City of Chicago Property Taxes by Community Area
Tax Year 1999

Here you can search Chicago's community areas to determine how much money is being spent for the various taxing agencies, as follows:

Total EAV (*see explaination below)
School Finance Authority (0.255)
Chicago Park District (0.627)
Board of Education (4.104)
City of Chicago (1.673)
Chicago Library Fund (0.187)
Chicago Community College (0.347)
Metropolitan Water District (0.419)
Forest Preserve District (0.070)
County of Cook (0.618)
Cook County Health Facilities (0.236)
Total Property Taxes (8.536)

Not sure what community area you live in?  Click here for a map of Chicago's community areas.

*EAV means Equalized Assessed Value. Ostensibly real property (residential real property) is supposed to be assessed at 16% of its market value. Assessors in all Illinois counties generally underassess property values (for obvious reasons).  The state of Illinois assembles information on both assessments and sales (so that you can directly see if assessments are in fact about 16% of market value).  For those counties where the asessment is less than 16% (and that is most counties), the state assigns a "multiplier" that will be applied to all taxable properties in that county.  Typically, the multiplier for Cook County has been in the upper 1.75-1.95 range.  How this works is as follows:  If you are assessed at $20,000 and the multiplier for that year is 1.75, then your equalized assessed value is $20,000*1.75 (or $35,000).  Your taxes are based on the tax rate for each taxing agency times your equalized assessed value.