Once you purchase property in Illinois, you will begin the property tax cycle. Under the law, you will have to pay property taxes every year. To accurately charge you for these taxes, the state will need to go through a process. The Illinois Department of Revenue...
Homeowners and lawmakers hoping for some tax relief did not find it in 2021. For the fourth straight year, Illinois ranked as the state with the second-highest property taxes in the United States, trailing only New Jersey. The average Illinois homeowner paid $4,942 in...
Taxes are one of the few certainties in life, and if you own your own home, you can add property taxes to your annual tax budget. However, how much in taxes you should account for is a little less definite. Property taxes can increase or decrease based on a number of...
