1035 Blacksmith Lane, Lemont acquired by Povilas and Regvita Tamosaitis

The home at 1035 Blacksmith Lane, Lemont was sold on June 17 by Daniel R. and Gretchen S. Jochum for $715,000.

The buyers were Povilas and Regvita Tamosaitis.

The property tax paid for this property in 2024 was $10,672. This is 1.5% of the sale price of the home.

This property is one of 22 sales in Lemont (Cook County) from May 17 to June 17.

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.