Jines Martinez is going to have to dig deep to pay the tax bill that arrived at his Avondale home this week. Martinez’s bill shot up 40 percent from last year, from $3,900 to $2,673, and his increase reflects a double-whammy that hit residents in many Chicago neighborhoods: last year, all property in the city was reassessed for the first time since 2013, and the city passed a $588 million tax hike. While many of his neighbors might be in the same boat, Martinez said Friday that he might soon be in the market for new neighbors. “I’ve lived in the city my whole life. It’s a beautiful city, but it’s becoming really hard to afford to live here,” said Martinez, 54, who works part-time doing odd jobs.
“It’s a beautiful city. But it’s becoming really hard to afford to live here. The water bill went up. Then, they started with the fee for the garbage. I might have to leave.”
Cook County Clerk David Orr estimated that an average Chicago homeowner will see an increased property tax bill of about 12 percent, or about $413.