Illinois is a little piece of heaven in the Midwest. Retirees can invest in their lifestyle when they make their home thanks to exciting urban hubs like Chicago and Peoria. With amazing cultures, thriving communities and an affordable cost of living, retirees can finally make their dream retirement a reality in Illinois.
Are you ready to get out of the office and into your newfound freedom? NewHomeSource found the top five cities to retire in Illinois, so you can start planning your new life in the perfect town and home.
Top 5 Cities to Retire in Illinois
Naperville, IL is a beautiful Chicago suburb that gives retirees a peaceful and private suburban environment, while still giving easy access to the vibrant city of Chicago.
In Naperville, you can take a deep breath and relax in a serene space. The Morton Arboretum has beautiful grounds, perfect for a springtime walk through the Daffodils. For great golf head over to Cantigny Park. Take the grandkids to Rocky Bardur, Troll Hunt and see who can spot the first troll!
Naperville is a fantastic city for people of all ages. Its amazing public schools make it a wonderful place for growing families and retirees that value living close to their loved ones and grandchildren. You don’t have to worry about Naperville feeling stogy though, Niche.com also gives Naperville’s nightlife an solid B+.
Are you ready to retire in style in Naperville? Find the perfect new retirement homes for sale in Naperville today!
There may be a Springfield in every state, but none of them are like Springfield, IL. This affordable city on the banks of Lake Springfield is one of the best Illinois cities for retirees looking to live an active and engaged life.
The historic home of Abraham Lincoln unsurprisingly has the Abraham Lincoln Presidential Library and Museum, a fantastic place to get a slice of the past. The Greek Revival Old State Capital is a beautiful place for architecture lovers to visit.
Springfield’s affordable cost of living makes it an obvious choice for retirees. The median home value in Springfield at $123,700, over $60,000 lower than the national median home value. Retirees can still invest in themselves without worrying about their budgets.
Find the perfect new home for sale in Springfield, IL today, so you can start taking steps to making your retirement a reality.
Peoria is a beautiful community, perfect for retirees that aren’t looking to slow down once they get finished up with the office.
Stay active and enjoy the great outdoors in Peoria at the Wildlife Prairie Park and at the Farmdale Reservoir. The Peoria Zoo has fun for all ages and a lion. Take the grandkids to a fun visit to the Caterpillar Visitors Center; we won’t judge you if you want to drive the forklift. The Par-A-Dice Hotel Casino is a fun way to spend the evening by the lake.
Peoria is an affordable city for retirees whether they are looking to rent or own their home. The median home value and the median rent in Peoria well below the national median home value and rent.
Stop dreaming about retirement and start planning for it. Find your new home in Peoria today, and get ready for your new life!
If you want to spend your retirement surrounded by amazing scenery, while still living in a thriving city, Rockford, IL is the perfect place for you to settle down.
Rock Cut State Park and the Rockford Park District make it easy for active adults to get outside and enjoy the sunshine. You can visit more curated outdoor spaces in the Anderson Japanese Gardens the Sinnissippi Gardens and the Klehm Arboretum & Botanic Garden. Museum lovers will never tire of the Midway Village Museum and the Burpee Museum of Natural History.
Retiring in Rockford gives you a great degree of financial flexibility. The median rent in Rockford is over $200 a month lower than the national median rent, allowing anyone on a fixed income savings and peace of mind.
Get your retirement off to the right start when you search for a beautiful and affordable new home for sale in Rockford, IL.
If you want to retire to an exciting urban hub, Chicago is a natural first choice. Chicago gives retires the best of lakefront living and a thriving metropolis.
Anyone planning on spending their retirement parked in their armchair, won’t like it Chicago’s exciting culture and an almost endless array of things to do. Navy Pier is a fun place to visit and serves up beautiful views of Lake Michigan. The Art Institute of Chicago houses some of the most amazing works of art from around the world. Even the most devoted shopaholic won’t get tired of the Magnificent Mile near the North Side.
Retiring in the Windy City doesn’t have to break your bank. The median rent in Chicago in line with the national median rent. Because Chicago has an affordable cost of living, retirees can live an exciting urban lifestyle without having to stress about your budget.
Start the newest chapter in your life in an iconic American city. Browse through the new retirement homes in Chicago, and find your new dream home.
Illinois’ cost of living is actually lower than the national cost of living, despite its slightly higher housing cost. Retirees looking to live comfortably need to have about $1.1 million dollars saved, similar to the rest of the country.
Illinois is a tax friendly state for retirees! Retiring in Illinois means that almost all your retirement income is tax exempt including social security benefits, pension income, and income from retirement saving accounts, including 401(k)s.
The Senior Citizens Real Estate Tax Deferral Program in Illinois means that anyone 65 or older can defer all or some of their real estate taxes and special assessments up to $5,000.
After graduating in 2016 from The University of Texas with a degree in English, Sanda Brown became a content writer for the BDX with a focus on website copy and content marketing.
At the BDX, Sanda helps write and edit articles on NewHomeSource.com, writes website copy for builders, and manages a team of freelancers that work on additional content needs.