This translates to roughly $107,737 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 Hanover Park with unpaid 2021 taxes, according to BlockShopper.com.
| Taxpayer Name | Property Address | Municipality | Township | PIN | Total Tax Due | Total Due (Including Interest) |
|---|---|---|---|---|---|---|
| Phoenix Bond | 7450 Jensen Blvd. | Hanover Park | Hanover | 06-25-411-023-0000 | $53,044 | $67,739 |
| Santo Allegra | 7450 Jensen Blvd. | Hanover Park | Hanover | 06-25-411-028-0000 | $18,941 | $24,195 |
| Santo Allegra | 7450 Jensen Blvd. | Hanover Park | Hanover | 06-25-411-024-0000 | $12,368 | $15,802 |
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