Mary Biel purchases 1290 Balmoral Ave., Calumet City, appraised at $58,000

The home at 1290 Balmoral Ave., Calumet City, was sold on May 21 by Auctioncom LLC for $58,000.

Mary Biel was listed as the buyer.

Property taxes on the home totaled $5,087 in 2024, or 8.8% of the sale price.

This property is one of 29 sales in Calumet City, Cook County, between April 21 and May 21.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.