The Bring Chicago Home campaign, seeks to increase the transfer taxes on $1 million transactions by 253 percent. Chicago’s transfer tax is $3.75 per $500. This tax would increase to $13.25 under the new proposal. Any increase would require voter approval by referendum.
Chicago based realtor Marki lemons talks to realty biz news about foreclosures, gamification and her own hopes and predictions for real estate during 2012