The course was the scene of Woods’ first victory for over two years last December and three more PGA Tour wins this year have given him cause for optimism as he approaches his 37th birthday.
“There were quite a few people out there that said I would never win again," he said.
“Well starting at this event, I won four times so that's not too bad, but I still feel I have some of my best golf to play.
“In order to do that I had to be healthy and this year is heading in the right direction. I'm very excited about next year."
As for 23-year-old McIlroy, whose five victories in 2012 included his second major by a runaway eight-shot margin, Woods stated: "Rory is ranked number one - he deserves it.
“He's won tournaments all around the world. He's had high finishes on top of that and that's how you do it.
“He should be very proud of the season he's had and I'm sure he's excited about what next year holds for him as well."
On McIlroy's coming switch of clubs Woods added: "I think that any time you make a change in equipment it's certainly a big deal.
“I think it's about how you go at it. Going through the testing process, trying to get the right shaft and the clubhead, plus ball, is a challenge.
“There's a lot of hitting of golf balls or a lot of testing, a lot of days out there spending by yourself testing. But when you get it right it's pretty good.
“Over the course of my career I haven't put anything in my bag unless I knew it was already better, but that's just because of all the testing I've done prior to that.
“It's important what it does on the range, but what is it going to do on the back nine on Sunday?
“Is this equipment in general, is this going to help me win golf tournaments? If the answer is yes, then it's in the bag. If the answer is no, then it's not."
Poulter, the man the Americans wanted to keep quiet at the Ryder Cup and failed miserably, is back playing in the States this week for the first time since Europe's famous victory.
“I was a marked man at the Ryder Cup. They wanted to shut me up - that was plain and simple," Poulter said last week in Dubai.
“Everybody knew that and they couldn't do it."
The 36-year-old won all his four games at Medinah, including a match-winning fourball with McIlroy in which he birdied the final five holes.
McDowell, who became engaged last week, is back at the tournament where he beat Woods in a play-off two years ago just two months after his match-winning role at the Ryder Cup.
The Northern Irishman has not tasted solo success since then, however, and had a quieter time in Chicago, winning only one of four games.
Phil Mickelson is the only member of America's side not present.
Even the player finishing last earns over €107,000 while there is almost €930,000 for the winner.