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New Chicago Property Assessment Pushes Tax Burden from Homeowners to Businesses, Assessor Fritz Kaegi Says

The value of commercial properties increased 56% from 2018 to 2021, compared with 10% for single-family homes and small apartment buildings, according to the data released by the Cook County assessor’s office. That could result in a consequential change in how Cook County’s property tax burden is carved up. 
United States Cook County Lincoln Park Near North Side Joe Berrios Maze Jackson
Source: wttw.com

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