
1984

Income limits in Cook County (FY2026)

Most admissions to project-based Section 8 are for very low income households (50% of area median or less). Limited admissions above that level may be allowed within the low income limit. At least 40% of assisted units becoming available in a fiscal year must go to extremely low income households. The applicable admission rules depend on the contract; the office verifies eligibility (24 CFR 5.653).

Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$25,550$42,550$68,050
2 people$29,200$48,600$77,800
3 people$32,850$54,700$87,500
4 people$36,450$60,750$97,200
5 people$39,400$65,650$105,000
6 people$44,360$70,500$112,800
7 people$50,040$75,350$120,550
8 people$55,720$80,200$128,350

Source: HUD FY2026 income limits. Income is gross annual income for the whole household; the property verifies it when your name comes up on the waiting list.

Voucher-friendly listings in Chicago

21 listings

View all 21 listings →

If you already have a housing voucher

A Housing Choice Voucher pays part of the rent in a privately owned apartment you find yourself. It cannot be used in an apartment that is already subsidized, so the 200 income-based apartments here are not an option for it. Browse landlords in Chicago who accept vouchers or see Section 8 rent limits and housing authorities in Cook County.

Frequently asked questions

How do I apply to Academy Square Apartments?
Apply to the property, not to the housing authority. Call the office at (312) 829-0419 and ask whether the waiting list is open and how to get an application. Academy Square Apartments keeps its own waiting list, separate from the Section 8 voucher list. Expect to show ID, Social Security numbers and proof of income for everyone in the household.
What is the income limit for Academy Square Apartments?
Most admissions to project-based Section 8 are for very low income households (50% of area median or less). Limited admissions above that level may be allowed within the low income limit. At least 40% of assisted units becoming available in a fiscal year must go to extremely low income households. The applicable admission rules depend on the contract; the office verifies eligibility (24 CFR 5.653). In Cook County the FY2026 very low income limit is $42,550 a year for one person and $60,750 for a household of four.
How much is rent at Academy Square Apartments?
Residents pay about 30% of their adjusted income toward rent and a HUD contract with the property covers the rest. HUD's resident data records an average payment of $453 a month toward rent and utilities. This historical average is not a current rent quote. Your own share is calculated from your household's income when you move in and again each year.
Do I need a Section 8 voucher to live at Academy Square Apartments?
No. This is Project-based Section 8: the assistance is attached to the apartment, not to the tenant, so it is there when you move in and stays behind when you move out. A Housing Choice Voucher cannot be combined with an apartment that already has project-based assistance.

Other housing options in Chicago

Properties with the same recorded audience and rent type appear first, then distance. Check each property's requirements and current intake.

Browse the low income housing directory for Chicago, IL →

Property details from HUD’s Multifamily Assistance and Section 8 Contracts data and Picture of Subsidized Households, HUD property 800005688. Dataset retrieved October 2026; individual records may describe earlier periods.