Issuu

GA M BINO RE ALTORS

HOME GUIDE

ISSUE SIX | 2025

a Message

C ONTENT S

FROM OUR PRESIDENT Jonathan R. Krause Gambino Realtors

3 Single Family Residential

24 24

Today's First-Time Homebuyers: A New Kind of Buyer Back in the 1980s, most first-time homebuyers were in their late 20s. Fast-forward to the early 2020s and that shifted to the mid30s. Now, the average has reached a record-high age of 40. Today’s first-time homebuyers are stepping into one of the toughest markets in decades—but they’re doing it with strategy, flexibility, and a new set of priorities. Rising home prices, higher interest rates, and student loan debt mean many buyers enter the market later and more prepared. They’re saving longer, improving their credit, and using assistance programs or teaming up with partners, friends, or family to make ownership possible. Technology now leads the way. Buyers rely on online listings, virtual tours, mortgage apps, and neighborhood data before ever talking to an agent. Many even make offers without seeing the home in person.

Why More Homeowners Are Giving Up Low Rates

by Gambino: 32 YUMMY Parmesan Cheese Ball

51 Residential Condominium

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To Choose The Right 53 How Multifamily Commercial Real Estate

60 Vacant Land

What they want has shifted, too: flexible spaces for remote work, energy-efficient features, smaller footprints, and neighborhoods that balance convenience with affordability. Despite limited inventory and tough competition, today’s firsttime buyers are resourceful and resilient. They’re finding creative paths to ownership and redefining what the homebuying journey looks like in a new era.

3815 N. Mulford Road, Rockford, IL 61114 | 815.282.2222 5330 Williams Drive, Roscoe, IL 61073 | 815.623.3333 www.GoGambino.com

9729 Beaver Valley Road Belvidere $750,000 4 BD | 1 BA | 1,872 SQ FT | 30 AC Enter this piece of countryside history with this timeless 1900's farmhouse. Nestled on 30 breathtaking acres of farmland, offering the perfect blend of rustic charm and endless potential for farming or simply peaceful country living. Classic farmhouse features, original hardwood floors, and a spacious kitchen for creating lasting memories. Massive barn steals the show-ideal for livestock, equipment, workshops, or even a stunning event space conversion. Several smaller outbuildings offer additional storage or potential for a creative studio. Rare property combines tranquility and function, making it a dream for homesteaders, hobby farmers, or anyone seeking a quiet retreat with character. Enjoy the added income from the long-term cell tower lease, which is $1,418 per month.

Tina Eisler Amanda Clark 815.623.5555

3 BD | 3/1 BA | 5,488 SQ FT

10131 Rellswood Drive | Belvidere, IL

$899,000

Hilltop brick estate with breathtaking views and unmatched craftsmanship in Boone County! This exceptional home blends timeless elegance with custom design details that make it truly one-of-akind. The home's thoughtful open-concept layout includes both formal and informal living spaces. Expansive windows frame picturesque views in every direction. Situated in a quiet, tucked-away horseshoe subdivision, this home offers quick access to both the State Street and Riverside corridors via Olson Road, making it both private and conveniently located. For those seeking even more seclusion, additional acreage flanking each side of the property is available for purchase. 4 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Karl Gasbarra 815.975.4218 karl@gogambino.com

Residential Single Family

859 John Street | Bensenville

$599,995

15613 Bombay Boulevard | South Beloit

$339,900

5 BD | 3 BA | 2,082 SQ FT

4 BD | 2/1 BA | 3,644 SQ FT

Welcome to this stunning remodeled property just 15 minutes to O’Hare Airport and seven minutes to Metra Station, and near marketplaces. The house has new hardwood floors throughout, the bedroom is carpeted, the master bedroom has a walk-in closet and the kitchen is open concept. Internet network hard wiring and security camera system are all installed. Two new independent heaters and AC systems are ready to go. Don’t let this opportunity pass by!

Meticulously maintained home in the Prairie Hill/Hononegah School District that offers an eat-in kitchen with beautiful cabinetry and granite countertops, all open to the family room. There is also a living room and a formal dining room. The primary suite offers a private bath with double sinks and a huge closet. The three additional large bedrooms share a spacious bathroom with double sink. The lower level features a bonus room, ideal for entertaining. The large yard is completely fenced!

Silvestre Flores

Tracy Wallschlaeger

815.995.2169 sflores@GoGambino.com

815.988.5281 twallschlaeger@GoGambino.com

www.GoGambino.com | 5

Residential Single Family

4 BD | 2/1 BA | 2,888 SQ FT | $350,000

3 BD | 3 BA | 1,930 SQ FT | $349,900

4 BD | 3 BA | 2,339 SQ FT | $269,900

5927 Linden Road | Rockford

311 E Pershing Street | Stillman Valley

7604 N 2nd Street | Machesney Park

Tri-level with open-concept living, nestled on two scenic acres offering tranquility and modern comfort, minutes from local amenities. Spacious kitchen with walk out sliders to deck. Lower level with a large family room, fireplace, fourth bedroom, a half bath, and access to the garage. Truly, a must-see!

Quality new construction near Stillman Valley High School. Three bedroom, three bath, zero lot line villa delivers quality and convenience. 1950/1930 square foot units complete in early 2026. Act now for a say in color and finishes. Two car garage, treated deck, tall ceilings, primary ensuite with walk-in closet.

A stunning, completely updated home with new kitchen, baths, and an open layout that flows to a finished basement with a full family/rec room and a fourth bedroom with egress window. Sits on a corner lot with a brand-new fence and offers a three car garage, plus easy access to 173, hospitals, and major highways.

Tina Tendall/Amanda Clark | 815.623.5555

David Bowers | 815.520.4091

Miguel Lobato | 815.494.7905

3 BD | 2 BA | 3,150 SQ FT 3 BD | 1/1 BA | 1,338 SQ FT | $265,000

3 BD | 2 BA | 1,675 SQ FT | $230,000

3 BD | 2 BA | 1,417 SQ FT | $224,900

7544 La Maine Drive | Rockford

510 Berglund Road | Pecatonica

4280 Stage Coach Trail | Rockford

Inviting ranch with four car garage, nestled in the Hononegah School District boasting county taxes. Offers the ideal blend of comfort, functionality, and outdoor space. The layout features easy, one level living, with plenty of natural light. Enjoy a large yard complete with a deck, gazebo, and shed.

Find your next chapter—in a home that has it all, including county taxes, main-floor living boasting a spacious primary bedroom, finished lower-level rec room, partial exposure and deck overlooking the fenced backyard. This property delivers value without compromise, ready for you to move right in!

Comfort, space, and community amenities! Enjoy a generous floor plan with a bright two-season sunroom, along with a good-sized deck and a large yard for outdoor living. As part of this community, you’ll have access to a clubhouse and swimming pool. So much to offer, this property is ready to welcome its next owners!

Stefanie Yarber | 815.995.0836

Mikhaele Howell | 815.871.6787

Andy Harkin | 815.299.0492

6 | GRHG | VOLUME SIX | ISSUE SIX | 2025

3 BD | 2/1 BA | 2,762 SQ FT

11335 Cross Creek Estates Lane | Belvidere

$675,000

Stunning ranch offers luxury, privacy, and breathtaking natural surroundings on over 1.5 acres, backed by the serene Beaver Creek. Enjoy an open floor plan with partial southern exposure, filling the home with natural light and enhancing outdoor living on the patio and composite deck. The spacious primary suite features a new spa-like ensuite with double showerheads, dual sinks, and two walk-in closets—one with a dedicated dressing room. The gourmet kitchen features an inviting dining area and seamlessly connects to a formal dining space for effortless entertaining. Daily living is simplified with a well-designed first-floor laundry/drop zone. Full basement with 9.5 foot ceilings and a rough-in for an additional bathroom.

Kevin Fisher 815.494.9595 kfisher@gogambino.com www.GoGambino.com | 7

SOLD

3 BD | 2 BA | 1,650 SQ FT

13755 Baker Road | Durand

$390,000

Country living at its best! Enjoy panoramic views of rolling hills and unforgettable sunrises and sunsets. A long asphalt drive leads to this hilltop custom-built 1999 ranch on 2.7 scenic acres with mature pines. Features include hardwood floors, cathedral ceilings, and a stunning stone fireplace. The gourmet kitchen features a 7.5-ft island, staggered cabinetry, a pantry, and an eating area with sliders to a three-season room. Primary suite with walk-in closet and private bath. Conveniences include a three car garage, whole-house generator, irrigation system, and 90'x30' outbuilding for horses, hobbies, or storage. Durand Schools, near forest preserves, Hwy 20, and I-90. 8 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Ginny Meyer 815.262.8082 gmeyer@gogambino.com

Residential Single Family

1927 Baintree Road Lake Summerset $593,000 4 BD | 3/1 BA | 4,000 SQ FT

Kathy Heeren-Ellis 815.708.4061

2724 E Stateline Road Beloit, WI $459,993 3 BD | 1 BA | 700 SQ FT

Pat Bellinghiere 815.871.1745

117 Strawbridge Drive Rockton $359,000

11844 Orth Road | Garden Prairie

$375,000

3 BD | 1 BA | 1,640 SQ FT Five acre farmette provides peaceful solitude located in Garden Prairie. Country living at its best, yet, just 10 miles to Marengo, Harvard and Belvidere. Two acres are zoned agriculture and three acres zoned residential. Updated house built in 1930 nestled in a treed yard. Beautiful natural hardwood oak floors throughout, with new oak trim. Custom kitchen with maple cabinets. In 2025, new stove top and exhaust fan in kitchen. New well water holding tank. New porch and front door opening to a cozy sunroom. New windows in upper level. All new oak trim throughout. Poured concrete full basement with drain tiles. Two outbuildings plus barn, garage 80 x 30, outbuilding 20 x 40 and barn 60 x 44.

3 BD | 2/1 BA | 2,400 SQ FT

Craig Olafson 224.229.8258 Keith Ruiz 815.985.0870 kruiz@GoGambino.com

www.GoGambino.com | 9

5591 River Run Parkway Belvidere $685,000 5 BD | 4 BA | 6,200 SQ FT Discover unparalleled elegance in this custom-built ranch, where exceptional craftsmanship meets sophisticated design. Interior features include spacious living areas with both formal and informal living and dining spaces. The gourmet kitchen is a chef’s dream, featuring custom cabinetry, an expansive center island, and a breakfast bar. The split-bedroom layout offers three bedrooms on the main level, including a primary suite with a sitting/dressing area, a spa-inspired ensuite bath, and dual walk-in closets. In the lower level, you will discover a sprawling rec room, kitchenette, home theatre, fourth bedroom, full bath, and two versatile bonus spaces. A meticulously designed outdoor space features a spacious deck, an elegant brick-paver patio, a gazebo, and a built-in grill for effortless outdoor entertaining. This home offers convenient access to the State Street corridor, I-90, and a wealth of nearby amenities.

Karl Gasbarra 815.975.4218

SOLD

5 BD | 3/1 BA | 4,330 SQ FT

3558 Burlwood Drive | Rockford

$425,000

Nestled on a pristine half-acre lot in a prime, highly sought-after location, this spacious residence combines elegance with modern comfort. The kitchen features beautiful cabinetry, granite countertops, stainless steel appliances, large island, and walk-in pantry. The primary bedroom offers a true retreat with spainspired ensuite bath, soaking tub, dual vanities, and generous walk-in closet. Formal living and dining rooms, cozy family room with fireplace, and a sun-filled four-season room. Beautifully landscaped grounds with mature trees, colorful garden areas, and an expansive patio-ideal for outdoor dining and entertaining. Enjoy unbeatable convenience-close to shopping, dining, parks, and all major commuter routes.

Tina Tendall & Amanda Clark 815.623.5555 tinaandamanda@gogambino.com www.GoGambino.com | 11

3 BD | 2/1 BA | 3,403 SQ FT

811 Paris Avenue | Rockford

$398,000

Stunning home inside and out, boasting the primary suite of your dreams! Tucked away on the second floor, your primary retreat awaits with a spacious layout amidst a vaulted ceiling, his and hers closets, a private bath with a jetted tub and separate shower, and the best part - a bonus room with hardwood floors, bookshelves, and a fireplace - your very own escape for relaxation at home! Completely upgraded exterior! The yard is lushly landscaped for privacy, complete with a sprinkler system and south-facing garden. Everything is meticulously maintained. All located near Rockford’s gems: Anderson Gardens, Sinnissippi Park, Nicholas Conservatory, and the riverfront. 12 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Pam Cunningham 815.289.6323 pcunningham@gogambino.com

9281 Auburn Road Winnebago $650,000 6 BD | 5 BA | 4,116 SQ FT Nestled on five acres with panoramic views, this Parade of Homes stunner has been rejuvenated inside and out! The scene is set with the landscaping along the circle drive leading up to the double glass doors that open to the foyer, boasting views of the entire spacious main level. The soaring ceilings create an open vibe with a den, an office, dining room, living room, and sliders to the expansive deck. The kitchen is complete with quartz countertops, a stone subway tile backsplash, and an island with seating. The main floor master includes two walkin closets, a dressing area, and a spacious ensuite. The lower level features partial exposure with an abundance of entertaining space. Enjoy the country views on the new composite deck and elevated pergola with a ceiling fan. Zoned AG - bring your horses!

Kathy Heeren-Ellis 815.708.4061

2909 Culver Court Poplar Grove $547,000 3 BD | 3/1 BA | 3,452 SQ FT Spacious living meets outdoor paradise! This stunning two story home sits on nearly an acre of beautiful land, offering the perfect blend of comfort and style. Inside, you'll find a large family room with a cozy fireplace, generously sized bedrooms, and a beautiful kitchen with abundant cabinet space. The home also features a stylish wet bar with plenty of cabinetry-perfect for entertaining family and friends. Step outside to your very own retreat with a large inground swimming pool featuring a new liner, a sprawling deck for gatherings, and a heated and airconditioned six-car garage with radiant heat in the back section of the floor, providing all the space and comfort you could need. With its warm, inviting spaces and incredible outdoor amenities, this home is perfect for entertaining year-round!

Andy Harkin 815.299.0492

4 BD | 2/1 BA | 3,016 SQ FT

16540 Grove Creek Circle | Pecatonica

$349,900

Spectacular mid-century contemporary home on a stunning one(+) acre wooded lot with in-ground pool, hot tub, and spa! Nestled at the end of a cul-de-sac, this multi-level home backs to the 636-acre Seward Bluffs Forest Preserve for unmatched privacy, views, and year-round natural beauty. Large windows throughout fill the home with light. Dramatic open beam ceilings throughout most of the home. Open floor plan includes spacious kitchen with breakfast bar, family room with pegged oak floors, fireplace, and a three-season room. Split bedroom layout with oversized bedrooms and a lofted fourth bedroom. Located in desirable Pecatonica schools with easy access to I-90/39/US 20.

Ginny Meyer 815.262.8082 gmeyer@gogambino.com www.GoGambino.com | 15

Residential Single Family

SOLD

919 Gregory Way | Winnebago

$275,000

7596 Farmhome Lane | Cherry Valley

$245,000

4 BD | 3 BA | 2,652 SQ FT

2 BD | 2/1 BA | 2,614 SQ FT

Cute open concept ranch in Greenlee Estates. The great room features a stacked stone fireplace for cozy winter nights. The dining room is open to the great room. The kitchen features a walk-in pantry, quartz counters, center island, stainless steel appliances, subway tile backsplash, and breakfast nook. Spacious primary suite has private bath and walk-in closet. Finished lower level with partial exposure. Outside is a covered patio. Two car garage and subdivision amenities include park and playground.

This beautiful ranch-style home in Cherry Valley, offers a finished lower level and a two-and-a-half-car garage. This home features an adjoining formal living and dining room, a lovely eat-in kitchen with lots of nice oak cabinets and granite countertops. There are sliders that lead out to the lovely backyard, where you can relax on the composite deck or in the gazebo. Family room with a gas fireplace, bay window, and two tube skylights. Convenient location and close to so many great amenities.

Kathy Heeren-Ellis

Teresa Shreve

815.708.4061 kheerenellis@GoGambino.com

815.289.3362 tshreve@GoGambino.com

16 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Residential Single Family

4098 Biltmore Chase Rockford $220,000 4 BD | 1/1 BA | 1,820 SQ FT

Miguel Lobato 815.494.7905

1752 W Stephenson Street Freeport $220,000

TESTIMONIALS

5 BD | 3 BA | 4,614 SQ FT

Chad Pierce 815.222.8800

350 Joyce Avenue Rockford $220,000 3 BD | 2 BA | 1,348 SQ FT

Pam Cunningham 815.289.6323

www.GoGambino.com | 17

9104 East Weber Road Ridott $550,000 4 BD | 3/1 BA | 5,025 SQ FT Exceptional eight(+) acre estate zoned for agricultural use, ideally located in Stephenson County with low taxes and suited for livestock, hobby farming, or tranquil country living. This property features two substantial outbuildings: a 100x50 pole barn equipped with independent electric service, septic system, dual water lines, a half bath, and 5-6 mini horse stalls; and a versatile 45x32 structure offering extensive storage for cars, boats, RVs, equipment, or workshop potential. The land is fully fenced, pasture-ready, and enhanced by fruit trees, black walnuts, pines, and perennial landscaping. The custom home includes a mainfloor primary suite with triple closets and a recently remodeled, ADA-compliant luxury bathroom with vaulted ceilings. The finished walkout lower level offers a rec/ family room and a dedicated hot tub room. Stunning property!

Mike Weerda 815.985.2895

SOLD

4 BD | 2/1 BA | 2,385 SQ FT

7709 North Gate Road | Roscoe

$341,700

Fabulous home in the desirable Ledges Subdivision situated on a .7 acre oversized wooded lot. The living room has wood-beam vaulted ceilings and is open to the dining area and updated kitchen, with lots of tall cabinets for extra storage, granite counters, a stylish backsplash, a butcher-block island with more cabinets, and stainless appliances. The master bedroom has a private bath. Lower level boasts a family room with a wood-burning fireplace, the fourth bedroom with sliders out to the lower patio, a laundry room, and access to the oversized, heated garage. Wonderful backyard with fire pit, wooded area, storage shed, invisible fencing, and fenced dog run. Roscoe/Hononegah schools!

Mikhaele Howell 815.871.6787 mhowell@gogambino.com www.GoGambino.com | 19

Ray Arco

Tony Badaluco

Brenda Baney-Tufly

Karen Barbagallo

Sandy Basel

Pat Bellinghiere

Brad Benedict

Jennifer Berry

Halina Borowski

Margaret Bowen

Brandon Box

David Bowers

815.985.1441

815.985.4190

815.988.3476

815.988.5577

815.494.4132

815.871.1745

815.988.4286

815.871.6156

815.621.8507

815.222.5665

779.207.5239

815.520.4091

Carson Breed

Jeffrey Brito

Donya Bundy

Jean Campbell

Brad Carlson

Barbara Carstens

Heather Carter

Scot Craig

Pam Cunningham

Kathleen Davis

Chrissy Dawson

815.871.5131

815.505.8589

608.295.5181

815.505.8336

815.871.6333

815.871.3604

815.519.2969

Amanda Clark Tina Tendall 815.623.5555

815.985.8806

815.289.6323

815.978.0606

815.985.5649

Jay Dowthard

Stephen Dwyer

Penny Edwards

Linda Elliott

Sue Ellis

Tom Ewing

Mark Fiorello

Kevin Fisher

Silvestre Flores

Charkila Friar

Rose Gagnon

Frank Gambino

815.289.7530

815.289.3241

815.703.0586

815.988.8954

815.914.7405

815.703.6677

815.670.4129

815.494.9595

815.995.2169

815.601.0260

815.262.7766

815.637.0113

Cathy Gasparini

Karl Gasbarra

Michael Hakanson

Andy Harkin

Samantha Hart

Laura Haynes

Kathy Heeren-Ellis

Claudia Hernandez

Mikhaele Howell

Jill Jarek

Karen Johnson

Tim Johnson

815.961.8902

815.975.4218

815.509.8518

815.299.0492

815.231.6618

815.985.1115

815.708.4061

815.262.7472

815.871.6787

815.621.5255

815.979.6470

815.494.8901

Robert Jones

Dawn Karns

Matt Koch

Terri Koester

Jon Krause

Angie Leiva

Aimee Leon

Miguel Lobato

Vita Locarno

Tarah Manthei-Dumas

Anna Marino

Lyle McKinney

815.509.4248

815.494.6507

815.543.7945

815.540.8600

815.262.5226

815.742.6010

815.516.7879

815.494.7905

815.742.0825

815.821.1466

815.670.8751

815.543.2008

20 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Lilia Mendoza

Ginny Meyer

Bonnie Moore

Gavin Mylin

Craig Olafson

Carol Ortiz

David Palmer

Connie Paris

Chad Pierce

Heather Porter

Ruth Premo

Mathew Rinaldi

815.323.8904

815.262.8082

815.243.4502

779.208.6276

224.229.8258

815.312.6959

815.566.2437

815.222.6076

815.222.8800

815.988.7443

815.978.5613

815.298.7035

Juanita Rinaldo

Keith Ruiz

Luis Sancho

Jorden Schwartz

Kimberly Schwartz

Teresa Shreve

Jayson Shull

Laura Speer

Olympia Standfield

Tracy Suyko

John Sweeney

Jackie Tabor

815.979.2877

815.985.0870

815.494.4536

815.914.7576

815.977.1919

815.289.3362

815.978.6489

815.262.7292

779.274.8197

815.289.1130

815.262.5769

815.520.6134

Jessica Tabor

Janelle Tanaglia

Tom Tendall

Bobby Tisdale

Rhonda Toebes

Erica Tucker

Vikki Turnmire

David Tyrawa

Pat Versack

Ashley Vuong

Demetri Waller

815.980.1879

779.537.9644

Tina Tendall Amanda Clark 815.623.5555

815.721.6434

815.847.2390

815.540.1267

815.708.2052

815.608.7229

815.282.2222

815.262.4999

815.980.0197

815.540.2896

Tracy Wallschlaeger

Mike Weerda

Sean West

Carol Williams

Dale Williams

Marcia Williams

Melody Williams

Esperanza Witt

Stefanie Yarber

Team Zarembski

Brad Zimmerman

815.988.5281

815.985.2895

773.699.5990

815.494.7812

815.519.2243

815.298.1098

815.505.9284

815.668.5260

815.995.0836

815.218.9210

815.985.2830

3815 North Mulford Road Rockford, IL 61114 PH 815.282.2222 5330 Williams Drive Roscoe, IL 61073 PH 815.623.3333

www.GoGambino.com | 21

1630 Jonathan Avenue Rockford $219,900 3 BD | 1 BA | 1,352 SQ FT Welcome home to this beautifully updated ranch featuring modern style and timeless comfort. Nestled on a .38 acre lot, this move-inready home offers the perfect blend of indoor and outdoor living. Fresh, contemporary paint colors throughout, complemented by new finishes and thoughtful updates in every room. Bright screenedin sunroom invites natural light and creates the perfect space for morning coffee or relaxing evenings. Enjoy entertaining or simply unwinding on the spacious new deck, overlooking the peaceful backyard. This home offers onelevel living with an open, inviting floor plan, ideal for a first-time buyer or anyone seeking lowmaintenance comfort. Don't miss your chance to own this turnkey gem - a perfect blend of charm, comfort, and convenience!

Tina Eisler Amanda Clark 815.623.5555

Residential Single Family

3342 Citadel Drive | Rockford

$230,000

4724 Illinois Street | Loves Park

$225,000

3 BD | 2 BA | 1,402 SQ FT

4 BD | 2 BA | 1,682 SQ FT

Home for the holidays! Immaculate and well cared for with a great room floor plan boasting vaulted ceiling. Open staircase to expandable lower level with egress window. Eat-in kitchen has granite countertops. Sliding door to deck and mostly fenced backyard. Primary bedroom has private bath and walk-in closet. Six panel doors throughout. EZ access to I-90/39/20. Priced to Sell!

Main level features cozy living room, updated kitchen with stainless steel appliances, and ample cabinet space. Open dining area off the kitchen with side deck, overlooking the backyard. Two bedrooms on main floor including the primary bedroom with plenty of closet space. Lower level offers a fantastic rec room with four seasons room that provides a seamless transition to the outdoors. Gorgeous backyard is a private retreat, meticulously landscaped with lush greenery, mature trees, and a patio.

Karen Barbagallo

Tina Tendall/Amanda Clark

815.988.5577 kbarbagallo@GoGambino.com

815.623.5555 tinaandamanda@GoGambino.com

www.GoGambino.com | 23

WHY MORE HOMEOWNERS ARE GIVING UP THEIR LOW MORTGAGE RATE

f you’re like a lot of homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s fair. That rate has been one of your best financial wins – and it can be hard to let go. But here’s what you need to remember... A great rate won’t make up for a home that no longer works for you. Life changes, and sometimes, your home needs to change with it. And you’re not the only one making that choice. The Lock-In Effect Is Starting To Ease Many homeowners have been frozen in place by something the experts call the lock-in effect. That's when you won't move because you don’t want to take on a higher rate on your next home loan. But data from Federal Housing Finance Agency (FHFA) shows the lock-in effect is slowly starting to ease for some people. The share of homeowners with a mortgage rate below 3% (the yellow in the graph in Exhibit A) is slowly declining as more people move. And while some of the people with

24 | GRHG | VOLUME SIX | ISSUE SIX | 2025

a rate over 6% are first-time buyers, the number of homeowners with a rate above 6% (the blue) is rising as others take on higher rates for their next home: And while it may not seem that dramatic, it’s actually a pretty noteworthy shift. The share of mortgages with a rate above 6% just hit a 10-year high (see graph in Exhibit B). That shows more people are getting used to today’s rates as the new normal. Why Are More People Moving Now, if It Means Taking on a Higher Rate? It’s simple. Sometimes they can’t put their life on pause anymore. Families grow, jobs change, priorities shift, and a house that once fit perfectly may not fit at all anymore – no matter how good their rate was. And that’s okay. As Chen Zhao, Head of Economic Research at Redfin, explains: “More homeowners are deciding it’s worth moving even if it means giving up a lower mortgage rate. Life doesn’t standstill—people get new jobs, grow their families, downsize after retirement, or simply want to live in a different neighborhood. Those needs are starting to outweigh the financial benefit of clinging to a rock-bottom mortgage rate.”

First American refers to these life motivators as the 5 Ds:

Exhibit A

1. Diplomas: People with college degrees typically earn more, and that adds up to more buying power. Maybe you bought your house when you were younger and now that you’ve graduated and have a rising career, you’re ready to move up. 2. Diapers: You’ve outgrown your space. If you’re welcoming a new baby, your current home might not be cutting it anymore. 3. Divorce: Whether it’s ending a marriage (or starting one), it can create the need for a new place to call home. 4. Downsizing: You’re ready to downsize. Maybe the kids have moved out and it’s time to simplify. Smaller house, less maintenance, more freedom. 5. Death: If you’ve recently lost a loved one, maybe you’ve realized you want to be closer to family. Life’s too short to live far from the people who matter most. Whatever your reason, here’s what you need to think about. Yes, your low rate is great. But staying put means your life may stay on hold. And maybe that’s not working for you anymore. According to Realtor.com, nearly 2 in 3 potential sellers have already been thinking about moving for over a year. That’s a long time to press pause on your plans. On your needs. On your family’s goals.

Exhibit B

So, maybe the question isn’t: “Should I move?” It’s actually: “How much longer am I willing to stay somewhere that no longer fits my life?” Because we’ve already seen rates come down from their peak earlier this year. And they're expected to ease a bit more in 2026. When you stack that on top of the very real reasons you may need a new home, it may be enough to finally move the needle for you. Life doesn’t wait for the perfect rate. Maybe you shouldn’t either. With mortgage rates down from their peak and forecast to dip slightly more in 2026, moving may be more feasible than you think. If you’re ready to see what’s possible in our market, let’s talk. Reach out to Gambino Realtors at 815.282.2222.

www.GoGambino.com | 25

SOLD

3 BD | 3 BA | 2,780 SQ FT

218 Shore Lane | Rockton

$262,000

Wake up to serene river views in this spacious Rockton ranch featuring three bedrooms, three full baths, and an attached two car garage. An oversized living room anchors the main level, warmed by one of three wood-burning fireplaces. The kitchen showcases a Viking Professional six-burner gas range with a stylish vent hood. Unwind in the primary suite with a full bath, and enjoy two additional flexible bedrooms, one of which includes in-room stacked laundry, with additional hookups available in the basement. The lower level offers more finished space, a full bath, and a dedicated laundry area. Outside, a fully fenced yard awaits. Generously sized, full of character, and brimming with potential, this is a rare Rockton find! 26 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Aimee Leon 815.516.7879 aleon@gogambino.com

Residential Single Family

5819 Tasselbury Close Rockford $209,900

1910 Plateau Avenue Loves Park $170,000

3 BD | 2 BA | 1,418 SQ FT

3 BD | 1/1 BA | 1,512 SQ FT

Brad Zimmerman

Angie Leiva

815.985.2830

815.742.6010

510 SW Constitution Drive Poplar Grove $200,000

534 Lawn Drive Loves Park $154,900

3 BD | 1 BA | 1,192 SQ FT

2 BD | 1 BA | 1,349 SQ FT

Lilia Mendoza

Anna Marino

815.323.8904

815.670.8751

202 E Chicago Avenue Davis Junction $179,900

7913 Mildred Road Machesney Park $144,000

4 BD | 1 BA | 1,584 SQ FT

4 BD | 1 BA | 1,128 SQ FT

Ginny Meyer

Korky Williams

815.262.8082

815.494.7812

www.GoGambino.com | 27

3 BD | 1/1 BA | 1,764 SQ FT

3805 Northline Drive | Rockford

$244,900

This well-maintained split-level home offers an abundance of space, situated on a third of an acre +/backing to a cornfield located on the edge of town, yet remains minutes from shopping, dining, and I-90/39/20. Covered front porch leading to a tiled foyer. The main level features laminate flooring throughout with spacious living areas. The dining room is ideal for entertaining, while the kitchen offers cabinet storage, a window over the sink, and a breakfast dining area. A pony wall design creates an open flow between the kitchen and family room, with multiple windows offering year-round country views. Newer sliders leading to a 32x18 deck with privacy fencing and countryside views. Convenient access to parks and forest preserves. 28 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Ginny Meyer 815.262.8082 gmeyer@gogambino.com

Residential Single Family

7643 Rogers Street | Machesney Park

$194,500

2220 15th Avenue | Rockford

$165,000

3 BD | 1 BA | 1,281 SQ FT

3 BD | 2 BA | 990 SQ FT

Almost everything new in this fantastic listing in Machesney Park. The home shows off a new sleek kitchen with all new appliances, custom cabinets, quartz top and tiled backsplash. Relax in the huge living and dining room combination or out on your private deck overlooking your large backyard. Top notch quality throughout the home with new windows, new furnace and air, completely new bathroom, new vinyl plank flooring throughout, newer roof, new interior doors and more.

Beautifully remodeled home, where modern updates meet classic charm. A cozy and welcoming enclosed front porch sets the tone before entering the bright and cozy interior. Inside, you'll find a brand-new kitchen featuring stainless steel appliances and sleek cabinetry. Outside, enjoy the stylish paver patio, perfect for outdoor entertaining or unwinding. Additional value comes with the walk-up attic, offering expansion potential for added living space. This home is truly move-in ready!

Cathy Gasparini

Stefanie Yarber

815.961.8902 cgasparini@GoGambino.com

815.995.0836 syarber@GoGambino.com

www.GoGambino.com | 29

Residential Single Family

SOLD

30 | GRHG | VOLUME SIX | ISSUE SIX | 2025

942 Division Street Beloit, WI $235,000

SOLD

709 Theodore Street Loves Park $175,250

3 BD | 2 BA | 1,244 SQ FT

3 BD | 1 BA | 1,372 SQ FT

Donya Bundy

Tracy Suyko

608.295.5181

815.289.1130

2120 Devon Avenue Loves Park $215,000

SOLD

4216 Dakota Lane Rockford $150,000

3 BD | 2 BA | 1,838 SQ FT

3 BD | 2 BA | 1,446 SQ FT

Jill Jarek

Pam Cunningham

815.621.5255

815.289.6323

1320 Jackson Street Pecatonica $189,000

SOLD

2724 Kilburn Avenue Rockford $125,000

3 BD | 2/1 BA | 2,372 SQ FT

3 BD | 1 BA | 1,345 SQ FT

Samantha Hart

Tina Tendall/Amanda Clark

815.231.6618

815.623.5555

1993 South Bolton Road Freeport $219,900 3 BD | 1 BA | 1,488 SQ FT Country living in this well-cared-for, retro ranch, zoned AG with a 20x36 outbuilding, perfect for hobbies, equipment, or extra storage in the Pearl City School District. Nestled on .5 acre+ of scenic countryside stretched for miles, perfect for peaceful rural living without the upkeep of multiple acres. Inside is light and bright living spaces, a covered front porch, an arched entry, and a formal dining room. Hinged doors to oversized patio shaded by a beautiful mature oak-ideal for grilling or enjoying sunrises. Oversized main bedroom plus two additional nicely sized bedrooms, along with main bath and office. The lower level includes a rec room ready for your finishing touches and a workshop area. Abundance of storage space, including a walk-up attic. Come experience this slice of country paradise that offers flexible options!

Ginny Meyer 815.262.8082

YUMMY by Gambino

32 | GRHG | VOLUME SIX | ISSUE SIX | 2025

PARMESAN CHEESE BALL Prep 10 minutes | Servings 12 | Ingredients 9 Great for great gatherings and for football playoff parties.

INGREDIENTS 2/3 cup grated Parmesan cheese 2/3 cup finely chopped nuts 1 small onion, finely chopped (1/4 cup) 1 tablespoon milk 1/2 teaspoon salt 1/4 teaspoon pepper 1/4 teaspoon garlic powder 2 packages (8 ounces each) cream cheese, softened Coarsely chopped nuts

INSTRUCTIONS Stir together all ingredients except coarsely chopped nuts until well blended. Shape into ball; roll in coarsely chopped nuts. Wrap cheese ball in plastic wrap and refrigerate at least 8 hours but no longer than 48 hours. Let stand at room temperature 30 minutes before serving.

www.GoGambino.com | 33

1909 23rd Street Rockford $212,000 3 BD | 2 BA | 1,256 SQ FT Prepare to be impressed. This move-in-ready home blends timeless charm with modern comfort. Enter into a bright, open space filled with thoughtful updates. The stunning kitchen features custom gray shaker-style, soft-close cabinets that extend to the ceiling, pull-out drawers, a pull-out garbage and recycling bin, under-cabinet lighting, and elegant white quartz countertops with a breakfast bar for seating. The main level highlights gorgeous original hardwood floors, crisp white trim and paneled doors, crown molding, and a spacious semi-open concept living area. The hall bath includes a shower-tub combo, while the en-suite bath boasts a marble walk-in shower and vanity top. The fully finished lower level is a showstopper, offering an expansive additional living space with a dry bar with cabinetry, and a large laundry room complete with builtin cabinets and shelving.

Marcia Williams 815.298.1098

SOLD

3 BD | 2/1 BA | 1,770 SQ FT

1415 South State Street | Belvidere

$229,900

This home offers incredible space both inside and out in a highly sought-after Belvidere location within the Belvidere School District! Enjoy a beautiful front porch that welcomes you home and sets the tone for the charm found throughout. The standout feature is the detached guest/in-law suite or, a stunning addition with vaulted ceilings, a service bar, a full bathroom, and sliding doors that open to the fenced backyard. Inside, you’ll find convenient first-floor laundry, a spacious living room, and a beautiful dining room with rustic hardwood floors—perfect for gatherings and everyday comfort. This home beautifully blends classic character, modern comfort, and an unbeatable Belvidere location.

Heather Carter 815.519.2969 hcarter@gogambino.com www.GoGambino.com | 35

Residential Single Family

1016 Kingsway Avenue | Rockford

$186,000

1105 Colonial Drive | Machesney Park

$185,000

3 BD | 1/1 BA | 1,456 SQ FT

3 BD | 1/1 BA | 1,736 SQ FT

This charming two-story home is perfect for those who love to entertain, featuring a bright, open main level that seamlessly connects the living, dining, and kitchen areas. All three bedrooms are located upstairs, offering a practical layout that suits a variety of needs. The main floor is ideal for gatherings, while the inviting backyard extends the entertainment space outdoors. With its functional design and warm atmosphere, this home offers everyday comfort with plenty of room to enjoy time with guests.

Are you ready for your new home in Machesney Park? You will enjoy the feeling and look of the brand-new carpeting that has been put in on both levels. The siding has been updated within the last three years. Enjoy the look of your home even at night with your pod lights! You’ll enjoy the spacious fenced in backyard and work shed to fit all your tools. The basement is ready for your vision and touch. Coming with a den and extra room, along with your very own hot tub room!

Luis Sancho

Brandon Box

815.494.4536 lsancho@GoGambino.com

779.207.5239 bbox@GoGambino.com

36 | GRHG | VOLUME SIX | ISSUE SIX | 2025

1919 Tomahawk Court Freeport $185,000 3 BD | 2 BA | 1,608 SQ FT Beautifully updated ranch! Bright, open, and move-in ready with both a traditional living room and a cozy family room. Enjoy a renovated open-concept kitchen flowing into the family and dining areas, accented by a skylight for added natural light. The family room features a built-in electric fireplace with speakers and French doors leading to a spacious deck, also accessible from the office area. The primary suite includes a full bath and private access to the deck. Full basement with French doors leading to a large backyard with room to play or relax. Updates include newer siding (2025), windows (2025), roof (2023), and front door (2024). Recently completed full-home air duct cleaning. A perfect mix of comfort, style, and modern updates!

Ruth Premo 815.978.5613

3 BD | 2/1 BA | 2,000 SQ FT

101 East Chicago Avenue | Davis Junction

$215,000

Embrace the charm of this classic home on the inviting wrap-around porch, a welcoming space full of character and curb appeal. Inside, you'll find a well-designed layout featuring a spacious living area, formal dining room, and a large family room - perfect for everyday living and entertaining alike. All three bedrooms are tucked upstairs, providing privacy and comfort, while the convenience of first-floor laundry adds a practical bonus for busy households. Energy-conscious buyers will appreciate the solar panel system. Outside, the .31 acre corner lot provides a generous fenced backyard - ideal for pets, activities, and weekend gatherings. Some photos are virtually staged. 38 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Brandon Box 779.207.5239 bbox@gogambino.com

Residential Single Family

414 Hilton Avenue | Rockford

$184,900

125 E 5th Street | Pecatonica

$178,900

3 BD | 2 BA | 2,080 SQ FT

3 BD | 1/1 BA | 1,784 SQ FT

Welcome to this all-brick ranch that blends classic charm with modern updates. The eat-in kitchen features newer cabinets, sleek countertops, and ceramic tile flooring. Relax in the cozy living room featuring a wood burning fireplace and laminate flooring that flows into the dining area. The finished lower level is a true bonus, offering a second fireplace, ample space for gatherings, recreation, or relaxation, plus a large bonus room. Conveniently located close to all amenities, this home is move-in ready!

Stately three bedroom two-story home brimming with old-world charm just minutes from Pecatonica! A pillared front porch welcomes you to a light, bright open concept design with nine foot ceilings, distinctive beaded natural woodwork, wide baseboards, and hardwood under carpet. Real country kitchen with breakfast bar, ample counter space, and loads of windows opens to a delightful knotty pine 11’x19’ four-season room with cozy wood burner. Lovely yard with pine and shade tree.

Jay Dowthard

Ginny Meyer

815.289.7530 jdowthard@GoGambino.com

815.262.8082 gmeyer@GoGambino.com

www.GoGambino.com | 39

SOLD

3 BD | 2 BA | 1,950 SQ FT

3332 Wesleyan Avenue | Rockford

$189,900

Discover this stunning, ranch-style home in the heart of Rockford. Thoughtfully updated, it features three spacious bedrooms and two bathrooms, providing ample room for relaxation and convenience. The home boasts newer appliances, elegant, refinished hardwood floors, and newly installed LVP flooring, creating a warm and inviting atmosphere throughout. Entertain guests or unwind outdoors on the large, covered patio and finished basement, while the generous two car garage offers plenty of storage for vehicles and hobbies. Perfectly located near local schools, this property blends comfort, style, and accessibility—ideal for locals and commuters seeking the best of affordable Rockford living. 40 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Mark Fiorello 815.670.4129 mfiorello@gogambino.com

Residential Single Family

2217 16th Avenue Rockford $127,000

410 Oakley Avenue Rockford $115,000

2 BD | 1 BA | 1,349 SQ FT

3 BD | 1 BA | 1,440 SQ FT

Tracy Suyko

Tina Tendall/Amanda Clark

815.289.1130

815.623.5555

2222 Mulberry Street Rockford $119,000

417 Loves Court Loves Park $115,000

3 BD | 1 BA | 1,144 SQ FT

3 BD | 1 BA | 976 SQ FT

Korky Williams

Matt Koch

815.494.7812

815.543.7945

2511 Ashland Avenue Rockford $119,000

1215 6th Avenue Rockford $109,900

3 BD | 1 BA | 1,252 SQ FT

4 BD | 2 BA | 1,792 SQ FT

Jay Dowthard

Jeffrey Brito

8815.289.7530

815.505.8589

www.GoGambino.com | 41

4 BD | 1/1 BA | 2,170 SQ FT

2910 19th Avenue | Rockford

$185,000

Tucked away on a cul-de-sac, this charming one-and-a-half-story Cape Cod home features four bedrooms and two baths and offers the perfect blend of comfort, privacy, and convenience. Approximately 1,750 square feet of living space, you will enjoy the functional layout throughout. Stylish, newer countertops that elevate the kitchen space. A fenced backyard is ideal for pets, play, or entertaining. Located on a dead-end street for added peace and minimal traffic. Whether you are hosting gatherings or enjoying a quiet evening at home, this property offers the serenity you have been looking for. 42 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Heather Porter 815.988.7443 hporter@gogambino.com

3 BD | 2 BA | 1,812 SQ FT

328 South Vale Avenue | Rockford

$184,000

Charming home! The attractive landscaping adds to the property's curb appeal. Inside you will find a spacious living room bathed in natural light, with gleaming hardwood floors that create a warm, inviting atmosphere. The dining room, adorned with an original mural, opens into a cozy four-season room, providing a charming space for relaxation and overlooks the fenced backyard. The updated kitchen blends old-world character with modern convenience, featuring granite countertops. The lower level boasts a recreation room, dedicated workroom, and a convenient laundry area. Situated in a quiet area near schools, shopping, and parks, this home is ready to welcome you!

David Palmer 815.566.2437 dpalmer@gogambino.com www.GoGambino.com | 43

Residential Single Family

SOLD

1821 24th Street | Rockford

SOLD

$215,000

1611 Horsman Street | Rockford

$123,750

4 BD | 1/1 BA | 3,032 SQ FT

2 BD | 1/1 BA | 1,114 SQ FT

Classic charm in this Cape Cod located in an established neighborhood. Many original features, home blends traditional craftsmanship with thoughtful updates, creating a delightful and warm atmosphere. Original hardwood floors, classic trim and crown molding. Updated kitchen, carpet in family room, paint throughout house. Bonus upstairs nook – great for reading, working, or play space. Private backyard – fenced and landscaped with mature trees, patio space, and room to garden or play.

Discover this meticulously maintained two bedroom gem. From the classic curb appeal to the hardwood floors that flow through the main level, this home radiates warmth. Entertain with ease in the generous formal living room and dining room. The updated kitchen features all you need, and the charming, lighted breakfast nook is the perfect spot to start your day. A serene enclosed back porch offers a quiet retreat. The finished basement adds valuable living space, and the fenced yard is great for pets.

Tina Tendall/Amanda Clark

Miguel Lobato

815.623.555 tinaandamanda@GoGambino.com

815.494.7905 mlobato@GoGambino.com

44 | GRHG | VOLUME SIX | ISSUE SIX | 2025

3 BD | 2 BA | 1,180 SQ FT

912 King Street | Rockford

$132,900

Discover this charming, raised ranch offering comfortable living space. Enjoy a bright, open main level featuring a cozy wood-burning fireplace and an inviting kitchen and dining area with easy access to the fenced backyard—perfect for pets and gatherings. Major updates completed in 2022 include the furnace, A/C, water heater, and windows for added peace of mind. The lower level provides extra living space and convenient access to the one-stall attached garage. A well-maintained home with great functionality and modern comfort.

Tarah Manthei-Dumas 815.821-1466 tmantheidumas@gogambino.com www.GoGambino.com | 45

Residential Single Family

SOLD

46 | GRHG | VOLUME SIX | ISSUE SIX | 2025

1622 Latham Street Rockford $120,000

SOLD

2834 Hanson Street Rockford $90,000

3 BD | 2 BA | 1,566 SQ FT

3 BD | 1 BA | 1,015 SQ FT

Miguel Lobato

Matt Koch

815.494.7905

815.543.7945

915 River Park Drive Loves Park $96,000

SOLD

7713 Mildred Road Machesney Park $76,000

3 BD | 1 BA | 780 SQ FT

4 BD | 1 BA | 1,428 SQ FT

David Palmer

Jean Campbell

815.566.2437

815.505.8336

3 BD | 1 BA | 1,077 SQ FT

1616 26th Street | Rockford

$132,000

This cozy three bedroom, one bath ranch provides classic mid-century charm with modern potential. The main level features two connected bedrooms and a third individual bedroom, providing a unique, flexible living setup. A bright, great room allows for plenty of space for relaxing and dining, and flows into a goodsized kitchen and on into the large, fenced backyard, where a detached two car garage provides plenty of space for storage. The partially finished basement includes a bonus room ready for your vision, a large laundry area, and even more storage.

Margaret Bowen 815.222.5665 mbowen@gogambino.com www.GoGambino.com | 47

Residential Mobile Home

$92,000 3 BD | 2 BA | 1,400 SQ FT

$85,000 3 BD | 2 BA | 1,340 SQ FT

$84,900 3 BD | 2 BA | 1,120 SQ FT

$69,000 3 BD | 2 BA | 1,568 SQ FT

$64,900 2 BD | 2 BA | 1,456 SQ FT

405 Club Circle | Belvidere

2073 Sunset Lane | Belvidere

498 Park Avenue | Belvidere

823 Fox Lane | Belvidere

2150 Ivy Lane | Belvidere

Scot Craig | 815.985.8806

SOLD

$55,000 3 BD | 2 BA | 1,456 SQ FT

$51,000 3 BD | 2 BA | 1,216 SQ FT

5329 Marble Lane | Loves Park

384 Tulip Court | Belvidere

Scot Craig | 815.985.8806

$44,900 3 BD | 2 BA | 1,008 SQ FT

$44,000 3 BD | 2 BA | 826 SQ FT

5102 Flagstone Drive | Loves Park

5331 Quartz Drive | Loves Park

Tracy Suyko | 815.289.1130

Claudia Hernandez | 815.262.7472

48 | GRHG | VOLUME SIX | ISSUE SIX | 2025

SERVING NORTHERN ILLINOIS SINCE 1923

LOOKING FOR A NEW HOME? WANT TO FIND OUT HOW MUCH YOUR CURRENT HOME IS WORTH?

CALL US! 815.282.2222 www.GoGambino.com

2 BD | 1 BA | 825 SQ FT

1726 15th Avenue | Rockford

$84,900

Welcome to this well-maintained home, featuring fresh interior paint throughout, including the basement, and brand-new carpet, ready for you to move right in! The home offers a comfortable layout and includes a one stall garage for convenient parking or extra storage. Enjoy peace of mind with recent updates, including a new furnace (2022), water heater (2020), and garage door (2022). The home is also fitted with Window World windows (installed in 2007), which come with a transferrable lifetime guarantee-a valuable bonus for future owners! Whether you're a first-time homebuyer, looking to downsize, or seeking a solid investment, this home offers comfort, efficiency, and lasting value. Don't miss your opportunity!

Tarah Manthei-Dumas 815.821-1466 tmantheidumas@gogambino.com www.GoGambino.com |49

Residential Single Family

803 Houghton Street Rockford $109,900

1816 N Winnebago Street Rockford $74,900

2 BD | 2 BA | 776 SQ FT

2 BD | 1 BA | 1,009 SQ FT

Aimee Leon

Jackie Tabor/Jessica Tabor

815.516.7879

815.520.6134/815.980.1879

2024 Green Street Rockford $103,000

50 | GRHG | VOLUME SIX | ISSUE SIX | 2025

SOLD

1136 Jackson Street Rockford $70,000

3 BD | 2 BA | 1,638 SQ FT

3 BD | 1/1 BA | 1,330 SQ FT

Olympia Standfield

Miguel Lobato

815.978.3866

815.494.7905

SOLD

CONDO | 3 BD | 3 BA | 1,778 SQ FT

5676 Northcliffe Lane | Rockford

$360,000

Experience refined comfort in one of Rockford's most sought-after neighborhoods. This beautifully designed condo offers a rare combination of sophistication, space, and serenity-ideal for those seeking a low-maintenance lifestyle. Enter a light-filled, open-concept interior with graceful architectural details and seamless flow throughout. Huge kitchen with sliding doors to deck overlooking a beautifully landscaped private backyard. Lovely main bedroom ensuite with whirlpool tub, separate shower, and split double vanities. Spacious lower level with partial exposure features third bedroom, full bath, and versatile family room. Indulge in timeless style, quiet sophistication, and effortless elegance.

Connie Paris 815.637.0165 cparis@gogambino.com www.GoGambino.com | 51

Residential Condominium

SOLD

1052 Tebala Boulevard Rockford $315,000

4669 High Point Dr #56 Rockford $179,900

2 BD | 2 BA | 1,572 SQ FT

2 BD | 2 BA | 1,367 SQ FT

David Tyrawa

John Sweeney

815.222.9423

815.262.5769

1054 Tebala Boulevard Rockford $315,000

2929 Sunnyside Dr #267D Rockford $104,000

2 BD | 2 BA | 1,572 SQ FT

1 BD | 1 BA | 808 SQ FT

David Tyrawa

Rose Gagnon

815.222.9423

815.262.7766

6458 Old Hunters Run Rockford $300,000 2 BD | 3 BA | 2,581 SQ FT

David Bowers 815.520.4091

52 | GRHG | VOLUME SIX | ISSUE SIX | 2025

HOW TO CHOOSE THE RIGHT MULTIFAMILY PROPERTY FOR YOUR INVESTMENT GOALS

When it comes to building a successful real estate portfolio, selecting the right multifamily property is crucial. Multifamily properties, which include duplexes, triplexes, and apartment complexes, can offer investors significant income potential and diversification. However, not all multifamily properties are created equal, and making the wrong choice can lead to financial setbacks. Here are two key factors to consider when evaluating multifamily properties to align with your investment goals. 1. Understanding Your Investment Goals Before diving into the multifamily property market, it's essential to have a clear understanding of your investment goals. Are you looking for short-term cash flow, longterm appreciation, or a combination of both? Each goal requires a different investment approach and property characteristics. For instance, if your primary goal is to generate immediate cash flow, focus on properties in high demand and locations with strong occupancy rates. Analyze local rental trends and ensure that the property can sustain positive cash flow after accounting for expenses like maintenance, property management fees, and vacancy rates. Conversely, suppose you're more interested in long-term appreciation. In that case, you might consider properties in revitalizing neighborhoods where property values are expected to rise over time, even if they currently yield lower cash flow. Additionally, consider your risk tolerance. Developed areas might offer stability but less potential for rapid growth, while emerging neighborhoods can provide high returns but come with increased risk. Balancing these factors will help you identify multifamily properties that align with your financial objectives. 2. Evaluating Location and Market Trends The location of a multifamily property significantly influences its performance and value. Invest time in researching neighborhoods that match your investment strategy. Factors such as proximity to schools, public transportation, employment, and amenities play a vital role in attracting tenants and maintaining a high occupancy rate. Look for market trends within the area, including employment rates, population growth, and rental demand. Markets with growing job opportunities often attract new residents, increasing demand for rental units. Additionally, areas undergoing development or revitalization can signal future appreciation potential. A key tool in evaluating market trends is conducting a comparative market analysis (CMA). This process involves analyzing similar properties in the area to understand pricing, rental rates, and occupancy levels. A thorough CMA done by a Gambino agent will equip you with the data necessary to make informed decisions and negotiate effectively. Choosing the right multifamily property involves a careful assessment of your investment goals and the market environment. Understanding your objectives will direct you towards properties that meet your specific financial needs, while evaluating location and market trends ensures that you make a sound investment in a promising area. By combining these strategies, you'll be better positioned to build a successful multifamily portfolio that aligns with your financial aspirations. With thorough research, a strategic approach, and a Gambino real estate professional, you can navigate the multifamily real estate market with confidence and achieve your investment goals.

www.GoGambino.com | 53

48,600 SF | INDUSTRIAL

220 North Water Street | Rockford

$1,675,000

Bring your creativity to this project located in Rockford with 132 feet of shoreline on the Rock River. This building has so many possibilities! The current owner envisioned apartments on the top floors, commercial on the main floor, with a dockside restaurant on the river level. It is ready to develop with so many tasks and updates already completed for you! National Park Service Historic Part 1 approved for historic tax credit. The property is currently located within the Rockford River Edge Redevelopment Zone. The City will make available action to assist Developer in establishing eligibility for financial incentives for the Project through the River Edge Redevelopment Program administered by the State of Illinois. 54 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Tina Tendall | Amanda Clark 815.623.5555 tinaandamanda@gogambino.com

Commercial

OFFICE FOR SALE $1,995,000 | 10,050 SQ FT

RETAIL - COMMERCIAL $1,625,000 | 25,750 SQ FT

SPECIALTY FOR SALE $1,150,000 | 8,967 SQ FT

OFFICE FOR SALE $1,100,000 | 13,963 SQ FT

OFFICE FOR SALE $899,000 | 12,616 SQ FT

450 Coronado Drive | Rochelle

3212-14 Auburn Street | Rockford

1100 N Lyford Road | Rockford

7264-7282 Argus Drive | Rockford

2202 Harlem Road | Loves Park

Tom Ewing | 815.703.6677

Jennifer Berry | 815.871.6156 Tom Ewing | 815.703.6677

Tom Ewing | 815.703.6677

Tom Ewing | 815.703.6677 Tina Tendall | 815-623.5555

Tom Ewing | 815.703.6677

RETAIL FOR SALE/LEASE

5980 E State Street | Rockford | $300,000/$19.90/ANNUAL SF + NNN

5,551 SQ FT | PRIME LOCATION

Are you ready to own and operate your own neighborhood hotspot? Oscar's Bar & Grill, a well-known favorite is now available for purchase under an affordable lease-assignment agreement. Prime location with excellent visibility and parking. Ready to operate immediately just turn the key and start serving!

Jennifer Berry | 815.871.6156 | jberry@GoGambino.com

www.GoGambino.com | 55

Commercial

SPECIALTY FOR SALE $305,000 | 31,103 SQ FT

INDUSTRIAL FOR SALE $239,900 | 8,750 SQ FT

INDUSTRIAL FOR SALE $200,000 | 5,400 SQ FT

RETAIL FOR SALE $199,900 | 5,000 SQ FT

OFFICE FOR SALE $150,000 | 4,032 SQ FT

921 W State Street | Rockford

3001-3009 Kishwaukee St |Rockford

101-103 Haskell Street | Beaver Dam, WI

3014 Auburn Street | Rockford

210 N Longwood Street | Rockford

Tom Ewing | 815.703.6677

Tina Tendall | 815.623.5555

Miguel Lobato | 815.494.4905

Tom Ewing | 815.703.6677

RETAIL FOR LEASE $NEGOTIABLE | 25,310 SQ FT

OFFICE FOR LEASE $NEGOTIABLE | VARIOUS SF

OFFICE FOR LEASE $1,422/MO + CAMS | 1,122 SQ FT

RETAIL FOR LEASE $22.00/ANNUAL SF + NNN

RETAIL FOR LEASE $13-17/ANNUAL SF + NNN

112 S State Street | Belvidere

4949 Harrison Avenue | Rockford

1463 S Bell School Road | Rockford

10121 N 2nd Street | Machesney Park

7038 Walton Street | Rockford

Jennifer Berry | 815.871.6156

Tina Tendall | 815.623.5555

Jennifer Berry | 815.871.6156

OFFICE FOR LEASE $800/MONTH SF | 800 SQ FT

OFFICE FOR LEASE $700/MO + OTHER | 773 SQ FT

RETAIL FOR LEASE $9.00/ANNUAL SF + NNN

1437 S Bell School Road | Rockford

1463 S Bell School Road | Rockford

3702 #A N Main Street | Rockford

3708 #C N Main Street | Rockford

3728 N Main Street | Rockford

Tina Tendall | 815.623.5555

Tom Ewing | 815.703.6677

56 | GRHG | VOLUME SIX | ISSUE SIX | 2025

6103 Forest Hills Road Rockford $550,000 Church | 6,930 SF Site is 4.68 Acres (203,748 SF) Versatile church and institutional campus, move-in ready. Exceptional opportunity to acquire a wellmaintained, highly adaptable church property in one of Rockford’s most desirable corridors. This campus-style site offers a flexible layout that transitions seamlessly for worship, education, community services, and missiondriven operations. The sanctuary seats approximately 200, and there are multiple classrooms, offices, fellowship halls, gathering rooms, and a kitchen. The paved lot offers 60 parking spaces. Gorgeous setting amidst mature landscaping and generous outdoor areas for seasonal activities and quiet reflection. Located on two pins that are currently tax-exempt. Many possibilities for a diverse range of organizations in this turnkey property in a great location.

Tom Ewing 815.703.6677

Commercial

3720 N Main Street Rockford $9.00/ANNUAL SF + NNN

1,140 SQ FT

Tom Ewing

815.703.6677

RETAIL FOR LEASE

4583 American Road Rockford $7.50/ANNUAL SF

32XX S Alpine Road Rockford $675,000

5,800 SQ FT

6.23 ACRES

Tina Tendall

Tom Ewing

815.623.5555

815.703.6677

LAND FOR SALE

INDUSTRIAL FOR LEASE

RETAIL FOR LEASE 58 | GRHG | VOLUME SIX | ISSUE SIX | 2025

3742 N Main Street Rockford $6.00/ANNUAL SF + NNN

650 N Main Street Rockford $125,000

6,270 SQ FT

0.55 ACRES

Tom Ewing

815.703.6677

LAND FOR SALE

Commercial

MULTI-FAMILY (12 Units) $1,399,000 | 3,837 SQ FT

MULTI-FAMILY $560,000 | 3,690 SQ FT

MULTI-FAMILY $392,000 | 3,544 SQ FT

MULTI-FAMILY $285,000 | 5,332 SQ FT

MULTI-FAMILY $249,900 | 1,800 SQ FT

1324 Evelyn Street | Rockford

820 Cottage Grove Avenue | Rockford

3786-3788 Sage Drive | Rockford

1131 N Main Street | Rockford

5864 Dafred Drive | Rockford

Tina Tendall/Amanda Clark 815.623.5555

Aimee Leon | 815.7879

Tina Tendall/Amanda Clark 815.623.5555

MULTI-FAMILY $186,000 | 1,512 SQ FT

MULTI-FAMILY $182,000 | 1,312 SQ FT

MULTI-FAMILY $143,900 | 2,016 SQ FT

MULTI-FAMILY $129,900 | 1,772 SQ FT

MULTI-FAMILY $99,900 | 2,125 SQ FT

3035 Chateau Lane | Rockford

3212 Searles Avenue | Rockford

1710 16th Avenue | Rockford

408 S Gardiner Avenue | Rockford

1103 West Street | Rockford

Jay Dowthard | 815.289.7530

Tarah Manthei-Dumas | 815.821.1466

Miguel Lobato | 815.494.7905

Tony Badaluco | 815.985.4190

www.GoGambino.com | 59

Vacant Land

$6,000,000 12.74 ACRES

$5,500,000 17.42 ACRES

$1,900,000 119.45 ACRES

$186,000 1.24 ACRES

XXX TBD | Beloit, WI

XXXX Gateway Boulevard | Beloit, WI

11635 Wange Road | Capron

24XX S Main Street Lot 2 | Rockford

Pat Bellinghiere | 815.871.1745

Miguel Lobato | 815.494.7905

Tina Tendall/Amanda Clark 815.623.5555

$115,000 1.57 ACRES

$89,900 4.42 ACRES

$78,900 1.61 ACRES

$69,900 0.71 ACRES

4980 N Main Street | Rockford

7795 Weldon Woods Close | Rockford

11999 Oakridge Road | Caledonia

2820 N 1st Street | Dekalb

Tina Tendall/Amanda Clark 815.623.5555

Mike Weerda | 815.985.2895

Tina Tendall/Amanda Clark 815.623.5555

$69,500 0.29 ACRES

$65,900 0.27 ACRES

$62,050 1.05 ACRES

$59,900 1.03 ACRES

3771 & 3773 Lakeview Drive | Winnebago

5065 Browns Beach Road | Rockford

909 Darwin Drive | Machesney Park

3349 Mill Road | Cherry Valley

Tina Tendall/Amanda Clark 815.623.5555

Jay Dowthard | 815.289.7530

David Tyrawa | 815.222.9423

Jayson Shull | 815.978.6489

60 | GRHG | VOLUME SIX | ISSUE SIX | 2025

Vacant Land

$59,900 1.77 ACRES

$59,000 0.40 ACRES

$40,000 0.26 ACRES

$17,900 0.75 ACRES

7952 Weldon Woods Close | Rockford

23XX S Main Street Lot 1 | Rockford

XXXX E Lincoln Highway | Dekalb

7XX Homestead Lane | Rockford

Mike Weerda | 815.985.2895

Tina Tendall/Amanda Clark 815.623.5555

Mike Weerda | 815.985.2895

$15,000 0.18 ACRES

$7,900 0.15 ACRES

$6,750 0.14 ACRES

$6,000 0.15 ACRES

711 E Pearl Avenue | Loves Park

3122 18th Street | Rockford

6XX Cambridge Avenue | Rockford

803 Island Avenue | Rockford

Stefanie Yarber | 815.995.0836

John Sweeney | 815.262.5769

Jay Dowthard | 815.289.7530

$6,000 0.14 ACRES

$5,500 0.14 ACRES

$5,000 0.22 ACRES

821 Island Avenue | Rockford

XXX N Brewster Avenue | Freeport

540 Eastern Avenue | South Beloit

Jay Dowthard | 815.289.7530

Jackie Tabor | 815.520.6134 Jessica Tabor | 815.980.1879

Pat Bellinghiere | 815.871.1745

www.GoGambino.com | 61

YOUR CAREER STARTS HERE

MENTORING & GUIDING REALTORS SINCE 1923

TAKE YOUR First Step - Schedule a visit today Heather CARTER | MENTORSHIP DIRECTOR | 815.519.2969 | hCARTER@GoGambino.com ADDITIONAL RESOURCES CAN BE FOUND AT WWW.GOGAMBINO.COM/CAREERS.HTML