515 Oak St., Elgin purchased by Erick and Jocelyn Alonso and Ana M Cruz Lopez

The home at 515 Oak St., Elgin, Kane County, was sold on July 20 by Maria Gutierrez for $277,000.

Erick and Jocelyn Alonso and Ana M Cruz Lopez were listed as the buyers.

Property taxes on the home totaled $4,325 in 2024, or 1.6% of the sale price.

This property is one of 98 sales in Elgin, Kane County, between June 20 and July 20.

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.