The home at 939 W. Madison St. 201, Chicago was sold on Sept. 30 by Samir and Kinnery Patel for $417,500. The buyers were Molly Ann Blitt and Daniel Morgan Wichman.
In 2019, the property tax paid for this property was $7,495.07, which is 1.8% of the sale price of the home.
This property is one of 40 sales so far in Near West Side 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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