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Cost-of-Living: Above the National Average

 

Illinois Retirement Communities

 

Grand Reserve

835 - 1026 Eineke Blvd

Algonquin, Illinois  60102

Active Adult Community Outside of Chicago Offers a Selection of Home Styles in Peaceful Riverside Town

This community has had some financial troubles.

          

 

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The Grand Reserve is located in Algonquin, Illinois, a pretty town situated roughly 50 miles northwest of Chicago.   The builder at Grand Reserve is Grant Pointe Homes, a well-known Chicago developer, and this is their first active adult (age-restricted) development.   This is a smaller community, with a total of 198 homes, all designed to be low-maintenance.

There are 84 town homes, 110 duplexes and 44 detached homes.  The town homes are four units to a building and have two stories.  Square footage ranges from 1,470 sq. ft. to 2,310 sq. ft., and each unit has one to two and a half baths, two bedrooms, a two-car garage and a flex room and/or a loft.  Stone detailing, 9-foot ceilings, decorative trim, columns, covered entries, sidelights and transom windows add to the distinctiveness of these residences.  

 

There are four duplex models.   The Oxford is a ranch with 1,575 sq. ft., two bedrooms, two baths, a U-shaped kitchen, a den and a two-car garage.  The Raleigh is a 1,613 sq. ft. ranch with two bedrooms, a den, a formal dining room and a 2-car garage. A fireplace, entertainment center, skylights and cathedral ceiling are optional in the great room while the covered patio can be upgraded to an optional screened-in porch.    The Quincy is a two-story residence with 2,029 sq. ft., two bedrooms, two and a half baths, a loft and a first floor laundry.   All come with sodded lawns, laminate countertops, oak cabinetry, vinyl siding and a private patio.  

 

The single-family homes come in six designs.  Square footage ranges from 1,725 to 2,059, and homes have one to two stories, two to three bedrooms, an attached 2-car garage, a great room, 9-foot ceilings, large walk-in closets, a laundry room and sodded lawns.  Exteriors are maintenance-free siding.  

Grand Reserve does not have any amenities in and of itself, but it is located within close proximity of six golf courses, including the Golf Club of Illinois, Terrace Hill Golf Course and Boulder Ridge Country Club, and abuts the lush 100-acre Ted Spella Park.  A walking path winds through the community and around the property's wetlands, connecting the single-family homes, manor homes, and duplexes.

Algonquin is nestled along the Fox River, has a pleasant hometown feel and is hilly and wooded.  The Old Town neighborhood is the original village and has older, established neighborhoods;  new developments and subdivisions to the west are popping up (this is where Grand Reserve is located) as Algonquin is experiencing growth.  It is a safe spot, with a crime rate well below the national average.

Summers are hot and humid; daily temperatures reach into the 90s F., and the area receives three to four inches of precipitation a month.  During the winter, temperatures dip into the teens and 20s F; seven to ten inches of snow per month are not unusual from December through March.


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