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Chicago City Wire

Thursday, January 9, 2025

News from 2025

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West Loop residential property owners face 0.8% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

In 2023, West Loop witnessed a spike of 0.8% in residential property tax assessments.

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Roseland/Pullman’s residential property values soar down 5.6% in 2023

By Chicago City Wire | Jan 1, 2025

Roseland/Pullman witnessed an unusual decrease of 5.6% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Back of the Yards sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

With an 8.8% increase, Back of the Yards experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 12%.

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Lincoln Square residential property owners see 6.7% drop in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

Lincoln Square witnessed an unusual decrease of 6.7% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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West Lawn residential property owners face 2.8% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

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

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River North’s commercial property assessments decrease by 11.1% in 2023

By Chicago City Wire | Jan 1, 2025

River North witnessed an unusual decrease of 11.1% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Austin ’s commercial property values soar up 0.3% in 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Austin witnessed a spike of 0.3% in commercial property tax assessments, raising tax values by 246.1%.

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West Pullman commercial property owners face 26.8% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

West Pullman witnessed a 50.4% decrease in commercial property tax values, despite a decrease in valuations.

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Washington Park’s residential property assessments increase by 5.3% in 2023

By Chicago City Wire | Jan 1, 2025

With a 5.3% increase, Washington Park experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 11.8%.

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Commercial property taxes down 29.4% in 2023 in North Center

By Chicago City Wire | Jan 1, 2025

North Center witnessed an unusual decrease of 29.4% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Chatham sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

With a 6.3% increase, Chatham experienced one of the largest residential property tax assessment increases in Chicago in 2023.

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West Englewood residential property owners face 10% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

With a 10% increase, West Englewood experienced one of the largest residential property tax assessment increases in Chicago in 2023.

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Residential property taxes stagnant in 2023 in Wrightwood

By Chicago City Wire | Jan 1, 2025

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

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10.2% decrease in Kenwood’s residential property valuations in 2023 brings taxes down

By Chicago City Wire | Jan 1, 2025

Kenwood witnessed an unusual decrease of 10.2% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Marquette Park’s commercial property assessments decrease by 11.4% in 2023

By Chicago City Wire | Jan 1, 2025

Marquette Park witnessed an unusual decrease of 11.4% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Oakland’s residential property assessments increase by 21.4% in 2023

By Chicago City Wire | Jan 1, 2025

With a 21.4% increase, Oakland experienced one of the largest residential property tax assessment increases in Chicago in 2023.

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Edgebrook’s residential property values soar down 3.7% in 2023

By Chicago City Wire | Jan 1, 2025

Edgebrook witnessed an unusual decrease of 3.7% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Oriole Park residential property owners face 5.8% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Oriole Park witnessed a 0.1% decrease in residential property tax values, despite a decrease in valuations.

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Residential property taxes stagnant in 2023 in Calumet Heights

By Chicago City Wire | Jan 1, 2025

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

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Belmont/Cragin residential property owners face 4% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

With a 4% increase, Belmont/Cragin experienced one of the largest residential property tax assessment increases in Chicago in 2023.