On Sept. 27, Cedar Winona Prop sold their commercial property at 5063 N. Broadway St., Chicago to (trust) and Chicago Title Land Trust Co. (trustee) for $450,000.
The amount paid for property taxes on this property in 2019 was $21,078.18, 4.68% of the sale price of the home.
This property is one of 49 sales so far in Uptown in September 2021.
This story was found on BlockShopper.com.
Paul Vallas criticizes Cook County’s property tax system for disproportionately affecting residents while benefiting political figures.
A rise in property taxes for Chicago homeowners is linked to companies leaving downtown due to safety concerns and economic challenges.
There were 380 reported residential sales in Cook County in the week ending Oct. 18, according to BlockShopper.com.
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