This translates to roughly $1,477 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 Greektown with unpaid 2021 taxes, according to BlockShopper.com.
Taxpayer Name | Property Address | Municipality | Township | Neighborhood | PIN | Total Tax Due | Total Due (Including Interest) |
---|---|---|---|---|---|---|---|
Dennis Greenan | 812 W. Van Buren St. | Chicago | West | Greektown | 17-17-228-020-1068 | $730 | $937 |
Shreenidhi Bharadwaj | 125 S Green St. | Chicago | West | Greektown | 17-17-215-024-1233 | $217 | $269 |
Windy City 333, LLC | 123 S Green St. | Chicago | West | Greektown | 17-17-215-024-1323 | $217 | $269 |