Lawrence to Bryn Mawr Modernization Project
Beginning January 24-26, the CTA will start consecutive weekend-long closures of the Bryn Mawr, Thorndale, and Granville stations from Friday 10 p.m. through Monday 4 a.m. each weekend. This will last at least six consecutive weekends (weather permitting) and the CTA will operate a bus shuttle on Broadway making regular stops at Bryn Mawr, Thorndale, and Granville.
This new exhibit at the Edgewater History Museum examines how the previous historically high lake levels in the late 1980s caused extensive damage to Chicago’s lakefront communities. This crisis spurred a variety of citizen task forces to propose lasting solutions to prevent future flooding, but few of these recommendations were actually implemented. The exhibit also examines the science behind the fluctuations in lake levels and how Chicago extensively rebuilt more than eight miles of shoreline over the past 30 years. The current crisis calls for the same collective action to protect Chicago’s unique lakefront from further erosion. Click here for a report on a neighborhood meeting held on the subject last October.
The museum is located at 5358 N. Ashland and is open Saturdays and Sundays from 1–4 p.m. Admission is free.
Previous Property Tax Exemptions Apply Automatically
Many homeowners are receiving notices that last year’s Cook County Homeowner’s and/or Senior Property Tax Exemptions were automatically renewed. As long as you have not changed primary residences, the Cook County Assessor’s Office will automatically apply these exemptions if you had them the previous year. Click the link above if you need to apply for either of these exemptions for the first time. Here you’ll find a full list of exemptions available to Cook County homeowners, including those for veterans and for people with disabilities.
Download Your March 3 Property Tax Bill Now
Cook County Treasurer Maria Pappas announced that next year’s First Installment Cook County property tax bills are available online. You can view and download your bills at www.cookcountytreasurer.com/. You may also pay your bill online with no additional fees using your bank account. The Treasurer’s Office accepts partial payments. However, all taxes must be paid by the due date to avoid the interest charge of 1.5 percent per month mandated by Illinois law.
The 101st Illinois General Assembly has been convened. Check back here for news and information regarding bills that affect condominium owners.
City Ordinance Ups Condo Deconversion Vote to 85%
On September 18, the Chicago City Council unanimously passed an ordinance that requires 85% of condominium association members to approve the sale of an entire building. Aldermen Harry Osterman (48th) and Brendan Reilly (42nd) proposed the bill. Deconversions of condo buildings into rentals have increased in part because of soaring rents in some of the most desirable areas to live in Chicago. It is becoming more profitable for developers to invest in existing buildings rather than in new construction. Many of the aldermen noted that the vast majority of their constituents favored the change from a 75% threshold. However, the state law has not changed, and some legislators plan to introduce a bill to address that. For a more detailed discussion of the issues, check out the article in BISNOW, a real estate news website.