This translates to roughly $994,273 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 eight commercial properties in Richton Park with unpaid 2021 taxes, according to BlockShopper.com.
| Taxpayer Name | Property Address | Municipality | Township | PIN | Total Tax Due | Total Due (Including Interest) |
|---|---|---|---|---|---|---|
| Lakewood Partners | 5089 Sauk Trail | Richton Park | Rich | 31-33-200-040-0000 | $176,128 | $224,583 |
| Falcon Transactions an | 5125 Sauk Trail | Richton Park | Rich | 31-33-200-013-0000 | $168,254 | $214,543 |
| RMS Properties | 22352 Governors Highway | Richton Park | Rich | 31-34-206-012-0000 | $140,004 | $178,095 |
| AZ Management | 3911 Sauk Trail | Richton Park | Rich | 31-35-100-007-0000 | $116,292 | $147,384 |
| Murphy B. Liang | 22048 Governors Highway | Richton Park | Rich | 31-27-402-008-0000 | $82,497 | $104,932 |
| Corporation of Capital | 23060 Cicero Ave. | Richton Park | Rich | 31-33-401-007-0000 | $43,631 | $55,640 |
| Illinois Land Trust | 3677 Sauk Trail | Richton Park | Rich | 31-35-103-002-0000 | $36,104 | $45,928 |
| CTLTC 008002353556 | 3719 Sauk Trail | Richton Park | Rich | 31-35-102-004-0000 | $18,206 | $23,164 |
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