Jason Meyer acquires 384 W River St., Bourbonnais, appraised at $195,000

The home at 384 W River St., Bourbonnais was sold on April 14 by Chicago Title Land Trust Co. #MD1306 (trustee) for $195,000.

The buyer was Jason Meyer.

The property tax paid for this property in 2023 was $749. This is 0.4% of the sale price of the home.

This property is one of 27 sales in Bourbonnais (Kankakee County) from March 14 to April 14.

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.