HUD-insured apartment loans in North Chicago, IL
4 properties in North Chicago with 624 units have FHA-insured mortgages, owing $55.4 million in all. The median note rate is 5.1%; the lowest is 3.25% at Manchester Knolls.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Manchester Knolls | 180 | 3.25% | $4.4 million | 2051 |
| Brookstone at Cole Park | 170 | 5.1% | $20.3 million | 2059 |
| Regency at Cole Park | 50 | 5.1% | $3.9 million | 2059 |
| Prairie View Apartments | 224 | 5.97% | $26.9 million | 2068 |
Most-active servicers here: Illinois Housing Development A (2), Merchants Capital Corp. (2).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in North Chicago?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.