The LaSalle County Board has decided the county itself will hold certificates for unpaid property taxes, rather than selling them to private buyers at the annual tax sale. The change covers 2025 taxes payable in 2026. The county will charge 0.75% interest a month, which could make it cheaper for property owners to clear their tax debts than under the old private-sale system. Separately, the county estimates it could owe as much as $4 million to former owners who lost property through tax sales, after a new Illinois law aligned the state with a U.S. Supreme Court ruling on surplus equity.
The LaSalle County Board has decided the county itself will hold certificates for unpaid property taxes, rather than selling them to private buyers at the annual tax sale. The change covers 2025 taxes payable in 2026. The county will charge 0.75% interest a month, which could make it cheaper for property owners to clear their tax debts than under the old private-sale system. Separately, the county estimates it could owe as much as $4 million to former owners who lost property through tax sales, after a new Illinois law aligned the state with a U.S. Supreme Court ruling on surplus equity.
