Slobodan Aleksov and Claudia Petrelli-Aleksov purchase 7661 N. Neva Ave., Niles, appraised at $465,000

The home at 7661 N. Neva Ave., Niles, was sold on June 2 by Kenneth J. Babiez (trustee), Mary Louise Babiez (trustee) and Babiez (trust) for $465,000.

Slobodan Aleksov and Claudia Petrelli-Aleksov were listed as the buyers.

Property taxes on the home totaled $8,177 in 2024, or 1.8% of the sale price.

This property is one of 37 sales in Niles, Cook County, between May 2 and June 2.

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.