This translates to roughly $7,621 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 residential properties in Oakland with unpaid 2021 taxes, according to BlockShopper.com.
Taxpayer Name | Property Address | Municipality | Township | Neighborhood | PIN | Total Tax Due | Total Due (Including Interest) |
---|---|---|---|---|---|---|---|
Cad Property Invest | 4112 S. Ellis Ave. | Chicago | Hyde Park | Oakland | 20-02-113-040-0000 | $4,235 | $5,424 |
Lovetta Oquinn | 4150 S Lake Park Ave. | Chicago | Hyde Park | Oakland | 20-02-117-036-0000 | $1,289 | $1,649 |
Re N. U., LLC | 819 E. Oakwood Blvd. | Chicago | Hyde Park | Oakland | 20-02-102-054-0000 | $433 | $547 |