The move could raise $2 billion annually at a time when Illinois is facing increased budget pressures, the groups say.

The best solution for the University of Illinois is to build more without compromising the identity of the elite public ...

Illinois Department of Revenue sets Knox County's property tax multiplier at 1.0000, maintaining equity for 2024 assessments.

Landowners in Montgomery County, Illinois are grappling with a dramatic spike in property taxes after having their bills ...

SPRINGFIELD ( 25News Now) - Illinoisans pay the second highest property tax in the nation, only behind New Jersey according ...

Illinois Republicans propose bills to lower property taxes, which are currently the second highest in the nation, amid a mass exodus of residents.

Numerous bills have been introduced in the Illinois legislature that would dissolve townships with varying populations, including 50,000, 5,000 and 500 people.

Approximately 203,758 people moved to Illinois in 2023, while 297,005 moved out. This represents a significant net loss of 93,247 residents. The rate of population decline here was the fourth highest ...

The values are going down downtown. Residential is going to take on a greater share of the tax bill,” an expert says, which ...

While Illinois’ median home value is less than the national median at $250,500, taxes on that home will still be higher than the U.S. average at $5,189. Illinois is surrounded by states with ...

Adults 65 or older might qualify for a property tax exemption of up to $6,000 of a property's assessed value (up to $10,000 in Cook County and $8,000 in counties contiguous to Cook). Illinois ...