This translates to roughly $370,145 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 six commercial properties in Lynwood with unpaid 2021 taxes, according to BlockShopper.com.
Taxpayer Name | Property Address | Municipality | Township | PIN | Total Tax Due | Total Due (Including Interest) |
---|---|---|---|---|---|---|
Loyalty Invest & Management | 209 Torrence Ave. | Lynwood | Bloom | 33-18-303-001-0000 | $100,754 | $124,781 |
Kevin Roscowski | 3333 Lincoln Highway | Lynwood | Bloom | 33-20-300-015-0000 | $61,583 | $78,528 |
Richard Schoon | 20770 S. Torrence Ave. | Lynwood | Bloom | 32-13-401-100-0000 | $51,319 | $65,447 |
Stark Logistics, LLC | 20834 S. Torrence Ave. | Lynwood | Bloom | 32-13-401-004-0000 | $40,095 | $52,773 |
Loudandi L L P | 19960 Torrence Ave. | Lynwood | Bloom | 32-12-401-004-0000 | $27,577 | $35,171 |
Davut Aygun | 21924 Lincoln Highway | Lynwood | Bloom | 33-29-100-028-0000 | $10,551 | $13,441 |