- Editor’s Note: This is the third in a series of articles on Kane County Connects regarding the 2017 property tax bill payable in 2018. Tax bills will be available on the Kane County Treasurer’s Office website starting April 30 and sent out to Kane County residents, starting May 4, 2018. Subsequent articles will look at an estimate of the average property tax bill by township and where the property tax money comes from and where it goes.
One piece of good news for residential property taxpayers in Kane County is that there are some heavy hitters that are taking on a lot of that tax burden — folks with property tax bills that make yours and mine look tiny.
A case in point is the No. 1 property taxpayer in Kane County — Simon/Chelsea Chicago Development — which this year will pay $6,122,703 in property taxes alone.
The biggest tax benefactor of that particular piece of property might be Batavia School District 101, which receives a big portion of the outlet mall’s tax bill.
What other properties made the top 10 list for 2017 property taxes payable in 2018? To find out, read on.
Top 10 List: Who Moved Up? Who Moved Off?
The top 10 list from last year is very similar to this year’s list, with a couple exceptions.
Back this year is Spring Hill Mall, which had made previous top 10 lists but had fallen out of the top 10 last year.
Off this year’s top 10 is Toyota Motor Sales USA, Inc., which was No. 3 a year ago.
Top 10 Kane County Taxpayers
#1 Simon/Chelsea Chicago Development — $6,961,195
Simon Property Group, Inc. is a global leader in retail real estate ownership, management and development, and an S&P100 company (Simon Property Group, NYSE:SPG.) “Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales,” the company’s website says.
Simon is ranked No. 1 in the United States as the largest real estate investment trust. It’s also the No. 1 property taxpayer in Kane County, IL.
Among the tax-district beneficiaries is Batavia School District 101.
#2 Liberty Illinois LP — $3,614,716
- Last year’s ranking and payment: No. 2 — $3,683,869
Liberty Property Trust (NYSE: LPT) is a multi-billion real estate investment trust which owns 100 million square feet of industrial and office space throughout the United States and the United Kingdom, according to its website.
“Liberty has been operating in the Chicago market for more than 20 years, and owns and develops in the sub-markets of O’Hare, I-88, I-55, I-80, within the City of Chicago and Southeast WI.,” its website says.
As a fun fact, Liberty is one of the nation’s leading developers of high-performance green buildings.
#3 Geneva Commons, LLC — $3,214,228
- Last year’s ranking and payment: No. 4 — $3,232,584
Geneva Commons is “a unique collection of stores, restaurants, cafes and services in an inviting open-air setting. Situated along Randall Road in the Chicago suburb of Geneva, Illinois, the center is home to Crate & Barrel, Barnes & Noble, Dick’s Sporting Goods, Coach, H&M, Forever 21, Banana Republic, California Pizza Kitchen, Houlihan’s, and Claddagh Irish Pub, among others.”
“A hub of community activity, Geneva Commons offers seasonal events and celebrations for the whole family to enjoy,” its website says.
#4 Chicago Premium Outlets — $2,079,672
- Last year’s ranking and payment: No. 5 — $1,852,277
As mentioned above, Chicago Premium Outlets is an outdoor center located 40 minutes from downtown Chicago with more 170 stores — Adidas, Coach, Nike, kate spade new york, Movado Company Store, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Vera Bradley, Restoration Hardware and more.
It’s owned by Simon Property Group, so we’re not sure why the mall is listed separately, but it is.
“With amenities such as fireplaces, art installations, a play area, and reflecting pond. Chicago Premium Outlets is more than a shopping center, but truly a destination for shoppers and tourists visiting the Chicago area,” its website says. “Conveniently located off I-88 at the Farnsworth Avenue North exit, it is easily accessible for local shoppers and tourists coming from downtown or O’Hare and Midway International Airports.”
#5 John B Sanfilippo & Son Inc. — $1,759,672
- Last year’s ranking and payment: No. 6 — $1,762,169
John B. Sanfilippo & Son Inc. is “a global source for nuts, committed to quality, expertise and innovation that delivers an unmatched experience to our customer and consumer,” according to its website.
Sitting on a 95 acre campus in Elgin, with the most advanced automation in the nut industry, this state-of-the art 1 million-square-foot facility is the corporate headquarters for JBSS.
Peanuts and tree nuts are segregated from the time they enter the building. Its cooler capacity is 13 million pounds.
his ensures nuts are kept fresh prior to packing. In addition to advanced roasting and processing capabilities; chocolate confections, granola and sesame sticks are also manufactured here.
Fischer nuts are among the JBSS products.
#6 Canterfield Apartments LLC — $1,589,996
- Last year’s ranking and payment: No. 8 — $1,380,407
Villages at Canterfield “blends convenience, luxury, and comfort, right in the heart of charming West Dundee, IL.”
Villages at Canterfield is centrally located near the intersection of North Street and Interstate 90, and is within close distance of a large transportation network.
“Commutes are virtually effortless as employers like Sears Holding, Sherman Hospital, and IBM are just a few exits away,” its website says. “Additionally, Villages at Canterfield is located in the top-rated District 300 school district, and two of the area’s best schools, Sleepy Hollow and Dundee Middle School are within walking distance.”
#7 Algonquin Commons LLC — $1,415,740
- Last year’s ranking and payment: No. 7 — $1,649,211
Algonquin Commons is located at 1900 S. Randall Road.
“A day with the girls, a great date night, or a quick trip with the kids, they all happen at Algonquin Commons Mall,” it website says. “We have everything to make life just fabulous. Our easy-access, open lifestyle center has 12 dining options, over 60 national stores, local boutiques and fun seasonal entertainment options galore!”
#8 Q Center LLC — $1,278,324
- Last year’s ranking and payment: No. 9 — $1,342,419
The Q Center in St. Charles originally was Arthur Andersen’s Center for Professional Education in days goneby.
Now the 95-acre campus is a leader in the hospitality industry, with 150,000 square feet of versatile, IACC-certified meeting space, an expert in-house event production team, and an on-site professional printing service.
“We are the premier Chicago conference center not because of our amenities or dining (although delicious), or our custom meeting spaces — it’s because we are a dedicated team of professionals focused on just one thing: making your team better than when they arrived,” its website says. “Collectively, we offer every client more than 40 years of expertise, and half of our employees have been on staff for 10 years or more.”
#9 Legia St. Charles Assoc. — $1,248,155
- Last year’s ranking and payment: No. 10 — $1,277,749
Previously recorded as AMLI St. Charles, Legia St. Charles is a large parcel off of Kirk Road known as Ascend St. Charles Apartments.
“In St. Charles, stunning river views, striking architecture and a relaxing neighborhood ambiance come together to create a small-town aesthetic that feels a world away,” its website says. “From a historic downtown dotted with tree-lined bars and restaurants to a wealth of natural parks and the Fox River, this charming haven truly has something for everyone.”
#10 Spring Hill Mall LLC — $1,190,305
- Last year’s ranking and payment: Not on last year’s top 10 list.
Spring Hill Mall is a popular shopping destination in West Dundee, IL, “a rapidly growing suburb of Chicago,” the mall’s website says.
“With a strong anchor lineup and a broad selection of specialty retailers, Spring Hill Mall is a compelling destination for the area’s affluent residents. In 2015, the mall began major redevelopment which includes a stadium seat Cinemark Theatre and a dynamic outdoor/indoor restaurant pavilion. These changes will further enhance the upgraded interior amenities, including soft seating, free Wi-Fi and tablet tables which were added in 2014”
Read the Series
- Tuesday: Your Tax Bills Are Coming!
- Wednesday: Relevant Tax Statistics
- Today: Top 10 Kane County Taxpayers
- Friday: Estimate of Average Property Tax Bills by Township
- Monday: Where Your Property Tax Money Goes, Where It Comes From
For More Information
- For questions about exemptions or appeals, call the Kane County Supervisor of Assessments Office at 630-208-3818 or visit KaneCountyAssessments.org.
- For questions about how tax rates are developed, call the Kane County Clerk’s Office at 630-232-5964 or visit KaneCountyClerk.org.
- For questions about tax bills or payments, call the Kane County Treasurer’s Office at 630-232-3565 or visit KaneCountyTreasurer.org.