Commercial property values in Chicago’s Loop, the city’s central district of skyscrapers, financial firms and offices that drives much of its economy, dropped by about 7.2% last year amid lower sale ...
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CHICAGO, Nov. 17, 2025 /PRNewswire/ -- A dramatic decline in the value of commercial property in Chicago's Loop, the city's longtime economic engine, fueled a record property tax increase on homes ...
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Tax bills jump for Chicago homeowners
Homeowners are footing the bill for major Loop commercial property value losses in the long-delayed Cook County property tax bills that started hitting mailboxes last week, according to an analysis by ...
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