Estimated Effective Property Tax Rates 2001-2010: Selected Municipalities in Northeastern Illinois

January 28, 2013

This report compares effective property tax rates in selected communities around metropolitan Chicago and finds that effective tax rates in 2010 for residential and commercial properties rose for each of the 32 municipalities studied. Additionally, effective tax rates in 2010 were higher than they were 10 years ago for all communities studied, except for industrial properties in Chicago, which were down by 15.1% since 2001. Between 2009 and 2010 commercial effective tax rates in each of the 12 Cook County communities studied went up by between 62.6% and 86.6%.

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