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Illinois Supreme Court Vacates Appellate Court Decision to Remove Property Tax Exemption for Hospitals

by Steven Kandelman In an opinion issued on March 23, 2017, the Illinois Supreme Court vacated a 4th District Appellate Court decision to remove the property tax exemption for not-for-profit hospitals in The Carle Foundation, et al. v. Cunningham Township, 2017 IL 120427 (2017).  The case will be remanded back to Circuit Court to determine […]

The Real Effect of the Property Tax Freeze in Illinois

In Illinois, the concept of a property tax freeze as proposed by Governor Bruce Rauner has general appeal to homeowners who have to deal with escalating tax bills every March and August. The real question to ask, however, is: will a property tax freeze lead to lower property tax bills?