Over the past decade, the University of Illinois Chicago has leased storefronts in its University Village Maxwell Street to a private preschool.
Under Illinois law, the university is supposed to tell the Cook County assessor's office about any new tenants. That's to help ensure that tenants, like the University Village Montessori School, that lease and operate on government property get billed every year for property taxes — money that, in Chicago, largely goes to the Chicago Public Schools and city government.
But UIC officials repeatedly have failed to obey that law. So the preschool hasn't been billed for hundreds of thousands in leasehold property taxes, a Chicago Sun-Times investigation has found.
Asked about the Sun-Times' findings, the Cook County treasurer's office — which sends out property tax bills — says the Montessori school should have to pay up, making good on property taxes going back to 2013 that it should have been billed for had UIC followed the law. That's a bill that could top $839,000, according to the treasurer's office.
Kiran Devani, who, with her husband Kashif Devani, owns the preschool, says it's not her fault that Cook County officials never sent her any tax bills for more than six years, though their lease with the university says they're responsible for the real estate taxes.
Cook County Assessor Fritz Kaegi asked the university yesterday to provide its leases with the Montessori school, which his office says will owe a yet-to-be-determined amount of back taxes.
Government bodies, such as UIC, are exempt from having to pay property taxes.
But their privately owned tenants are not. The assessor's office is required to bill any business operating on government-owned property. That includes Navy Pier, O'Hare Airport, Midway Airport and public universities like UIC, which all lease space to stores, restaurants and other tenants.
0 Comments