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Investors ‘Exploiting’ Illinois’ Property Tax Law

A new study from the Cook County Treasurer’s office explores a hidden loophole.

10/19/2022 | Rating NR

Chicago Tonight

Investors ‘Exploiting’ Illinois’ Property Tax Law

Clip: 10/19/2022 | 2m 13sVideo has Closed Captions

A new study from the Cook County Treasurer’s office explores a hidden loophole.

Private investors are exploiting an “arcane” Illinois law to profit from the property tax debt owed on thousands of properties, fueling disinvestment in communities that are home to Black and Latino residents, according to a new study from the Cook County Treasurer’s office.

10/19/2022 | Rating NR

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