1 min

Understanding Chicago's Controversial Property Tax Referendum Commercial Real Estate Daily

    • Investing

In the ongoing saga of Chicago's real estate transfer tax, a recent appellate court decision has put the Bring Chicago Home measure back on voters' ballots, sparking a new legal battle. Attorneys representing commercial real estate interests have filed an appeal to the Illinois Supreme Court, aiming to invalidate the referendum before votes are cast on March 19.

In the ongoing saga of Chicago's real estate transfer tax, a recent appellate court decision has put the Bring Chicago Home measure back on voters' ballots, sparking a new legal battle. Attorneys representing commercial real estate interests have filed an appeal to the Illinois Supreme Court, aiming to invalidate the referendum before votes are cast on March 19.

1 min