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Independent living

Ravenswood Senior Living ILF

Independent living in Chicago, Illinois

Checked November 2, 2026

Provider details
Address4515 N Winchester Ave, Chicago, IL 60640
CityChicago
StateIllinois
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.
Apartments74
Housing programHUD elderly-designated multifamily housing
Income restrictedNo

Photos

Ravenswood Senior Living ILFRavenswood Senior Living ILF

Photos from the provider's own website.

Ravenswood Senior Living in Chicago offers independent living and supportive living for low-income seniors in a single location, so residents can age in place as their needs change. The independent living apartments are all one-bedroom, for individuals or couples aged 62 and over with incomes at or below 60% of the Area Median Income. Residents have a large community room, lounges on each floor, exercise facilities, an outdoor terrace, off-street parking, and on-site laundry in an elevator building with accessible units.

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 Ravenswood Senior Living ILF

Where is Ravenswood Senior Living ILF located?

Ravenswood Senior Living ILF is at 4515 N Winchester Ave, Chicago, IL 60640.

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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