Property taxes are a huge burden on Illinois residents and small businesses. Politicians on both sides of the aisle understand they are oppressive and drive people out of Illinois. Politicians throughout the state, and all levels of government, acknowledge that solutions must be put forth and moved forward to stabilize property taxes.
In his Daily Herald Business Ledger column, SBAC President Elliot Richardson details why policymakers should prioritize issues surrounding property taxes in order to keep people in Illinois and improve our economy.
Take the Community Survey!!
Click Here to take the Community Survey! Revitalize Local Businesses and Neighborhoods Thriving commercial corridors support local communities across Chicago and Cook County. Prior to the pandemic, however, many corridors struggled. As Chicago emerges from the pandemic and local communities confront a new economic landscape, a strong coalition of stakeholders is needed to advocate for…
Advocating for disadvantaged commercial corridors
SBAC President Elliot Richardson discusses a policy that will reduce vacant properties in struggling neighborhood business districts. Replacing commercial vacancies with small businesses will support local communities. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet Signature Bank Lexitas Empower Korey Richardson Open One Solutions Freeborn and Peters…
BLOCK CITY CHICAGO REPORTS on Commercial Corridor Revitalization
BLOCK CITY CHICAGO REPORTS HYDE PARK, WOODLAWN, SOUTH SHORE Some Landlords Keep Their Storefronts Empty For Years – And Get Tax Breaks For It. Business Leaders Want To Change That Small business advocates want to limit the tax breaks property owners can get on vacant storefronts. On 79th Street, three in five storefronts were vacant…
