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Despite proof of consistent payments since 2012, McElory recently received a letter from the Cook County Circuit Court stating her home was sold for delinquent taxes, and she may owe three years ...
The 78 is a development in Chicago that will consist of several office and residential towers, high-rises, and will also include a riverwalk. [1] The name "The 78" refers to the existing 77 community areas in Chicago and the mega-development is to increase that number by one. [ 2 ]
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Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
Relatives of deceased people do not necessarily themselves have to pay the debts of the deceased, [15] but debts must be paid by the deceased person's estate. However, where a deceased person is the co-owner of property that is secured by their debt, it may be possible for the creditor to force the sale of the property to satisfy the debt.
When Mayor Lori Lightfoot persuaded aldermen last year to tie annual property tax increases to the rate of inflation, she argued it would give the city and its taxpayers a degree of certainty ...
The Chicago River is the south border of the Near North Side (right) and the north border of the Loop; the Loop's Near East Side is to the left in this picture. According to the 2010 census, 29,283 people live in the neighborhoods in or near the Loop. The median sale price for residential real estate was $710,000 in 2005 according to Forbes. [86]
City Council allies of Mayor Brandon Johnson announced their intentions to get a real estate transfer tax hike that would fund homelessness services on the 2024 primary ballot, seeking to advance ...