Urban Real Estate

Chicago's Property Taxes Remain Lower Than 'Burbs

Chicago's Property Taxes Remain Lower Than 'Burbs

Even with the recent record tax increase, homeowners in Chicago still pay less in taxes than nearly every one of the city's suburbs.

WTTW's Chicago Tonight recently aired an interview between Phil Ponce and journalist Dennis Rodkin to discuss the impact of the property tax increase on homeownership and Rodkin noted that the city's robust downtown properties, as well as its still-significant manufacturing base, continue to help offset the tax bills of average home owners.

Listen to the whole interview at Chicago Tonight's website here.