State Rep. Steve Reick offers specific examples of homes taxes in Chicago and in McHenry County’s Woodstock.
Here’s info on the Chicago property in your post. Reick advises entering this into your browser:
and then enter the PIN: 16-22-416-034-0000
A tax link to a property in Woodstock of similar value is here.
An approximate $1,600 tax bill in Chicago versus over $4,000 in Woodstock on properties only a few hundred dollars apart in Fair Market Value.
You might find this link to be of interest as well. Click here.
And here’s a link to a bill on which I’m the chief co-sponsor which caps property taxes for schools at 1.33% of Fair Market Value, or 4% of Equalized Assessed Value. Click here.
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Reick says his post is in response to a previous post on this blog: