Are property tax rates different on an income property?

[Phil Gaulrapp]

I live in Illinois and I would like to know if the property tax rate is different if I own a multifamily property than than they are on my house.

[Chris Titcomb]

@Phil Gaulrapp, your tax rate is not based on property type, rather, it's based on the location of your property within its' taxing district (For cook county, see: http://cookcountyclerk.com/tsd/DocumentLibrary/2015%20Tax%20Rate%20Report.pdf).  The assessment ratio will differ depending on your property classification and the equalization factor is the same throughout Illinois.