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Sherway Tower Apartments

4225 N Sheridan Rd, Chicago, IL 60613

Sherway Tower Apartments is an income-based apartment property for seniors, people with disabilities and families at 4225 N Sheridan Rd in Chicago, IL. 179 of its 180 apartments are subsidized, in studio, 1 and 2-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
179
of 180 in HUD’s record
Who it serves
Seniors and families
Historical tenant payment
$367/mo
Historical rent + utilities average
Recorded HUD inspection
98 / 100
May 2024

How to apply to Sherway Tower Apartments

  1. Call the property office at (773) 472-3535 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 Sherway Tower Apartments

Address
4225 N Sheridan Rd, Chicago, IL 60613
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 $367 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
36 studio, 126 1-bedroom, 17 2-bedroom
Other apartments
One of the 180 apartments is not covered by the HUD contract. Ask the office whether they are rental units, what rent applies and whether a Housing Choice Voucher can be used.
Historical move-ins
About 4% 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
Benchmark Management of Illinois, Inc., (716) 833-4986
HUD inspection
Scored 98 out of 100 in the HUD inspection record (May 2024). 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 May 2030. This field alone does not confirm current coverage or a renewal; ask the office.
First occupied
1980

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 179 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 Sherway Tower Apartments?
Apply to the property, not to the housing authority. Call the office at (773) 472-3535 and ask whether the waiting list is open and how to get an application. Sherway Tower 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 Sherway Tower 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 Sherway Tower 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 $367 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 Sherway Tower 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. One apartment is not subsidized; ask the office whether a Housing Choice Voucher can be used there.

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 800006324. Dataset retrieved October 2026; individual records may describe earlier periods.