‘We are in peril’: How skyrocketing property taxes are threatening Chicago's Pilsen neighborhood

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Published 2023-02-06
Homeowners in Pilsen saw an average 47% increase in their property tax bills, and it’s not just families feeling the financial whiplash.

All Comments (21)
  • @jtheb9585
    The problem is y'all keep voting them in Edit: 500+ likes thanks guys!
  • They tell you property taxes pay for schools, but never mention that the school students cant do basic reading, writing, or math despite an endless money supply.
  • The gaslighting by these government officials is unmatched.
  • @Dowell318
    Gotta love the way they go straight to a false choice: Either commerical property must pay more or residential property must pay more. Never do they address the basic idea of government spending less.
  • @eliovera7617
    Meanwhile, Mayor Johnson is spending 30k in hairstylist from public funds, outrageous 🤬🤬🤬🤬🤬
  • @opie32958
    I wanted to throw up every time these greedy government officials said that since the business valuations went down, homeowners' taxes had to go up to make the difference. That's a lie. The government can simply do with less, just like working people do when their sources of income go down.
  • @radow869
    So they can steal your property.
  • I had someone standing behind me while I paid my tax bill. They couldn’t believe what I paid-close to $13,000. My taxes are more than my mortgage portion. We live in not Cook, but Crook County.
  • We saw the same thing in Utah. My property taxes have more than doubled in the past ten years and increased about 25 percent from last year to this. Property taxes based on the value of your property is really just a sneaky way to tax unrealized gains. I think you should pay taxes on what you purchased your home for when it was bought and that’s the “value” so as long as you use that property as your primary residence. For seniors that paid a low price for their homes decades ago can’t get priced out of the home they worked so hard to pay off and retire in.
  • @AccordionJoe1
    I left Illinois years ago. My property tax was $5,000. Years later in a comparable house in western North Carolina, my property tax is $1,100 and the schools, roads and other services are better here than in Illinois.
  • Best decision we EVER made was getting out of this wretched state. Nothing but crooks everywhere.
  • @patrickp8315
    Cook county needs to live within their means. Stop pick pocketing purses of the residents. Cap the annual property tax increase.
  • This is the inherent flaw of property taxes. You punish people for making their neighborhoods better/successful. So next time there's a opportunity to give business opportunities,fixing the sidewalks, or adding public space, people won't want it for fear of higher property taxes. We need to replace this with something else.
  • Like I said before you truly never outright own your home! Once you stop paying property taxes you will lose your home 🏡 💯.
  • I grew up in Glenview. My parents bought a house back in 1999 for $206,000 and our property taxes were around $6-7k per year and going up every year. We couldn't afford it, had to move out. Worst thing is 45% of that went to a HUGE library that nobody wanted nor uses. Horrible state, can't wait to graduate college and move TF out.
  • Even if you own a house with no mortgage, you're still renting the land from the government.
  • @aheimdahl5201
    This is why people are leaving Chicago and the near Suburbs for other States. They are chasing away their Tax Revenue Base.
  • @nickwinn
    Big developers can literally force people out of their houses by raising the value of surrounding property, causing the taxes to chock people out and be forced to sell. Property Taxes need to be locked in at the time of purchase and only allowed to change if the property is transferred to a new owner.
  • I moved in early 2020 and am so glad I left. I paid close to $13k in property taxes during 2019 and I questioned what the hell I was getting for it and that was before the city officials chose to allow the crime in the city to skyrocket. Taxes on a $1 million home in the northern suburbs of Chicago, such as Winnetka, might be close to $30k/year. In Tennessee, taxes on a $1 million home in Brentwood, the wealthiest city in the state, are around $3-4k, if you can believe that, and the public school system in Brentwood is not exactly inferior to that in Winnetka. Unless you have family ties or cannot move due to a job, there is not much reason to stay in Illinois.