The one bedroom, one bathroom home at 1400 N. Milwaukee Ave. 206, Chicago was sold on Sept. 28 by Michael Root for $253,500. The buyer was Lindsay B Schneider.
The property tax paid for this property in 2019 was $4,933.73. This is 1.95% of the sale price of the home.
The last time this home sold was June 18, 2009. It last sold for $250,000.
This property is one of 26 sales so far in Wicker Park in September 2021.
This story was found on BlockShopper.com.
BlockShopper.com reports the effective property tax rate in Chicago’s Gold Coast grew from 1.3% in 2016 to 1.8% in 2025, a rise of 0.5 percentage points over a decade.
Homeowners in Ashburn, a Chicago neighborhood, paid property taxes equal to 1.6% of their home values in the fourth quarter of 2025, putting them at more than 1.8 times higher than the national average, BlockShopper.com reported.
River North, a neighborhood in Chicago, saw its effective property tax rate increase by 0.5 percentage points over a 10-year period, reaching 1.8% in 2025 from 1.3% in 2016, according to BlockShopper.com.
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