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Briarwood Lakes

Oak Brook, DuPage County, Illinois  ·  199 Homes  ·  55+ Active Adult Community

True CostAll Chicago Metro Communities
199
Total Homes
~$700/mo
HOA (2024 est.)
~2.0%
DuPage Co. Effective Rate

Overview

Briarwood Lakes is one of the most exclusive 55+ condominium communities in the Chicago metro, situated in Oak Brook — a DuPage County enclave known for its corporate headquarters, Oakbrook Center mall, and luxury residential profile. HOA at approximately $700/month reflects the premium maintenance, amenities, and Oak Brook location premium. DuPage County effective rate of approximately 2.0% is the lowest in the Chicago metro. Buyers at Briarwood Lakes are primarily trading liquidity for convenience — the Oak Brook location puts Northwestern Medicine Delnor, the Route 83 corridor, and Oakbrook Center within minutes.

Illinois exempts all retirement income from state income tax. The income tax advantage combined with DuPage County's effective property tax rate of approximately 2.0% shapes the total cost calculation for Oak Brook buyers. See the true cost page for the full 10-year projection.

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