Chicago Observer Admits Chicago Taxes Still Low

Mike Fourcher, who edits “The Daily Line,” writes in a weekend piece,

“This week Cook County Clerk David Orr announced that residential property taxes in Chicago will increase by an average of 10% for upcoming tax bills.

“That sounds like a big increase, but compared to other municipalities, the amount of property tax Chicagoans are paying on average is still less than other parts of Illinois.

“But expect the picture to get worse since, we should expect significant additional property tax increases with every coming year in the foreseeable future.”

Then he notes that a report by Cook County Clerk David Orr says,

“Chicago’s 10% average increase will mean about $363.15 more per homeowner.”

Think about that.

Multiple it by ten and you’ll see the average homeower’s tax bill in Cook County is $3,631.50.

Compare that to your own.

Orr’s report also reveals,

A bumper sticker produced by GOP State Rep. Steve Reick.

“On average, the 2016 property tax bill for a home with a market value of $200,000 would be:

  • Chicago: $3,505.62
  • North suburbs: $4,544.80
  • South suburbs: $6,566.73”

With different words, I feel the song “Don’t Cry for Me Argentina” coming on.

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A related story is here.


Chicago Observer Admits Chicago Taxes Still Low — 3 Comments

  1. Low property taxes and high crime.

    How many people will be shot/killed this weekend in
    the utopia DEMOCRATS have created in their “sanctuary city”.

    Who’s your daddy, Chicago ?

  2. My friends moved to North Carolina.

    The tax bill down there was $2500 for a $200,000 home, on an +acre lot.

    The schools are decent.

    Some friends of mine moved just over the border to Indiana.

    The man of the household still works in IL and makes the drive.

    For a $450k home they pay $4500 a year.

  3. Illinois Policy Institute

    Rahm’s 2018 Budget: More Taxes on the Way?

    by Chris Lentino

    August 2, 2017

    “On the tax front, Emanual pushed a record $588 million property tax hike, a $240 million water-sewer tax, and a $9.50-per-month garbage collection fee.

    That’s hardly ‘taxpayer savings.’

    Yet, Emanuel has refused to rule out additional taxes to cover this latest shortfall.”

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