On Sept. 27, Oluwaseyi Lawal purchased a home at 1357 S. Plymouth Court, Chicago from Elizabeth A. Wolszon for $785,000.
The amount paid for property taxes on this property in 2019 was $12,534.43, 1.6% of the sale price of the home.
So far in September 2021, 82 properties sold in South Loop.
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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