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Data Centers vs. Local Tax Burdens | Real Estate News
Data centers are swooping in on Chicago with massive tax breaks—$100 million across just three towns—while homeowners face skyrocketing property taxes. In Northlake alone, three data centers captured nearly 30% of the village’s tax base in 2025, wiping out $2K annual savings for average residents. Developers claim these incentives are essential to revitalize land, but when Microsoft’s Azure facility was appraised at $900M (vs. $250M) and settled at $364M, the real cost to communities becomes painfully clear: tech giants profit, while locals pay more. Listen in comfort:Get a discount on a Soli…
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