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Independent living

Cottage View Terrace Apartment

Independent living in Chicago, Illinois

Checked November 2, 2026

Provider details
Address4829 S Cottage Grove Ave, Chicago, IL 60615
CityChicago
StateIllinois
Phone(773)373-0370
Websitehttps://www.upholdings.net/cvt
Age requirement62 and older
Age rule basisHUD designates this property's client group as elderly, and HUD multifamily elderly housing eligibility is age 62 or older for the head of household.
Apartments97
Housing programHUD elderly-designated multifamily housing
Income restrictedNo

Cottage View Terrace in Chicago offers one- and two-bedroom apartments for seniors 55 years and older, with 97 homes in all. Residents have an on-site community health center, a community room, a laundry facility, and on-site parking, and heat is included in the rent. Apartments have private balconies, air conditioning, and modern kitchens and bathrooms, and the building is accessible to a CTA bus line and the Metra train.

More about this provider

UPholdings describes Cottage View Terrace as 97 units (84 one-bedroom, 13 two-bedroom), completed 2001, with private balconies, laundry, community room, on-site maintenance and parking, air-conditioned units, heat included, and an on-site community health center. Financing partners listed: 4% LIHTC - City of Chicago, HUD Tax-exempt Bond Financing, Illinois Housing Development Authority, Midland Loan Services.
Services and programsOn-site community health center administered by Near North Health Service Corporation; private balconies, laundry facility, community room, on-site maintenance, air-conditioned units with modern kitchens and bathrooms, on-site parking, heat included in rent
Who it servesSeniors 55 years and older; one- and two-bedroom apartments designated for seniors
Visiting and contact details4801-59 S. Cottage Grove, Chicago, IL 60615; Phone: (872) 263-2362; accessible to a CTA bus line and the Metra train; button on page to notify a Property Manager of interest
Websitehttps://www.upholdings.net/cvt

Who pays for independent living?

What this care costs, and who pays — Medicare, Medicaid, or the family — is covered in these guides:

Independent living guide · Paying for care

Common questions about Cottage View Terrace Apartment

Where is Cottage View Terrace Apartment located?

Cottage View Terrace Apartment is at 4829 S Cottage Grove Ave, Chicago, IL 60615.

How do I contact Cottage View Terrace Apartment?

Call Cottage View Terrace Apartment at (773)373-0370.

How much does independent living cost?

There is no single price for independent living. Rent is set by each community and varies a lot by city. The cost survey this site uses does not publish a national median for independent living, so we do not print one. Medicare does not pay for it, so families pay the rent out of pocket. See our guide to independent living costs and who pays for the full picture.

Does Medicare pay for independent living?

No. Medicare does not pay rent or housing costs. It pays for your medical care while you live there, like doctor visits, hospital care, and home health visits. The housing itself is paid out of pocket.

What is the difference between independent living and assisted living?

Independent living is housing for older adults who can live on their own. It gives a private home, meals in some places, and social activities. It does not include help with daily tasks. Assisted living adds that help. Staff help with bathing, dressing, and medicine, and staff are on hand day and night.

Who else pays for independent living besides Medicare?

Families pay the rent out of pocket. No insurance pays for independent living rent. Low-income senior apartments funded by HUD keep rent lower for people who qualify. Some veterans put VA pension payments toward the rent.

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