Independent living
The Oaks Dearborn Park Elderly
Independent living in Chicago, Illinois
| Provider details | |
|---|---|
| Address | 820 S Park Ter, Chicago, IL 60605 |
| City | Chicago |
| State | Illinois |
| Phone | 312-663-0664 |
| Age requirement | 62 and older |
| Age rule basis | HUD designates this property's client group as elderly, and HUD multifamily elderly housing eligibility is age 62 or older for the head of household. |
| Apartments | 190 |
| Housing program | HUD Section 8 project-based assistance |
| Income restricted | Yes |
Photos


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Photos from the provider's own website.
The Oaks is a senior living apartment community in the Printer's Row area of downtown Chicago, at 820 South Park Terrace. It is made for active seniors who are fully independent but want to live among their peers, with activities and chances to socialize. The site notes that apartments may not have openings or may have long waiting lists, and asks people to call for full details.
Who pays for independent living?
What this care costs, and who pays — Medicare, Medicaid, or the family — is covered in these guides:
- How to Pay for Independent Living: Rent, Income, and Rental Help
- What Senior Apartments Cost: Rent, Fees, and What the Monthly Payment Covers
Independent living guide · Paying for care
Common questions about The Oaks Dearborn Park Elderly
Where is The Oaks Dearborn Park Elderly located?
The Oaks Dearborn Park Elderly is at 820 S Park Ter, Chicago, IL 60605.
How do I contact The Oaks Dearborn Park Elderly?
Call The Oaks Dearborn Park Elderly at 312-663-0664.
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.