Sierra Lane acquires 164 Belle Aire Ave., Bourbonnais, appraised at $167,000

The home at 164 Belle Aire Ave., Bourbonnais was sold on May 7 by Emily Rose Unger for $167,000.

The buyer was Sierra Lane.

The property tax paid for this property in 2023 was $4,098. This is 2.5% of the sale price of the home.

This property is one of 25 sales in Bourbonnais (Kankakee County) from April 7 to May 7.

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.