Homeowners in North Chicago, Lake County, pay about 1.85% of their home's value in property tax each year. The median bill is $3,969.
At North Chicago's typical rate of 1.85%. Exemptions lower the real bill.
| Home value | Property tax (estimate) |
|---|---|
| $250,000 | $4,625 |
| $350,000 | $6,475 |
| $450,000 | $8,324 |
| $600,000 | $11,099 |
| $800,000 | $14,799 |
A family with a $159,600 home in North Chicago pays about $2,952 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $8,892 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.
| Town | County | Rate | Median bill |
|---|---|---|---|
| Lake Bluff | Lake | 1.68% | $10,000+ |
| Park City | Lake | 1.32% | $199 |
| Green Oaks | Lake | 2.04% | $10,000+ |
| Waukegan | Lake | 2.43% | $4,759 |
| Lake Forest | Lake | 1.54% | $10,000+ |
| Gurnee | Lake | 2.39% | $8,491 |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.
Homeowners in North Chicago pay a typical effective property tax rate of 1.85% of home value per year. The median annual bill is $3,969 and the median home value is $159,600 (U.S. Census ACS 2020–2024).
About $7,400 per year at North Chicago's typical rate of 1.85%. The homeowner exemption and other exemptions lower the actual bill.
North Chicago's typical rate of 1.85% is lower than the Lake County average of 2.26%.
Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.
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