Illinois Valley Homes A NewsTribune Publication | August 19, 2026
MLS #12712192 - 321 Park Ave E - Princeton - $400,000 FEATURED PROPERTY History greets you at the door of this venerable Princeton estate. On the main floor, you’ll find a spacious living room with a gas fireplace, an office, a full bathroom, laundry, a roomy kitchen with a pantry, and a dining room with bay windows and coffered ceiling. Four bedrooms and a full bath on the second floor. The home is filled with unique and elegant chandeliers and woodwork.The grand front porch is perfect for entertaining and lounging, and the corner lot allows for extra yard space. Full unfinished basement, attached one-car garage, and detached two-car garage for all of your storage needs. Property sold as-is. This is a rare opportunity to own a piece of Princeton’s history, and to make yourself a part of it.
See listing on page 4
NewsTribune / shawlocal.com/news-tribune • Monday, October 1, 2035
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SAME AGENTS SAME LOCATION SAME GREAT SERVICE Barb Bryant 815-252-3036
SM-LA2341654
Dickerson & Nieman Realtors 2011 Rock St, Suite A ,Peru, Larry Holen,Designated Managing Broker
Andrea Greenwalt 815-878-1488
Theresa Washkowiak 815-481-4663
Katrina Jarrell-Holmes 815-228-9779
Erin Karlosky 815-719-7048
Kathy Zidow 815-488-4874
Christine & Jerry Schweickert 815-488-2990
Dan Orozco 815-326-2208
Martha Moscosa 815-993-0804
Linda Kaszynski 815-228-5622
Royce Mignone 815-252-9997
Erik Milaicki 815-228-2289
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821 Bernal Ct Spring Valley $395,000 #12671437
1536 & 1546 Laharpe St LaSalle $212,000 #12584882
1117 Hennepin St LaSalle $190,000 #12651366
314 S High St Granville $180,000 #12528562
827 N 3450th Rd Utica $300,000 #12603433
200 E Dakota St Spring Valley $245,000 #12473612
1606 Prospect Ave LaSalle $220,000 #12686303
1074 N 2nd Rd Dana $189,000 #12711927
1421 25th St Peru $239,900 #12671028
1015 8th St LaSalle $114,900 #12511548
602 W 2nd North St Wenona $190,000 #12711161
316 7th St LaSalle $129,900 #12486558
1141 6th St LaSalle $168,000 #12467104
630 Bucklin St LaSalle $169,500 #12699275
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1981 E 8th Rd Tonica $450,000 #12636691
NEWSTRIBUNE NewsTribune / shawlocal.com/news-tribune • Monday, October 1, 2035
1500 Tonti St LaSalle $375,000 #12691418
Dickerson & Nieman Realtors 2011 Rock St, Suite A, Peru, IL 61354 815-223-3875
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NewsTribune / shawlocal.com/news-tribune • Monday, October 1, 2035
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People who have shopped for homes at any point over the last few years are undoubtedly aware that inventory is low. While low inventory has affected home prices and priced some buyers out of certain markets, the good news is the tide may have started to change as 2023 drew to a close. In fact, a December 2023 report from the National Association of Realtors® indicated home sales rose by nearly 1 percent in November, a month during which single-family home construction also rose by 18 percent compared to October. Each of those figures could prove a harbinger of good things to come for buyers in 2024. But it can still pay dividends for such buyers to prepare themselves to buy in a low inventory real estate market. • Prepare to offer more than asking price. Data from the NAR indicates nearly one-third of all homes (28 percent) purchased in October 2023 sold for above asking price. When buyers have fewer homes to choose from, the competition for homes on the market increases, and that typically means
buyers will offer more than asking price for homes they truly want. It might not be necessary to offer more than asking price on a given home, but it’s something buyers in a low inventory market must be ready to do. • Prepare to find additional money, if necessary. Offering more than asking price can be tricky, particularly if a buyer’s offer exceeds the appraised value of the home. The real estate listing service Trulia notes that most lenders will not approve a mortgage for more than the appraised value of a home. Conventional wisdom may indicate it’s never a good idea to offer more for a home than it’s appraised value, but that scenario has played out with greater frequency in the current low inventory market. Buyers who feel they need to offer more than the appraised value to get a home will have to come up with the extra funds to make up the difference that their mortgage won’t cover. • Flexibility can be your friend. A low inventory market is a seller’s market. Buyers who can be flexible in
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What to know about buying a home in a low inventory market
regard to seller’s demands and requests might be getting the keys to a new home faster than those who are not as accommodating. Some sellers may request a quick closing, while others may need extra time in the home until they can move into their own new property. Entering the process with the intention of being flexible can be an advantage for buyers in a low inventory market. • Patience can prevail. It might seem as though there will never again be ample inventory on the real estate market. However, the increase in single-family home construction and forecasts predicting mortgage rates will drop suggest the real estate market could feature more inventory in the months to come. Buyers concerned about going over-budget or making a hasty decision are urged to remain patient if they cannot find a home that
works for them personally and financially. A low inventory real estate market may not be normal. But savvy buyers can still navigate such a market and find a home they love. RE244819in a low inventory real estate market. • Prepare to offer more than asking price. Data from the NAR indicates nearly one-third of all homes (28 percent) purchased in October 2023 sold for above asking price. When buyers have fewer homes to choose from, the competition for homes on the market increases, and that typically means buyers will offer more than asking price for homes they truly want. It might not be necessary to offer more than asking price on a given home, but it’s something buyers in a low inventory market must be ready to do.
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ffeatured fe atured homes 195 Breezy Point Ct. | Varna, IL
1419 Shoreline Dr. | Varna, IL
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Move-in-ready waterfront retreat nestled among trees at Lake Wildwood
Spacious 5-bedroom, 3-bath waterfront home at Lake Wildwood
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NewsTribune / shawlocal.com/news-tribune • Monday, October 1, 2035
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Waterfront Lake Wildwood Homes
152 Beachview Ct. - pending 1127 Loganberry Ln. $599,999 waterfront
1241 Sunnyslope Dr. $395,000
Lakewildwood Homes
Lake k Wildwood Lots ke
1127 Loganberry Ln. $599,999374 Bonnie Ct. $4,500 152 Beachview Ct. $499,999 926 Broad Acres Ln. $3,500
1315/16 Hidden Valley Dr. $12,000 double lot 1184 Lake Wildwood Dr. $4,000 new 1487/88 Lake Wildwood Dr. $15,000 double corner lot 1105 Jay Ct. $5,900 corner lot 1014 Hidden Valley Dr. $4,800 1729/30/31 Tanglewood Dr. $21,000 1784 Tanglewood Dr. $3,500 735 Brookside Dr. $5,000 1043 Hidden Valley Dr. $8,500 corner lot 78 Lakewood Dr. $4,500 472 Lake Wildwood Dr. $3,800 new
815.252.2713
909 Lake WIldwood Dr. $4,200 1050 Spring Mill Ct. $4,500 839 Lake Wildwood Dr. $4,250 1742 Tanglewood Dr. $4,950 1866 Tanglewood Dr. $3,500 new 1542 Key Ct. $5,000 651 Lake Wildwood Dr. $4,000 1061 Hidden Valley Dr. $3,800 630 Brookside Dr. $3,900 827 Brookside Dr. $4,500 1185 Lake Wildwood Dr. $4,000 new
815.760.2204
815.252.2713
815.760.2204
815.252.4071
815.252.4071
815.481.2411
815.481.2411
663 Rollingwood Pl. - pending
705 Cedar Ct. $475,000
1025/26/27 Plum Circle $25,000 530 Rollingwood Pl. $11,000 431/32 Lake Wildwood Dr. $14,000 double lot 1829 Tanglewood Dr. $3,800 waterfront 66 Brookside Dr. $4,500 997 Hidden Valley Dr. $3,800 new 1673 Lakeside Ct. $7,500 waterfront 1473/74 Chevy Chase Dr. $11,500 double lot 783 Lake Wildwood Dr. $10,000 new new 1720/21 Tanglewood Dr. $14,000 double lot 1668 Lakeside Ct. $16,000 waterfront
309.312.0180
309.312.0180
815.822.7277
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1540 Key Ct. $3,500 new price 650 Lake Wildwood Dr. $4,300 932 Willow Wood Dr. $4,200 755 Lake Wildwood Dr. $6,000 481 Earl Miller Dr. $4,500 617 Brookside Dr. $5,000 801 Brookside Dr. $4,000 new 480 Earl Miller Dr. $4,500 new 595 Cardinal Dr. $3,800 488 Lake Wildwood Dr. $4,000 615 Brookside Dr. $3,200
815.343.1512
815.343.1512
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LaSalle • Joliet
Come home to beautiful
Missy Clancy NMLS# 759336 Mortgage Loan Officer - AVP 815-220-2288 | mclancy@myhtnb.com
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Jess Newcomer Retail Loan Officer Mendota 815.539.3834 NMLS#1706593
Robert (Bob) Suarez Community President Peru 815.224.4484 NMLS #477891
Tara Stefanich Mortgage Originator Ottawa 815.433.3727 NMLS #688620
Ashley Rzasa Loan Officer/ Branch Manager Streator 815.673.4381 NMLS #1900504
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Make Your Dream Home a Reality
Melissa Maurice Loan Officer/ Branch Manager Peru 815.224.4484 NMLS #1014484
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NewsTribune / shawlocal.com/news-tribune • Monday, October 1, 2035
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