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States › Illinois › Lake County
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County Courthouse Auction Type: Tax Lien Certificate |
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Tax Sale Overview:
If Lake county, Illinois is unable to collect real estate property taxes they are also unable to provide important government services like police protection, public schooling and medical services.
Unpaid property taxes create a serious cashflow problem for Lake county, Illinois.
Property taxes that are delinquent are added to any previously uncollected taxes on a parcel of Lake county. Parcels whose taxes are subject to sale will be advertised in a Lake county newspaper of general circulation. They are listed by sequence number. Parcels fall into 1 of 2 groups. Each group is sorted by parcel number.
The advertisement appears about three to six weeks before the Lake county tax sale auction and is also posted on the Internet.
To solve this problem Lake county, Illinois allows investors to pay off these taxes. In exchange the investor receives the Lake county, Illinois lien for taxes. A tax lien is simply a claim for delinquent taxes.
Why would investors do this?
Well, depending on Illinois laws and competition, savvy Lake county tax sale investors can realize high-yielding returns with Illinois tax lien certificates and/or purchase real estate for a fraction of its true market value with Illinois tax deeds.
Elected Public Officials:
| Name: | Position: | Email: |
| Suzi Schmidt | Board Chairwoman, District 3 | sschmidt@co.lake.il.us |
| Don Bauer | Board Member, District 6 | DBauer@co.lake.il.us |
| Carol Calabresa | Board Member, District 15 | ccalabresa@co.lake.il.us |
| Steve Carlson | Board Member, District 7 | SCarlson@co.lake.il.us |
| Bonnie Carter | Board Member, District 5 | bcarter@co.lake.il.us |
| Sandy Cole | Board Member, District 11 | scole@co.lake.il.us |
| Mary Cunningham | Board Member, District 9 | MCunningham@co.lake.il.us |
| Anne Flanigan Bassi | Board Member, District 23 | ABassi@co.lake.il.us |
| Angelo Kyle | Board Member, District 12 | akyle@co.lake.il.us |
| Susan Loving Gravenhorst | Board Member, District 13 | SGravenhorst@co.lake.il.us |
| Ann Maine | Board Member, District 21 | AMaine@co.lake.il.us |
| Judy Martini | Board Member, District 1 | jmartini@co.lake.il.us |
| Stevenson Mountsier | Board Member, District 17 | smountsier@co.lake.il.us |
| Pamela Newton | Board Member, District 18 | pnewton@pyro.net |
| Audrey Nixon | Board Member, District 14 | anixon@co.lake.il.us |
| Diana O'Kelly | Board Member, District 10 | dokelly@co.lake.il.us |
| Brent Paxton | Board Member, District 4 | bpaxton@co.lake.il.us |
| Robert Powers | Board Member, District 16 | RPowers@co.lake.il.us |
| Robert Sabonjian | Board Member, District 8 | BSabonjian@co.lake.il.us |
| Carol Spielman | Board Member, District 22 | cspielman@co.lake.il.us |
| David Stolman | Board Member, District 20 | dstolman@co.lake.il.us |
| Michael Talbett | Board Member, District 19 | mtalbett@co.lake.il.us |
| Randall Whitmore | Board Member, District 2 | RWhitmore@co.lake.il.us |
| Michael Waller | State's Attorney | StatesAttorney@co.lake.il.us |
| James Wipper | County Coroner | Coroner@co.lake.il.us |
| Roycealee Wood | Regional Office of Education | |
| Gary Del Re | County Sheriff | GDelre@co.lake.il.us |
| Robert Skidmore | County Treasurer | RSkidmore@co.lake.il.us |
| Willard Helander | County Clerk | CountyClerk@co.lake.il.us |
| Mary Ellen Vanderventer | County Recorder Of Deeds | MVanderventer@co.lake.il.us |
| Sally Coffelt | County Circuit Court Clerk | CircuitClerk@co.lake.il.us |
Please contact the county to get the most current information. To report any errors, updates, deletions or additions click here.
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