This translates to roughly $92,566 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 the commercial property in Barrington with unpaid 2021 tax, according to BlockShopper.com.
Taxpayer Name | Property Address | Municipality | Township | PIN | Total Tax Due | Total Due (Including Interest) |
---|---|---|---|---|---|---|
Sanday Decatur &DJ, LLC | 1205 S. Northwest Highway | Barrington | Palatine | 02-08-100-039-0000 | $73,910 | $92,566 |