Illinois Will County Taxes - Is there a limit?
Hi BP! So I am wondering if there is a limit to how much your real estate tax can go up in a year? I am going to guess there is no limit, but was just hoping. I purchases a property and got the taxes lowered by getting it assessed to purchase price. Now a year later they are raising the assessed value to about double. I did purchase it at low market price, but it did not need much work. Any insight? I know it's probably too late now, but for future reference. Thanks.