Chicago Title Land Trt Co. Ttee purchases 1261 Lacoma Drive 8D, Lockport, appraised at $340,000

The home at 1261 Lacoma Drive 8D, Lockport was sold on May 12 by Peter Klementzos for $340,000.

The buyer was Chicago Title Land Trt Co. Ttee.

The property tax paid for this property in 2022 was $6,460. This is 1.9% of the sale price of the home.

This property is one of 39 sales in Lockport (Will County) from April 12 to May 12.

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.