Willis Tower paid the highest commercial property taxes in Chicago last year, at $26.5 million. | HaSt via Wikimedia Commons
Willis Tower paid the highest commercial property taxes in Chicago last year, at $26.5 million. | HaSt via Wikimedia Commons
The 200 highest tax-paying commercial properties in Chicago contributed a total of $805 million to Cook County’s public funds last year, according to a Local Government Information Services (LGIS) analysis of property tax data from the Cook County treasurer.
LGIS ranked the commercial properties in Chicago and its suburbs that were billed the most in the 2015 tax year. Out of the top 200 in the Chicago region, 148 properties, or 74 percent, were located in Chicago city limits.
Cook County is unique in Illinois in that it assesses property taxes for commercial properties differently than for residential properties. While residential property tax assessments are capped at 10 percent of market value, commercial and industrial properties are capped at 25 percent.
That means that Cook County commercial property taxpayers can pay more than double the taxes of residential properties with identical market values.
Willis Tower’s owners paid the most in taxes last year at $26.57 million, or 3.3 percent of the total of $805 million. Aon Center paid $16.42 million, followed by Blue Cross Blue Shield Tower at $16.39 million, Water Tower Place at $14.80 million and 300 North LaSalle at $14.36 million.
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Top 200 Commercial Property Taxpayers in Chicago
Ranking | Property | Taxes Paid | Address |
1 | Willis Tower | $26,570,654 | 233 S Wacker Dr, Chicago, IL 60606 |
2 | Aon Center | $16,418,435 | 200 E Randolph St, Chicago, IL 60601 |
3 | Blue Cross Blue Shield Tower | $16,386,783 | 300 E Randolph St, Chicago, IL 60601 |
4 | Water Tower Place | $14,797,106 | 845 N Michigan Ave, Chicago, IL 60611 |
5 | 300 North LaSalle | $13,465,862 | 150 W Carroll Ave, Chicago, IL 60610 |
6 | The Franklin | $13,356,592 | 227 W Monroe St, Chicago, IL 60606 |
7 | Chase Tower | $13,278,374 | 10 S Dearborn St, Chicago, IL 60603 |
8 | Citadel Center | $12,861,242 | 131 S Dearborn St, Chicago, IL 60603 |
9 | One Prudential Plaza | $12,827,212 | 130 E Randolph St, Chicago, IL 60601 |
10 | Three First National Plaza | $12,533,828 | 70 W Madison St, Chicago, IL 60602 |
11 | Citigroup Center | $11,115,267 | 500 W Madison St, Chicago, IL 60661 |
12 | Lakeside Technology Center | $10,251,731 | 350 E Cermak Rd, Chicago, IL 60616 |
13 | One North Wacker | $10,203,658 | 1 N Wacker Dr, Chicago, IL 60606 |
14 | 900 N. Michigan Shops | $9,291,838 | 900 N Michigan Ave, Chicago, IL 60611 |
15 | Leo Burnett Building | $9,291,743 | 35 W Wacker Dr, Chicago, IL 60601 |
16 | Hyatt Center | $9,178,055 | 300 W Monroe St, Chicago, IL 60606 |
17 | CME Center | $9,110,412 | 30 S Wacker Dr, Chicago, IL 60606 |
18 | 155 North Wacker | $8,917,573 | 155 N Wacker Dr, Chicago, IL 60606 |
19 | The Merchandise Mart | $8,911,066 | 222 Merchandise Mart Plz, Chicago, IL 60610 |
20 | The Merchandise Mart | $8,817,974 | 320 N Wells St, Chicago, IL 60610 |
21 | River North Point | $8,787,336 | 350 N Orleans St, Chicago, IL 60610 |
22 | 191 South Wacker | $8,622,758 | 191 N Wacker Dr, Chicago, IL 60606 |
23 | The Field Building | $8,529,570 | 135 S La Salle St, Chicago, IL 60603 |
24 | The Franklin | $7,804,985 | 222 W Adams St, Chicago, IL 60606 |
25 | 320 South Franklin | $7,711,696 | 320 S Franklin St, Chicago, IL 60606 |
26 | CME Center | $7,587,931 | 30 S Wacker Dr, Chicago, IL 60606 |
27 | 321 North Clark | $7,459,169 | 315 N Clark St, Chicago, IL 60610 |
28 | Sheraton Grand Chicago | $7,365,386 | 301 E North Water St, Chicago, IL 60611 |
29 | The Fifth Third Center | $7,259,640 | 222 S Riverside Plz, Chicago, IL 60606 |
30 | 111 East Wacker | $6,665,676 | 111 Ne Wacker Dr, Chicago, IL 60601 |
31 | 600 West Chicago | $6,366,485 | 600 W Chicago Ave, Chicago, IL 60610 |
32 | The Peninsula Chicago | $5,715,530 | 108 E Superior St, Chicago, IL 60611 |
33 | 401 N. Michigan Ave. | $5,702,269 | 401 N Michigan Ave, Chicago, IL 60611 |
34 | 333 West Wacker | $5,693,555 | 333 W Wacker Dr, Chicago, IL 60606 |
35 | 300 South Riverside Plaza | $5,680,623 | 300 S Riverside Plz, Chicago, IL 60606 |
36 | Chase Tower | $5,579,328 | 7 S Dearborn St, Chicago, IL 60603 |
37 | 111 South Wacker | $5,283,333 | 111 S Wacker Dr, Chicago, IL 60606 |
38 | 2 Illinois Center | $5,276,134 | 233 N Michigan Ave, Chicago, IL 60601 |
39 | Michigan Plaza | $5,227,775 | 205 N Michigan Ave, Chicago, IL 60601 |
40 | 200 South Wacker Drive | $5,130,885 | 200 S Wacker Dr, Chicago, IL 60606 |
41 | Hilton Downtown Chicago | $5,116,477 | 720 S Michigan Ave, Chicago, IL 60605 |
42 | 200 West Madison | $5,047,090 | 200 W Madison St, Chicago, IL 60606 |
43 | 222 North LaSalle | $4,900,193 | 222 N La Salle St, Chicago, IL 60601 |
44 | One North Wacker | $4,815,231 | 1 N Wacker Dr, Chicago, IL 60606 |
45 | One South Dearborn | $4,790,304 | 1 S Dearborn St, Chicago, IL 60603 |
46 | 500 West Monroe | $4,769,154 | 500 W Monroe St, Chicago, IL 60661 |
47 | Five One Five North State | $4,733,860 | 515 N State St, Chicago, IL 60611 |
48 | 175 West Jackson | $4,652,286 | 175 W Jackson Blvd, Chicago, IL 60604 |
49 | 180 North LaSalle | $4,626,959 | 180 N La Salle St, Chicago, IL 60601 |
50 | 175 West Jackson | $4,624,538 | 166 W Van Buren St, Chicago, IL 60604 |
51 | 161 North Clark | $4,569,640 | 161 N Clark St, Chicago, IL 60601 |
52 | Michigan Plaza | $4,520,794 | 225 N Michigan Ave, Chicago, IL 60601 |
53 | NBC Tower | $4,512,430 | 454 N Columbus Dr, Chicago, IL 60611 |
54 | 325 North Wells | $4,505,979 | 325 N Wells St, Chicago, IL 60610 |
55 | 525 West Monroe | $4,447,045 | 525 W Monroe St, Chicago, IL 60661 |
56 | Hyatt Regency Chicago | $4,360,287 | 151 E Wacker Dr, Chicago, IL 60601 |
57 | CDW Plaza | $4,295,285 | 120 S Riverside Plz, Chicago, IL 60606 |
58 | CDW Plaza | $4,282,788 | 10 S Riverside Plz, Chicago, IL 60606 |
59 | Hyatt Regency Chicago | $4,142,943 | 151 E Wacker Dr, Chicago, IL 60601 |
60 | Hyatt Center | $3,947,890 | 71 S Wacker Dr, Chicago, IL 60606 |
61 | Citadel Center | $3,920,613 | 131 S Dearborn St, Chicago, IL 60603 |
62 | 101 North Wacker | $3,898,556 | 101 N Wacker Dr, Chicago, IL 60606 |
63 | Omni Hotel Chicago | $3,848,164 | 676 N Michigan Ave, Chicago, IL 60611 |
64 | Grant Thornton Tower | $3,636,757 | 161 N Clark St, Chicago, IL 60601 |
65 | 525 West Van Buren | $3,609,979 | 525 W Van Buren St, Chicago, IL 60607 |
66 | 111 North Canal | $3,491,276 | 101 N Canal St, Chicago, IL 60661 |
67 | 400 North Dearborn | $3,482,333 | 400 N Dearborn St, Chicago, IL 60654 |
68 | 30 North LaSalle | $3,459,225 | 30 N La Salle St, Chicago, IL 60602 |
69 | Two North LaSalle | $3,435,861 | 2 N La Salle St, Chicago, IL 60602 |
70 | 123 North Wacker | $3,394,443 | 123 N Wacker Dr, Chicago, IL 60606 |
71 | 30 West Monroe | $3,305,825 | 111 S Dearborn St, Chicago, IL 60603 |
72 | Renaissance Chicago Downtown Hotel | $3,303,289 | 1 W Wacker Dr, Chicago, IL 60601 |
73 | 77 South Wacker | $3,295,406 | 77 S Wacker Dr, Chicago, IL 60606 |
74 | Stone Container Building | $3,279,321 | 150 N Michigan Ave, Chicago, IL 60602 |
75 | 120 South LaSalle | $3,217,813 | 120 S La Salle St, Chicago, IL 60603 |
76 | Fairmont Millenium Park | $3,183,897 | 200 N Columbus Dr, Chicago, IL 60601 |
77 | 1611 South Canal | $3,152,555 | 1161 S Canal St, Chicago, IL 60607 |
78 | Swissotel Chicago | $3,146,528 | 323 E Randolph St, Chicago, IL 60601 |
79 | 111 West Jackson | $3,138,970 | 111 W Jackson Blvd, Chicago, IL 60604 |
80 | 100 South Wacker | $3,119,099 | 100 S Wacker Dr, Chicago, IL 60606 |
81 | United Airlines - O'Hare Airport | $3,099,569 | 1 Ohare Interntl Airport, Chicago, IL 60651 |
82 | Hartford Plaza South | $3,098,435 | 150 S Wacker Dr, Chicago, IL 60606 |
83 | 55 West Monroe | $3,069,679 | 55 W Monroe St, Chicago, IL 60603 |
84 | 801 South Canal | $3,069,369 | 801 S Canal St, Chicago, IL 60607 |
85 | Chicago Board of Trade | $3,064,795 | 141 W Jackson Blvd, Chicago, IL 60604 |
86 | The Boeing Corporate Headquarters | $3,056,714 | 100 N Riverside St, Chicago, IL 60606 |
87 | 209 East Lake Shore Drive | $3,013,753 | 209 E Lake Shore Dr, Chicago, IL 60611 |
88 | Harris Bank Building | $2,991,480 | 115 S La Salle St, Chicago, IL 60603 |
89 | The Shoreham Rentals | $2,975,372 | 30 E South Water St, Chicago, IL 60601 |
90 | The U.S. Bank Building | $2,971,339 | 190 S La Salle St, Chicago, IL 60603 |
91 | One South Wacker | $2,967,833 | 1 S Wacker Dr, Chicago, IL 60606 |
92 | Palmer House Hilton | $2,924,797 | 17 E Monroe St, Chicago, IL 60603 |
93 | 440 South LaSalle | $2,921,969 | 440 S La Salle St, Chicago, IL 60605 |
94 | 111 South Wacker Drive | $2,896,951 | 111 S Wacker Dr, Chicago, IL 60606 |
95 | The Drake Hotel Chicago | $2,831,840 | 140 E Walton St, Chicago, IL 60611 |
96 | Hilton Chicago O'Hare Airport | $2,817,406 | 1 Ohare Interntl Airport, Chicago, IL 60651 |
97 | 900 N. Michigan Shops | $2,813,283 | 900 N Michigan Ave, Chicago, IL 60611 |
98 | 440 South LaSalle | $2,804,967 | 440 S La Salle St, Chicago, IL 60605 |
99 | Embassy Suites Chicago Downtown | $2,790,707 | 511 N Columbus Dr, Chicago, IL 60611 |
100 | PNC Centre at One North Franklin | $2,758,543 | 1 N Franklin St, Chicago, IL 60606 |
101 | 420 West Washington | $2,754,930 | 420 W Washington St, Chicago, IL 60606 |
102 | Pepsico Chicago Building | $2,752,830 | 555 W Monroe St, Chicago, IL 60661 |
103 | 1500 Lake Shore | $2,750,585 | 1500 N Lake Shore Dr, Chicago, IL 60610 |
104 | The Peninsula Chicago | $2,677,956 | 108 E Superior St, Chicago, IL 60611 |
105 | 180 East Delaware | $2,660,412 | 180 E Delaware Pl, Chicago, IL 60611 |
106 | 77 West Wacker Drive | $2,655,402 | 77 W Wacker Dr, Chicago, IL 60601 |
107 | Bank of America Plaza | $2,639,872 | 540 W Madison St, Chicago, IL 60661 |
108 | The Burnham Center | $2,620,416 | 111 W Washington St, Chicago, IL 60602 |
109 | 600 N. Michigan Ave. | $2,608,964 | 600 N Michigan Ave, Chicago, IL 60611 |
110 | Triangle Plaza | $2,584,997 | 8750 W Bryn Mawr Ave, Chicago, IL 60631 |
111 | One North Wacker | $2,569,932 | 1 N Wacker Dr, Chicago, IL 60606 |
112 | Marriott Downtown Magnificent Mile | $2,567,588 | 540 N Michigan Ave, Chicago, IL 60611 |
113 | 181 West Madison | $2,555,203 | 15 S Wells St, Chicago, IL 60603 |
114 | Two North Riverside Plaza | $2,528,696 | 400 W Madison St, Chicago, IL 60606 |
115 | 900 North Kingsbury | $2,491,717 | 900 N Kingsbury St, Chicago, IL 60610 |
116 | Lake Shore Place | $2,471,291 | 666 N Lake Shore Dr, Chicago, IL 60611 |
117 | 33 West Monroe | $2,468,273 | 33 W Monroe St, Chicago, IL 60603 |
118 | American Airlines - O'Hare Airport | $2,463,818 | 1 Ohare Interntl Airport, Chicago, IL 60651 |
119 | 200 West Jackson | $2,454,719 | 200 W Jackson Blvd, Chicago, IL 60606 |
120 | 540 West Madison | $2,424,116 | 30 N Clinton St, Chicago, IL 60661 |
121 | 550 West Adams | $2,395,494 | 550 W Adams St, Chicago, IL 60661 |
122 | Aqua at Lakeshore East | $2,380,486 | 225 N Columbus Dr, Chicago, IL 60601 |
123 | 231 South LaSalle | $2,379,814 | 231 S La Salle St, Chicago, IL 60604 |
124 | 120 North LaSalle | $2,335,988 | 120 N La Salle St, Chicago, IL 60602 |
125 | East Bank Club | $2,319,740 | 402 N Kingsbury St, Chicago, IL 60610 |
126 | The U.S. Bank Building | $2,313,340 | 190 S La Salle St, Chicago, IL 60603 |
127 | 303 West Madison | $2,298,362 | 303 W Madison St, Chicago, IL 60606 |
128 | 840 N. Michigan Ave. | $2,290,574 | 840 N Michigan Ave, Chicago, IL 60611 |
129 | Hilton Garden Inn Chicago Downtown/Magnificent Mile | $2,273,967 | 10 E Grand Ave, Chicago, IL 60611 |
130 | W Chicago - Lakeshore | $2,267,842 | 644 N Lake Shore Dr, Chicago, IL 60611 |
131 | The Westin Michigan Avenue | $2,224,785 | 909 N Michigan Ave, Chicago, IL 60611 |
132 | Railway Exchange Building | $2,221,857 | 224 S Michigan Ave, Chicago, IL 60604 |
133 | FBI Chicago Field Office | $2,213,357 | 2111 W Roosevelt Rd, Chicago, IL 60608 |
134 | 541 North Fairbanks | $2,211,776 | 541 N Fairbanks Ct, Chicago, IL 60611 |
135 | 200 West Adams | $2,210,024 | 200 W Adams St, Chicago, IL 60603 |
136 | One North LaSalle | $2,197,013 | 1 N La Salle St, Chicago, IL 60602 |
137 | 111 South Wacker Drive | $2,173,538 | 111 S Wacker Dr, Chicago, IL 60606 |
138 | 25 East Washington | $2,164,184 | 25 E Washington St, Chicago, IL 60602 |
139 | Liberty Plaza | $2,152,483 | 222 N La Salle St, Chicago, IL 60601 |
140 | Hotel Intercontinental Chicago | $2,141,176 | 501 N Michigan Ave, Chicago, IL 60611 |
141 | Ford City Mall | $2,140,529 | 7601 S Cicero Ave, Chicago, IL 60652 |
142 | 900 N. Michigan Shops | $2,119,112 | 900 N Michigan Ave, Chicago, IL 60611 |
143 | Chicago Board of Trade | $2,086,106 | 141 W Jackson Blvd, Chicago, IL 60604 |
144 | 225 West Washington | $2,081,849 | 23 N Franklin St, Chicago, IL 60606 |
145 | 645 North Michigan Ave | $2,061,516 | 645 N Michigan Ave, Chicago, IL 60611 |
146 | W Chicag - City Center | $2,048,550 | 172 W Adams St, Chicago, IL 60603 |
147 | Triangle Plaza | $2,041,468 | 8406 W Bryn Mawr Ave, Chicago, IL 60631 |
148 | The Ritz-Carlton, Chicago | $2,034,050 | 160 E Pearson St, Chicago, IL 60611 |
149 | 20 West Kinzie | $2,033,566 | 28 W Kinzie St, Chicago, IL 60610 |
150 | Tower Self Park | $2,016,075 | 211 W Adams St, Chicago, IL 60606 |
151 | United Center | $1,992,495 | 1901 W Madison St, Chicago, IL 60612 |
152 | 303 East Wacker | $1,974,368 | 303 E Wacker Dr, Chicago, IL 60601 |
153 | Borg-Warner Building | $1,961,959 | 200 S Michigan Ave, Chicago, IL 60603 |
154 | 525 West Monroe | $1,893,263 | 525 W Monroe St, Chicago, IL 60661 |
155 | Harris Bank Addition I | $1,887,488 | 111 W Monroe St, Chicago, IL 60603 |
156 | The Avenue Crowne Plaza Chicago | $1,883,997 | 160 E Huron St, Chicago, IL 60611 |
157 | CNA Center | $1,880,554 | 333 S Wabash Ave, Chicago, IL 60604 |
158 | Grand Plaza Apartments East Tower | $1,869,583 | 540 N State St, Chicago, IL 60654 |
159 | 631 W Madison | $1,863,439 | 631 W Madison St, Chicago, IL 60661 |
160 | The Lofts at Roosevelt Collection | $1,859,946 | 150 W Roosevelt Rd, Chicago, IL 60607 |
161 | One Congress Center | $1,846,419 | 401 S State St, Chicago, IL 60605 |
162 | One Superior Place | $1,841,940 | 1 W Superior St, Chicago, IL 60610 |
163 | 550 West Jackson | $1,835,747 | 550 W Jackson Blvd, Chicago, IL 60661 |
164 | Union Tower | $1,832,459 | 550 W Van Buren St, Chicago, IL 60661 |
165 | 550 West Adams | $1,801,871 | 550 W Adams St, Chicago, IL 60661 |
166 | 555 West Adams | $1,801,727 | 555 W Adams St, Chicago, IL 60661 |
167 | 321 North Clark | $1,792,797 | 315 N Clark St, Chicago, IL 60610 |
168 | 303 East Wacker Drive | $1,792,301 | 300 E Wacker Dr, Chicago, IL 60601 |
169 | Marriott Downtown Magnificent Mile | $1,791,342 | 540 N Michigan Ave, Chicago, IL 60611 |
170 | Double Tree Chicago: Magnificent Mile | $1,787,674 | 611 N Fairbanks Ct, Chicago, IL 60611 |
171 | 161 West Washington | $1,772,904 | 161 W Washington St, Chicago, IL 60602 |
172 | The Federal Reserve Bank of Chicago | $1,766,399 | 230 S La Salle St, Chicago, IL 60604 |
173 | 830 N Michigan Ave | $1,745,268 | 830 N Michigan Ave, Chicago, IL 60611 |
174 | AT&T 10 South Canal | $1,741,039 | 10 S Canal St, Chicago, IL 60661 |
175 | The Streeter | $1,740,836 | 345 E Ohio St, Chicago, IL 60611 |
176 | Aqua at Lakeshore East | $1,718,137 | 225 N Columbus Dr, Chicago, IL 60601 |
177 | CBOE Building | $1,711,465 | 400 S La Salle St, Chicago, IL 60605 |
178 | One North Wacker | $1,709,371 | 1 N Wacker Dr, Chicago, IL 60606 |
179 | Wrigley Field | $1,707,435 | 1060 W Addison Ave, Chicago, IL 60613 |
180 | United Center | $1,702,527 | 1859 W Madison St, Chicago, IL 60612 |
181 | The Tides | $1,700,002 | 360 E Wacker Dr, Chicago, IL 60601 |
182 | Bank of America Building | $1,697,407 | 230 S Clark St, Chicago, IL 60604 |
183 | 41 South Wells | $1,692,504 | 41 S Wells St, Chicago, IL 60603 |
184 | 111 South Wacker | $1,691,354 | 111 Sw Wacker Dr, Chicago, IL 60606 |
185 | 625 N Michigan Ave | $1,691,218 | 625 N Michigan Ave, Chicago, IL 60611 |
186 | Courtyard Chicago Downtown/River North | $1,682,793 | 4 E Hubbard St, Chicago, IL 60611 |
187 | Loop Transportation Center | $1,679,686 | 203 N La Salle St, Chicago, IL 60601 |
188 | Two First National Plaza | $1,678,933 | 20 S Clark St, Chicago, IL 60603 |
189 | One South Wacker | $1,666,683 | 1 S Wacker Dr, Chicago, IL 60606 |
190 | The Westin Chicago River North | $1,661,471 | 314 N Dearborn St, Chicago, IL 60610 |
191 | 250 South Wacker | $1,660,666 | 250 S Wacker Dr, Chicago, IL 60606 |
192 | One South Halsted | $1,654,720 | 1 S Halsted St, Chicago, IL 60661 |
193 | The Brickyard Mall | $1,651,186 | 2620 N Narragansett Ave, Chicago, IL 60635 |
194 | Dickens Building | $1,642,055 | 6101 W Dickens Ave, Chicago, IL 60639 |
195 | Blue Cross Blue Shield Tower | $1,638,370 | 260 E Randolph St, Chicago, IL 60601 |
196 | Marriott Downtown Magnificent Mile | $1,612,142 | 540 N Michigan Ave, Chicago, IL 60611 |
197 | Presidents Plaza II | $1,611,362 | 8700 W Bryn Mawr Ave, Chicago, IL 60631 |
198 | 10 South LaSalle | $1,609,471 | 10 S La Salle St, Chicago, IL 60602 |
199 | Tribune Tower | $1,605,706 | 435 N Michigan Ave, Chicago, IL 60611 |
200 | Rush-Ohio-Wabash Self Park | $1,595,661 | 50 E Ohio St, Chicago, IL 60611 |
TOTAL | $805,115,821 |