Quantcast

South Cook News

Friday, May 17, 2024

Overdue commercial property taxes in Burbank reach $73,898 in Q4 2023

Tax 3

As of Jan. 15, three commercial properties in Burbank 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 $73,898 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 three commercial properties in Burbank with unpaid 2021 taxes, according to BlockShopper.com.

Commercial properties in Burbank with unpaid 2021 taxes

Taxpayer NameProperty AddressMunicipalityTownshipPINTotal Tax DueTotal Due (Including Interest)
Dabbah Properties4809 83rd St.BurbankStickney19-33-408-006-0000$29,581$39,394
Buw, LLC5403 79th St.BurbankStickney19-33-114-002-0000$16,382$20,891
Buw, LLC5403 79th St.BurbankStickney19-33-114-001-0000$10,671$13,611

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS