Property Q&A in Evanston>Question Details

designgreenl…, Home Buyer in Evanston, IL

what are the taxes and the assessment?

Asked by designgreenlandscapes, Evanston, IL Mon Sep 17, 2012

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This question is about this property: http://www.trulia.com/property/3088745991-1862-Sherman-Ave-2…

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Answers

3
Taxes are 1420 per year
Assessments are 792 per month
This property is a co-op which simply means you own shares of stock not actual unit. I'm happy to go over this with you in detail as there's are unique features to a co-op. very popular in New York City

Hope tht answers your question
0 votes Thank Flag Link Mon Sep 17, 2012
Taxes allocated to this unit are $1420/year, but they aren't paid separately as the monthly $792 assessment covers the taxes, too.
0 votes Thank Flag Link Mon Sep 17, 2012
This is a co-op. The assessment is $792 which includes taxes, as is typical in a co-op. It also includes electricity, which isn't typical. It also includes the usual things like heat, water, common insurance, etc.
0 votes Thank Flag Link Mon Sep 17, 2012
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