Thread: Hello Chicago!!
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  #35  
Old 09-15-2017, 08:51 PM
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Gsinill Gsinill is offline
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Join Date: May 2013
Location: Northwest suburbs of Chicago
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Quote:
Originally Posted by madsciencenow View Post
Looks pretty good except those property taxes! Worst part is that there seems to be no ceiling. Is this true?
Not sure what you mean by no ceiling.
It's annual assessments.
The problem is that it is different not just from county to county but from township to township.
On top of it it's not always based on the sale price but on assessed value and the calculation/formula they use is not transparent at all.
It comes mostly down to schools good = taxes high.
That said, re. Wadsworth, check the schools first.
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