Property taxes are expected to increase in the city of Chicago thanks to Mayor Rahm Emanuel. Not that he is trying to do anything wrong, but an area in North Chicago is going to be affected the more than any others due to property tax, some estimate that it is supposed to rise in excess of forty-eight percent. No other region’s property tax in Cook County rose more than this area did, which was sent ahead in late this October by the City Council of Chicago. Roughly everyone in between CTA’s Clybourn Red Line and North stop and the Chicago Avenue Brown Line stop will be affected by this property tax hike.
The increase in the price of real estate in this area has caused the property tax to go up as well. If an area is pricey to live in, residents will largely be willing to pay the property tax. It is not like they could do anything but move out of the neighborhood, anyways.
Mr. Majeed Ekbal is the president of Expresso on North Lakeview Avenue. Expresso is not a coffee — it is a company designed to buy and gather groceries from a list of different stores for people who need to buy groceries but are not easily able to leave their home and buy them or they might not have the time. Majeed Ekbal has been known to even purchase goods from out of state to fulfill the customer’s needs.
Majeed Ekbal is also involved with real estate and the property tax hike in some areas of Chicago. Mr. Majeed Ekbal recently graduated from the American University, located in the heartland of the United States of America in the District of Columbia. Ekbal’s company, Expresso, is expected to grow into the largest company of its type in the greater Chicago area in the next few years.