08/26/2026
Cook County property taxes just hit a record $19.9 billion. 📈
Homeowners from Chicago to Palatine are covering most of the increase. 🙁
Of the $743.8 million in new taxes requested, residential owners will pay $593.4 million — about 80%.
This marks 32 consecutive years of annual increases.
641 of 740 local districts raised taxes.
And with rising commercial vacancies throughout the Chicagoland area, more of the tax burden continues shifting onto residential properties.
Treasurer Maria Pappas put it plainly:
“If you have 80% of the people sitting at home… and don’t vote, this is what you’re going to get.”
These numbers affect more than your tax bill. They impact your home’s equity, your monthly budget, and how competitive your property is if you decide to sell.
Many homeowners are asking the same quiet question:
“Is it time to go?”
If rising taxes have you thinking about selling and relocating, message me for a no-pressure breakdown of your home’s current value.
📲 847.347.4925