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Sunday, December 22, 2024

Half of Chicago suburbs’ 200 highest-paying commercial property taxpayers located in North Cook County, paid $227M last year

Woodfield mall

Woodfield Mall in Schaumburg, IL, paid more than $23 million in property taxes last year, second-highest in the suburban Chicago region. | By Ndshankar, via Wikimedia Commons

Woodfield Mall in Schaumburg, IL, paid more than $23 million in property taxes last year, second-highest in the suburban Chicago region. | By Ndshankar, via Wikimedia Commons

Half of suburban Chicago’s 200 highest tax-paying commercial properties are in northern Cook County, according to a Local Government Information Services (LGIS) analysis of property tax data from the Cook County Treasurer's Office. Collectively, these 100 properties contributed $227 million to Cook County’s public funds, which go toward municipal salaries and local school districts. 

LGIS ranked the commercial properties in suburban Chicago that were billed the most in the 2015 tax year. The 200 highest-paying properties paid $441 million; north Cook County made up 51 percent of this total. 

Cook County is unique in Illinois in that it assesses property taxes for commercial properties differently than for residential properties. While Cook County residential property tax assessments are capped at 10 percent of market value, commercial and industrial properties are capped at 25 percent. 

That means Cook County commercial property taxpayers can pay more than double the taxes of residential properties with identical market values.

Woodfield Mall’s owners paid the most in northern Cook County last year at $23.86 million for the Schaumburg property, or 10.5 percent of the total. Westfield Old Orchard shopping center in Skokie paid $13.9 million, followed by the AT&T building in Hoffman Estates at $7.14 million and Rivers Casino in Des Plaines at $6.44 million. 

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Top 200 Highest-Taxed Commercial Properties in North Cook County

 RankOverall RankPropertyTaxes PaidAddressCity
12Woodfield Mall$23,865,8591000 E Woodfield Rd, Schaumburg, IL 60173Schaumburg
23Westfield Old Orchard Shopping Center$13,908,3989200 Skokie Blvd, Skokie, IL 60077Skokie
35AT&T$7,140,8422000 Ameritech Dr, Hoffman Estates, IL 60192Hoffman Estates
47Rivers Casino$6,440,2313170 Des Plaines River Rd, Des Plaines, IL 60018Des Plaines
58Fashion Outlets of Chicago$6,166,5935220 Fashion Outlets Way, Rosemont, IL 60018Rosemont
610Hyatt Regency O'Hare$4,981,2859300 Bryn Mawr Ave, Rosemont, IL 60018Rosemont
712Northbrook Court$4,662,5111515 Lake Cook Rd, Northbrook, IL 60062Northbrook
815The Streets of Woodfield$3,726,401601 N Martingale Rd, Schaumburg, IL 60173Schaumburg
917Woodfield Corporate Center$3,508,910425 N Martingale Rd, Schaumburg, IL 60173Schaumburg
1018Luther Village$3,393,0161225 Luther Ln, Arlington Heights, IL 60004Arlington Heights

11204500 West Touhy $3,116,1044500 W Touhy Ave, Lincolnwood, IL 60712Lincolnwood
1221Continental Towers$2,994,4681701 W Golf Rd, Rolling Meadows, IL 60008Rolling Meadows

1325Woodfield Village Green$2,662,5401400 W Golf Rd, Schaumburg, IL 60173Schaumburg
1426Old Orchard Towers$2,629,3055202 Old Orchard Rd, Skokie, IL 60077Skokie
1527One O'Hare Centre$2,582,2736250 N River Rd, Rosemont, IL 60018Rosemont
1628Tarantula Ventures$2,517,6922200 Busse Rd, Elk Grove Village, IL 60007Elk Grove Village

1729Former Motorola Campus$2,511,5261301 E Algonquin Rd, Schaumburg, IL 60173Schaumburg
1830Zurich Towers$2,495,4961450 American Ln, Schaumburg, IL 60173Schaumburg
1931AON Office Building$2,470,9281000 Milwaukee Ave, Glenview, IL 60025Glenview
2032Woodfield Preserve Office Ctr II$2,414,25020 Martingale Rd, Schaumburg, IL 60173Schaumburg
2135Westin Hotel Resort$2,362,101601 N Milwaukee Ave, Wheeling, IL 60090Wheeling
2236Woodfield Corporate Center$2,344,120150 Martingale Rd, Schaumburg, IL 60173Schaumburg
23371600 Mcconnor Pkwy$2,286,8261600 Mc Connor Pky, Schaumburg, IL 60173Schaumburg
2440Arlington International Racecourse$2,214,2821000 Wilke Rd, Arlington Heights, IL 60004Arlington Heights

2542Woodfield Preserve I$2,142,62310 Martingale Rd, Schaumburg, IL 60173Schaumburg
2643Schaumburg Tower I$2,096,1631400 American Ln, Schaumburg, IL 60173Schaumburg
2744The Arboretum of South Barrington$2,095,822100 W Higgins Rd, South Barrington, IL 60010South Barrington
2845Shops at Orchard Place$2,093,4389601 N Skokie Blvd, Skokie, IL 60077Skokie
2947Town & Country Shopping Center$2,083,040325 E Palatine Rd, Arlington Heights, IL 60004Arlington Heights

3051Northshore University$2,063,2649811 Woods Dr, Skokie, IL 60077Skokie
3152909 Church Street$2,035,592909 Church St, Evanston, IL 60201Evanston
3256Atrium Corporate Center$1,957,8453800 W Golf Rd, Rolling Meadows, IL 60008Rolling Meadows

33584709 Golf Road$1,949,5894709 Golf Rd, Skokie, IL 60076Skokie
3459Medline Headquarters$1,937,6961 Three Lakes Dr, Northfield, IL 60093Northfield
3562Balmoral Business Campus$1,919,6635400 Pearl St, Rosemont, IL 60018Rosemont
3663Ikea Schaumburg$1,919,5701800 Mcconnor Pkwy, Schaumburg, IL 60173Schaumburg
37642600 W Sutton Rd$1,912,2992600 W Sutton Rd, Hoffman Estates, IL 60192Hoffman Estates
3865Mt. Prospect Plaza$1,909,6981000 Mount Prospect Plz, Mount Prospect, IL 60056Mount Prospect
39671031 Center Dr$1,863,7261031 Center Dr, Mount Prospect, IL 60056Mount Prospect
4068Woodfield Pointe Corporate Center$1,836,849231 N Martingale Rd, Schaumburg, IL 60173Schaumburg
4169Riverway Central$1,805,2959377 W Higgins Rd, Rosemont, IL 60018Rosemont
4271Orrington Plaza$1,780,1511603 Orrington Ave, Evanston, IL 60201Evanston
43765460 Williams St$1,681,0145460 Williams St, Rosemont, IL 60018Rosemont
4480Walmart - Palatine$1,646,0311555 N Rand Rd, Palatine, IL 60074Palatine
4581Sam's Club$1,630,411900 S Barrington Rd, Streamwood, IL 60107Streamwood
4682The Streets of Woodfield$1,629,880601 Martingale Rd, Schaumburg, IL 60173Schaumburg
4785International Village - Schaumburg$1,598,5561220 E Algonquin Rd, Schaumburg, IL 60173Schaumburg
4888Crowne Plaza Chicago O'Hare Hotel$1,579,1605440 River Rd, Rosemont, IL 60018Rosemont
49921705 Maple Ave$1,560,8891705 Maple Ave, Evanston, IL 60201Evanston
50945225 Prairie Stone Pkwy$1,557,3605225 Prairie Stone Pky, Hoffman Estates, IL 60192Hoffman Estates
519550 E Algonquin Rd$1,555,00550 E Algonquin Rd, Des Plaines, IL 60016Des Plaines
5296Harlem Irving Plaza$1,541,1424104 N Harlem Ave, Norridge, IL 60706Norridge
53971300 S Wolf Rd$1,536,4991300 S Wolf Rd, Des Plaines, IL 60018Des Plaines
5499Columbia Centre III$1,515,3379525 Bryn Mawr Ave, Rosemont, IL 60018Rosemont
55100Riverway$1,514,8239399 W Higgins Rd, Rosemont, IL 60018Rosemont
56101Golf Mill Office Building$1,500,5929101 Greenwood Dr, Niles, IL 60714Niles
57102Loews Chicago O'Hare Hotel$1,498,7275300 N River Rd, Rosemont, IL 60018Rosemont
58108Illinois Science + Technology Park$1,471,2048045 Lamon Ave, Skokie, IL 60077Skokie
59109Schaumburg Corporate Center II$1,465,7711515 E Woodfield Rd, Schaumburg, IL 60173Schaumburg
60112Sears - Woodfield Mall$1,457,5712 Woodfield Mall, Schaumburg, IL 60173Schaumburg
61114Northpoint Shopping Mall$1,454,010310 E Rand Rd, Arlington Heights, IL 60004Arlington Heights

62115One Century Centre$1,445,1071750 E Golf Rd, Schaumburg, IL 60173Schaumburg
63118Riverway$1,428,4336133 N River Rd, Rosemont, IL 60018Rosemont
64119Rosemont Convention Center$1,416,8625520 River Rd, Rosemont, IL 60018Rosemont
65123Chicago Marriott Schaumburg$1,400,69950 Martingale Rd, Schaumburg, IL 60173Schaumburg
66124Northrop Grumman$1,399,561600 S Hicks Rd, Rolling Meadows, IL 60008Rolling Meadows

67125Barrington Lakes Apartments$1,398,7792280 Hassell Rd, Hoffman Estates, IL 60169Hoffman Estates
68126Columbia Centre I$1,397,7565600 N River Rd, Rosemont, IL 60018Rosemont
69129O'Hare Lake Office Plaza$1,362,3262300 E Devon Ave, Des Plaines, IL 60018Des Plaines
70130Federal Mogul Corp.$1,361,6507300 Mccormick Blvd, Skokie, IL 60076Skokie
71133Chicago Marriott Suite O'Hare$1,359,6966155 N River Rd, Rosemont, IL 60018Rosemont
72134Shure Inc. Headquarters$1,357,5475800 W Touhy Ave, Niles, IL 60714Niles
73136Macy's Woodfield$1,338,8281 Woodfield Mall, Schaumburg, IL 60173Schaumburg
74141One Park Center$1,316,4255595 Trillium Rd, Hoffman Estates, IL 60192Hoffman Estates
75142Schaumburg Corporate Center II$1,314,5391515 E Woodfield Rd, Schaumburg, IL 60173Schaumburg
76143Willow Festival Shopping Center$1,303,658840 Willow Rd, Northbrook, IL 60062Northbrook
77146Riverway$1,292,6866111 N River Rd, Rosemont, IL 60018Rosemont
78147Windy Point I$1,292,6521500 Mc Connor Pky, Schaumburg, IL 60173Schaumburg
79153CVS Health Towers$1,267,5072211 Sanders Rd, Glenview, IL 60062Glenview
80155Pointe O'Hare II$1,263,9619550 W Higgins Rd, Rosemont, IL 60018Rosemont
81160Northwest Point$1,248,83425 Nw Point Blvd, Elk Grove Village, IL 60007Elk Grove Village

82165Abbott Molecular, Inc. $1,236,2531300 E Touhy Ave, Des Plaines, IL 60018Des Plaines
83166Village Crossing$1,226,9195555 W Touhy Ave, Niles, IL 60714Niles
84167One North Arlington$1,225,0591500 Shure Dr, Arlington Heights, IL 60004Arlington Heights

85168Two Park Center at Prairie Stone$1,220,9995550 Prairie Stone Pky, Hoffman Estates, IL 60192Hoffman Estates
861726400 Shafer Ct.$1,210,5426400 W Higgins Rd, Rosemont, IL 60018Rosemont
871735215 Old Orchard$1,208,1205215 Old Orchard Rd, Skokie, IL 60077Skokie
88175Glenbrook Hospital$1,204,9872100 Pfingsten Rd, Glenview, IL 60026Glenview
89178Centennial Center$1,200,5261900 E Golf Rd, Schaumburg, IL 60173Schaumburg
901791600 Corporate Center$1,200,1531600 W Golf Rd, Rolling Meadows, IL 60008Rolling Meadows

91181Bourbon Square Apartments$1,198,820500 Constitution Dr, Palatine, IL 60074Palatine
921829200 Skokie Blvd$1,198,4479200 N Skokie Blvd, Skokie, IL 60077Skokie
93183Anixter Headquarters$1,196,3932301 Patriot Blvd, Glenview, IL 60026Glenview
94190Nordstrom at Westfield Old Orchard$1,178,53477 Old Orchard Shopping Ctr, Skokie, IL 60077Skokie
95191Skokie Point$1,174,0169599 N Skokie Blvd, Skokie, IL 60076Skokie
96192Illnois Tool Works Headquarters$1,172,880155 Harlem Ave, Glenview, IL 60025Glenview
97193United Airlines Headquarters$1,163,3841200 E Algonquin Rd, Mount Prospect, IL 60016Mount Prospect
98196Sheraton Chicago O'Hare Airport Hotel$1,161,6126501 Mannheim Rd, Rosemont, IL 60666Rosemont
99198Village Square of Northbrook$1,150,592237 Skokie Blvd, Northbrook, IL 60062Northbrook
1002001400 E Irving Park$1,143,8521400 E Irving Park Rd, Streamwood, IL 60107Streamwood

Total$227,831,856

Source: Cook County Treasurer's Office

Top 30 Highest-Taxed Commercial Properties in Chicago Suburbs

Overall RankingPropertyTaxes PaidAddressCity
1Exxon Mobil$29,298,15925909 S Frontage Rd E, Channahon, IL 60410Channahon
2Woodfield Mall$23,865,8591000 E Woodfield Rd, Schaumburg, IL 60173Schaumburg
3Westfield Old Orchard Shopping Center$13,908,3989200 Skokie Blvd, Skokie, IL 60077Skokie
4Orland Square$9,065,41255 Orland Square Dr, Orland Park, IL 60462Orland Park
5AT&T$7,140,8422000 Ameritech Dr, Hoffman Estates, IL 60192Hoffman Estates
6Abbott Laboratories$6,844,47513652 W Buckley Rd, Lake Bluff, IL 60044Lake Bluff
7Rivers Casino$6,440,2313170 Des Plaines River Rd, Des Plaines, IL 60018Des Plaines
8Fashion Outlets of Chicago$6,166,5935220 Fashion Outlets Way, Rosemont, IL 60018Rosemont
9Chicago Ridge Mall$5,975,2099500 S Ridgeland Ave, Chicago Ridge, IL 60453Chicago Ridge
10Hyatt Regency O'Hare$4,981,2859300 Bryn Mawr Ave, Rosemont, IL 60018Rosemont
11Gurnee Mills$4,817,8876170 Grand Ave, Gurnee, IL 60031Gurnee
12Northbrook Court$4,662,5111515 Lake Cook Rd, Northbrook, IL 60062Northbrook
13River Oaks Center$4,555,41296 River Oaks Dr, Calumet City, IL 60409Calumet City
14North Riverside Park Mall$4,420,9997501 Cermak Rd, North Riverside, IL 60546North Riverside
15The Streets of Woodfield$3,726,401601 N Martingale Rd, Schaumburg, IL 60173Schaumburg
16Microsoft Data Center$3,662,404601 Northwest Ave, Northlake, IL 60164Northlake
17Woodfield Corporate Center$3,508,910425 N Martingale Rd, Schaumburg, IL 60173Schaumburg
18Luther Village$3,393,0161225 Luther Ln, Arlington Heights, IL 60004Arlington Heights

19Navistar Inc.$3,257,2572500 Warrenville Road, Lisle, IL 60532Lisle
204500 West Touhy $3,116,1044500 W Touhy Ave, Lincolnwood, IL 60712Lincolnwood
21Continental Towers$2,994,4681701 W Golf Rd, Rolling Meadows, IL 60008Rolling Meadows

22Vista Medical Center East$2,885,7601324 N Sheridan Rd, Waukegan, IL 60085Waukegan
23Fox Valley Mall$2,844,075195 Fox Valley Center Dr, Aurora, IL 60504Aurora
24UPS$2,798,3691 Ups Way, Hodgkins, IL 60525Hodgkins
25Woodfield Village Green$2,662,5401400 W Golf Rd, Schaumburg, IL 60173Schaumburg
26Old Orchard Towers$2,629,3055202 Old Orchard Rd, Skokie, IL 60077Skokie
27One O'Hare Centre$2,582,2736250 N River Rd, Rosemont, IL 60018Rosemont
28Tarantula Ventures$2,517,6922200 Busse Rd, Elk Grove Village, IL 60007Elk Grove Village

29Former Motorola Campus$2,511,5261301 E Algonquin Rd, Schaumburg, IL 60173Schaumburg
30Zurich Towers$2,495,4961450 American Ln, Schaumburg, IL 60173Schaumburg
Source: Cook County Treasurer's Office

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