The annual tax sale will occur Jan. 9-12 for properties with unpaid 2021 property taxes due in 2022, Cook County Treasurer Maria Pappas said in a statement.

CHICAGO, June 4, 2025 /PRNewswire/ -- Cook County Treasurer Maria Pappas plans to postpone the Annual Tax Sale for seven months, during which time she hopes to work with legislators on ...

Getting the Illinois Supreme Court to sanction our tax sale competitive-bidding rules, which have reduced the initial interest rate charged by most tax buyers from what was 36% annually to 0% today.

Efforts to overhaul Cook County’s property tax system largely fizzled out in the Illinois state legislature this session.

A study by the Cook County treasurer’s office found that over a seven-year period through 2022, tax buyers recouped more than $277 million that would ordinarily go to local governments.

A long-criticized loophole that allows real estate investors to get refunds on past-due Cook County property tax bills they purchased is set to close. The policy — which allows tax buyers to get ...

More than 45,000 properties were entered last year into Cook County’s latest annual tax sale, which lets investors pay homeowners’ late taxes and then charge them interest on the penalty.

The mall, like others, was put up in Cook County's tax sale because the owner was behind on paying property taxes. Pappas said a tax buyer snapped it up, held on to it for a few years, and then ...

The months-long delay in Cook County’s property tax bills is causing a snarl in home sale closings, because nobody knows how much money to put up for the tax bill.

The Cook County property tax sale process that can result in evictions and robs their communities of generational wealth. 24/7 Live Chicago & Suburban Cook Co. North Suburbs West Suburbs South ...

after that, his property, like all others, went to the cook county tax sale, where private investors swoop in to buy up that debt and they charge up to 12% per year for a total of 54% interest ...

CHICAGO, June 4, 2025 /PRNewswire/ -- Cook County Treasurer Maria Pappas plans to postpone the Annual Tax Sale for seven months, during which time she hopes to work with legislators on ...