
Stella’s
Their property taxes went up 42% to over $40,000 per year the last time the assessor stopped by...and that’s after they got a lawyer!

Stella’s
Their property taxes went up 42% to over $40,000 per year the last time the assessor stopped by...and that’s after they got a lawyer!

PJ Klem’s
According to the assessor, the assessed value of this property is 71% higher than it was between 2003-2005 and the owner now pays over $55,000 a year for the privilege to “own” it.
Up up and Away
Down Down Down
This couple’s property’s assessed value more than tripled in six years.
We all can understand that after the tragic events of 9/11 the value of the Sears/Willis Tower fell. But did you know that well after 9/11, between 2006 to 2009, the assessed value fell another $21 million.
The Citigroup Center houses the Ogilvie Transportation Center from which many Metra Trains come and go. The Assessor said the building had an assessed value was $84 million in 2006. Now its assessed value is only $63.5 million, nearly a 25% drop.
Another office tower that has seen a notable drop in its value. The UBS Tower’s assessed value was $74 million in 2006...it now stands at $63 million.
The Cook County Coalition for Tax Relief does not wish higher taxes upon anyone, but when the combined assessed value of the above three skyscrapers fell by over $52 million between 2006 and 2009, do you think the county cut spending appropriately or do you think they went looking for the money from someone else?