Lakewood Tower
320 N Milwaukee Ave, Lake Villa, Illinois 60046
⬜ Compliance Expired
Lakewood Tower is a 80-unit multifamily property located at 320 N Milwaukee Ave in Lake Villa, Illinois 60046. Placed in service in 2003 under the LIHTC program, its 15-year compliance period expired in 2018.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
2003
Expiration
2018
2003
2006
2009
2012
2015
2018
✅
Expired 8 years ago
The 15-year compliance period has ended. The property may have already been repositioned or converted.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
8
Property Overview
HUD IDILA20030165
Year Placed in Service2003
Year-15 Expiration2018
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units80
Low-Income Units80
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
Household Composition
With Children48%
Elderly 62+32%
Head 62+32%
Disability Status
Members with Disability0%
Household Size at Certification
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules