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Sunday, November 24, 2024

How much did residential taxpayers in Big Oaks owe in overdue property taxes in Q4 2023?

Tax 2

As of Jan. 15, five residential properties in Big Oaks 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 $16,741 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 five residential properties in Big Oaks with unpaid 2021 taxes, according to BlockShopper.com.

Residential properties in Big Oaks with unpaid 2021 taxes

Taxpayer NameProperty AddressMunicipalityTownshipNeighborhoodPINTotal Tax DueTotal Due (Including Interest)
Edgar R. Londono4822 N. Normandy Ave.ChicagoJeffersonBig Oaks13-07-419-013-0000$4,427$5,620
Albert Bobek & Celina4909 N. Sayre Ave.ChicagoJeffersonBig Oaks13-07-326-045-0000$3,394$4,066
Evangelina a Amago5023 N. Sayre Ave.ChicagoJeffersonBig Oaks13-07-315-013-0000$2,668$3,221
Aaac Property, LLC4859 N. Harlem Ave.ChicagoJeffersonBig Oaks13-07-336-029-1063$1,913$2,296
Ashaben B Patel4851 N. Harlem Ave.ChicagoJeffersonBig Oaks13-07-336-029-1053$1,276$1,535

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