827 N. Gibbons Ave., Arlington Heights sold on June 18

The home at 827 N. Gibbons Ave., Arlington Heights, Cook County, was sold on June 18 by Diane and Leonard Olson for $490,000.

Lombard Oak Partke LLC and Ininois Ltd. LLC were listed as the buyers.

Property taxes on the home totaled $9,044 in 2024, or 1.8% of the sale price.

This property is one of 132 sales in Arlington Heights, Cook County, between May 18 and June 18.

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.