Grayslake, IL 55+ Active Adult Retirement Communities

Homebuyers looking for 55+ communities in Grayslake are loving this  Lake County village. It is considered an exurb of the Chicagoland area, approximately 40 miles north-northwest of the city center. Best known for being a quaint village with larger cities in proximity, retirees that are looking for a close-knit community and all four seasons will surely appreciate Grayslake.

Homebuyers looking for 55+ communities in Grayslake are loving this  Lake County village. It is considered an exurb of the Chicagoland area, approximately 40 miles north-northwest of the city center. Best known for being a quaint village with larger cities in proximity, retirees that are looking for a close-knit community and all four seasons will surely appreciate Grayslake.

Climate & Geography

The climate in Grayslake is humid continental, meaning summers are hot and humid, while winters are cold and often snowy. Residents can expect an average amount of rainfall, more snowfall than the national average, and approximately 192 days of sunshine each year.

Recreation, Culture & Entertainment

Grayslake is a relaxed village with activities on the more leisure side. Shopping ranges from antique shops to fashion stores. During the warm months, active adults can visit the local parks and lakes. Brewing companies are scattered throughout the village.

The larger city of Chicago is near enough for residents to take day trips and explore a wider variety of activities.

Cost of Living & Taxes

The overall cost of living is slightly less than the national average, though it is slightly higher than the state average. While most individual costs indexes are within 5 percent of the national average, transportation costs are a bit lower.

All forms of retirement income, including Social Security benefits, pensions, and retirement savings accounts, are exempt from income tax in the state of Illinois. Although property taxes in the state are the second highest in the country, there is a homestead exemption available to help offset this costs, and homeowners who are 65+ can apply for an additional senior homestead exemption. Sales taxes are also quite high, and Illinois does tax food and medicine, unlike most states.

Health Care

Residents of 55+ communities in Grayslake have several options for nearby health care. There are three highly ranked medical centers and hospitals located within 15 miles of Grayslake. They are Advocate Condell Medical Center, Northwestern Medicine Lake Forest Hospital, and Advocate Good Shepherd Hospital. Advocate Condell Medical Center is regionally ranked and ranked high performing in nephrology and four adult procedures/conditions. Northwestern Medicine Lake Forest Hospital is ranked high performing in heart failure and four adult specialties. Advocate Good Shepherd Hospital is regionally ranked and rated high performing in nephrology and three adult procedures/conditions.


Communities Near Grayslake
Buy
Rent
loading

Price Range

Rent or Buy

Home Types

Age Restriction

New Construction or Resale

Community Size

Gated

Amenities

Price Range

Bedrooms

Bathrooms

SqFt

2 communities near Grayslake

0 Homes for Sale

Saddlebrook Farms

For Sale
  • Mid $100ks - High $200ks
  • 2000 Homes (9 for sale)
  • 55+ Age Restriction
  • New And Resale Homes
  • 1989 - Present
  • 11 reviews

Carillon North

For Sale
  • Low $200ks - Mid $300ks
  • 361 Homes
  • 55+ Age Restriction
  • Resale Homes Only
  • 1999 - 2004
  • 5 reviews

58 More Communities Found in Illinois

Not seeing what you are looking for? Check out these nearby communities in Illinois.

View More Communities

Want more community information?

Global - Lead Form - Buyer or Renter

*55places does not provide or maintain community HOA information.
By requesting more information, you agree that
55places and its affiliates, partner providers, or

“Real Estate Professionals” includes a network of local real estate agents from trusted brokerages including Century 21, Coldwell Banker, Compass, eXp Realty, Keller Williams, RE/MAX, and more.
real estate professionals
may call, text, or email you about your inquiry, which may be made with automated means (including SMS or text messages). You understand that your consent is not a prerequisite for buying, selling or renting a property. You may revoke your consent at any time by contacting optout@55places.com. Message/data rates may apply. You also agree to 55places.com’s Privacy Policy and Terms of Use.

$369,000

1056 Southern Hills Drive, Banning, CA

Meadow Ranch Community

  • 3 bed
  • |
  • 3 bath
  • |
  • 2320 SqFt
MLS CV23099287
Call Us: (800) 928-2055

Want to learn more about active adult communities around Grayslake, Illinois? We can help!...

See in Map List View

View the map to explore communities

Map Image of Grayslake
Remove Boundaries ×
Scroll to Top