Residents face soaring property taxes

November 1, 2009 8:27:46 PM PST
It was a taxing weekend for Cook County residents who opened up their mailboxes and found their property tax bills.Despite a drop in real estate values, those bills are sky high.

Some bills from 2008 are not likely to reflect current real estate values. In fact, values were assessed in January of last year before the real estate bubble burst.

Property taxes are due December 1.


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