Monday, July 7, 2025
By Chicago City Wire | Jan 1, 2025
Oriole Park witnessed a 0.1% decrease in residential property tax values, despite a decrease in valuations.
Calumet Heights witnessed no changes in residential property tax assessments in 2023, a notable deviation from the national upward trend.
With a 4% increase, Belmont/Cragin experienced one of the largest residential property tax assessment increases in Chicago in 2023.
With a 2.1% increase, Burnside experienced one of the largest residential property tax assessment increases in Chicago in 2023.
South Deering witnessed no changes in residential property tax values, despite a decrease in valuations.
In 2023, Logan Square witnessed a significant spike of 91.7% in commercial property tax assessments, raising tax values by 25.1%.
The Loop witnessed a 14.3% decrease in commercial property tax values, despite a decrease in valuations.
In 2023, Hermosa witnessed a spike of 3.7% in residential property tax assessments, raising tax values by 3.6%.
Morgan Park witnessed an unusual decrease of 55.9% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.
Sauganash, Forest Glen witnessed no changes in residential property tax assessments in 2023, a notable deviation from the national upward trend.
North Center witnessed an unusual decrease of 80.4% in residential property tax assessments in 2023, a notable deviation from the national upward trend.
In 2023, Ukrainian Village witnessed a spike of 1.5% in residential property tax assessments.
South Shore witnessed an unusual decrease in residential property tax assessments in 2023, a notable deviation from the national upward trend.
Marquette Park witnessed no changes in residential property tax assessments in 2023, a notable deviation from the national upward trend.
Rogers Park witnessed an unusual decrease of 5.9% in residential property tax assessments in 2023, a notable deviation from the national upward trend.
Clearing witnessed a 30.8% decrease in commercial property tax values, despite a decrease in valuations.
In 2023, Greater Grand Crossing witnessed a significant spike of 15.4% in commercial property tax assessments, raising tax values by 1.2%.
Bronzeville witnessed an unusual decrease of 31.7% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.
In Greektown, residential property owners faced an average increase of 9.4% in property tax valuations in 2023.
In 2023, Irving Park witnessed a significant spike of 31.7% in commercial property tax assessments, raising tax values by 34.5%.