Chicago Area, IL 55+ Active Adult Retirement Communities

The concept of constructing a retirement community around Chicago initially seemed strange. However, some developers recognized a demand for the lifestyle and amenities offered by an active retirement community. Consequently there are now over forty 55+ communities in the Chicago area.

Individuals seeking to spend their retirement years near family and friends in the Midwest will appreciate the range of community and home options available. Most active adult communities in Chicago comprise 100 to 5,400 homes. These communities typically provide a variety of clubs, interest groups, classes, events, and social opportunities, catering to individuals aged 55 and above. Illinois age-restricted communities in the Chicago area attract active adult homebuyers who desire to reside in peaceful locales without having to venture far for entertainment, recreation, and cultural experiences.

Chicagoland Area Climate & Geography

Geographically, the Chicago area resides within the Chicago Plain, characterized by its flat and expansive terrain. Hills are sparse, and Lake Michigan forms the eastern border. Active adult communities in the Chicago area are situated near Aurora, Elgin, Evanston, Hoffman Estates, Joliet, Naperville, and Tinley Park.

The Chicago area experiences a humid continental climate, marked by four distinct seasons. Springs are wet, summers are hot and humid, winters are cold, and falls are pleasant.

Recreation, Culture & Entertainment Near Chicago

Recognized as the Best Sports City by Sporting News, Chicago is home to numerous major league sports teams, including the Bulls (NBA), Sky (WNBA), Cubs and White Sox (MLB), Bears (NFL), Blackhawks (NHL), and Fire (MLS). The Chicagoland Speedway hosts NASCAR Cup Series and IndyCar Series races.

The city of Chicago offers a plethora of opportunities for recreation, culture, and entertainment. It boasts a diverse culinary scene, ranging from laid-back eateries to fine dining establishments. Dozens of museums, art galleries, and tourist attractions abound. Iconic entertainment venues like the Chicago Theatre, Navy Pier, and Millennium Park host concerts and events year-round.

Naperville, a popular Chicago suburb, offers excellent options for nightlife, dining, and entertainment. Activities such as exploring historic buildings, strolling along the charming Riverwalk, or attending events at Wentz Concert Hall & Fine Arts Center are popular. Naperville provides additional entertainment options for active adults in the Chicago area, away from the hustle and bustle of the city. Moreover, Northern Illinois features state parks, lakes, and trails, offering endless opportunities for outdoor enthusiasts.

Chicago Cost of Living & Taxes

As is typical in most metropolitan areas, the cost of living near Chicago is higher compared to other regions in Illinois. Nonetheless, the overall cost of living in the state aligns with the national average. Income tax is levied at a flat rate of 5%, while the average sales tax hovers around 6.5%. Property tax collection varies at the local level, based on county, township, municipality, school district, and other special districts.

Chicago Healthcare

The Chicago metropolitan area is home to 119 hospitals, ensuring easy access to quality healthcare for residents of 55+ communities. Of these hospitals, 36 have been recognized for high performance, with ten achieving national rankings. Moreover, the physician-to-patient ratio exceeds the national average.