1250 118th St., Lemont unloaded by RUDIS RENEE TR||RUDIS SELF- TRUST||SELF- RUDIS TRUST

The home at 1250 118th St., Lemont was sold on May 23 by RUDIS RENEE TR||RUDIS SELF- TRUST||SELF- RUDIS TRUST for $451,500.

The buyer was LIGAS TEADEUSZ||LIGAS DANUTA.

The property tax paid for this property in 2024 was $6,617. This is 1.5% of the sale price of the home.

This property is one of 31 sales in Lemont (Cook County) from April 23 to May 23.

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.