
Hotels and shopping malls have skipped out on their Cook County tax payments
Pummeled by the pandemic, numerous hotels and shopping malls in Cook County have skipped their latest property tax payment.
And the total has added up to nearly $500 million the county hasn’t collected, according to Crain’s.
In Chicago, Hilton and Marriott brands, and the luxury Drake Hotel on North Michigan Avenue have accrued the biggest unpaid bills.