Lake County Offers Property Tax Installment Options

LAKE COUNTY, Ill. – The Lake County Board approved a measure that now allows Lake County taxpayers to pay property taxes in four installments instead of two. Property taxes are ordinarily due in June and September. Payments that were originally due June 8 and Sept. 8 may now be paid in four equal payments on June 8, Aug. 7, Sept. 8 and Nov. 9.

The new measure was approved to aid financially stressed property owners and landlords due to the COVID-19 pandemic. No interest or penalties will be charged, provided all four installments are paid on schedule.

All property owners should have received letters by mail regarding the new installment payment options.

For more information about Lake County Property Taxes, visit this link: https://www.lakecountyil.gov/2854/Property-Tax-Information

By Margo Pelak

Margo Pelak is founder and managing editor of the Local Newsreader, which covers hyper-local news in Hawthorn Woods, Lake Zurich and Mundelein. She resides in Hawthorn Woods with her husband Dennis and two wild beasts named Ladybug and Juney P.