692 Independence Ave., Elburn purchased by Luther Grant A. and Luther Molly K.

The home at 692 Independence Ave., Elburn, was sold on July 16 by Beth A. Luna (trust) for $530,000.

Luther Grant A. and Luther Molly K. were listed as the buyers.

Property taxes on the home totaled $11,970 in 2024, or 2.3% of the sale price.

This property is one of 13 sales in Elburn, Kane County, between June 16 and July 16.

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.