Algonquin residents call this great city the gem of the Fox River Valley, and its no surprise why: the city is a gem amidst a picturesque landscape.

he Potawatomi Indians who inhabited the Algonquin area almost 200 years ago made camp about one mile up the river from where the present Fox River Bridge stands today. In 1834, Samuel Gillilan and family arrived from Virginia. Recognized as the first settlers, they farmed 245 acres north of Algonquin Cemetery on Route 31.

During the last half of the 20th century more people have come to reside in the village. An estimated 22,000 live here today, with expectations of reaching 30,000 people by the year 2005.

bout 95 percent of the homes here are single-family with the average sale price at $250,000. Homesites typically are spacious and a number of homes are set overlooking the river or a wooded area. Styles vary from cozy cottages to grand residences. Prices range from $100,000 to $500,000 and beyond. Property taxes are low and average home appreciation is about 6 percent.

Many of the homes listed for sale in Algonquin and Lake in the Hills feature finished basements, large lots, and something special, like in-ground pools, golf course views, and fireplaces.