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Chicago City Wire

Monday, November 25, 2024

Overdue commercial property taxes in Archer Heights reach $8,594 in Q4 2023

Property tax 7

As of Jan. 15, two commercial properties in Archer Heights 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 $8,594 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 the commercial properties in Archer Heights with unpaid 2021 taxes, according to BlockShopper.com.

Commercial properties in Archer Heights with unpaid 2021 taxes

Taxpayer NameProperty AddressMunicipalityTownshipNeighborhoodPINTotal Tax DueTotal Due (Including Interest)
4877 S Archer, LLC4877 S. Archer Ave.ChicagoLakeArcher Heights19-11-115-008-0000$4,575$5,477
PM Investments, LLC4432 S. Kildare Ave.ChicagoLakeArcher Heights19-03-400-135-0000$2,414$3,116

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