Quantcast

West Cook News

Monday, December 23, 2024

Nineteen of Chicago suburbs’ top 200 highest-paying commercial property taxpayers located in West Cook County, paid $34M last year

Northriversideparkmall

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.

---

Top Commercial Property Taxpayers in South Cook County

RankOverall RankPropertyTaxes PaidCityAddress
114North Riverside Park Mall$4,420,999North Riverside7501 Cermak Rd, North Riverside, IL 60546

216Microsoft Data Center$3,662,404Northlake601 Northwest Ave, Northlake, IL 60164

324UPS$2,798,369Hodgkins1 Ups Way, Hodgkins, IL 60525

448North Riverside Plaza$2,078,254North Riverside2300 Cermak Rd, North Riverside, IL 60546

553400 North Wolf Road$2,029,316Northlake400 N Wolf Rd, Northlake, IL 60164

6572795 W Washington Blvd$1,953,950Bellwood2795 W Washington Blvd, Bellwood, IL 60104

770Walmart - Cicero$1,803,038Cicero3320 S Cicero Ave, Cicero, IL 60804

893UPS$1,558,217Hodgkins1 Ups Way, Hodgkins, IL 60480

9111Progress Rail Locomotive Inc.$1,462,247McCook9301 W 55Th St, McCook, IL 60525

10117Winston Plaza$1,431,710Melrose Park1000 W North Ave, Melrose Park, IL 60160

11121Super Target - Broadview$1,407,480Broadview800 Broadview Square, Broadview, IL 60155

12137UPS$1,331,455Hodgkins1 Ups Way, Hodgkins, IL 60525

13138Thatcher Woods Center$1,331,435River Grove8301 W Belmont Ave, River Grove, IL 60171

14145Navistar$1,293,944Melrose Park10400 W North Ave, Melrose Park, IL 60160

151519201 W Belmont Ave.$1,274,926Franklin Park9201 Belmont Ave, Franklin Park, IL 60131

16158Sears Outlet$1,256,417Melrose Park2057 W Palmer Ave, Melrose Park, IL 60160

17162Diversified Entities, LLC$1,247,519Melrose Park5000 Mcdermott Dr, Melrose Park, IL 60163

18171Hawthorne Racecourse$1,214,738Stickney3501 S Laramie Ave, Stickney, IL 60804

191978999 W Palmer$1,156,911River Grove8999 W Palmer St, River Grove, IL 60171

TOTAL$34,713,330

 Source: Cook County Treasurer.

Top 30 Commercial Property Taxpayers in Chicago Suburbs

Overall RankPropertyTaxes PaidCityAddress
1Exxon Mobil$29,298,159Channahon25909 S Frontage Rd E, Channahon, IL 60410

2Woodfield Mall$23,865,859Schaumburg1000 E Woodfield Rd, Schaumburg, IL 60173

3Westfield Old Orchard Shopping Center$13,908,398Skokie9200 Skokie Blvd, Skokie, IL 60077

4Orland Square$9,065,412Orland Park55 Orland Square Dr, Orland Park, IL 60462

5AT&T$7,140,842Hoffman Estates2000 Ameritech Dr, Hoffman Estates, IL 60192

6Abbott Laboratories$6,844,475Lake Bluff13652 W Buckley Rd, Lake Bluff, IL 60044

7Rivers Casino$6,440,231Des Plaines3170 Des Plaines River Rd, Des Plaines, IL 60018

8Fashion Outlets of Chicago$6,166,593Rosemont5220 Fashion Outlets Way, Rosemont, IL 60018

9Chicago Ridge Mall$5,975,209Chicago Ridge9500 S Ridgeland Ave, Chicago Ridge, IL 60453

10Hyatt Regency O'Hare$4,981,285Rosemont9300 Bryn Mawr Ave, Rosemont, IL 60018

11Gurnee Mills$4,817,887Gurnee6170 Grand Ave, Gurnee, IL 60031

12Northbrook Court$4,662,511Northbrook1515 Lake Cook Rd, Northbrook, IL 60062

13River Oaks Center$4,555,412Calumet City96 River Oaks Dr, Calumet City, IL 60409

14North Riverside Park Mall$4,420,999North Riverside7501 Cermak Rd, North Riverside, IL 60546

15The Streets of Woodfield$3,726,401Schaumburg601 N Martingale Rd, Schaumburg, IL 60173

16Microsoft Data Center$3,662,404Northlake601 Northwest Ave, Northlake, IL 60164

17Woodfield Corporate Center$3,508,910Schaumburg425 N Martingale Rd, Schaumburg, IL 60173

18Luther Village$3,393,016Arlington Heights1225 Luther Ln, Arlington Heights, IL 60004

19Navistar Inc.$3,257,257Lisle2500 Warrenville Road, Lisle, IL 60532

204500 West Touhy $3,116,104Lincolnwood4500 W Touhy Ave, Lincolnwood, IL 60712

21Continental Towers$2,994,468Rolling Meadows1701 W Golf Rd, Rolling Meadows, IL 60008

22Vista Medical Center East$2,885,760Waukegan1324 N Sheridan Rd, Waukegan, IL 60085

23Fox Valley Mall$2,844,075Aurora195 Fox Valley Center Dr, Aurora, IL 60504

24UPS$2,798,369Hodgkins1 Ups Way, Hodgkins, IL 60525

25Woodfield Village Green$2,662,540Schaumburg1400 W Golf Rd, Schaumburg, IL 60173

26Old Orchard Towers$2,629,305Skokie5202 Old Orchard Rd, Skokie, IL 60077

27One O'Hare Centre$2,582,273Rosemont6250 N River Rd, Rosemont, IL 60018

28Tarantula Ventures$2,517,692Elk Grove Village2200 Busse Rd, Elk Grove Village, IL 60007

29Former Motorola Campus$2,511,526Schaumburg1301 E Algonquin Rd, Schaumburg, IL 60173

30Zurich Towers$2,495,496Schaumburg1450 American Ln, Schaumburg, IL 60173

Source: Cook County Treasurer.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS