On Sept. 30, Thomas C. Kyros sold their commercial property at 2754 N. Hampden Court 1-14, Chicago to Chicago Title Land Trust Co. (trustee) for $327,500.
The amount paid for property taxes on this property in 2019 was $590.27, 0.18% of the sale price of the home.
The last time this commercial property sold was Sept. 13, 2017. It last sold for $350,000.
This property is one of 221 sales so far in Lincoln 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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