Property Tax Bills in the Mail, Many See Steep Increases

sudler-sothebys-logo29 October 2009 –GET YOUR CHECKBOOKS OUT…….
Bad news and not so bad news for Cook County and Chicago residents. The new tax bills will be arriving shortly and some residents may want to be sitting down when they open their mail. Most Cook County residents will be looking at a median increase of 10 percent, and in some areas, 20 percent. The better of the bad news is that the median increase in Chicago is estimated at 3 percent. For instance, Lincoln Park is looking at a measly 3 percent and Lakeview is even lower at a 2.1 percent increase. However, not all neighborhoods will fare so well. According to the Cook County Assessor’s office, the median increase in many of the other 77 neighborhoods will shoot significantly higher. Many of the lower income areas will see the highest percentage increase along with more middle-class communities near O’Hare airport.

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About Nancy Gaspadarek

With over nine years in the Chicago real estate market, Nancy continues to enjoy the momentous and exciting process of helping her clients buy and sell homes. Nancy believes that the relationships & friendships that she has developed over the years are priceless. In 2007 she made the decision to partner with Catherine Brennan and the two are collectively known in the industry as The G and B Team. ?It was the best move I could have made?, Nancy says, ?Having a knowledgeable and reliable business partner to counter balance your strengths and have a shared passion to provide top notch service and expertise to all our clients is such a blessing.? Nancy graduated from Florida State University in Tallahassee, where she received a four year scholarship and was the captain of the woman's volleyball team for four years. Nancy has lived in downtown Chicago for over 14-years in a variety of neighborhoods. Her free time is usually spent playing tennis, golf & running/biking along the lakefront. She participated in the 1998 Chicago Marathon and has competed in a number of triathlons as well. She volunteers with The Friends of Blaine School in Lakeview, as well as Umoja Student Development and loves to travel as much as possible. You can contact Nancy at 773.259.9353 or gandbteam.com

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