Jiyeon Lee and Hongliang LI buy 8340 Callie Ave. E.-402, Morton Grove

The home at 8340 Callie Ave. E.-402, Morton Grove, was sold on May 22 by Parag and Shweta Shah Jain for $465,500.

Jiyeon Lee and Hongliang LI were listed as the buyers.

Property taxes on the home totaled $9,958 in 2024, or 2.1% of the sale price.

This property is one of 32 sales in Morton Grove, Cook County, between April 22 and May 22.

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.