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Chicago City Wire

Monday, July 7, 2025

News from 2025

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130.2% increase in Near West Side’s commercial property valuations in 2023 brings taxes up

By Chicago City Wire | Jan 1, 2025

In 2023, Near West Side witnessed a significant spike of 130.2% in commercial property tax assessments, raising tax values by 107.1%.

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Commercial property taxes up 202.6% in 2023 in Andersonville

By Chicago City Wire | Jan 1, 2025

With a 202.6% increase, Andersonville experienced one of the largest commercial property tax assessment increases in Chicago in 2023, spiking taxes by 68.1%.

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South Loop commercial property owners see 93.8% drop in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

South Loop witnessed an unusual decrease of 93.8% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Sauganash commercial property owners face 97.8% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Sauganash witnessed a 39.3% decrease in commercial property tax values, despite a decrease in valuations.

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University Village / Little Italy’s residential property values soar up 4.5% in 2023

By Chicago City Wire | Jan 1, 2025

With a 4.5% increase, University Village / Little Italy experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 2.7%.

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Canaryville/Fuller Park’s residential property assessments decrease by 23.5% in 2023

By Chicago City Wire | Jan 1, 2025

Canaryville/Fuller Park witnessed an unusual decrease of 23.5% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Hyde Park residential property owners face 5.3% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

With a 5.3% increase, Hyde Park experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 7.4%.

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Brainerd sees rare decrease in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

Brainerd witnessed an unusual decrease of 7.1% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Lake View’s residential property assessments decrease by 12.3% in 2023

By Chicago City Wire | Jan 1, 2025

Lake View witnessed an unusual decrease of 12.3% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Gage Park residential property owners see drop in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

Gage Park witnessed an unusual decrease in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Gresham’s commercial property values soar down 5.8% in 2023

By Chicago City Wire | Jan 1, 2025

Gresham witnessed an unusual decrease of 5.8% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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South Shore commercial property owners face 2.4% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

South Shore witnessed a 16.3% decrease in commercial property tax values, despite a decrease in valuations.

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O'Hare sees rare decrease in commercial property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

O'Hare witnessed an unusual decrease of 3.7% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Residential property taxes up 12.5% in 2023 in Dunning

By Chicago City Wire | Jan 1, 2025

In 2023, Dunning witnessed a significant spike of 12.5% in residential property tax assessments.

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Portage Park sees rare decrease in commercial property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

Portage Park witnessed an unusual decrease of 23.2% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Edison Park commercial property owners see 16.7% drop in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

Edison Park witnessed an unusual decrease of 16.7% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Roscoe Village ’s commercial property assessments increase by 137% in 2023

By Chicago City Wire | Jan 1, 2025

With a 137% increase, Roscoe Village experienced one of the largest commercial property tax assessment increases in Chicago in 2023, spiking taxes by 81.7%.

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Garfield Ridge’s residential property values frozen in 2023

By Chicago City Wire | Jan 1, 2025

Garfield Ridge witnessed no changes in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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West Rogers Park sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

In 2023, West Rogers Park witnessed a spike of 7.4% in residential property tax assessments.

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Austin ’s residential property assessments increase by 5.6% in 2023

By Chicago City Wire | Jan 1, 2025

With a 5.6% increase, Austin experienced one of the largest residential property tax assessment increases in Chicago in 2023.