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Rising Property Taxes Are Pushing South Suburban Chicago Homeowners to Sell Before Foreclosure

Tuesday, September 22, 2026Eden GodinezView original
In Chicago’s south and west suburbs, the typical distressed seller no longer fits the familiar profile. These homeowners are current on their mortgages. They haven’t lost jobs or taken on reckless debt. The pressure forcing them out is the property tax bill. Rising insurance premiums and HOA fees have compounded the problem, according to Aaron […]