Grand Reserve Algonquin

Algonquin, McHenry County, Illinois  ·  128 Homes  ·  55+ Active Adult Community

Overview

Newer single-family 55+ community completing buildout in Algonquin, McHenry County. Smaller community at 128 homes. Algonquin sits on the Kane/McHenry county border with access to both counties retail and amenity infrastructure. McHenry County effective rate of approximately 2.2%.

Illinois exempts all retirement income from state income tax — Social Security, pensions, IRA and 401(k) distributions. This advantage applies regardless of which county you live in. Combined with McHenry County's effective rate of approximately 2.2%, the true cost picture for Algonquin area buyers depends heavily on your home price and retirement income level.