Overdue commercial property taxes in Elgin reach $861,497 in Q4 2023

Overdue commercial property taxes in Elgin reach 1,497 in Q4 2023
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As of Jan. 15, 13 commercial properties in Elgin were delinquent on their 2021 property taxes, according to the North Cook News analysis of data made available on the Cook County Treasurer’s website.

This translates to roughly $861,497 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 13 commercial properties in Elgin with unpaid 2021 taxes, according to BlockShopper.com.

Commercial properties in Elgin with unpaid 2021 taxes
Taxpayer Name Property Address Municipality Township PIN Total Tax Due Total Due (Including Interest)
Glorious Life 111 Woodview Drive Elgin Hanover 06-18-400-075-0000 $279,117 $356,437
DMB Realty, LLC 967 E. Chicago St. Elgin Hanover 06-18-302-073-0000 $157,477 $201,105
Michael Ray 950 Villa St. Elgin Hanover 06-19-106-014-0000 $47,145 $60,213
936 East Chicago Stree 950 E. Chicago St. Elgin Hanover 06-18-300-093-0000 $40,317 $51,493
Barb & Mike Ray 946 Villa St. Elgin Hanover 06-19-106-010-0000 $40,199 $51,343
Schneider & Steinke 928 E. Chicago St. Elgin Hanover 06-18-300-081-0000 $35,837 $45,773
Kenneth F. Wright 850 Bent St. Elgin Hanover 06-19-111-005-0000 $30,668 $39,172
Octavio Alfaro 760 Villa St. Elgin Hanover 06-19-100-002-0000 $25,844 $33,012
Adolph F. Willison 709 Laurel St. Elgin Hanover 06-18-301-025-0000 $3,720 $4,761
Glorious Life 37 Ceresa Drive Elgin Hanover 06-18-405-028-0000 $3,641 $4,659
Glorious Life 37 Ceresa Drive Elgin Hanover 06-18-405-026-0000 $3,594 $4,600
Leon Thompson 350 Willard Ave. Elgin Hanover 06-19-101-002-0000 $3,520 $4,505
Glorious Life 37 Ceresa Drive Elgin Hanover 06-18-405-027-0000 $3,450 $4,415


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