This translates to roughly $49,628 in debts.
Illinois Republicans proposed a bill that aims to reduce the state's second-in-the-nation property taxes, arguing high taxes create "opportunity deserts" in minority communities and hinder economic growth. The bill claims to deliver 50% relief without affecting the state budget, though it could lower school levies in certain places.
Not only does Illinois hold the second-highest property taxes in the US, but a 2023 study found that the state has the highest overall tax rate in the country. A typical Illinoisian family pays around $10,463 in state and local taxes, which translates to approximately 15.05% of their average income.
The following table lists all three commercial properties in Melrose Park with unpaid 2021 taxes, according to BlockShopper.com.
Taxpayer Name | Property Address | Municipality | Township | PIN | Total Tax Due | Total Due (Including Interest) |
---|---|---|---|---|---|---|
Diamond Blast, Corp. | 1741 N. 30th Ave. | Melrose Park | Proviso | 15-04-203-025-0000 | $19,910 | $23,803 |
William Galioto | 1319 N. 25th Ave. | Melrose Park | Proviso | 15-03-308-021-0000 | $16,502 | $21,053 |
Real Estate Holdings | 120 Broadway St. | Melrose Park | Proviso | 15-10-105-042-0000 | $3,984 | $4,770 |