871 Peach Tree Lane, Glencoe sold on April 18

The home at 871 Peach Tree Lane, Glencoe was sold on April 18 by James Sullivan (trustee), Meryl Elaine Sullivan (trustee) and James Sullivan (trust) for $1.2 million.

The buyers were Peter M. Friend (trustee), Peter M. Friend (trust), Marjorie J. Friend (trustee) and Marjorie J. Friend (trust).

The property tax paid for this property in 2023 was $19,767. This is 1.6% of the sale price of the home.

This property is one of 13 sales in Glencoe (Cook County) from March 18 to April 18.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.