Oak Brook, IL 55+ Active Adult Retirement Communities

3 Communities in Oak Brook

Overview 

Oak Brook is a village in DuPage County and Cook County, Illinois, in the western Chicagoland area. Oak Brook is a close-knit community with a high quality of living and plenty of local pride. 

Climate and Geography

The climate in Oak Brook—much like in the rest of Illinois—is humid continental, which is characterized by four distinct seasons with hot, humid summers and cold, snowy winters. Residents can expect an average amount of rainfall, higher-than-average snowfall, and approximately 188 sunny days throughout the year.

Northern Illinois is situated in the Interior Plains region of the U.S., which consists primarily of low-elevation prairies, grasslands, and wetlands that were shaped by ancient glacial activity. Oak Brook and the surrounding area is mostly residential, suburban neighborhoods interspersed with large parks and nature preserves. 

Recreation, Culture, & Entertainment 

Fun things to do in Oak Brook include Graue Mill & Museum, Mayslake Peabody Estate, Fullersburg Woods Nature Education Center, Martin Lawrence Gallery, Lizzadro Museum of Lapidary Art, Oakbrook Center, Willow Crest Golf Club, Pinstripes, and the First Folio Theater. There are many clubs and organizations in Oak Brook like a golf club, polo, bath and tennis club, and a park district.

Residents can enjoy outdoor recreation activities including hiking, biking, and bird watching at one of the nearby natural spaces such as Morton Arboretum or Bemis Woods.

Additionally, the village has easy access to the city of Chicago via car or the Metra train, providing opportunities for day trips or weekend getaways to enjoy everything the Windy City has to offer.

Cost of Living & Taxes

The cost of living in Oak Brook is higher than the state and national average. The primary reason for this is high housing and transportation costs, while other factors like health care and utilities are lower.

The effective income tax rate is 4.95 percent for single filers and 4.63 percent for joint filers. Retirement income like Social Security benefits are not taxed while other retirement income like railroad retirement benefits, qualified employee benefit plans, government retirement plans, military pensions and IRAs are also exempt. 

Health Care

Hospitals like high performing Amita Health Adventist Medical Center-Hinsdale is located only two miles away from Oak Brook in the village of Hinsdale. Other highly acclaimed hospitals recognized for their excellent service include Advocate Good Samaritan Hospital, Amita Health Adventist La Grange Medical Center, Elmhurst Hospital, Loyola University Medical Center, Loyola Medicine Gottlieb Memorial Hospital, Rush Oak Park Hospital, and Northwestern Medicine Central DuPage Hospital. 

Can you spot the $207,744 difference between these identical homes?

photo of homephoto of home
Financing is the difference!

Get the details in The 62+ Loan Homebuyer's Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.