Illinois has some of the highest property taxes in the nation at 2.27% — primarily driven by the Chicago metro area. This significantly impacts monthly payments even on moderately priced homes.
Recommended for incomes above $90k/yr (28% DTI rule)
Illinois property taxes
Cook County (Chicago) property taxes are among the highest in the US. Taxes are billed in two installments per year.
Rate history
Not sure what to offer?
Try the Affordability Calculator →
Find your max home price based on income and debts.
Already own a home?
Try the Refinance Calculator →
See if refinancing saves you money.
See the full picture
Amortization Calculator →
Month-by-month payment schedule with CSV export.
First-time buyer?
First-Time Buyer Guide →
Step-by-step from saving to closing.
FAQ