8502 N. Oketo Ave., Niles acquired by Shushma Kumari Majhi and Ashok K Chaudhary

The home at 8502 N. Oketo Ave., Niles, was sold on June 18 by Chicago Title Land Trust Co. (trustee) and Trust Number 8002358581 for $474,000.

Shushma Kumari Majhi and Ashok K Chaudhary were listed as the buyers.

Property taxes on the home totaled $2,567 in 2024, or 0.5% of the sale price.

This property is one of 32 sales in Niles, 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.