Chatham Grove, Aurora — True Cost of Ownership

Kane County | Aurora | 96 homes | 55+ | Homes $200K–$330K | HOA ~$175/mo

Chatham Grove is a smaller 55+ community in Aurora — 96 homes, Kane County, and a $175/mo HOA that undercuts the larger Aurora-area 55+ communities by $50–$75/mo. The same Kane County effective tax rate of ~2.4% applies as at Carillon at Stonegate and Stonegate West. The practical difference between Chatham Grove and those larger neighbors is scale and the resulting social trade-off: at 96 homes you get a more intimate community and a lower HOA, but a smaller pool of organized activities and neighbors.

96 homes vs. 336 at Carillon at Stonegate — the decision framework: Both are Aurora, Kane County, similar tax rates. Chatham Grove saves roughly $50–$75/mo in HOA. In return, Carillon at Stonegate offers gated entry, a more established social calendar, and the name-brand recognition that supports resale. The $600–$900/year HOA savings at Chatham Grove is real but not transformative. The choice comes down to scale preference and whether the gated, branded community character at Carillon is worth the premium to you.

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Monthly Cost Breakdown

Cost ItemEst. Monthly (Low)Est. Monthly (High)Notes
HOA fee$165$185Common areas and amenities
Property tax$400$660Kane ~2.4%; on $200K–$330K homes
Lawn care$60$105Owner responsibility
Homeowners insurance$95$145Full structure coverage
Utilities$165$245Not in HOA
Total monthly (excl. mortgage)~$885~$1,340

Kane County Tax by Home Value

Purchase PriceAnnual Tax Est.Monthly
$200,000$4,800$400
$245,000$5,880$490
$290,000$6,960$580
$330,000$7,920$660
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10-Year Projection — $255K Home

Cost Item10-Year Estimate
HOA fees (3% annual increase from $175/mo)~$24,300
Property tax (~$6,120/yr)~$63,600
Lawn care (~$80/mo)~$9,600
Insurance (~$118/mo)~$14,200
Utilities (~$202/mo)~$24,200
Total non-mortgage cost (10 yr)~$135,900

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