855 N. Convent St., Bourbonnais purchased by First Nations Bank #251261 (trustee)

The home at 855 N. Convent St., Bourbonnais was sold on April 9 by Bruce and Shelley Messer for $70,000.

The buyer was First Nations Bank #251261 (trustee).

The property tax paid for this property in 2023 was $4,703. This is 6.7% of the sale price of the home.

This property is one of 22 sales in Bourbonnais (Kankakee County) from March 9 to April 9.

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.