Category: Assessment Reviews

Where’s the surprise? Illinois rated in ‘most unfair’ tax system

WLS news headlines a ranking of the states based on tax fairness. WalletHub says Americans think fairness taxes impose higher taxes on Higher-income households.  According to WalletHub, Illinois is the third worst state for overtaxing the poor, Indiana is 9th worst. Illinois, Indiana named among nation’s most unfair tax states | abc7chicago.com Chicago-WLS—-Illinois and Indiana Read More …

Foreclosures dropping substantially: Reality Trac-Lucid

An interesting review of the Chicago home market.  Lucid Realty has provided some insight into the latest market data provided by Realty Trac.  Lucid, in their Getting Real newsletter, has been a leader in understanding and interpreting property data from Chicagoland home sales. RealtyTrac Market Report: Chicago Foreclosures Bottoming Out In August Article by Gary Read More …

“High Property Taxes are Driving the American Dream Underground”

Even Downstate Illinois complain about high taxes, stating that “high property taxes are driving the American Dream underground”, and they’re a bit more reasonable than ours here in Lake County!!!  A guest commentary article from the downstate News-Gazette suggests that a tax freeze would help taxpayers recover from some of the revenue wasting exercises by politicians, municipalities and Read More …