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Financial Options
We are committed to collaborating with you so you can select the floor plan and financial arrangement that best complements your lifestyle.
This overview of Montgomery Place’s great variety of apartments provides a helpful way to compare and decide what’s right for you. Then, your community life counselor will provide pricing, square footage and any other information about specific apartments for your consideration.
Plan your tour90% Refundable Entrance Fee Programs
With our entrance fee plan, you benefit from reduced monthly fees and lower rates for future care. If you permanently move to another level of care within Montgomery Place in Chicago, IL, you’ll receive a discount on your monthly rate for that level of care.
With our refundable entrance fee program, you—or your estate or beneficiaries—receive a designated percentage of your entrance fee when you leave Montgomery Place in Chicago, IL and your apartment is reoccupied.
This plan allows for:
Residents can pay an entrance fee that allows a reduced monthly fee while enjoying the services and amenities offered. This plan also provides the peace of mind of a lifetime discount on higher levels of future care.
One bedroom/one bathroom
Entrance Fee (90% Refundable)
$285,00 – $369,000
Monthly fee
$4,000
two bedroom/two bathroom
Entrance Fee (90% Refundable)
$315,000 – $450,000
Monthly fee
$5,000
three bedroom/two bathroom
Entrance Fee (90% Refundable)
$450,000 – $600,000
Monthly fee
$6,000
Non-Refundable Entrance Fee Program
$50,000 and $100,000 options
We are committed to collaborating with you so you can select the floor plan and financial arrangement that best complements your lifestyle.
One bedroom/one bathroom
Monthly fee
starting at $3,500
two bedroom/two bathroom
Monthly fee
starting at $4,500
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Care Assurance Fund And Other GiftsNon-profit since inception
Serving a diverse and inclusive urban community of older adults, gifts to the Care Assurance Fund, support our mission of never displacing a resident if their finances take an unforeseen turn. Gifts are an essential part of our ability to continue caring for the needs of our residents. When you give a gift to Montgomery Place, you show your support for this mission. In addition to the Care Assurance Fund, major gifts, planned giving, memorials and tribute gifts can support capital projects and other Montgomery Place programs. Contact us to learn the cost of senior living in Chicago, IL today!
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