Oak Park Arms

Name

Oak Park Arms

Legal name

Oak Park Arms

Website

https://oakparkarms.com

Company type

Private

Founded year

1922

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Senior Independent Living / Retirement Community

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Market-Rate Independent Living (Private Pay) Communities (HLADAAAA)

akta.pro secondary industries

Luxury/Resort-Style Independent Living Communities (HLADAAAC), Social Adult Day Care (Non-Medical Supervision & Activities) (HSABANAA), Senior Social Clubs & Community-Based Day Programs (Non-Clinical) (HSABANAK), Active Adult / Senior Community Association Management (BPAJAHAJ)

Keywords

• Senior independent living
• Retirement community rental
• Short-term respite stays
• Adult day care program
• Senior living services

Headquarters

HQ city

Oak Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Monthly Apartment Rental: The primary revenue stream is monthly rental from independent living apartments. Residents pay rent starting at approximately $2,000 per month with no entrance fee required. Rent includes utilities, housekeeping, transportation, and access to community activities.
2. Restaurant Dining (Optional): Optional meal plan and ala carte dining at the Georgian Room Restaurant. Residents are not required to purchase a meal plan. Meals are prepared by a chef and offered with more than 40 choices for breakfast, lunch, and dinner. This provides ancillary per-transaction revenue.
3. Short-Term / Respite Stays: Furnished apartments available for weekend, weekly, or monthly stays at adjusted rates. Revenue from short-term stays supplements the base rental income.
4. Licensed Home Care Agency Services: Onsite licensed home care agency provides support services for seniors requiring additional care. Services include wellness checks, medication assistance, and personal care — generating service fee revenue separate from rent.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Oak Park Arms is a rental retirement community providing independent living apartments (studios to two-bedrooms, 275–1,600 sq. ft.) for seniors aged 62+, with no entrance fee and monthly rent starting at approximately $2,000 that includes utilities, housekeeping, transportation, and access to 200+ monthly activities. The community also offers short-term respite stays, an on-site Adult Day Care Program, full-service Georgian Room restaurant dining, Academy for Seniors educational programming, fitness classes, and the unique Kindness Creators Intergenerational Preschool housed within the same building.

Product overview

Oak Park Arms is a rental retirement community offering a portfolio of senior living services. The core offerings consist of Senior Independent Living (apartments from studios to two-bedrooms with no entrance fee) and Short-Term Stays (furnished respite apartments). These are supplemented by on-site support services including an award-winning Adult Day Care Program, full-service Georgian Room Restaurant Dining, Academy for Seniors educational programming, and complimentary Transportation Services. The community also features a unique Kindness Creators Intergenerational Preschool co-located on-site, Fitness and Exercise Classes, and extensive Activities and Events programming. All services are designed to support maintenance-free, socially engaged senior living.

Differentiator

Problem solved

Functional benefit

Products and services

• Senior Independent Living Rental retirement living for seniors who want maintenance-free, independent lifestyles in apartments ranging from Deluxe Studios (275 sq. ft.) to Deluxe Two-Bedrooms (1,600 sq. ft.), with amenities including housekeeping, transportation, utilities, and social activities. No entrance fee; monthly rent starts at approximately $2,000.
• Short-Term Stays Temporary furnished apartment rentals for weekends, weeks, or months, allowing seniors to sample community living, accommodate caregiver respite, or support post-hospitalization recovery.
• Adult Day Care Program Award-winning daytime care program for community seniors (non-residents) providing supervised activities, meals, and social engagement in a group setting. Recognized with the 2018 Adult Day Care Community Service Award from the Aging in Place Commission, Village of Oak Park.
• Georgian Room Restaurant Dining Full-service on-site restaurant offering chef-prepared meals with more than 40 menu choices for breakfast, lunch, and dinner with table service and daily specials. Meal plan is optional (not required); residents may also purchase ala carte.
• Kindness Creators Intergenerational Preschool On-site private preschool for children aged 3–5 housed within the Oak Park Arms building, allowing senior residents to volunteer and participate in intergenerational activities with young children. Oak Park Arms is described as the only retirement community with both an adult day care and a preschool under one roof.

Quantifiable outcome

• 45+ years operating as a senior living community
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor and core.

• Cook County Sheriff's OfficeminorStrategic or Co-development Partner · 5 March 2025Oak Park Arms partnered with Cook County Sheriff's Office to host a free Senior Self-Defense and Safety class on March 5. Instructors from the Cook County Sheriff's Police Training Academy led the session on carjacking, home invasion, street robbery, and violence prevention.
• Kindness Creators Intergenerational PreschoolcoreStrategic or Co-development Partner · 29 August 2019A private intergenerational preschool for children aged 3–5 housed within the Oak Park Arms building. Opened August 29, 2019. Seniors volunteer at the preschool and interact with children during organized activities. This is a unique differentiator — OPA is the only retirement community with both an adult day care AND a preschool under one roof. Co-founded by Jaime Moran and Pam Lawrence. Featured on CBS Saturday Morning, Chicago Tribune, and Wednesday Journal.
• Timbers of Shorewood Retirement CommunityminorStrategic or Co-development PartnerSister community to Oak Park Arms, located in Shorewood, IL. Both are operated by the same two founding partners. The Timbers of Shorewood and OPA share operational practices and programming, including staff volunteer programs (Folkloric Dancers from Timbers performed at OPA's Senior Prom).
• The Kenwood Retirement CommunityminorStrategic or Co-development PartnerSister community to Oak Park Arms, located in Minneapolis, MN. Part of the network of senior living communities founded and operated by the same two veterans who founded OPA.
• Oak Park Township Senior ServicesminorStrategic or Co-development PartnerOak Park Arms shares space with Oak Park Township Senior Services, a local government-affiliated senior services organization providing additional resources and programming for senior residents.
• Lifelong Learning Center (Local Senior Center)minorStrategic or Co-development PartnerThe Lifelong Learning Center (Oak Park's local senior center) shares space within the Oak Park Arms building, providing educational programming and community resources for seniors.
• Seals & Steingard Home Care ServicescoreImplementation/ SI/ Consulting PartnerA licensed home care agency providing on-site support services for seniors at Oak Park Arms. Staffed by Danielle Seals and Renee Steingard (also OPA's Director of Leasing). Services include wellness checks, medication assistance, personal care, and care management — increasing as residents' needs grow. Multiple reviews specifically cite this agency as a key benefit of living at OPA.
• Interim HealthcareminorImplementation/ SI/ Consulting PartnerA home health care provider delivering medical monitoring and therapies directly within residents' units at Oak Park Arms. Referenced in reviews as an affiliated agency available to residents as their care needs increase.
• Premesh Malapati, M.D. (Internal Medicine)minorImplementation/ SI/ Consulting PartnerDr. Premesh Malapati provides on-site internal medicine care for seniors at Oak Park Arms. His office is open Friday mornings (9 a.m. to Noon). He has 26+ years of experience in geriatric care and is affiliated with Rush Oak Park Hospital, West Suburban Medical Center, Gottlieb Hospital, and MacNeal Hospital.
• 10+ Senior-Centered Care ProvidersminorOthersOak Park Arms provides office space for more than 10 other providers of senior-centered care services operating within the building, offering residents convenient access to a wide range of support services.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Atria Senior Living: Major operator of independent living, assisted living, and memory care communities across the U.S., emphasizing amenity-rich environments, restaurant dining, and engagement programming — comparable positioning to OPA at much larger scale.
• The Arbor Company: Operator of independent living, assisted living, and memory care communities in the eastern and southeastern U.S., emphasizing amenity-rich environments and resident engagement programming similar to OPA's positioning.
• Brookdale Senior Living: Largest U.S. senior living operator offering independent living, assisted living, memory care, and continuing care across 600+ communities. Overlaps with OPA on independent living and on-site amenities but operates at vastly greater scale across many states.
• Five Star Senior Living: Operator of independent living, assisted living, and memory care communities across the U.S., serving a similar middle-market senior demographic with comparable amenities, dining, and programming.
• Sunrise Senior Living: Established U.S. and U.K. operator of assisted living and independent living communities with strong programming, dining, and care-service offerings. Comparable resident profile and amenity model, but Sunrise is significantly larger and more clinically oriented.
• Watermark Retirement Communities: Mid-sized operator of independent living, assisted living, and memory care communities nationwide with emphasis on programming and resident engagement. Comparable mid-market positioning with similar amenity-rich approach.

Direct peers

• Belmont Village Senior Living: Multi-state operator specializing in independent living, assisted living, and memory care communities with on-site amenities, restaurant dining, and rich activity programming. Comparable to OPA in resident profile, amenity-heavy positioning, and urban/suburban footprint.
• Holiday Retirement: Large operator of independent senior living rental communities with no entrance fees, full-service dining, transportation, and heavy activity programming. Closest scaled operator to OPA's rental-only, no-fee model serving independent seniors.
• The Kenwood Retirement Community: Sister community to Oak Park Arms located in Minneapolis, MN, part of the same founder-operated network of independent living rental retirement communities. Same ownership philosophy, similar no-entrance-fee model, and shared operational practices make it directly comparable.
• The Timbers of Shorewood Retirement Community: Sister community to Oak Park Arms located in Shorewood, IL, founded and operated by the same two military-veteran owners. Operates the same independent living rental model with similar programming, staff cross-collaboration, and intergenerational events — making it the closest operational and philosophical peer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/oakparkarms
• YouTubeyoutube.com/user/oakparkarms
• Facebookfacebook.com/OakParkArms
• LinkedInlinkedin.com/company/oak-park-arms

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oak Park Arms