AP Tom Investment LLC purchases 21350 S. Somerset St., Shorewood, appraised at $55,000

The home at 21350 S. Somerset St., Shorewood was sold on April 8 by Frank P. Riley for $55,000.

The buyer was AP Tom Investment LLC.

The property tax paid for this property in 2022 was $1,183. This is 2.2% of the sale price of the home.

This property is one of 29 sales in Shorewood (Will County) from March 8 to April 8.

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.