Understanding the Financial Benefits of the Rental Model for Senior Living

Our Lady of Angels Village in Joliet is a rental-based senior living community, ensuring you only pay for the duration of your stay. There are no hefty buy-in payments or extended contracts so there’s no need to jeopardize your wealth or expose your family’s assets for residency. Your monthly rent and fees cover all the operational expenses for independent living services and amenities, allowing you to easily track your budget while enjoying a more carefree lifestyle.

As a not-for-profit organization, Our Lady of Angels Village is funded solely through the lease and service fees paid by our senior living community residents. The neighborhood’s ranch cottages are owned by the Sisters of St. Francis of Mary Immaculate, who oversee all ownership responsibilities and property maintenance.

Want more details on how you can finance independent living at Our Lady of Angels Village in Joliet? Call us at (815) 729-3793 or click here to schedule an appointment with a senior living consultant.