Hashbrowns Cafe leases this space from the University of Illinois at Chicago at 731 W. Maxwell St. and has seven years of unpaid real estate tax bills that now top $114,000, plus interest. UIC is required by law to take steps to help make sure its tenants pay these taxes, but hasn’t done so. (Anthony Vazquez/Sun-Times)
For some businesses in Cook County, having property tax bills fall through the cracks might seem like a good deal.
For all the school districts, park districts and other governments, though, not so much. If leasehold taxes aren’t paid, they don’t get money they were counting on.
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