Richard M. Potocki sells 551 Shaker Lane, Lake Zurich

The home at 551 Shaker Lane, Lake Zurich, was sold on June 5 by Richard M. Potocki for $577,000.

Jonathan Meeks and Hannah Heimdal were listed as the buyers.

Property taxes on the home totaled $9,587 in 2023, or 1.7% of the sale price.

This property is one of 21 sales in Lake Zurich, Lake County, between May 5 and June 5.

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.