How Much Are Seller Closing Costs in Illinois? (and What Percentage of the Sale Price Closing Costs Run)

You can know your net before you ever sign a listing agreement. Not a guess, not a percentage somebody threw at you in a kitchen, the actual number, built line by line from things you can look up today. Here's what you may not realize. Selling doesn't work like buying. A buyer writes a check and fee

How Do Property Taxes Work in Illinois? (and Why They're Different in Every County)

Every year the State of Illinois assigns each county a single number, and the county clerk multiplies every assessment in that county by it. It is called the equalization factor, and it is the number people reach for when the bill goes up and nobody can explain why. Here is what almost nobody who bl

Will County Property Tax Exemptions (and the Ones People Never Claim)

There is a good chance you have never filled out a single piece of paper for your Will County property tax exemption, and you are getting it anyway. That is not an accident and it is not a mistake. It is how the county runs. It is also why the other exemptions get missed. When the big one shows up o

Kankakee County Property Tax Exemptions (and the Ones People Never Claim)

In some Illinois counties the main homestead exemption lands on your tax bill without you ever asking for it. Kankakee County is not one of them. Kankakee publishes an application form for it. That single fact is the most important thing on this page, because if you bought a house here and assumed t