Northlake Farms Apts

6700 Derby Dr, Gurnee, Illinois 60031

Compliance Expired

Northlake Farms Apts is a 222-unit multifamily property located at 6700 Derby Dr in Gurnee, Illinois 60031. Placed in service in 1995 under the LIHTC program, its 15-year compliance period expired in 2010.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
1995
Expiration
2010
1995
1998
2001
2004
2007
2010
Expired 16 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
16
Property Overview
HUD IDILA19950145
Year Placed in Service1995
Year-15 Expiration2010
Acquisition Status Compliance Expired
Unit Breakdown
Total Units222
Low-Income Units222
Low-Income Ratio100%

2022 Tenant Profile

HUD Property-Level Data · Source: HUD LIHTC

Race & Ethnicity of Head of Household

Black / African American0%
Hispanic / Latino0%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Not Reported0%

Household Composition

With Children0%
Elderly 62+54%
Head 62+54%

Disability Status

Units with ≥1 Disabled Member10%
Members with Disability29%

Household Size at Certification

Actual = Certified size93%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules