Sheldon W. and Lene J. Brookbank acquire 725 North Lake Shore Drive, Tower Lakes, appraised at $775,000

The home at 725 North Lake Shore Drive, Tower Lakes, was sold on May 7 by Brady (trust) for $775,000.

Sheldon W. and Lene J. Brookbank were listed as the buyers.

Property taxes on the home totaled $14,216 in 2023, or 1.8% of the sale price.

This property is the only sale in Tower Lakes, Lake County, between April 7 and May 7.

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.