This time around, taxpayers received an extra month to pay their first installment bills. Payments could be made by mail or online.
The Cook County treasurer estimates 97 percent of homeowners will pay their property taxes on time. However, homeowners who cannot afford to pay in full have an extra 13 months to pay it off, until the property goes to "tax sale.""There's actually a built-in payment plan at the county, which allows you to not pay on time and be able to pay with a point-and-a-half interest a month. And many people take advantage of that, said Maria Pappas, Cook County treasurer.
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