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Chicago City Wire

Friday, April 19, 2024

Chicagoans prepaid $249 million in property taxes ahead of tax reform

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Cook County residents prepaid nearly $700 million in property tax for 2018, according to a Blockshopper.com analysis of local data.

Chicago homeowners paid more than a third of the total tax prepaid – nearly $249,000. Winnetka homeowners paid $31 million and Wilmette homeowners paid $30 million.

Trump’s tax reform lowered individual tax rates but also capped the amount of property taxes those in high-property tax states like Illinois could write off at $10,000. As a result, a record number of Cook County homeowners paid their bills early, allowing them to keep the write-off for one more year.

More than 119,000 Cook County residents prepaid their property taxes.

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Cook County early property tax paid

City RegionTotal early tax paidPercent of total early tax paid
ChicagoChicago$248,800,010.6434.32%
WinnetkaNorth$30,538,433.124.21%
WilmetteNorth$29,845,253.624.12%
GlenviewNorth$29,315,804.474.04%
EvanstonNorth$27,560,764.903.80%
NorthbrookNorth$25,694,943.903.54%
Arlington HeightsNorth$23,325,106.303.22%
Oak ParkWest$22,245,000.753.07%
PalatineNorth$19,705,285.122.72%
Park RidgeNorth$18,740,278.192.59%
GlencoeNorth$17,873,732.352.47%
Orland ParkSouth$11,364,318.081.57%
SchaumburgNorth$10,482,955.791.45%
River ForestWest$9,842,461.131.36%
Western SpringsWest$9,453,738.981.30%
SkokieNorth$9,117,198.851.26%
Mount ProspectNorth$8,795,696.281.21%
La GrangeWest$8,496,938.711.17%
BarringtonNorth$7,585,851.601.05%
KenilworthNorth$6,524,766.690.90%
Hoffman EstatesNorth$6,422,395.520.89%
South BarringtonNorth$6,312,093.620.87%
NorthfieldNorth$5,658,977.230.78%
Des PlainesNorth$5,639,983.020.78%
LincolnwoodNorth$5,504,569.480.76%
InvernessNorth$5,176,896.080.71%
Elk Grove VillageNorth$4,721,518.680.65%
Tinley ParkSouth$4,463,184.550.62%
Burr RidgeSouth$4,398,758.990.61%
Morton GroveNorth$4,204,066.560.58%
LemontSouth$4,138,542.710.57%
RiversideWest$4,082,969.370.56%
Palos ParkSouth$3,985,141.750.55%
Prospect HeightsNorth$3,265,604.910.45%
Palos HeightsSouth$3,090,332.900.43%
Rolling MeadowsNorth$2,952,843.420.41%
NilesNorth$2,903,631.490.40%
HinsdaleWest$2,794,631.300.39%
WheelingNorth$2,753,394.100.38%
La Grange ParkWest$2,704,456.770.37%
Oak LawnSouth$2,356,055.510.33%
FlossmoorSouth$2,311,712.780.32%
BartlettNorth$2,226,364.430.31%
Buffalo GroveNorth$2,065,344.110.28%
StreamwoodNorth$1,656,130.350.23%
BrookfieldWest$1,151,092.540.16%
Indian Head ParkWest$1,149,755.490.16%
Barrington HillsNorth$1,115,646.440.15%
Palos HillsSouth$1,093,096.840.15%
ElginNorth$1,064,320.740.15%
Oak ForestSouth$979,799.890.14%
WestchesterWest$970,948.550.13%
Elmwood ParkWest$959,767.930.13%
HomewoodSouth$958,758.280.13%
BerwynWest$893,420.550.12%
Willow SpringsSouth$889,613.950.12%
NorridgeNorth$852,306.830.12%
RoselleNorth$799,657.080.11%
Forest ParkWest$784,904.100.11%
Evergreen ParkSouth$783,994.000.11%
Hickory HillsSouth$768,516.420.11%
GolfNorth$676,206.120.09%
Franklin ParkWest$671,373.850.09%
Olympia FieldsSouth$614,104.110.08%
AlsipSouth$593,099.890.08%
CountrysideWest$517,144.080.07%
BridgeviewSouth$503,623.260.07%
BroadviewWest$474,076.640.07%
South HollandSouth$468,837.190.06%
LansingSouth$461,416.430.06%
BurbankSouth$448,798.640.06%
Chicago HeightsSouth$444,556.930.06%
MattesonSouth$394,907.010.05%
Schiller ParkWest$394,740.630.05%
CiceroWest$355,030.910.05%
DoltonSouth$288,159.780.04%
Melrose ParkWest$281,376.510.04%
Blue IslandSouth$277,700.630.04%
MidlothianSouth$276,270.450.04%
Bedford ParkSouth$259,102.920.04%
WorthSouth$242,971.590.03%
Country Club HillsSouth$233,106.650.03%
Calumet CitySouth$231,341.870.03%
RosemontNorth$224,712.670.03%
Chicago RidgeSouth$212,210.610.03%
BellwoodWest$206,574.620.03%
River GroveWest$204,961.090.03%
Hanover ParkNorth$201,168.330.03%
NorthlakeWest$180,872.670.02%
CrestwoodSouth$177,063.440.02%
Orland HillsSouth$156,775.390.02%
MaywoodWest$150,451.480.02%
Park ForestSouth$150,385.900.02%
LyonsWest$134,679.310.02%
Hazel CrestSouth$127,805.810.02%
LynwoodSouth$121,000.310.02%
GlenwoodSouth$108,712.830.01%
SummitSouth$103,953.230.01%
Richton ParkSouth$103,392.690.01%
JusticeSouth$102,078.790.01%
StickneyWest$81,321.810.01%
BerkeleyWest$77,756.090.01%
StegerSouth$75,524.400.01%
HillsideWest$63,339.530.01%
North RiversideWest$59,668.470.01%
MarkhamSouth$58,514.580.01%
McCookSouth$46,441.590.01%
Sauk VillageSouth$45,272.230.01%
HarveySouth$38,265.070.01%
ThorntonSouth$36,405.340.01%
Calumet ParkSouth$25,115.640.00%
RiverdaleSouth$20,299.070.00%
HodgkinsSouth$16,378.750.00%
PhoenixSouth$15,425.270.00%
East Hazel CrestSouth$13,604.900.00%
Forest ViewWest$13,030.930.00%
HometownSouth$9,680.360.00%
BurnhamSouth$9,214.900.00%
Merrionette ParkSouth$7,502.330.00%
Stone ParkWest$6,114.530.00%
PosenSouth$4,052.510.00%
South Chicago HeightsSouth$3,487.290.00%
RobbinsSouth$1,788.400.00%
DixmoorSouth$1,381.450.00%

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