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South Cook News

Sunday, November 24, 2024

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

Property tax 1

As of Jan. 15, four commercial properties in Worth 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 $94,025 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 four commercial properties in Worth with unpaid 2021 taxes, according to BlockShopper.com.

Commercial properties in Worth with unpaid 2021 taxes

Taxpayer NameProperty AddressMunicipalityTownshipPINTotal Tax DueTotal Due (Including Interest)
Spiro Gofis7017 W. 111th St.WorthWorth24-19-105-027-0000$32,802$41,854
Spiros Gofis7013 W. 111th St.WorthWorth24-19-105-026-0000$32,469$41,429
Spiros Gofis11113 S. Worth Ave.WorthWorth24-19-105-002-0000$5,651$7,219
Spiros Gofis6921 W. 111th St.WorthWorth24-19-106-006-0000$2,752$3,521

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