1017 Cherokee Place, Lemont acquired by Drew and Jamie Enger

The home at 1017 Cherokee Place, Lemont was sold on March 31 by Anthony and Andrea Kurt and Earnest Andrea for $395,000.

The buyers were Drew and Jamie Enger.

The property tax paid for this property in 2023 was $5,680. This is 1.4% of the sale price of the home.

This property is one of 16 sales in Lemont (Cook County) from Feb. 28 to March 31.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.