Property Taxes Explained
3:37
Property Taxes Explained
105.8K viewsDec 7, 2015
YouTubeSarpy County
Why are Chicagoans seeing higher property tax bills this year? Assessor Kaegi joined Paris Schutz on @fox32chicago to help explain. Every three years, the Assessor’s Office is required to determine the value of your home or, in other words, what it would sell for today. Since the pandemic, home prices in historically more affordable areas of Chicago have significantly risen, especially on the South and West sides. Growth in home equity is good news for longtime homeowners who have lived, worked,
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