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https://www.chicagotribune.com/2025/11/17/chicago-property-tax-bills-skyrocket-2025/

"An analysis from Cook County Treasurer Maria Pappas’ office found the median property tax bill for a Chicago homeowner jumped 16.7% since last year, the largest percentage increase in at least 30 years. The surge follows similar spikes in Cook County’s north and south suburbs over the last two years and complicates the job of the Chicago City Council as it considers tax hikes to help close a historic budget gap."

"“When you have a vacancy rate in commercial properties the way we do in the city right now, commercial (valuations are) going to go down,” Pappas said in an interview Friday. “So, who has to pick it up? It’s like a scale. If … one side goes down, the other goes up.”"

"The median residential bill in the Chicago community areas of Englewood, West Pullman, West Englewood, Fuller Park, New City, East Garfield Park and Riverdale each increased between 54% and 82%. Even outside those neighborhoods, South and West Side homeowners faced steeper increases than the rest of the city."

"This year’s bills reflect last year’s citywide reassessment by Kaegi’s office, the results of appeals before the county’s Board of Review and higher overall tax levies by local governments. The city of Chicago has not increased its levy since 2022, but Chicago Public Schools — which is the biggest recipient of property tax revenue in Chicago — has consistently raised its levy by the maximum allowed under state law and has sometimes even exceeded that cap through special carve-outs, a recent study found."

"“It’s probably the most unhappy ‘I told you so’ a person could offer,” said Farzin Parang, executive director of the Building Owners and Managers Association of Chicago, which represents downtown office owners. Parang said he has been warning for years that chronically high vacancies and depressed sales downtown would eventually push more of the tax burden onto city homeowners."

nothing to see here, especially since it's on the south and west sides.