Illinois has 55+ inventory in the Chicago suburbs, but it is also one of the top states people are leaving for retirement. High property taxes and a challenging fiscal outlook push many Illinois retirees toward Indiana, Arizona, and Florida. That said, for buyers who want to stay near Chicago, there are legitimate active adult options in the western and southern suburbs.
55+ Markets in Illinois
Chicago SuburbsComing Soon
Market research in progress.
Illinois Retirement Tax Snapshot
Illinois does not tax any retirement income — Social Security, pensions, and 401(k) withdrawals are all exempt. However, property taxes are among the highest in the nation, often exceeding 2.0% effective rate in the collar counties.
Have questions about retiring in Illinois? We can help you compare communities and understand the real costs.
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