I’ve been doing some research on private golf clubs, and Old Elm Club in Highland Park, Illinois, keeps coming up. It seems like a fantastic place, but one question keeps lingering in my mind: How much does it actually cost to become a member?
From what I’ve gathered, this club has a reputation for exclusivity, but it’s hard to find detailed information about the membership fees. Here are a few specific points I’m curious about:
Initiation Fees: What are the typical costs to get on board as a new member?
Annual Dues: Once you’re in, how much do you have to budget for yearly dues?
Additional Costs: Are there any other costs or hidden fees (for events, dining, etc.) that members typically encounter?
I understand that sometimes costs can vary depending on different factors like membership type and perhaps even the time of year you apply. If anyone is currently a member or has insights into this club, could you share your experiences or help with specifics? It would be great if you could provide a breakdown or even ballpark figures to look out for.
Thanks in advance for any help you can provide! It’s always helpful to hear from those with firsthand experience.
Oh, and if anyone has recommendations for similar clubs or golf facilities in the area, I’d love to hear those too!
Sure! There are three main tiers: Social, Associate, and Full memberships. The Social tier starts at $1,500 annually, while the Associate is around $3,000. Full membership can hit $5,000. Each tier has various benefits, like access to facilities and events!
Yes, they do have a family plan under the Associate tier, which provides a small discount. It’s a great way for families to enjoy the club together without breaking the bank!
Not to mention, the Full membership offers the most perks, including priority booking for events and access to premium facilities. It really depends on how often you’ll be there!
Absolutely! The Social membership is a perfect way to ease in. You can always upgrade later once you’re sure you’ll be using the facilities more frequently.
Joining the Old Elm Club involves an initial fee and annual dues. Typically, it averages around $1,500 annually plus a one-time joining fee, but you should verify these figures. It’s a good idea to budget for potential fee increases every few years as well.
That’s a significant commitment! Have you looked into the amenities and benefits included? That could sway your decision on whether the costs are justified.
I think it’s crucial to understand not just the immediate costs but also how they might change over time. I’ve seen clubs increase their fees annually, sometimes by 10% or more. Make sure you factor that into your long-term budgeting.
Don’t forget to consider hidden costs too! Things like event fees or food minimums can catch you off guard. Make sure you have a comprehensive view of total costs when budgeting.
I’ve been a member for a few years, and while the costs have increased, I find the community and benefits totally worth it. If you’re into networking and social events, it might be a great fit!
One thing I’m curious about is whether the club offers a payment plan for those initial fees. That could really assist with budgeting, especially if the total upfront cost is significant!