Victor Arreaga and Marilu Garcia acquire 10720 S. Washington St. 205, Oak Lawn, appraised at $240,000

The home at 10720 S. Washington St. 205, Oak Lawn, was sold on May 28 by Gloria J. Meyer (trustee) and Gloria J. Meyer (trust) for $240,000.

Victor Arreaga and Marilu Garcia were listed as the buyers.

Property taxes on the home totaled $4,604 in 2024, or 1.9% of the sale price.

This property is one of 75 sales in Oak Lawn, Cook County, between April 28 and May 28.

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.