The commercial property at 636 N. Racine Ave. C2, Chicago was sold on Sept. 28 by Abcd Prop LLC for $270,000. The buyer was Ecbg Prop LLC.
In 2019, the property tax paid for this property was $9,285.79, which is 3.44% of the sale price of the home.
This commercial property last sold on Sept. 3, 2010 for $198,000.
This property is one of 46 sales so far in West Town 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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