“Home Alone” House Owners Pay A Stunning Amount Of Property Tax
If you're an Illinois homeowner, I wouldn't be a bit surprised if you told me that you immediately thought "So does every ****ing person who owns a house in this state!"
And you would be correct! The state of Illinois has the second-highest property taxes in the country. The statewide average effective tax rate is 2.16%, which, as you may already know is nearly double the national average. The typical homeowner in Illinois pays $4,527 annually in property taxes. In some areas, this figure can be upwards of $6,000 per year.
This is our "tax face"
Would Kevin's Family Really Have Been Able To Afford A Paris Trip For Everyone?
When you look at the tax bill for the Home Alone house at 671 Lincoln Avenue in Winnetka, it makes you wonder what kind of gig Kevin's old man held down to not only live in that spectacular house, but to feed, clothe, and house all those kids--while still finding enough scratch left over to fly overseas.
IllinoisPolicy.org reports that the most recent property taxes paid on the “Home Alone” house totaled $31,380. Since 2001, the property taxes have jumped 65%.
Like Many Illinois Homes, The Taxes Have Gone Up, While The Home's Value Has Fallen
According to the Chicago Tribune, the house was last sold in 2012 for $1.585 million. But the value of the famous residence isn’t what it used to be. Since 2016, the assessed value has dropped over 20%. The 2021 estimate for the property is $1,334,780.
So, the next time you open your tax bill and begin to feel your chest tighten up over what you owe, IllinoisPolicy.org points out that since the Home Alone's theatrical release in 1990, the owners of the home have paid over $920,000 in property taxes.