Too often the people hurt by the current system are seniors on fixed incomes, communities are destabilized and generational wealth disappears,” said state Sen. Willie Preston.
Rock Island County required tax buyers at its Dec. 30 sale to attest they would protect homeowners’ equity as judges warn Illinois counties may be liable.
A federal court judge recently ruled the most egregious feature of Illinois’ tax sale law, allowing for the total loss of ...
County officials are turning to federal court over regulations of delinquent property taxes that they say puts them in an impossible bind. Two Illinois counties surrounding Chicago, Lake and DuPage ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The state of Illinois is considering taking a significant ...
CHICAGO (WLS) -- An obscure practice that lets private investors extract millions in equity from Illinois homeowners is now under legal fire. For decades, county treasurers in Illinois have collected ...
Roland Calia, a public finance consultant with The Civic Federation, outlines the stakes in an August 2025 report: "Maintaining strong property tax collection rates-typically above 95%-is critical for ...
The current system harms many homeowners, but its most severe consequences fall on Black and Brown households on the city's ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Trump wants to ban investors from buying up houses. Here's ...
Officials from eight Illinois counties are grappling with the fallout of a U.S. Supreme Court ruling that could jeopardize the longstanding practice of seizing homes over unpaid property taxes. The ...
A new Senate bill amendment backed by the Cook County treasurer’s office and the Chicago Community Trust seeks to reform Illinois’ property tax sale system. Backers such as state Rep. Kam Buckner, a ...
Illinois’ property tax sale system is slated for reform now that a measure backed by the Cook County treasurer’s office and the Chicago Community Trust has cleared the legislature and is headed to Gov ...