Morgan and Jacob Nelson unload 640 W River St., Bourbonnais

The home at 640 W River St., Bourbonnais was sold on July 3 by Morgan and Jacob Nelson for $231,500.

The buyers were Jarrett Pruitt and Richard Climpson.

The property tax paid for this property in 2023 was $3,549. This is 1.5% of the sale price of the home.

This property is one of 33 sales in Bourbonnais (Kankakee County) from June 3 to July 3.

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.