LOPEZ ERIKA sells 659 Chester Ave., Elgin

The home at 659 Chester Ave., Elgin was sold on May 8 by LOPEZ ERIKA for $219,000.

The buyer was MARES ADOLFO.

The property tax paid for this property in 2022 was $3,289. This is 1.5% of the sale price of the home.

This property is one of 112 sales in Elgin (Kane County) from April 8 to May 8.

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.