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South Cook News

Monday, May 20, 2024

Who in Homewood didn't pay their commercial property taxes during Q4 2023?

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As of Jan. 15, nine commercial properties in Homewood were delinquent on their 2021 property taxes, according to the South Cook News analysis of data made available on the Cook County Treasurer's website.

This translates to roughly $598,426 in debts.

Illinois Republicans proposed a bill that aims to reduce the state's second-in-the-nation property taxes, arguing high taxes create "opportunity deserts" in minority communities and hinder economic growth. The bill claims to deliver 50% relief without affecting the state budget, though it could lower school levies in certain places.

Not only does Illinois hold the second-highest property taxes in the US, but a 2023 study found that the state has the highest overall tax rate in the country. A typical Illinoisian family pays around $10,463 in state and local taxes, which translates to approximately 15.05% of their average income.

The following table lists all nine commercial properties in Homewood with unpaid 2021 taxes, according to BlockShopper.com.

Commercial properties in Homewood with unpaid 2021 taxes

Taxpayer NameProperty AddressMunicipalityTownshipPINTotal Tax DueTotal Due (Including Interest)
17924 S Halsted St.17924 Halsted St.HomewoodThornton29-32-401-026-0000$129,432$165,018
HLMC Title Serv, Inc.17532 Dixie HighwayHomewoodThornton29-31-112-025-0000$86,003$104,517
Construction Sourcellc18350 Kedzie Ave.HomewoodRich31-02-201-012-0000$60,425$78,087
Veer & Pari an Illinoi18741 Dixie HighwayHomewoodBloom32-06-400-064-0000$52,235$66,565
Homewood Property, LLC1757 Ridge RoadHomewoodThornton29-31-412-039-0000$51,329$65,447
The Langfan Company3325 183rd St.HomewoodRich31-02-201-022-0000$43,732$56,999
Nola North, LLC17829 Bretz DriveHomewoodThornton29-33-100-067-1005$26,208$33,422
Full Moon Development18155 Dixie HighwayHomewoodThornton29-31-409-075-0000$19,384$26,082
HLMC Title Services in17532 Dixie HighwayHomewoodThornton29-31-112-027-0000$1,794$2,286

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