North Riverside Park Mall in North Riverside, IL paid $4.4 million in property taxes last year.
North Riverside Park Mall in North Riverside, IL paid $4.4 million in property taxes last year.
Nineteen of suburban Chicago’s 200 highest tax-paying commercial properties are in western Cook County, according to a Local Government Information Services (LGIS) analysis of property tax data from the Cook County Treasurer. Collectively, these 19 properties contributed $34.71 million to Cook County’s public funds, which go towards municipal salaries and local school districts.
LGIS ranked the commercial properties in suburban Chicago that were billed the most in the 2015 tax year. The 200 highest-paying properties paid $441 million; western Cook County made up 7.8 percent of this total.
Cook County is unique in Illinois in that it assesses property taxes for commercial properties differently than for residential properties. While Cook County residential property tax assessments are capped at 10 percent of market value, commercial and industrial properties are capped at 25 percent.
That means Cook County commercial property taxpayers can pay more than double the taxes of residential properties with identical market values.
North Riverside Park Mall’s owners paid the most in western Cook County last year at $4.42 million for the North Riverside property, or 12.7 percent of the total. Microsoft Data Center in Northlake was billed at $3.66 million, followed by UPS in Hodgkins at $2.79 million and North Riverside Plaza in North Riverside at $2.07 million.
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Top Commercial Property Taxpayers in South Cook County
Rank | Overall Rank | Property | Taxes Paid | City | Address |
1 | 14 | North Riverside Park Mall | $4,420,999 | North Riverside | 7501 Cermak Rd, North Riverside, IL 60546 |
2 | 16 | Microsoft Data Center | $3,662,404 | Northlake | 601 Northwest Ave, Northlake, IL 60164 |
3 | 24 | UPS | $2,798,369 | Hodgkins | 1 Ups Way, Hodgkins, IL 60525 |
4 | 48 | North Riverside Plaza | $2,078,254 | North Riverside | 2300 Cermak Rd, North Riverside, IL 60546 |
5 | 53 | 400 North Wolf Road | $2,029,316 | Northlake | 400 N Wolf Rd, Northlake, IL 60164 |
6 | 57 | 2795 W Washington Blvd | $1,953,950 | Bellwood | 2795 W Washington Blvd, Bellwood, IL 60104 |
7 | 70 | Walmart - Cicero | $1,803,038 | Cicero | 3320 S Cicero Ave, Cicero, IL 60804 |
8 | 93 | UPS | $1,558,217 | Hodgkins | 1 Ups Way, Hodgkins, IL 60480 |
9 | 111 | Progress Rail Locomotive Inc. | $1,462,247 | McCook | 9301 W 55Th St, McCook, IL 60525 |
10 | 117 | Winston Plaza | $1,431,710 | Melrose Park | 1000 W North Ave, Melrose Park, IL 60160 |
11 | 121 | Super Target - Broadview | $1,407,480 | Broadview | 800 Broadview Square, Broadview, IL 60155 |
12 | 137 | UPS | $1,331,455 | Hodgkins | 1 Ups Way, Hodgkins, IL 60525 |
13 | 138 | Thatcher Woods Center | $1,331,435 | River Grove | 8301 W Belmont Ave, River Grove, IL 60171 |
14 | 145 | Navistar | $1,293,944 | Melrose Park | 10400 W North Ave, Melrose Park, IL 60160 |
15 | 151 | 9201 W Belmont Ave. | $1,274,926 | Franklin Park | 9201 Belmont Ave, Franklin Park, IL 60131 |
16 | 158 | Sears Outlet | $1,256,417 | Melrose Park | 2057 W Palmer Ave, Melrose Park, IL 60160 |
17 | 162 | Diversified Entities, LLC | $1,247,519 | Melrose Park | 5000 Mcdermott Dr, Melrose Park, IL 60163 |
18 | 171 | Hawthorne Racecourse | $1,214,738 | Stickney | 3501 S Laramie Ave, Stickney, IL 60804 |
19 | 197 | 8999 W Palmer | $1,156,911 | River Grove | 8999 W Palmer St, River Grove, IL 60171 |
TOTAL | $34,713,330 |
Top 30 Commercial Property Taxpayers in Chicago Suburbs
Overall Rank | Property | Taxes Paid | City | Address |
1 | Exxon Mobil | $29,298,159 | Channahon | 25909 S Frontage Rd E, Channahon, IL 60410 |
2 | Woodfield Mall | $23,865,859 | Schaumburg | 1000 E Woodfield Rd, Schaumburg, IL 60173 |
3 | Westfield Old Orchard Shopping Center | $13,908,398 | Skokie | 9200 Skokie Blvd, Skokie, IL 60077 |
4 | Orland Square | $9,065,412 | Orland Park | 55 Orland Square Dr, Orland Park, IL 60462 |
5 | AT&T | $7,140,842 | Hoffman Estates | 2000 Ameritech Dr, Hoffman Estates, IL 60192 |
6 | Abbott Laboratories | $6,844,475 | Lake Bluff | 13652 W Buckley Rd, Lake Bluff, IL 60044 |
7 | Rivers Casino | $6,440,231 | Des Plaines | 3170 Des Plaines River Rd, Des Plaines, IL 60018 |
8 | Fashion Outlets of Chicago | $6,166,593 | Rosemont | 5220 Fashion Outlets Way, Rosemont, IL 60018 |
9 | Chicago Ridge Mall | $5,975,209 | Chicago Ridge | 9500 S Ridgeland Ave, Chicago Ridge, IL 60453 |
10 | Hyatt Regency O'Hare | $4,981,285 | Rosemont | 9300 Bryn Mawr Ave, Rosemont, IL 60018 |
11 | Gurnee Mills | $4,817,887 | Gurnee | 6170 Grand Ave, Gurnee, IL 60031 |
12 | Northbrook Court | $4,662,511 | Northbrook | 1515 Lake Cook Rd, Northbrook, IL 60062 |
13 | River Oaks Center | $4,555,412 | Calumet City | 96 River Oaks Dr, Calumet City, IL 60409 |
14 | North Riverside Park Mall | $4,420,999 | North Riverside | 7501 Cermak Rd, North Riverside, IL 60546 |
15 | The Streets of Woodfield | $3,726,401 | Schaumburg | 601 N Martingale Rd, Schaumburg, IL 60173 |
16 | Microsoft Data Center | $3,662,404 | Northlake | 601 Northwest Ave, Northlake, IL 60164 |
17 | Woodfield Corporate Center | $3,508,910 | Schaumburg | 425 N Martingale Rd, Schaumburg, IL 60173 |
18 | Luther Village | $3,393,016 | Arlington Heights | 1225 Luther Ln, Arlington Heights, IL 60004 |
19 | Navistar Inc. | $3,257,257 | Lisle | 2500 Warrenville Road, Lisle, IL 60532 |
20 | 4500 West Touhy | $3,116,104 | Lincolnwood | 4500 W Touhy Ave, Lincolnwood, IL 60712 |
21 | Continental Towers | $2,994,468 | Rolling Meadows | 1701 W Golf Rd, Rolling Meadows, IL 60008 |
22 | Vista Medical Center East | $2,885,760 | Waukegan | 1324 N Sheridan Rd, Waukegan, IL 60085 |
23 | Fox Valley Mall | $2,844,075 | Aurora | 195 Fox Valley Center Dr, Aurora, IL 60504 |
24 | UPS | $2,798,369 | Hodgkins | 1 Ups Way, Hodgkins, IL 60525 |
25 | Woodfield Village Green | $2,662,540 | Schaumburg | 1400 W Golf Rd, Schaumburg, IL 60173 |
26 | Old Orchard Towers | $2,629,305 | Skokie | 5202 Old Orchard Rd, Skokie, IL 60077 |
27 | One O'Hare Centre | $2,582,273 | Rosemont | 6250 N River Rd, Rosemont, IL 60018 |
28 | Tarantula Ventures | $2,517,692 | Elk Grove Village | 2200 Busse Rd, Elk Grove Village, IL 60007 |
29 | Former Motorola Campus | $2,511,526 | Schaumburg | 1301 E Algonquin Rd, Schaumburg, IL 60173 |
30 | Zurich Towers | $2,495,496 | Schaumburg | 1450 American Ln, Schaumburg, IL 60173 |