Cook County Property Taxes Rising, Despite slump

Dreaded property tax bills are expected to hit Cook County mailboxes the first week of October, and homeowners might find them a bit plumper than last year despite the continued housing market malaise.

Figures released Thursday by County Clerk David Orr showed that Chicago residential, commercial and industrial property owners will be asked to collectively shell out $4.05 billion in property taxes. That’s up 3.4 percent from last year. The increase is largely due to more revenue being sought by the cash-strapped city schools

Read the full article at Chicago Tribune online:,0,1668417.story.  By Bob Secter and Erika Slife, Tribune reporters

8:42 PM CDT, September 22, 2011