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Chicago City Wire

Friday, January 10, 2025

News from 2025

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Brighton Park commercial property owners face 69.9% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Brighton Park witnessed a significant spike of 69.9% in commercial property tax assessments, raising tax values by 267.3%.

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Albany Park commercial property owners face 2.2% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Albany Park witnessed a 23% decrease in commercial property tax values, despite a decrease in valuations.

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Little Village sees unexpected stagnation in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

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

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6.4% decrease in Burnside’s commercial property valuations in 2023 brings taxes down

By Chicago City Wire | Jan 1, 2025

Burnside witnessed an unusual decrease of 6.4% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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decrease in Portage Park’s residential property valuations in 2023 brings taxes down

By Chicago City Wire | Jan 1, 2025

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

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26.1% increase in Ravenswood ’s residential property valuations in 2023 brings taxes up

By Chicago City Wire | Jan 1, 2025

In 2023, Ravenswood witnessed a significant spike of 26.1% in residential property tax assessments, raising tax values by 19.9%.

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Tri-Taylor residential property owners face 9.5% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Tri-Taylor witnessed a 4.3% decrease in residential property tax values, despite a decrease in valuations.

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Chicago Lawn commercial property owners face 8.3% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

With an 8.3% increase, Chicago Lawn experienced one of the largest commercial property tax assessment increases in Chicago in 2023, spiking taxes by 5%.

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Lower West Side residential property owners face 9% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Lower West Side witnessed a 25.6% decrease in residential property tax values, despite a decrease in valuations.

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Residential property taxes stagnant in 2023 in Mount Greenwood

By Chicago City Wire | Jan 1, 2025

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

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Montclare residential property owners see no changes in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

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

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Forest Glen sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

With a 5.7% increase, Forest Glen experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 29.3%.

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2.7% increase in Humboldt Park ’s residential property valuations in 2023 brings taxes up

By Chicago City Wire | Jan 1, 2025

With a 2.7% increase, Humboldt Park experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 0.7%.

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Chinatown commercial property owners see 50.5% drop in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

Chinatown witnessed an unusual decrease of 50.5% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Chicago Lawn residential property owners face 0.6% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Chicago Lawn witnessed no changes in residential property tax values, despite a decrease in valuations.

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Boystown residential property owners see 8.7% drop in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

Boystown witnessed an unusual decrease of 8.7% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Dunning sees increase in commercial property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Dunning witnessed a significant spike of 17% in commercial property tax assessments, raising tax values by 116.4%.

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8.4% decrease in Noble Square’s residential property valuations in 2023 brings taxes down

By Chicago City Wire | Jan 1, 2025

Noble Square witnessed an unusual decrease of 8.4% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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3.6% increase in Beverly ’s residential property valuations in 2023 brings taxes up

By Chicago City Wire | Jan 1, 2025

In 2023, Beverly witnessed a spike of 3.6% in residential property tax assessments, raising tax values by 3.2%.

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Bronzeville residential property owners face 2.6% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Bronzeville witnessed a 4.3% decrease in residential property tax values, despite a decrease in valuations.