Cook County property taxes are higher in the south suburbs than in the north suburbs, largely due to how they're used to fund schools.
If Dugravot's house was located in neighboring Park Forest, where combined local taxes create a rate as high as 43%, her bill would be $56,000. If she lived in the north suburb of Northfield, where people pay a local tax rate as low as 7%, she would pay only $9,000. "You have thousands of homeowners who won't be able to afford their bills, they will lose their homes and there won't be anyone behind them because the taxes are unsustainable," he said.South suburban property assessments jump up 100-200 percent, bringing huge tax increases
Source: Real Estate Daily Report (realestatedailyreport.net)
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