Illini,
I have a wildlife control business and use several different brands of the commercial paste baits in cage traps for raccoon. Most work well, but a couple of my favorites are Blackies 'Fatal Attraction'( a shellfish type paste bait ) and Fur King ( a sweet type paste bait ). A lure that has performed well for me in the cages is Forget's 'Pro Coon' - a sweet, intense liquid lure that really pulls them in - I dip both ends of a Q-tip in the Pro-Coon and stick it in a marshmallow hanging from a wire at the rear of the cage trap, along with a bait of some sort.
As far as off-the-shelf, or out-of-the cupboard baits, marshmallows, canned cat food, sardines, jack mackerel, grocery store extracts ( vanilla, cherry, anise, etc. ), molasses, honey....
Lately, I have been using Apple Flavor Horse Treat Wafers as a bait holder for the paste baits. These wafers smell great on their own - like molasses, licorice & apple - and are handy to spread the paste bait on before placing in the cage trap. Just a few ideas for you. Good luck with the raccoons !
Mike