700 Ravinia Drive, Shorewood purchased by Steven Fausnaugh

The home at 700 Ravinia Drive, Shorewood was sold on Aug. 7 by Joint Loomis (trust) for $485,444.

The buyer was Steven Fausnaugh.

The property tax paid for this property in 2022 was $7,750. This is 1.6% of the sale price of the home.

This property is one of 24 sales in Shorewood (Will County) from July 7 to Aug. 7.

This story was found on BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.