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  2. Real estate transfer tax - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transfer_tax

    Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...

  3. Cook County, Illinois - Wikipedia

    en.wikipedia.org/wiki/Cook_County,_Illinois

    On July 22, 2008, the Cook County board voted against Cook County Commissioner's proposal to repeal the tax increase. [30] In 2016, Cook County joined Chicago in adopting a $13 hourly minimum wage. [31] Cook County Board chairman John Daley called the wage hike "the moral and right thing to do."

  4. Cook County Treasurer - Wikipedia

    en.wikipedia.org/wiki/Cook_County_Treasurer

    The Cook County Treasurer oversees what is the United States' second-largest system of property tax collection and distribution. [1] The office was established in 1831, and since 1835 has been an elected, partisan position. The inaugural holder of the office of treasurer was Archibald Clybourn, an early settler of Cook County. [2]

  5. Tax sale - Wikipedia

    en.wikipedia.org/wiki/Tax_sale

    A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...

  6. Administrative divisions of Illinois - Wikipedia

    en.wikipedia.org/wiki/Administrative_divisions...

    The property tax is a local tax, imposed by counties, townships, municipalities, school districts, and special taxation districts. The property tax in Illinois is imposed only on real property . [ 5 ] [ 6 ] [ 7 ] Illinois counties, townships, cities, and villages may also promulgate local ordinances .

  7. Cook County employee sues Clerk Karen Yarbrough over ... - AOL

    www.aol.com/lifestyle/cook-county-employee-sues...

    Filed in Cook County this week, the lawsuit lays out a complex series of questionable moves and countermoves regarding the sale and purchase of two buildings on 17th Street in Maywood and alleges ...

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