Illinois has one of the highest average property tax rates in the country, according to Tax-Rates.org. The exact property tax depends on the county in which the property is located. However, the median property tax rate is $3,507 per a year for a home worth the median value of $202,200.
Each year, Illinois counties collect an average of 1.73 percent of a property’s market value as property tax, explains Tax-Rates.org. Property located in Lake County has the highest property tax in the state, with an average of $6,285 yearly, while Hardin County has the lowest, with an average of $447 per year.