* Phil Kadner…
Although Chicago property tax rates jumped 10 percent in 2016, they still aren’t close to the oppressive property taxes being paid in some of the poorest south suburbs.
While the average property tax rate for a home in the City of Chicago is 7.14 percent, homeowners in Ford Heights — one of the poorest communities in the state — were paying the highest tax rate in Cook County at 38.5 percent. The property tax rate in Park Forest was second highest at 35.8 percent and homeowners in Chicago Heights are paying a property tax rate of 34.18 percent.
The average property tax rate in the south suburbs, according to Cook County Clerk David Orr’s office, is 13.3 percent, nearly double the tax rate in Chicago, while homeowners in the north suburbs are hit with an average tax rate of 9.2 percent.
Gov. Bruce Rauner has repeatedly called for a property tax freeze, which would be nice for Chicago property owners, but would do nothing at all for people living in some of the poorest communities in the state — which happen to be located in south Cook County. For more than a decade they’ve been hit with the highest property tax rates, often driving the few businesses they have across the border to Indiana.