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Chicago City Wire

Monday, November 25, 2024

How much did commercial taxpayers in Logan Square owe in overdue property taxes in Q4 2023?

Money 1

As of Jan. 15, 10 commercial properties in Logan Square were delinquent on their 2021 property taxes, according to the Chicago City Wire analysis of data made available on the Cook County Treasurer's website.

This translates to roughly $68,921 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 10 commercial properties in Logan Square with unpaid 2021 taxes, according to BlockShopper.com.

Commercial properties in Logan Square with unpaid 2021 taxes

Taxpayer NameProperty AddressMunicipalityTownshipNeighborhoodPINTotal Tax DueTotal Due (Including Interest)
Immobilaire Western2428 N. Western Ave.ChicagoWestLogan Square13-25-431-028-0000$10,979$13,130
William & Joan Adler2910 W. North Ave.ChicagoWestLogan Square13-36-329-055-1001$10,119$12,617
Francis & California2023 N. California Ave.ChicagoWestLogan Square13-36-232-029-1001$7,715$9,802
Carlo Banducci1753 N. Spaulding Ave.ChicagoJeffersonLogan Square13-35-416-053-0000$7,570$9,748
Francis & California2027 N. California Ave.ChicagoWestLogan Square13-36-232-029-1021$6,777$8,607
Immobiliare Western LL2430 N. Western Ave.ChicagoWestLogan Square13-25-431-042-0000$6,569$7,861
Jose Cortes3759 W. Armitage Ave.ChicagoJeffersonLogan Square13-35-303-001-0000$1,684$2,022
208-10 E Pershing, Corp.2914 W. North Ave.ChicagoWestLogan Square13-36-329-048-0000$1,563$2,021
LMC Investments III1608 N. St. Louis Ave.ChicagoJeffersonLogan Square13-35-419-052-0000$1,365$1,642
Mitch Kasperek3916 W. Armitage Ave.ChicagoJeffersonLogan Square13-35-123-077-0000$1,132$1,467

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