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

icon
Care Cost Calculator: See Prices in Your Area Care Cost Calculator: See Prices in Your Area icon
Overview of The Clare

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.

312-784-8100
Home Information TERRACES 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
50
Occupancy
94.0%
Total Bed Days Available
32850
Avg. Length of Stay
45 days
Avg. Residents per Day
46
Finance
Home Revenue
$35,554,792.00
Payroll Costs
$11,872,126.00
Profit
$-16,913,495.00
Total Home Costs
$43,951,396.00
Payroll % of Revenue Info Percentage of home revenue spent on payroll costs.
33.4%
House Specifics:
CCN
146141
Owner Name
THE CLARE PARTNERS LLC
Rural vs. Urban
Urban
County
Cook
Type of Control
Voluntary Nonprofit — Other
Operations
Total Admissions
362
Total Discharges
386
% Medicare Admissions
76%
% Private Pay Admissions
24%
% Medicare Discharges
75%
% Private Pay Discharges
25%
Quality Ratings
Overall Rating Info CMS 5-star rating based on health inspections, staffing, and quality measures.
5 / 5
Health Inspection Rating Info Rating based on deficiencies found during state health inspections.
4 / 5
Staffing Rating Info Rating based on nurse staffing hours per resident per day.
4 / 5
QM Rating Info Quality Measures rating based on clinical outcomes for residents.
5 / 5
Nurse Hours / Resident / Day Info Total nurse staffing hours per resident per day.
4.30 hrs
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
Walk Score
Walk Score: 100 / 100
Walker's paradise. Daily errands do not require a car, with many shops and services nearby.

What does this home offer?

Check icon

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

Check icon

Housing Options: 1 Bed / 2 Bed / 3 Bed

Check icon

Building Type: High-rise

Check icon

Dining Services

Check icon

Beauty Services

Check icon

Transportation Services

Check icon

Housekeeping Services

Check icon

Social and Recreational Activities

Check icon

Exercise Programs

Check icon

Wellness Programs

Check icon

Parking Available

Types of Care at The Clare

Independent Living Assisted Living Memory Care
Contact The Clare

Comparison Chart

The information below is reported by the Illinois Department of Public Health, Office of Health Care Regulation.
Compare Luxury Senior Living around Chicago
Atria on the Lake
AL

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

MC

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

Glen Ellyn
85
Yes
-
75
AOC GLEN ELLYN OPCO, LLC
-
-
-
-
-
-
-
-
-
-
1 Bed / 2 Bed / 3 Bed
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
60
Yes
A-
97
SZR LINCOLN PARK OPCO LC
-
-
-
-
-
-
-
-
-
-
1 Bed / 2 Bed / 3 Bed
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
-
No
-
100
THE CLARE PARTNERS LLC
94.0%
$35,554,792.00
$11,872,126.00
33.4%
45.70
5/5
4.3036
4/5
4/5
5/5
1 Bed / 2 Bed / 3 Bed
Belmont Village Senior Living 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.

Chicago
-
Yes
A
96
-
-
-
-
-
-
-
-
-
-
-
Studio / 1 Bed / 2 Bed
Belmont Village Senior Living 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.

Chicago
-
Yes
A
96
-
-
-
-
-
-
-
-
-
-
-
1 Bed / 2 Bed / 3 Bed
Tour Icon
Planning a tour? Check our touring checklist.
Chat Icon
Thinking of living here? We can help you speak to a current resident

Floor Plans

Places of interest near The Clare

Address 1.6 miles from city center

Address 55 E Pearson St, Chicago, IL 60611

Calculate Travel Distance to The Clare

Add your location

Address
Check out this article

Guides for Better Senior Living

From costs to care, explore the most important topics to make informed decisions about your future.

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).
Who we are

Your Senior Care Partner, Every Step of the Way

We help families find affordable senior communities and unlock same day discounts, Medicaid, and Medicare options tailored to your needs.

Contact us Today