What Does It Cost?

Residents enter into a Lifecare contract with The Admiral at the Lake by paying a one-time Entrance Fee and an ongoing Monthly Service Fee that covers a residence, services and amenities, and a comprehensive package of health care services for life.

The Admiral at the Lake offers a choice of agreements, which include 90%, 50%, and 0% refundable plans, depending on apartment type. All of these plans include the right to occupancy of an apartment as long as a resident can live safely in an independent setting, and access Lifecare. Lifecare includes priority access to our on-site long-term healthcare services, which comprises Assisted Living, Memory Support, and Skilled Nursing. Visit our Lifecare page to learn more about Lifecare.

There are two fees associated with residency at The Admiral at the Lake: the Entrance Fee, and the Monthly Service Fee.

Entrance Fee

The Entrance Fee is based on the size and location of the apartment. We offer three options – 90% refund, 50% refund and 0%. This means that when a resident leaves The Admiral at the Lake, the refund is based on the Entrance Fee paid, and a percentage is returned to them or to their estate.

Monthly Service Fee

The Monthly Service Fee covers services and amenities such as apartment choice with fully equipped kitchen, washer/dryer, basic utilities, security and maintenance, fitness center and exercise classes, indoor heated pool, local transportation, housekeeping and linen service and a daily meal plan.

All Residents are required to maintain, at their expense, medical and prescription insurances, as well as Medicare A&B or equivalent coverage.

Pricing for 90% Refundable Plans

The 90% Refundable plan is the most common plan offered on apartments at The Admiral at the Lake. For 50% and 0% pricing, please call us at 773-433-1801.

One Bedroom Apartments

Sq. Footage Range Unit Types Bedroom/Bath Entrance Fee Range* Monthly Service Fee Range*
745-850 Sq. Ft. Dearborn, Lake Shore, Sullivan 1 Br, 1 Ba $460,410-640,763 $3,012-3,685
851-940 Sq. Ft. Belmont, Fullerton, Wrigley, Michigan, Field, Burnham 1 Br, 1 Ba $386,868-693,911 $2,950-3,778
941-1,024 Sq. Ft. Palmer, Lincoln Park 1 Br, 1 Ba $563,204-685,156 $3,789-4,409
1,077 Sq. Ft. Sandburg 1 Br, 1 Ba +Den $729,961-827,914 $4,461

Two Bedroom Apartments

Sq. Footage Range Unit Types Bedroom/Bath Entrance Fee Range* Monthly Service Fee Range*
1,061-1,200 Sq. Ft. LaSalle, Joliet, Marquette, Wacker, McCormick 2 Br, 2 Ba $589,984-904,752 $3,447-5,132
1,201-1,300 Sq. Ft. NW Shedd, NE Shedd, Goodman, Swift, Kinzie, Armour 2 Br, Ba $675,989-931,326 $4,606-5,330
1,301-1,525 Sq. Ft. Pullman, Sheridan, Douglas Park, Grant Park, Ogden, Ryerson 2 Br, 2 Ba $682,375-917,524 $4,740-6,065
1,546-2,435 Sq. Ft. Edgewater, Millennium Park, Allerton, Ogden, Addams 2+ Br, 2+ Ba
$875,500-1,682,196 $5,310-7,678

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