GAMBINO REALTORS THE COLLECTION
APRIL 2020
LOVES PARK
Welcome to the April issue of The Collection! As we navigate these unprecedented times, there are many questions surrounding the housing market. Although it may seem impossible, there are things you can do to position yourself to purchase a home during this time and have a positive effect on the economy while doing so. Feel free to browse these featured homes and reach out to us with any questions you may have.
WOODSTOCK
Cordially,
Jonathan R. Krause, CRB President JKrause@GoGambino.com
ROCKFORD
THE COLLECTION Only Gambino Realtors places your home directly in the email inbox of 62,500 homeowners with a household income of $250,000.00 or more. Our reach through this luxury publication covers Winnebago, Boone, McHenry and Lake Counties in Northern Illinois.
815•282•2222 www.gogambino.com
CALEDONIA
ROCKTON
The Number 1 Thing You Can Do to Position Yourself to Buy a Home This Year
The last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and outbreaks not seen in many years. It also has consumers remembering the economic slowdown of 2008 that was caused by a housing crash. This economic slowdown, however, is very different from 2008.
recessions that recover quickly enough to provide little damage to home prices), and some very cutting-edge search engine analysis by our Information Management team showed the current slowdown is playing out similarly thus far.” Given this situation, if you’re thinking about buying a home this year, the best thing you can do right now is use this time to get preapproved for a mortgage, which you can do from the comfort of your home.
see, means homebuyers need every advantage they can get to make a strong offer and close the deal. Being pre-approved shows the sellers you’re serious about buying a home, which is always a plus in your corner. 2. Accelerate the Homebuying Process
Pre-approval can also speed-up the homebuying process so you can move faster when you’re ready to make an offer. Being ready to put your best foot forward when the time comes may be the leg-up you One thing the experts are saying is Pre-approval will help you better need to cross the finish line first and that while we’ll see a swift decline understand how much you can land the home of your dreams. in economic activity in the second afford so that you can confidently quarter, we’ll begin a sharp rebound do the following two things when Pre-approval is the best thing you in the second half of this year. can do right now to be in a stronger you’re ready to buy: position to buy a home when you’re According to John Burns 1. Gain a Competitive Advantage ready. Consulting: “Historical analysis showed us that pandemics Today’s low inventory, like we’ve Connect with a Gambino Realtor are usually V-shaped (sharp seen recently and will continue to today to get the process started.
UNIQUE RIVERFRONT CHALET $425,000 Every day is a vacation in this riverfront Chalet. Custom built with an immense attention to detail and a focus on breathtaking views of the river. The use of materials and space is genius. The open floor plan, volume ceilings and hardwoods are in keeping with what today’s buyer is looking for. From the moment you enter, you are struck by the rare character and unique materials that have been built into the home. A gracious kitchen opens to a large great room with walls of windows overlooking the peaceful river. Two additional bedrooms, a full bath and a spacious laundry complete the main floor. Upstairs is a breathtaking suite which includes a living room with a walk out deck, master bedroom and en-suite bath. The walk out lower level provides two additional bedrooms, a full kitchen, bath and a bonus room. The guest cottage offers over 1,000 square feet of additional space with a myriad of uses. This one of a kind home provides a peaceful sanctuary within minutes of all amenities. A true gem for the new owner.
5306 East Drive • 5 BEDROOMS • OPEN FLOOR PLAN • GUEST COTTAGE • SCENIC RIVER VIEWS
Karl Gasbarra 815|975|4218 Contact
Miguel Lobato 815|494|7905 Contact
View Full Listing for Details
COUNTRY PRIVACY $350,000
Revel in the privacy that comes with this updated country home boasting a 10-minute trip to the Metra and charming downtown. The open layout concept includes three spacious bedrooms and three and a half baths all nestled on a three-acre parcel. This home is zoned agricultural, so the possibilities are endless. The finished lower level adds a convenient space for a possible fourth bedroom, an office or cozy den. The quiet setting on a cul-de-sac in Crestview Estates is perfect for the nature lover who wants quick access to nearby downtown for entertainment.
5015 Brockham Cour t • 3 BEDROOMS • OPEN FLOOR PLAN • LARGE PRIVATE LOT • FINISHED LOWER LEVEL
Team Lunde 815|985|9522 Contact View Full Listing for Details
SPACIOUS COUNTRY ESTATE $319,000 Escape to this private, scenic country setting at the end of each day. This must see 2,500 Square Foot ranch is tastefully finished and is only 13 years old. Natural light flows throughout the open floor plan accentuating the 10-foot ceiling featured on the first floor. The chef ’s delight kitchen boasts new granite countertops, ceramic tile floor, new appliances (2018), a pantry with convenient pullouts, access to mud room and sliding doors to the expansive 24x30 deck added in 2019. The master bedroom includes a walk-in closet, master bath with jacuzzi and double vanity. The lower level layout includes a family room with a beautiful wall of windows, office with corner windows, closet and bath. Enjoy strolls in this country setting featuring a bridge over the creek, pasture and an area for your very own organic garden. The property is zoned agricultural and includes a pole building as well as additional buildings for animals and/or livestock. With an excellent location and private setting, the new owner of this home will experience the best of both worlds.
5260 Prairie Road • 2,500 SQUARE FEET • 3 BEDROOMS • POLE BARN & OUTBUILDINGS • ZONED AGRICULTURAL
Mike Weerda 815|985|2895 Contact View Full Listing for Details
LIGHT & BRIGHT FAMILY HOME $293,900 Enjoy the extras in this beautiful, light and bright, well-maintained family home. There is ample space featured throughout the three bedrooms, two full baths and two half baths. Entertain and dine in the updated, sun drenched kitchen with quartz countertops, all new Frigidaire appliances and glass tile backsplash, all while partaking in gorgeous views of the fenced in backyard. Conveniently located near shopping and neighboring towns, this home boasts many unique features including six foot wall construction, dual stage furnace, UV filter on incoming well water, surge protector on 200 amp electric panel, radon mitigation system, security system, garage entrance to the basement, heatilator on the gas fireplace and volume ceilings.
11912 Lerwick Road • 3 BEDROOMS • ENERGY EFFICIENT • FENCED YARD • 2.5 CAR ATTACHED GARAGE
Sandy Basel 815|494|4132 Contact View Full Listing for Details
FULLY EXPOSED RANCH $295,000
Gorgeous custom built, fully exposed ranch in the desirable Old River Hills Subdivision. The large foyer welcomes you to an open floor plan replete with all of the amenities today’s buyer is looking for including volume ceilings, walls of windows, hardwood floors, white trim, granite and stainless kitchen with center island, pantry, main floor laundry and more. There are three nicely sized bedrooms including a large master suite with a tray ceiling and the fabulous en-suite bath offers double vanities with granite counters, a custom tiled shower and a large walk-in closet. The two additional bedrooms have 9-foot ceilings and share a granite and ceramic bath. The fully exposed lower level with high ceilings is loaded with windows and will make fabulous additional living space. You will love the warm months on your elevated deck enjoying long views and a professionally landscaped yard with irrigation. The location is fabulous, the schools are among the best, and the pride of ownership shows.
1175 Wake Forest Parkway • 3 BEDROOMS • FULLY EXPOSED LOWER LEVEL • FIRST FLOOR LAUNDRY • 3 CAR ATTACHED GARAGE
Karl Gasbarra 815|975|4218 Contact View Full Listing for Details
The Economic Impact of Buying a Home We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a real estate transaction are changing to a virtual format. What isn’t changing, however, is one key thing that can drive the local economy: buying a home. We’re all being impacted in different ways by the effects of the coronavirus. If you’re in a position to buy a home today, know that you’re a major economic force in your neighborhood. And while we all wait patiently for the current pandemic to pass, there are a lot of things you can do in the meantime to keep your home search on track. Every year the National Association of Realtors (NAR) shares a report that notes the full economic impact of home sales. The report isn’t just about home sales, but instead the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. When you buy a home, you’re making an impact.
You’re fulfilling your need for shelter and a place to live, and you’re also generating jobs and income for the appraiser, the loan officer, the title company, the real estate agent, and many more contributors to the process. For every person or business that you work with throughout the transaction, there’s also likely a team behind the scenes making it all happen, so the effort multiplies substantially. The impact is almost double when you purchase new construction, given the extra labor it requires to build the home. As a buyer, you have an essential need for a home – and you can make an essential impact with homeownership, too. That need for shelter, comfort, and a safe place to live will always be alive and well. And whenever you’re able to act on that need, whether now or later, you’ll truly be creating gains for you, your family, local business professionals, and the overall economy. Whenever you purchase a home, you’re an economic driver. Even if you’re not ready or able to make a move now, there are things you can do to keep your own process moving forward so you’re set when the time is right for you. Reach out to a Gambino Realtor to keep your home search – and your local contributions – on track.
ROOM TO EXPLORE 15555 IL Route 64 West | Polo
• FULLY FURNISHED • 40 TILLABLE ACRES • LARGE OUTBUILDING Custom built 5,200 square foot Log Home on over 62 acres featuring three bedrooms, three full baths and two half baths. Full wood interior with main floor master suite. Wonderful outdoor amenities include paths, creek, bridges and waterfalls. Open ceilings, gourmet kitchen, main floor laundry, sunroom, four season room, two see through fireplaces, full finished basement with bar, family room and possible theater room. Home has front and rear decks and a gazebo.
35184 Wheeler Road | Kirkland
Bryan Holder | 815•543•1232| bholder@gogambino.com • 4 BEDROOMS • GUEST HOUSE WITH 1 BEDROOM • 4 CAR GARAGE This unique and beautiful 4,250 square foot home sits on 6.55 acres (MOL) nestled in tall trees back off a quiet country road along with a four-paddock horse stable, hay and tack storage, pasture, large garden shed and dog run. The main house started as a hexagon with additions adding more living space, sunlight and spectacular views as well as an additional garage with a private entrance to an apartment/guest home above.
1745 Cherry Valley Road | Kirkland
Sandy Basel | 815•494•4132| sbasel@gogambino.com
• 5 BEDROOMS • 2.35 ACRES • ADJACENT PARCEL AVAILABLE Very unique and historic property with a sprawling main level and the upstairs has been converted to another unit with separate kitchen 14x7, dining area 12x9, living room 17x14, bedroom 17x13, bedroom 16x10, laundry 16x8, and mechanicals. Included on the property is a 10x7 milk house, 24x32 corn crib, 24x11 lean to shed, 40x20 machine shed, 60x31 workshop, 65x20 lean to shed attached, 65x45 barn. Seller would like to sell with adjacent parcel at 1697 Cherry Valley Rd.
16285 Cannell Road | Rockton
John Sweeney|815•262•5769|jsweeney@gogambino.com • 3 BEDROOMS • ZONED AGRICULTURAL • PRIVATE SETTING Enjoy the great outdoors in this three-bedroom, two bath ranch just 10 miles west of downtown Rockton. The spacious grounds are zoned agricultural and include four horse stalls and two acres of pasture. Many updates have been done to this country delight. Enjoy beautiful views while warming up to a fire in the outdoor fire pit.
Team Lunde|815•985•9522|mlunde@gogambino.com
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Call Gambino Realtors 815 | 282 | 2222 Or log onto gogambino.com to start your home buying and selling process today!
