On Sept. 27, Marquis Prop LLC sold their two bedroom, one bathroom home at 40 E. Ninth St. 805, Chicago to Sumana and Partha Ryali for $236,000.
The amount paid for property taxes on this property in 2019 was $4,056.83, 1.72% of the sale price of the home.
This home last sold on April 10, 2014 for $212,000.
This property is one of 82 sales so far in South Loop in September 2021.
This story was found on BlockShopper.com.
Paul Vallas criticizes Cook County’s property tax system for disproportionately affecting residents while benefiting political figures.
A rise in property taxes for Chicago homeowners is linked to companies leaving downtown due to safety concerns and economic challenges.
There were 380 reported residential sales in Cook County in the week ending Oct. 18, according to BlockShopper.com.
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