The home at 240 E. Illinois St. 2004, Chicago was sold on Sept. 29 by Gregory T. and Diane M. Smith for $550,000. The buyer was Nikhila Sri Juvvadi.
In 2019, the property tax paid for this property was $11,795.27, which is 2.14% of the sale price of the home.
This home last sold on July 23, 2014 for $620,000.
So far in September 2021, 26 properties sold in Streeterville.
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.
Sign-up for the Weekly Newsletter from Chicago City Wire.