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Updated about 7 years ago on . Most recent reply

Mario Rosado's profile image
Mario Rosado's profile image
Mario Rosado
  • Developer
  • from Chicago, IL
  • Member since Oct 10, 2016
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Mario Rosado's profile image
Mario Rosado's profile image
Mario Rosado
  • Developer
  • from Chicago, IL
  • Member since Oct 10, 2016
Connect
Mario Rosado
  • Developer
  • Chicago, IL
4
Votes |
6
Posts
Chicago Real Estate Forum

Chicago New Construction- Property Taxes

Mario Rosado
  • Developer
  • Chicago, IL
Posted

Hello Bigger Pockets,

I just completed construction on a 2-flat which was built on an empty lot.  The August 1st property tax bill reflects the empty lot.  Is there anything I need to do to inform the county of the new property?  Or just enjoy the low taxes until their next assessment?  If so, is there a mechanism for them to attempt to claw back taxes?  

Thank you!

Chicago, Illinois
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