The Clare

55 E Pearson St, Chicago, IL 60611 View Map
The Clare is a Luxury Senior Living Home in Illinois The Clare is a Luxury Senior Living Home in Illinois
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Description

Seeking luxury senior living near me that offers service and stunning views? The Clare, a premier Gold Coast retirement community in Chicago, caters to your unique lifestyle.

Indulge in spacious residences with modern finishes, savor chef-prepared meals in elegant dining venues, and explore a wealth of amenities designed to pamper you. The Clare prioritizes resident well-being with 24-hour security, on-site concierge services, and a full-time exercise physiologist. This vibrant community offers flexible dining options, social activities, and on-site healthcare services for added peace of mind.

Home Information TERRACE AT THE CLARE
  • This nursing home maintains occupancy well above most state peers, signaling sustained demand. The property runs a smaller bed inventory than most peers, focusing on a more intimate census. Residents generally stay for shorter periods than state peers, pointing to quicker turnover.

  • Home revenue ranks in the upper tier statewide, reflecting strong billing volume. Payroll spending sits in the top tier, showing a strong investment in staffing resources. Total income trails most communities, suggesting tighter operating margins.

  • Medicare nights lag behind other facilities, revealing limited Medicare demand. Medicaid nights sit above most state facilities, underscoring deep Title XIX coverage. Private pay nights lead the state, showing strong demand from market-rate residents.

Occupancy
Beds
90
Occupancy
94.0%
Total Bed Days Available
32850
Avg. Length of Stay
45 days
Finance
Home Revenue
$35,554,792.00
Payroll Costs
$11,872,126.00
Total Income
$-16,913,495.00
House Specifics:
CCN
146141
Owner Name
THE CLARE PARTNERS LLC
Rural vs. Urban
Urban
Operations
Total Admissions
362
Total Discharges
386
Medicaid, Medicare & Private
Medicare Nights Info Number of resident nights paid by Medicare for short-term or rehab care.
6236
Medicaid Nights Info Resident nights covered by Medicaid for long-term care or support services.
6236
Free Market Nights Info Nights paid privately by residents or families, without Medicare/Medicaid coverage.
24237

Inspection & Compliance

    What does this home offer?

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    Room Sizes: 774 - 1183 / 1209 - 1387 / 1709 sq. ft.

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    Housing Options: 1 Bed / 2 Bed / 3 Bed

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    Building Type: High-rise

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    Dining Services

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    Beauty Services

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    Transportation Services

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    Housekeeping Services

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    Social and Recreational Activities

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    Exercise Programs

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    Wellness Programs

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    Parking Available

    Walk Score rating icon

    Walk Score: 100

    Most daily errands can be accomplished on foot. The area offers easy access to parks, shops, and community spaces within a short walking distance.

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    Types of Care at The Clare

    Independent Living Assisted Living Memory Care
    Contact The Clare

    Floor Plans

    Places of interest near The Clare

    Address 1.6 miles from city center

    Address 55 E Pearson St, Chicago, IL 60611

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    Comparison Chart

    Compare Luxury Senior Living around Chicago
    Community
    Type of Care
    Location
    Bed Options
    Bed #
    Pets Allowed
    Home Owner
    CCN
    Occupancy
    Home Revenue
    The Clare
    AL

    For seniors needing help with daily tasks but not full-time nursing.

    IL

    For self-sufficient seniors seeking community and minimal assistance.

    MC

    Specialized care for those with Memory Loss, Alzheimer’s, or dementia, ensuring safety and support.

    Chicago
    1 Bed / 2 Bed / 3 Bed
    90
    No
    THE CLARE PARTNERS LLC
    146141
    94.0%
    $35,554,792.00
    Sunrise of Lincoln Park
    AL

    For seniors needing help with daily tasks but not full-time nursing.

    IL

    For self-sufficient seniors seeking community and minimal assistance.

    MC

    Specialized care for those with Memory Loss, Alzheimer’s, or dementia, ensuring safety and support.

    SNF

    24/7 care needed

    Chicago
    1 Bed / 2 Bed / 3 Bed
    N/A
    Yes
    N/A
    N/A
    N/A
    N/A

    Claim What’s Yours: Financial Aid for Illinois Seniors

    Program
    State Program Name
    Eligibility
    Benefits
    Community Care Program
    • General: Age 60+, Illinois resident, at risk of nursing home placement.
    • Income Limits (2025): ~$1,215/month (individual).
    • Asset Limits: $17,500 (individual, excludes home, car).
    • IL Specifics: High demand in urban areas; waitlists possible.
    • Services: In-home care (3-5 hours/day), adult day services ($65/day), emergency home response systems ($30/month).
    Illinois Respite Program
    IL Respite (via NFCSP)
    • General: Caregiver of someone 60+ (or with dementia), Illinois resident.
    • Income Limits: No strict limit; prioritizes low-income.
    • Asset Limits: Not applicable.
    • IL Specifics: Limited slots; urban/rural balance.
    • Services: In-home respite (4-6 hours/day), adult day care (~$65/day), short-term facility care (up to 5 days).
    Supportive Living Program (SLP)
    Illinois Medicaid Supportive Living Program
    Official government program page
    • General: Age 65+ or 22-64 with disability, Illinois resident, Medicaid-eligible, needs moderate assistance (not nursing home-level).
    • Income Limits (2025): ~$2,829/month (300% FBR, individual); QIT allowed.
    • Asset Limits: $2,000 (individual), $3,000 (couple) (excludes home, car).
    • IL Specifics: ~200 SLP sites statewide; room/board not covered.
    • Services: Personal care (5-7 hours/day, e.g., bathing, mobility), meals, housekeeping, medication management, respite (~240 hours/year).
    Persons Who Are Elderly Waiver
    Illinois Medicaid Elderly Waiver
    Official government program page
    • General: Age 65+, Illinois resident, Medicaid-eligible, nursing home-level care need.
    • Income Limits (2025): ~$2,829/month (300% FBR, individual).
    • Asset Limits: $2,000 (individual), $3,000 (couple).
    • IL Specifics: Part of HealthChoice Illinois; consumer-directed options available.
    • Services: Personal care (5-7 hours/day, e.g., dressing, eating), homemaker, adult day care (~$60/day), respite (240 hours/year), home mods ($1,000 avg.).
    Medicare Savings Program (MSP)
    Illinois Medicare Savings Program
    • General: Age 65+ or disabled, Illinois resident, Medicare Part A/B.
    • Income Limits (2025): ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
    • Asset Limits: $9,430 (individual), $14,130 (couple).
    • IL Specifics: Three tiers; no waitlist.
    • Services: Covers Part B premiums ($174.70/month), deductibles ($240/year), copays (~20%).
    Senior Community Service Employment Program (SCSEP)
    • General: Age 55+, unemployed, low-income, Illinois resident.
    • Income Limits (2025): ~$1,983/month (125% FPL).
    • Asset Limits: Not specified; income-focused.
    • IL Specifics: Priority for veterans, rural residents.
    • Services: Paid training (~20 hours/week at ~$7.25/hour), job placement.
    Optional State Supplementation (OSS)
    Illinois Optional State Supplementation
    • General: Age 65+ or disabled, Illinois resident, in approved facility, SSI recipient or low-income.
    • Income Limits (2025): ~$1,004/month (including SSI).
    • Asset Limits: $2,000 (individual), $3,000 (couple).
    • IL Specifics: ~$50-$500/month based on facility type.
    • Services: Cash (~$50-$500/month) for room/board in personal care homes or SLFs.
    VA Aid and Attendance (A&A) and Housebound Benefits
    Illinois VA Aid and Attendance/Housebound
    • General: Age 65+ or disabled veteran/spouse, Illinois resident, wartime service, need for ADL help (A&A) or homebound.
    • Income Limits (2025): Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
    • Asset Limits: ~$155,356 (net worth limit).
    • IL Specifics: High veteran demand in urban/rural areas.
    • Services: Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living).

    Claim What’s Yours Financial Aid for Illinois Seniors

    Illinois CCP

    Community Care Program

    Requirements:
    • General:
      Age 60+, Illinois resident, at risk of nursing home placement.
    • Income Limits (2025):
      ~$1,215/month (individual).
    • Asset Limits:
      $17,500 (individual, excludes home, car).
    • IL Specifics:
      High demand in urban areas; waitlists possible.
    Benefits without Contact:
    • Services: In-home care (3-5 hours/day), adult day services ($65/day), emergency home response systems ($30/month).
    IL Respite (via NFCSP)

    Illinois Respite Program

    Requirements:
    • General:
      Caregiver of someone 60+ (or with dementia), Illinois resident.
    • Income Limits:
      No strict limit; prioritizes low-income.
    • Asset Limits:
      Not applicable.
    • IL Specifics:
      Limited slots; urban/rural balance.
    Benefits without Contact:
    • Services: In-home respite (4-6 hours/day), adult day care (~$65/day), short-term facility care (up to 5 days).
    Illinois Medicaid Supportive Living Program

    Supportive Living Program (SLP)

    Requirements:
    • General:
      Age 65+ or 22-64 with disability, Illinois resident, Medicaid-eligible, needs moderate assistance (not nursing home-level).
    • Income Limits (2025):
      ~$2,829/month (300% FBR, individual); QIT allowed.
    • Asset Limits:
      $2,000 (individual), $3,000 (couple) (excludes home, car).
    • IL Specifics:
      ~200 SLP sites statewide; room/board not covered.
    Benefits without Contact:
    • Services: Personal care (5-7 hours/day, e.g., bathing, mobility), meals, housekeeping, medication management, respite (~240 hours/year).
    Illinois Medicaid Elderly Waiver

    Persons Who Are Elderly Waiver

    Requirements:
    • General:
      Age 65+, Illinois resident, Medicaid-eligible, nursing home-level care need.
    • Income Limits (2025):
      ~$2,829/month (300% FBR, individual).
    • Asset Limits:
      $2,000 (individual), $3,000 (couple).
    • IL Specifics:
      Part of HealthChoice Illinois; consumer-directed options available.
    Benefits without Contact:
    • Services: Personal care (5-7 hours/day, e.g., dressing, eating), homemaker, adult day care (~$60/day), respite (240 hours/year), home mods ($1,000 avg.).
    Illinois Medicare Savings Program

    Medicare Savings Program (MSP)

    Requirements:
    • General:
      Age 65+ or disabled, Illinois resident, Medicare Part A/B.
    • Income Limits (2025):
      ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
    • Asset Limits:
      $9,430 (individual), $14,130 (couple).
    • IL Specifics:
      Three tiers; no waitlist.
    Benefits without Contact:
    • Services: Covers Part B premiums ($174.70/month), deductibles ($240/year), copays (~20%).
    Illinois SCSEP

    Senior Community Service Employment Program (SCSEP)

    Requirements:
    • General:
      Age 55+, unemployed, low-income, Illinois resident.
    • Income Limits (2025):
      ~$1,983/month (125% FPL).
    • Asset Limits:
      Not specified; income-focused.
    • IL Specifics:
      Priority for veterans, rural residents.
    Benefits without Contact:
    • Services: Paid training (~20 hours/week at ~$7.25/hour), job placement.
    Illinois Optional State Supplementation

    Optional State Supplementation (OSS)

    Requirements:
    • General:
      Age 65+ or disabled, Illinois resident, in approved facility, SSI recipient or low-income.
    • Income Limits (2025):
      ~$1,004/month (including SSI).
    • Asset Limits:
      $2,000 (individual), $3,000 (couple).
    • IL Specifics:
      ~$50-$500/month based on facility type.
    Benefits without Contact:
    • Services: Cash (~$50-$500/month) for room/board in personal care homes or SLFs.
    Illinois VA Aid and Attendance/Housebound

    VA Aid and Attendance (A&A) and Housebound Benefits

    Requirements:
    • General:
      Age 65+ or disabled veteran/spouse, Illinois resident, wartime service, need for ADL help (A&A) or homebound.
    • Income Limits (2025):
      Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
    • Asset Limits:
      ~$155,356 (net worth limit).
    • IL Specifics:
      High veteran demand in urban/rural areas.
    Benefits without Contact:
    • Services: Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living).
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