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School Information: Gilberts, Lake in the Hills and Pingree Grove Illinois home buying, real estate listings, and homes for sale in McHenry County, IL

Welcome > Local Info > School Information ...

Parents Love Lake in the Hills Area Schools

When trying to decide where to relocate, the quality of an area's school system is often a deciding factor for families. Parents in Lake in the Hills are very pleased with schools in Districts 300 , 158 , 155 & 47. (Due to the way school district boundaries are drawn in this area, Lake in the Hills children can be under the jurisdiction of the LITH District 300 or they may be served by Huntley District 158 and Crystal Lake Districts 47 & 155.) Please contact the administration or check out these schools via these websites for more information.

School Contact Information:

Chesak Elementary (Lake in the Hills)
Phone: 847-659-5700
Principal: Janean Hansel (PK-2)
Principal: Rhonda Maciejewski (3-4)

Glacier Ridge Elementary (Crystal Lake)
Phone: 815-477-5518
Principal: Pat Bloomquist

Westfield Community School (Elementary & Middle?Algonquin)
Phone: 847-458-2193 (Elementary)
Phone: 847-458-1900 (Middle)
Principal: Russell Ballard

North Middle School (Crystal Lake)
Phone: 815-459-9210
Principal: Dennis Rasmussen

Crystal Lake South High School
Phone: 815-455-3860
Principal: Lawrence D. O'Meara

H.D. Jacobs High School (Algonquin)
Phone: 847-658-2500
Pricipal: Linda Robinson

Chesak Elementary (Lake in the Hills)
Phone: 847-659-5700
Principal: Janean Hansel (PK-2)
Principal: Rhonda Maciejewski (3-4)

Glacier Ridge Elemetary (Crystal Lake)
Phone: 815-477-5518
Principal: Pat Bloomquist

Westfield Community School (Elementary & Middle-Algonquin)
Phone: 847-458-2193 (Elementary)
Phone: 847-458-1900 (Middle)
Principal: Russell Ballard

North Middle School (Crystal Lake)
Phone: 815-459-9210
Principal: Dennis Rasmussen

Crystal Lake South High School
Phone: 815-455-3860
Principal: Lawrence D. O?Meara

H.D. Jacobs High School (Algonquin)
Phone: 847-658-2500
Principal: Linda Robinson

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Tax Considerations >Taxable Profits

If you are thinking of selling your home and your house has risen in value since you purchased it, or you have accumulated a lot of deferred profit from previous sales, the Taxpayer Relief Act passed in 1997 could be of tremendous value.

Prior to this law, when a homeowner moved to a smaller home, relocated to a less costly area, or made a decision to rent, they were left with unfavorable tax consequences. The old tax law allowed people who sold their homes to defer tax on any profit by buying a replacement home of at least equal value within two years. At age 55, they could permanently escape tax on up to $125,000 of profit, but any profit in excess of that amount was taxable unless a new home was bought.

The good news is that with homes sold after May 6, 1997, homeowners can make as much as $500,000 tax-free profits on the sale of a principal residence for joint filers or $250,000 for single filers. The $500,000 capital gains exclusion removed taxes as a consideration for most home sellers by giving them flexibility to trade up or down. It has also allowed homeowners to preserve the savings value of a home when they sell, provided they use the property as their principal residence for two of the prior five years prior to the sale.

Consult your tax advisor for your particular circumstance.

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Q	Which U.S. hotel has more fountains than any other hotel in the world?
A	The Bellagio Hotel in Las Vegas, Nevada has more than 1,000 fountains embellishing an 11+ acre artificial lake.
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Paul Grasemann, REALTORŽ, real estate agent and broker for Gilberts, Lake in the Hills and Pingree Grove Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Paul Grasemann
RE/MAX Gateway
50 Industrial Drive
Gilberts, IL 60136
Cell: 847-414-4040
Office: 847-851-8855
Fax: 847-851-8811
Main: Paul@FoxValleyLiving.com
Thanks for takin' time to discuss your needs. I am a full-service residential Broker Associate. For a decade I have met clients with a no-nonsense approach to buying and selling homes.

From our first introduction through to the closing table, I will treat you with respect and courtesy. You will benefit from my professionalism and market experience.

If you are considering relocating into or out of McHenry or Kane counties or the collar communities, take time to drop me a line. The RE/MAX Gateway Staff and I will share information with you right away, so you can begin getting acquainted with the local market. Contact me with confidence at 847-414-4040!

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NUMBER1EXPERTS™ in real estate for Gilberts, Lake in the Hills and Pingree Grove, Illinois

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