Its usually 1.5-2 percent of the homes value. Taxes are also built off the community expenses cops, fireman, and teachers ect. This link below may help you out.
As our colleague says, it is impossible to answer your question in a precise manner with the lack of specifics here.
Basically, property taxes are *usually* estimated between 1 and 2% for homes in Chicago, Illinois.
But even that estimated range (which is quite broad) isn't a certainty.
Some factors that affect taxes and tax rates include location, whether the owner is a senior citizen and/or or lives in the home, whether the property is a landmark, etc etc.
Check out the Cook County Assessor's office website for more information:
If you are searching for a property and would like more insight with regard to the taxes in the area, our experienced agents would be happy to help.
Read more: How to Calculate Property Taxes in Illinois | eHow.com http://www.ehow.com/how_6648805_calculate-property-taxes-ill