Chicago suburbs  ·  2020–2024 Census data

Oak Lawn Property Tax
Rate & Typical Bill

Homeowners in Oak Lawn, Cook County, pay about 2.13% of their home's value in property tax each year. The median bill is $6,160.

Oak Lawn, IL

Effective rate
2.13%
Median tax bill
$6,160
Median home value
$281,200
Owner-occupied homes
17,838
Rank in Cook County (1 = highest)
47 of 111

Cook County average: 1.73%

Estimated Yearly Tax by Home Value

At Oak Lawn's typical rate of 2.13%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$5,334
$350,000$7,467
$450,000$9,600
$600,000$12,800
$800,000$17,067

Can You Deduct It?

A family with a $281,200 home in Oak Lawn pays about $5,999 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $11,939 — 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.

Run your own numbers

Compare Nearby Towns

TownCountyRateMedian bill
Chicago RidgeCook1.58%$5,374
HometownCook2.00%$3,663
BurbankCook2.03%$5,992
WorthCook2.21%$5,510
Evergreen ParkCook2.13%$6,152
AlsipCook2.34%$5,257

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.

Property Tax FAQ

What is the property tax rate in Oak Lawn, IL?

Homeowners in Oak Lawn pay a typical effective property tax rate of 2.13% of home value per year. The median annual bill is $6,160 and the median home value is $281,200 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Oak Lawn?

About $8,534 per year at Oak Lawn's typical rate of 2.13%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Oak Lawn higher than the Cook County average?

Oak Lawn's typical rate of 2.13% is higher than the Cook County average of 1.73%.

Can I deduct property taxes paid in Oak Lawn on my 2026 federal return?

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.

Let a CPA Run Your Numbers

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