09/25/2026
Property taxes play a crucial role in financing public services, such as schools, public safety, and local government operations. In Illinois, your property tax bill is based on two factors — the equalized assessed value (EAV) of your property, and the amount of money your local taxing districts need to operate during the coming year.
Before buying a home, you should speak with a real estate agent to see what the property tax is so you can budget for it. To learn more, visit https://tax.illinois.gov/questionsandanswers/answer.318.html