On Feb. 1, 2021, Viola Michael A. and Viola Rosette sold their home at 2058 N. New England Ave., Chicago to Alex Razo for $245,000.
The amount paid for property taxes on this property in 2019 was $5,372.91, 2.19% of the sale price of the home.
The last time this home sold was Dec. 5, 2002. It last sold for $200,000.
This property is one of 15 sales in Galewood in February 2021.
This story was found on BlockShopper.com.
Streeterville, a Chicago neighborhood, saw its effective property tax rate rise from 1.1% in 2016 to 1.7% by 2025—a jump of 0.6 percentage points in 10 years, BlockShopper.com reports.
In the fourth quarter of 2025, Boystown homeowners in Chicago faced property taxes amounting to 1.5% of their home’s value, ranking the neighborhood considerably above the national average, BlockShopper.com reports.
Old Town’s effective property tax rate increased from 1.3% in 2016 to 1.7% in 2025, a rise of 0.4 percentage points over a decade, according to BlockShopper.com.
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