Tag Archive: Illinois

Rental Licensing Ordinance

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What is a “Rental Licensing Ordinance” is a sense to Police landlords. Skokie a suburb of Chicago wants an Ordinance that will require property owner and/or property managers to pay per rental. It is $10 per unit for property managers and $25 for owners. I don’t thing they fees overlap its one or the other. Is this good? The city would …

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In 36 Seconds 7 Properties SOLD.

Really?? Well sort of, the delinquent property tax lien sale Yes. When you don’t pay your property taxes you get a late penalty and a lien on your property. Now depending where you live that amount can vary. What I am going to share with you is what I know about the Chicago area and several counties. What the …

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Cook County Looking to Start a Land Bank?

According to the Chicago Tribune Cook County is looking to get rid of properties. They are looking to start in the south side working with other communities to create a land bank. With more properties out to the market maybe some of them will be turned around?   Click Here to read the story.   For those who don’t know what Land Banking is, …

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Permanent link to this article: http://passiveinvestor.com/cook-county-starting-a-land-bank/

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