On Sept. 27, Chicago Title Land Trust Co. (trustee) sold their commercial property at 3535 W. Peterson Ave., Chicago to Chicago Oc LLC for $232,000.
The property tax paid for this property in 2019 was $14,562.17. This is 6.28% of the sale price of the home.
So far in September 2021, 25 properties sold in North Park.
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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