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Updated over 5 years ago,
Are higher property tax properties worth buying?
Hello everyone!
I am doing my due diligence and exploring different areas in Chicago. My goal is to purchase a 2/3 flat property, strictly as an investment. I noticed that some areas, like the Town of Cicero/Berwyn, have high property taxes. Are these types of areas worth exploring? I am a bit of a skeptic as the property taxes really eat into the profits.
Please advise!