Property

Pilsen owners shocked by huge property tax invoice hikes

CHICAGO (CBS) – The Cook dinner County Tax Assessor felt the warmth from owners on Friday in Pilsen after they got here head to head for a gathering to speak about latest will increase in property taxes.

Each side agreed an answer must be made earlier than longtime residents are pressured out. CBS 2’s Andrew Ramos had the story.

The purpose of Friday’s assembly was to permit residents to present testimony in regards to the affect new tax assessments is having on their households. Whereas many are hopeful that the county’s tax assessor will come via with an answer, others are skeptical.

House owner Jolie Jiminez stated there’s nothing that might’ve ready her for the second she opened up her tax invoice.

“As soon as I opened it, and I noticed the installment, I nearly handed out,” stated Jimenez. “I truly began crying.”

When she inherited a 3-family dwelling on West nineteenth Road from her mom, Jimenez knew taxes would go up as her mom acquired a senior citizen exemption, however by no means this excessive.

“As a result of she was a citizen [and it was] $504, after which after all this was the final one: $11,261.07,” she stated.

“If we’re paying all these property taxes, meaning our tenants that stay listed here are additionally going to be affected by this, so there’s one thing that basically must be finished,” she stated.

Jimenez finds herself in the identical boat as many throughout Pilsen, upset a couple of dramatic improve of their property taxes.

The obvious wrongdoer is gentrification, the place costly houses are going up, bringing with it the worth of the neighborhood.

“I believe we’ve to take a look at every case,” stated Cook dinner County Assessor Fritz Kaegi.

Kaegi met with neighborhood leaders in an effort to calm nerves and get a greater understanding of the temperature.

“We talked in our assembly about all of the other ways. We are attempting to get higher knowledge to place into our fashions,” Kaegi stated.

The Pilsen Alliance, a pillar in the neighborhood for many years, has been working for years with legislators on the native and state degree to handle the pattern of rising property taxes.

“We sort of noticed this coming a couple of years in the past,” stated Moises Moreno, of the Pilsen Alliance.

Moreno argued the long-term answer is laws that places a cap on tax will increase, extra particularly the neighborhoods that noticed double-digit % will increase like Pilsen noticed, at 46%, and close by Avondale at 27%.

Each are predominately Latino communities.

“We have additionally been asking the Assessor’s Workplace to redo the system, no matter system they’re utilizing that they declare was going to make issues higher,” Moreno stated. “Clearly, it hasn’t.”

All of those points are anticipated to be on the agenda when the 2 sides meet once more for a public assembly set to happen February 1 at 6:30 p.m. at Benito Juarez Excessive College.

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