by Michael H. Wasserman Cook County property owners can now see their 2014 1st Installment property tax bills online at the County Treasurer's web site . Tax bills are due on or before March 3, 2015. The first installment bill is not a predictor of what the final annual tax bill will look like. This is merely 55% of last years bill and is simply an estimate of what the final levy may look like. IF YOU ESCROW FOR TAXES WITH YOUR LENDER: Property tax payers who escrow for taxes with their lender need not take any action - the lender is supposed to pay for you. (OK, maybe you should check to make sure that your lender actually does pays the bill.). IF YOU PAY YOUR OWN TAXES: Make sure that you pay on time! The County charges 18% per anum interest on delinquent taxes (1.5% per month). You can pay any number of ways, including - Payment the County directly , in person at the Treasurer's Offices or by mail at any local (Illinois) Chase Bank branch location at oth...
Information for Buyers and Sellers of Chicago Area Residential Real Estate. Learn more at mhwasserman.com.