Cook County Treasurer Maria Pappas announced the first sale of delinquent property taxes in more than two years, which will start on November 5, 2021. For more information about tax sales generally, click here. To register for the tax sale or to get more specific information about the tax sale, click here.
About $163.4 million in unpaid 2018 property taxes (that were to be paid in 2019) is due on 36,000 homes, businesses and land in Cook County, Pappas said. Less than $1,000 is owed on nearly 12,000 properties in Chicago and 7,700 properties in suburban Cook County. Pappas said she is sending owners of these properties a certified mailing to inform them that their unpaid taxes are scheduled to be sold, which would put a lien against their properties – the first step in a process that can end with loss of the property. Per Illinois law, the annual Tax Sale traditionally is conducted 13 months after the due date but was delayed because of the pandemic. Pappas plans to conduct the sale for 2019 unpaid taxes in May and for the 2020 taxes in November 2022 (information courtesy of Greater Southwest News-Herald).
If you have questions about real estate tax sales, whether as an owner, other interested party or as an investor, feel free to contact us. If you would like to read more about tax sales, click here.
Comentários