Melanie Gainer and Alexander James Plautz acquire 518 Raymond St., Elgin, appraised at $275,000

The home at 518 Raymond St., Elgin, Kane County, was sold on July 24 by Daniela Yunuen Olmedo Aguilar for $275,000.

Melanie Gainer and Alexander James Plautz were listed as the buyers.

Property taxes on the home totaled $5,269 in 2024, or 1.9% of the sale price.

This property is one of 108 sales in Elgin, Kane County, between June 24 and July 24.

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.