

Chicago Seniors Will Benefit from Expanded Property Tax Relief
Photo by Lev Dolgachov New legislation raises the income eligibility threshold for the Low-Income Senior Citizens Assessment Freeze from $65,000 to $75,000, providing much-needed tax relief to senior homeowners in Cook County starting in 2026. By Don DeBat Chicago and Cook County senior homeowners likely will soon be jumping out of their wheelchairs and doing happy cartwheels thanks to an increased property tax break. On October 23, the Illinois General Assembly passed legisl
Don DeBat
Nov 17, 2025


Flooded Chicago Braces for Rising Tide of Insurance Costs
(Above) City workers remove water from Lower Wacker Drive near Randolph Street after overnight flooding on May 18, 2020. Ashlee Rezin Garcia/Chicago Sun-Times via AP. By Don DeBat The once extremely profitable Illinois property insurance industry literally is blowing in the wind and battling a rising tide of property damage from weather extremes nationwide. Billions of dollars in losses sparked by California wildfires and forest fires in western states – and an unprecedented
Don DeBat
Nov 7, 2025


Chicago Home Buyers May See Lower Mortgage Rates by Christmas
Economists predict that a recent quarter-point interest rate reduction by the Federal Reserve could lead to mortgage rates as low as 5.75...
Don DeBat
Sep 24, 2025


Chicago Homeowners Face Uncertainty Over Delayed Property Tax Bills
Homeowners in Chicago and Cook County are left in limbo as the county struggles to finalize the 2024 property tax bills. Initially due on...
Don DeBat
Sep 16, 2025


As Floods Rise, is Chicago the Windy City, or Water City?
(Above) 2017 photo of a flooded Chicago Riverwalk. As recent monsoon-like rains inundate neighborhoods, Chicago homeowners are grappling...
Don DeBat
Aug 25, 2025


North Side Home Buyers Caught in a Vise as Prices Rise
(Above) Chicago’s Lakeview neighborhood, where median home prices increased 25.7 percent in July 2025, compared with July 2024, but home...
Don DeBat
Aug 18, 2025


North Side Condo Prices Skyrocket 9.3 Percent in Q2
Dwindling inventory and strong buyer demand pushed the median sales price of an attached home on the North Side to a new record. By Don...
Don DeBat
Aug 11, 2025


Democratic Machine Attempts to Dump Assessor Kaegi
(Above) Cook County Assessor Fritz Kaegi (left in photo) and Lyons Township Assessor Patrick Hynes. Cook County Assessor Fritz Kaegi is...
Don DeBat
Jul 31, 2025


Southeast Side a Better Fit for Permanent NASCAR Track
(Above) Driver Shane van Gisbergen competes in a NASCAR Cup Series race at Grant Park on July 6 (AP Photo/Erin Hooley). Residents and...
Don DeBat
Jul 14, 2025


Home Loan Rates on Downward Slide for Weeks
Home loan interest rates have dipped for five straight weeks, with the average 30-year fixed mortgage now at 6.67 percent. This decline...
Don DeBat
Jul 8, 2025


Chicago’s May Resale Home Market was a Chess Game
The Chicago North Side home resale market has transformed into a tense battleground, with buyers scrambling to secure properties as...
Don DeBat
Jun 18, 2025


Falling Commercial Property Values Mean Higher Taxes for Homeowners
(Above) Google Street View of 200 West Monroe Street in the Loop. Valued at $100 million when purchased in 2014, the 23-story building...
Don DeBat
Jun 4, 2025



