Davyd and Oksana Levchenko acquire 16339 W. Cagwin Drive, Lockport, appraised at $450,000

The home at 16339 W. Cagwin Drive, Lockport was sold on April 9 by Jeffery Gritzenbach for $450,000.

The buyers were Davyd and Oksana Levchenko.

The property tax paid for this property in 2022 was $11,208. This is 2.5% of the sale price of the home.

This property is one of 34 sales in Lockport (Will 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.