263 Michigan Ave., Highwood purchased by McCraren (trust)

The home at 263 Michigan Ave., Highwood, was sold on May 15 by Schulte for $861,000.

McCraren (trust) was listed as the buyer.

Property taxes on the home totaled $11,921 in 2023, or 1.4% of the sale price.

This property is the only sale in Highwood, Lake County, between April 15 and May 15.

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.