Joseph Lou unloads 5816 N. Lincoln Ave., Chicago

Sep 30, 2021

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On Sept. 30, Premier Holding Prop LLC purchased a commercial property at 5816 N. Lincoln Ave., Chicago from Joseph Lou for $400,000.

The amount paid for property taxes on this property in 2019 was $18,082.12, 4.52% of the sale price of the home.

The last time this commercial property sold was Aug. 1, 2018. It last sold for $360,000.

This property is one of 86 sales so far in West Rogers Park 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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