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Updated almost 7 years ago on . Most recent reply

User Stats

32
Posts
5
Votes
Mian Rizwan
  • St. Louis, MO
5
Votes |
32
Posts

How to lower property tax bill - Grantie city IL

Mian Rizwan
  • St. Louis, MO
Posted

Hi,

I looked at a commercial space in Granite City, IL (2,500 sqft approx , price 170,000) to rent moving forward. Was surprised to see properly tax around 14,500 $ i.e 8.5 % of investment. This seemed outrageous even for IL. How can you make any money if your monthly tax bill is more than mortgage payment.

Any recommendation on firms that can help lower property taxes across the river.

Thanks

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