Property taxes nationwide have increased since before the pandemic. Between 2019 and 2023, the median value of annual property taxes increased nearly 25%.
If you own property in Cook County, get ready to see the price you’re going to pay for your tax bill soon. The second installment for property tax bills will be available by July 2nd.
The ruling may clear the way for investors citywide to buy properties from the city’s land bank or at tax sales unencumbered by delinquent sewer bills.