property taxes
‘Anger And Panic’ As Pilsen Landlords Scramble To Appeal Skyrocketing Tax Assessments
About 58 percent of homeowners in the 25th Ward, which includes Pilsen, saw higher property tax bills this year compared to 2020. But more than 93 percent of commercial owners in the ward were hit with tax hikes.
After Decades In Wicker Park, Senior Homeowners Forced Out By Skyrocketing Property Taxes: ‘This Neighborhood Has Broken My Heart’
Some homeowners bought their buildings in the '70s and '80s. But gentrification has made their property tax bills bigger than a mortgage — and they don't qualify for valuable tax breaks.
