This translates to roughly $52,691 in debts.
Illinois Republicans proposed a bill that aims to reduce the state's second-in-the-nation property taxes, arguing high taxes create "opportunity deserts" in minority communities and hinder economic growth. The bill claims to deliver 50% relief without affecting the state budget, though it could lower school levies in certain places.
Not only does Illinois hold the second-highest property taxes in the US, but a 2023 study found that the state has the highest overall tax rate in the country. A typical Illinoisian family pays around $10,463 in state and local taxes, which translates to approximately 15.05% of their average income.
The following table lists all three commercial properties in Kenwood with unpaid 2021 taxes, according to BlockShopper.com.
| Taxpayer Name | Property Address | Municipality | Township | Neighborhood | PIN | Total Tax Due | Total Due (Including Interest) |
|---|---|---|---|---|---|---|---|
| 1416 18 Hyde Park BLVD | 1418 E. Hyde Park Blvd. | Chicago | Hyde Park | Kenwood | 20-11-213-033-0000 | $25,514 | $31,746 |
| Magrathea World Holdin | 5011 S. Drexel Blvd. | Chicago | Hyde Park | Kenwood | 20-11-114-002-0000 | $9,986 | $11,943 |
| East Gold Properties | 4335 S. Greenwood Ave. | Chicago | Hyde Park | Kenwood | 20-02-304-011-0000 | $7,524 | $9,001 |
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