[bgill]

Big freakin’ deal. So, a $250k Chicago house is currently only paying $750 dollars in property taxes. That’s a bargain. I’m paying $5500 (no city taxes) on a 1600 sq ft 3/2 60 year old house on a small lot that anywhere else in the country would be assessed at no more than $100k.

[ChiMark]

i don't know where you get that stat but the taxes are 6X what
you quote. Our current tax bills for cook county came in last week with a hefty
30% increase.

A house your size in Chicago on a 30'X125’ lot would be about $5500 to $6000
per year. Also you have to consider the myriad of other ancillary taxes were hit with every day in this S==== hole city . Chicago is one of the highest taxed city's in America

[kiryandil]

Big freakin’ deal. So, a $250k Chicago house is currently only paying $750 dollars in property taxes. That’s a bargain. I’m paying $5500 (no city taxes) on a 1600 sq ft 3/2 60 year old house on a small lot that anywhere else in the country would be assessed at no more than $100k.

The peasants need to pass "get your mind right" bills on property taxes.

I call it "Here's The Keys For 80%".

The assessor says your place is worth $100,000 - here's the keys for $80,000. Cut me a check NOW, local gruberment. You're making 20% on your "investment", according to your "valuation".