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Chicago City Wire

Thursday, January 9, 2025

News from 2025

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Washington Park commercial property owners face 0.3% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Washington Park witnessed a spike of 0.3% in commercial property tax assessments, raising tax values by 23.1%.

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Residential property taxes down 6.1% in 2023 in Andersonville

By Chicago City Wire | Jan 1, 2025

Andersonville witnessed an unusual decrease of 6.1% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Logan Square residential property owners face 7.7% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

With a 7.7% increase, Logan Square experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 2.9%.

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Commercial property taxes down 41.6% in 2023 in Englewood

By Chicago City Wire | Jan 1, 2025

Englewood witnessed an unusual decrease of 41.6% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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South Loop residential property owners face 0.3% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

South Loop witnessed a 6.4% decrease in residential property tax values, despite a decrease in valuations.

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Gold Coast’s commercial property assessments decrease by 99.2% in 2023

By Chicago City Wire | Jan 1, 2025

Gold Coast witnessed an unusual decrease of 99.2% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Near North commercial property owners face 205.3% raise in property taxes in 2023

By Chicago City Wire | Jan 1, 2025

Near North witnessed a 2.6% decrease in commercial property tax values, despite a decrease in valuations.

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Bridgeport sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Bridgeport witnessed a spike of 5.7% in residential property tax assessments, raising tax values by 8.1%.

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29.6% increase in Ravenswood ’s commercial property valuations in 2023 brings taxes up

By Chicago City Wire | Jan 1, 2025

With a 29.6% increase, Ravenswood experienced one of the largest commercial property tax assessment increases in Chicago in 2023, spiking taxes by 32.8%.

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Commercial property taxes down 56.6% in 2023 in Roseland/Pullman

By Chicago City Wire | Jan 1, 2025

Roseland/Pullman witnessed an unusual decrease of 56.6% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Pilsen residential property owners face 16.2% raise in property assessment in 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Pilsen witnessed a significant spike of 16.2% in residential property tax assessments.

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35.7% decrease in Little Village’s commercial property valuations in 2023 brings taxes down

By Chicago City Wire | Jan 1, 2025

Little Village witnessed an unusual decrease of 35.7% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Commercial property taxes up 100% in 2023 in Uptown

By Chicago City Wire | Jan 1, 2025

In 2023, Uptown witnessed a significant spike of 100% in commercial property tax assessments, raising tax values by 290.5%.

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Commercial property taxes down 65.7% in 2023 in Hermosa

By Chicago City Wire | Jan 1, 2025

Hermosa witnessed an unusual decrease of 65.7% in commercial property tax assessments in 2023, a notable deviation from the national upward trend.

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Buena Park sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

With a 4.2% increase, Buena Park experienced one of the largest residential property tax assessment increases in Chicago in 2023.

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Old Town’s residential property values soar down 3.6% in 2023

By Chicago City Wire | Jan 1, 2025

Old Town witnessed an unusual decrease of 3.6% in residential property tax assessments in 2023, a notable deviation from the national upward trend.

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Big Oaks sees unexpected stagnation in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

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

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Norwood Park’s commercial property values soar up 44.9% in 2023

By Chicago City Wire | Jan 1, 2025

With a 44.9% increase, Norwood Park experienced one of the largest commercial property tax assessment increases in Chicago in 2023, spiking taxes by 31.9%.

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Lakeview sees increase in commercial property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

In 2023, Lakeview witnessed a significant spike of 14.1% in commercial property tax assessments.

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The Loop sees increase in residential property valuation in Chicago during 2023

By Chicago City Wire | Jan 1, 2025

With a 10.3% increase, The Loop experienced one of the largest residential property tax assessment increases in Chicago in 2023, spiking taxes by 14%.