This translates to roughly $1,445,311 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 Olympia Fields with unpaid 2021 taxes, according to BlockShopper.com.
Taxpayer Name | Property Address | Municipality | Township | PIN | Total Tax Due | Total Due (Including Interest) |
---|---|---|---|---|---|---|
Governors Sai, LLC | 19900 Governors Drive | Olympia Fields | Rich | 31-14-200-027-0000 | $289,352 | $367,606 |
Governors Sai, LLC | 20000 Governors Drive | Olympia Fields | Rich | 31-14-200-025-0000 | $289,350 | $367,605 |
Governors Sai, LLC | 20200 Governors Drive | Olympia Fields | Rich | 31-14-200-010-0000 | $223,011 | $283,327 |
Governors Sai, LLC | 20280 Governors Drive | Olympia Fields | Rich | 31-14-200-006-0000 | $146,381 | $185,975 |
Sheldon Grad | 2605 Lincoln Highway | Olympia Fields | Rich | 31-24-208-033-0000 | $92,667 | $124,647 |
Sheldon Grad | 2605 Lincoln Highway | Olympia Fields | Rich | 31-24-208-022-0000 | $42,585 | $57,287 |
Sheldon Grad | 2605 Lincoln Highway | Olympia Fields | Rich | 31-24-208-034-0000 | $24,462 | $32,911 |
Sheldon Grad | 2605 Lincoln Highway | Olympia Fields | Rich | 31-24-208-023-0000 | $20,283 | $25,950 |