Elizabeth Smierciak purchases 177 W. Ray St., Bourbonnais, appraised at $140,000

The home at 177 W. Ray St., Bourbonnais was sold on April 30 by Elizabeth and William Smierciak and Cyrina Popoae for $140,000.

The buyer was Elizabeth Smierciak.

The property tax paid for this property in 2023 was $2,142. This is 1.5% of the sale price of the home.

This property is one of 27 sales in Bourbonnais (Kankakee County) from March 30 to April 30.

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.