A new study compared the cost-effectiveness of building a home versus buying one in Illinois.
Even though existing home prices have increased, building costs have also gone up.
Total building costs are higher than the median single-family home listing price in most counties in Illinois.
This makes Illinois one of the states where buying a home is more favorable, with an estimated avg savings of $166K compared to building one.
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Cook County Homeowners Rejoice: $30.5 Million in Automatic Property Tax Refunds Announced In an unexpected turn of events, over 9,000 Cook County homeowners are set to receive a windfall of $30.5 million in automatic property tax refunds. The Cook County Treasurer's...
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School districts and villages are setting 2023 levies, and determining 2024 tax bills. Property tax is the largest single tax in Illinois, providing revenue for various entities. The property tax cycle involves assessment, review of assessment decisions, state...
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