Deer Park, IL 55+ Active Adult Retirement Communities

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Overview

Deer Park is located in Lake County, Illinois in the Chicagoland area. Residents enjoy the quaint, tight-knit community and culture. With plenty of access to great local amenities as well as Chicago, it is easy to see why active adults are retiring in Deer Park. 

Climate and Geography

Deer Park experiences 38 inches of rain and 38 inches of snow per year. Winters are cold, reaching freezing temperatures, and summers have temperatures in the 80s. 

Located in Lake County, Deer Park is near numerous greenspaces, including Illinois Beach State Park, North Point Marina, Volo Bog State Natural Area, and Chain O’ Lakes State Park. Deer Park is also near many lakes such as Lake Michigan, Lake Amy, Antioch Lake, Fourth Lake, and Shay Lane Resort Lake. Other natural areas include the Lake County Forest Preserves and the Ryerson Conservation Area.

Recreation, Culture, & Entertainment 

Top attractions in Deer Park include the Deer Park Town Center, which has more than 60 high-end retail shops and restaurants, as well as Vehe Farm, Cinemark Theaters-Century 16 Deer Park, and Cozy Feet Spa. The town is also located near Allstate Arena and The Arlington Park Race Track for concerts and sporting events.

Retirees looking to travel can easily get to O’Hare International Airport, one of the busiest airports in the nation in terms of total flights.

Cost of Living & Taxes

Deer Park’s cost of living is higher than the state and national averages because of the high costs of housing and transportation.

Illinois does not tax Social Security benefits, and income from retirement plans is generally exempt, including 401(k)s, pensions, and IRAs. Furthermore, homeowners over the age of 65 are eligible for a homestead exemption of up to $5,000 to help alleviate property taxes. Homeowners who make less than $65,000 can also have their assessed property value frozen or can defer property tax payments. 

Health Care

The Chicago metro area ranks in the top 85 communities on Gallup’s Well-Being Index.

Deer Park residents have access to over 40 nearby hospitals, many of which are rated high performing by U.S. News. High performing hospitals within 10 miles include Advocate Good Shepherd Hospital, Northwest Community Hospital, and Advocate Condell Medical Center. Additionally, Advocate Lutheran General Hospital, Northwestern Medicine Central DuPage Hospital, NorthShore University HealthSystem-Metro Chicago, and Loyola University Medical Center are all nationally ranked.

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