According to BlockShopper.com, the following home sale was reported for the week of August 30-September 5, 2020.
1645 N. Newland Ave.
$387,000
Property Tax (2019): $6,834.92
Effective Property Tax Rate: 1.77%
Buyer: Lauren E. and Jonathan D. Peters
Seller: Arthur J. and Martha J. Kubin
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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