CHICAGO (CBS) --Mayor Brandon Johnson's plan to raise the city's tax on the sales of million-dollar properties in Chicago to fund efforts to fight homelessness has cleared its first major legislative hurdle, setting up a vote by the City Council to ask voters next March to approve the...
The $900 million in public funding for the stadium would come from an existing 2% hotel tax that already goes to the Illinois Sports Facilities Authority. The Bears also would ask to refinance existing debt from the prior work at Soldier Field and Guaranteed Rate Field as part of that p...
City of Chicago In 2025, Chicago-based companies have several important tax deadlines, including the April 15th federal and Illinois tax return filings (which can be extended until October 15th). Additionally, Illinois and the federal government have various tax filings due on the dates listed abov...
It states that the fixed-rate financing represents one piece of the transit bailout package that included a sales tax increase in the Chicago area and an increase in the city's tax on real estate transaction. The said tax hikes will generate about $500 million annually for the region's ...
(IP), which defines itself as an independent organization generating public policy solutions. So in the city of Chicago, IP notes that collectively, the cocktail of sales and excise taxes amounts to a total, effective tax rate of 28 percent which is more than a quarter of the price of ...
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 2/1/2025 from various mortgage lenders with which we have lead or other similar arrangements; the Estimat...
The city of Chicago saw year-over-year home sales increase 1.0 percent with 2,082 sales in March, compared to 2,062 a year ago. The median price of a home in the city of Chicago in March was $320,000 up 10.1 percent compared to March 2019 when it was $290,700. ...
The standard value-added tax (VAT) rate. Source: Wikipedia, 2025. number of universities 24 Universities, as centers of higher education and research, are important contributions to a city’s development. Source: Wikipedia, 2025. income inequalities ...
Illinois Democrats Have Now Raised The Tax Rate Three Times. This Means That Illinois Drivers Are Feeling The Pinch Not Only From State Taxes But Also From Federal Excise Taxes On Fuel. Additionally, State Sales Taxes Are Applied After The State’s Fuel Tax Is Included In The Price, Leading...
Chicago Cityscape'sProposed Projectsis updated with 20-40 small to large-scale developments that have yet to receive City Council approval and thus are months away from applying for or receiving a building permit. Leads Last updated 05/05/2021 ...