City Council Approves Sale and Transfer of San Miguel Apartments, Debt Forgiveness

June 18, 2025

The Chicago Department of Housing (DOH) received approval from City Council for an ordinance that allows the sale and transfer of San Miguel Apartments located at 907 W Argyle. Additionally, they approved debt forgiveness of $1.75 million and the change in income restriction of the units.   

The sale of this multi-family building preserves 53 units of affordable housing for a minimum of 15 more years with no additional funding from the City. By allowing the requested actions, the City can facilitate the building transfer from Heartland Housing to Chicago Metro Housing Development Corporation.   

This property has served Chicago’s residents in need of affordable housing for the past 31 years.   

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