Oak Trace

Oak Trace is a Senior Living Community (CCRC) or otherwise known as a Life Plan Community nestled in the beautiful west suburb of Chicago, Downers Grove. Oak Trace offers many options for Independent Living including one-bedroom, two-bedroom, and three-bedroom apartment homes and cottage homes. Amenities include a large fitness center with a pool and hot tub, salon, wood shop, golf simulator, two restaurants, bar and lounge, and much more. Higher levels of care are also offered at the community.

Year Established

Type of Retirement Community

Name of Parent Organization

Lifespace Communities

Name of Management Company

Tax Status

Pets Allowed?

Pet Restrictions

Yes (35 lbs lbs limit)

Number of Independent Living Residences

351-375

Types of Residential Living Options Offered

Maximum Number of Bedrooms Offered

3

Maximum Number of Bathrooms Offered

5

Range of Floorplan Sizes

700 sq ft – 1800 sq ft

Basements/bonus rooms available with any residences?

No

Types of Residency Contracts Offered: learn

Equalized Rate Lifecare, Lifecare (Type A)

Refund Options (for entry fee contracts) : learn

50% Refund, Non-refundable

Range of Entry Fees- Single Occupancy

$158,000 – $1,456,000

Range of Entry Fees- Double Occupancy

$188,000 – $1,486,000

Range of Monthly Fees- Single Occupancy

$5,045 – $9,730

Range of Monthly Fees- Double Occupancy

$7,345 – $11,030

Types of Care Services

Number of Assisted Living/Personal Care Residences

Number of Memory Care Residences

Number of Semi-Private Skilled Nursing Residences

Number of Private Skilled Nursing Residences

Healthcare Center Licensing

CMS rating for Skilled Nursing Center (if Medicare Certified)

Can residents hire their own caregivers in independent living?

Nearest Hospitals (Within a 15-mile radius)

Nearest Colleges or Universities (Within a 15-mile radius)