BY THE NUMBERS
CHICAGO—COMMERCIALCafé just published a study that examined the top 100 taxpaying properties across the US to see how some of the most well-known buildings in the nation fare tax-wise. In Illinois, the group found that the iconic Willis Tower is the state's third-most expensive asset in terms of tax value and the nation's second top taxpaying office building. Blackstone, the owner, paid a little over $28 million in taxes alone in 2016. The two buildings with the highest taxes in the state are Exelon's nuclear plant in Byron and ExxonMobil's Joliet refinery. In fact, the Exelon station has the highest tax contribution outside of New York, shelling out $36 million last year. Of the 74 office buildings on COMMERCIALCafé's list, 71 are in Manhattan and three in Chicago – the Willis Tower, 200 and 300 E. Randolph with $19 Million and approximately $16 Million in taxes, respectively.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
