More than a dozen AI data centers near O’Hare International Airport in suburban Chicago are receiving at least $100 million in local property tax breaks this year, pushing more of the tax burden onto Cook County homeowners.
The Chicago Tribune reports that an analysis by the Illinois Answers Project and the Tribune found that at least 18 northwest suburban data centers won multimillion-dollar reductions in their taxable value from Cook County officials this year, in one case landing on a valuation lower than what the business paid to buy the site. Of those 18, 11 already had special local tax incentives that reduced their tax burdens over a…
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