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A black and white image with the words RELATED AFFORDABLE on it.
A black and white image with the words RELATED AFFORDABLE on it.
Property Logo at Sheridan Park, Chicago, IL 60640
Sheridan Park
4536-40 N Magnolia Ave, Chicago, IL 60640
+1 773-878-9879
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Property Overview

Studio–2 Beds
1 Bath

At Sheridan Park, affordable living in Chicago, Illinois is elevated through thoughtful design and attention to detail. Studio, one-, and two-bedroom floor plans are crafted for efficiency and comfort, featuring hardwood flooring, mirrored closet doors, and well-planned layouts that make the most of each space. Community amenities, including an on-site laundry facility, business center, elevator access, and a dedicated management and maintenance team, further enhance the resident experience. This community is ideal for residents seeking a balance of comfort, convenience, and city connectivity in Uptown Chicago.

Office Hours

  • Mondayto - Friday: 9 AM to - 4 PM
  • Saturday: Closed
  • Sunday: Closed

Floor Plans

Sheridan Park offers a variety of thoughtfully designed layouts to suit different living preferences and routines. Within studio, 1 & 2-bedroom apartments in Uptown Chicago these homes make it easy to find a layout that fits your lifestyle.

Advertised rents and income limits apply to the tax credit (LIHTC) program*. Sheridan Park participates in the LIHTC and Project-Based Section 8 programs, each with its own eligibility requirements. Programs operate off waitlists. Rents and security deposit amounts may vary. Income limits apply. Voucher holders are welcome to apply. Contact the leasing office for details. Equal Housing Opportunity.

*Studio apartment pricing is reflective of 50% AMI, and the One and Two-Bedroom pricing is reflective of the 60% AMI.

Studio

  • Studio
  • 1 Bath
  • 350 Sq. Ft.
14 Available
Studio Floorplan at Sheridan Park, Illinois 60640

Starting at $1,012.00
Start Your Application  for Studio

One Bedroom

  • 1 Bed
  • 1 Bath
  • 500 Sq. Ft.
5 Available
One Bedroom Floorplan at Sheridan Park, Chicago, Illinois

Starting at $1,310.00
Start Your Application  for One Bedroom

Two Bedroom

  • 2 Bed
  • 1 Bath
  • 600 Sq. Ft.
3 Available
Two Bedroom Floorplan at Sheridan Park, Chicago

Starting at $1,567.00
Start Your Application  for Two Bedroom

Let Our Chicago Apartments Elevate Your Life

Whether you are seeking a streamlined space or additional room to spread out, these apartments in Uptown Chicago provide versatile living solutions designed for modern city life.

Studio Floor Plan

The studio layout at Sheridan Park offers approximately 350 square feet of thoughtfully arranged space. This open-concept design maximizes efficiency while maintaining dedicated areas for living, dining, and rest.

One-Bedroom Floor Plan

The one-bedroom floor plan features around 500 square feet with a clearly defined living and sleeping area. This layout offers added privacy and separation, making it well-suited for comfortable daily routines or hosting guests.

Two-Bedroom Floor Plan

At approximately 600 square feet, the two-bedroom layout provides additional flexibility for shared living or extra space. This floor plan allows for distinct bedrooms alongside a central living area, making it a practical choice for those who want room to grow and adapt.

Apartment Features

Each residence at Sheridan Park includes a consistent set of features that support a comfortable lifestyle. From practical layouts to essential in-home finishes, every space is designed with ease of living in mind, reflecting the quality found in apartments in Chicago, IL residents value.

Schedule your tour at Sheridan Park today and find the floor plan that fits your lifestyle.

Neighborhood

Sheridan Park offers a well-connected location in Chicago’s Uptown neighborhood, making it easy to navigate the city and beyond. Just minutes from Lake Michigan, Montrose Beach, and major transit routes, these apartments near Downtown Chicago provide convenient access to both daily essentials and local destinations.

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Category Locations List

Find Our Apartments Near Downtown Chicago

Set within one of Chicago’s most vibrant lakefront neighborhoods, Sheridan Park places residents close to key employers, dining, recreation, and transit options that support an active and connected lifestyle.

Nearby Employers

Sheridan Park is conveniently located near major employers including Weiss Memorial Hospital, a key healthcare provider in the Uptown area, and Advocate Illinois Masonic Medical Center, known for its comprehensive medical services. This location also benefits those working near educational institutions and local businesses, reinforcing the appeal of nearby 60640 apartments for a variety of professional needs.

Public Transportation

Access to public transportation is simple and efficient, making commuting throughout the city seamless.

  • CTA Red Line at Wilson Station
  • Multiple CTA bus routes along Broadway and Sheridan Road

Dining & Entertainment

Residents have access to a variety of local favorites, including Sun Wah BBQ, known for its signature duck dinners, and Tank Noodle, a popular spot for Vietnamese cuisine. The Riviera Theatre and Aragon Ballroom offer live music and cultural events throughout the year, while the Green Mill Cocktail Lounge adds a historic jazz experience.

Parks & Recreation

Nearby Montrose Beach and the Lakefront Trail provide scenic outdoor spaces for walking, biking, and relaxing along Lake Michigan. Clarendon Park offers green space, athletic courts, and recreational facilities for a range of activities.

Shopping & Local Services

Everyday errands are convenient with nearby grocery stores such as Jewel-Osco and Target. The Uptown neighborhood also features local boutiques, pharmacies, and essential service providers along Broadway and Wilson Avenue. Residents looking for accessibility near healthcare will also appreciate proximity to apartments near Methodist Hospital, making daily routines easier to manage.

Plan your visit to Sheridan Park today and experience the convenience of this well-connected Chicago location.

Amenities

Sheridan Park in Chicago offers a thoughtful blend of comfort and convenience designed to elevate everyday living. Residents enjoy a curated mix of in-home features and community spaces that support a balanced lifestyle, making these affordable apartments in Chicago an exceptional place to call home.

  • Elevator
  • Laundry Facility
  • Business Center
  • Elevator Featured amenity

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  • Laundry Facility Featured amenity

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  • Business Center Featured amenity

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  • Access to Public Transportation
  • On-Site Maintenance

Pet Policy

Pets are not allowed

* Only available in select apartments

Unmatched Apartment Amenities in Chicago

Discover amenities thoughtfully designed to enhance how you live, unwind, and stay connected at Sheridan Park.

Apartment Amenities

Inside each home at Sheridan Park, practical features and classic finishes come together to create a comfortable living environment. Residents can enjoy a mix of hardwood and carpeted flooring that adds warmth and versatility to each layout. Kitchens include a refrigerator for everyday convenience, and mini blinds offer privacy with style. These details create a seamless living experience in our apartments in Chicago.

Community Amenities

Sheridan Park provides a welcoming community setting in the heart of Chicago with amenities that support both productivity and relaxation. A business center offers a dedicated space for remote work or study, while the on-site laundry facility adds everyday convenience. Elevator access ensures easy movement throughout the building, and on-site maintenance helps keep the community running smoothly. These features come together to enhance daily life within well-located uptown apartments in Chicago that residents appreciate.

Ready to make Sheridan Park home? Contact our leasing team today to schedule your personal tour and find the apartment that fits your life in Chicago.

FAQ

Neighborhood

Chicago has many, distinct neighborhoods to choose from and has something for everyone. Here are some of the best places to live when you're looking for a Chicago apartment for rent:

  • Sheridan Park

Centrally-located near Uptown, Edgewater, and Lakeview neighborhoods offering walkability, great dining, a strong community feel, and easy access to parks and nearby areas like Lake Michigan and Lakefront Trail.

  • Uptown

Uptown is a vibrant neighborhood known for its entertainment venues, diverse dining options, and historic music and theater scene. It’s a popular area for residents who want easy access to nightlife, cultural attractions, and the lakefront.

The Sheridan Park neighborhood is a diverse, walkable, and eclectic neighborhood within the city of Chicago.

  • Ideal Location

Sheridan Park is centrally located near the Uptown, Edgewater, and Lakeview neighborhoods. It is minutes from Downtown Chicago.

  • Outdoor Adventures

Explore Lake Michigan, Montrose Beach, or any of Chicago's outdoor spaces to soak up the sun.

  • Premium Living

Home communities, like Sheridan Park, feature top-tier amenities, resort-inspired services, and a prestigious address for quality living.

  • Local Shops

Shop conveniently at nearby grocery stores or at any of Chicago’s local farmers markets.

There are many fun activities to do in Chicago! Sheridan Park Apartment’s central location in Uptown puts Sheridan Park’s residents in the heart of Chicago. Major attractions in the city include:

  • Montrose Beach
  • Lakefront Trail
  • Riveria Theatre
  • Wrigley Field

Sheridan Park Apartments in Sheridan Park are only minutes from Chicago’s top employers. The proximity to Lake Shore Drive and the CTA Red Line stations gives easy access to tech, education, and healthcare employers, like:

  • Advocate Illinois Masonic Medical Center
  • Weiss Memorial Hospital
  • Truman College

At Sheridan Park, you'll find a variety of the amenities that make living in sunny Chicago even better, such as:

Comfortable Apartment Interiors

Spacious floor plans with modern finishes provide residents with functional and inviting living spaces.

On-Site Laundry Facilities

Convenient on-site laundry makes every day routines easier and more efficient.

Pet-Friendly Community

Sheridan Park Apartments is a pet-friendly community, making it easy to enjoy nearby parks and lakefront paths with your pets.

Floor Plans

Floor Plans for Sheridan Park can be found in the dropdown menu of the website by clicking “Floor Plans.” Please note that applicants cannot select a specific apartment. Once at the top of the waitlist, an applicant will be matched with the appropriate bedroom size based on family size and qualifications.

Sheridan Park Apartments in the Uptown neighborhood of Chicago offers studio, one-bedroom, and two-bedroom apartment homes through Chicago’s LIHTC affordable housing programs.

Amenities

No, pets are not allowed at our community.

Qualifications and Waitlist

Our affordable apartments in the Uptown neighborhood of Chicago offers a 12-month lease term.

Interested prospects are welcome to apply on our website by clicking, “Apply Now.” Those who still have further questions before submitting an application are welcome to reach out to the management office for assistance.

Sheridan Park is an affordable, multifamily housing community under the Low-Income Housing Tax Credit (LIHTC) program.

Requirements include but are not limited to the following:

  • Income Limits: Applicants must meet income limits based on the number of people in the household
  • Program Eligibility: Applicants must meet all federal and state program requirements
  • Background Screening: Standard screening policies apply (i.e. rental history, credit checks, and other qualifications)
  • Age/Eligibility: Community is designated for multifamily/elderly/disabled
Once you submit your application, our team will carefully review your information to determine your eligibility for our affordable housing program. Based on this review, we will identify which program you qualify for and the type of unit that best fits your household’s needs.

Equal Housing Opportunity.

Maximum Income Limits (per household size)
Gross household income may not exceed the incomes listed below based on household size.

For more information about how income is calculated or to begin the qualification process, contact us today or start your application online.

  • 1 Person - $51,060
  • 2 Person - $58,320
  • 3 Person - $65,640
  • 4 Person - $72,900
  • 5 Person - $78,780
  • 6 Person - $84,600
  • 7 Person - $90,420
  • 8 Person - $96,240
Please note: The above Maximum Income Limits are for the 60% AMI (LIHTC).

Yes, we do maintain a waitlist. After you submit your application, our team will review it to ensure all required information has been provided and that it is complete. Once your application is verified, you will be placed on our waitlist for consideration as units become available.