Illinois

Posen

Village Posen is a village in Illinois, in Cook County.

The median owner-occupied home in Posen had a real-estate tax bill of $3,366 (± $448) a year, compared with $5,189 in Illinois and $2,969 nationwide. The median home value was $172,800 (± $17,047), compared with $250,500 in Illinois and $303,400 nationwide.

U.S. Census Bureau estimates for Posen, Illinois and the United States, with margins of error
MeasurePosenIllinoisUnited States
Population 5,331 ± 121 12,692,653 332,387,540
Median annual property tax bill (homeowners) $3,366 ± $448 $5,189 ± $19 $2,969 ± $3
Median home value $172,800 ± $17,047 $250,500 ± $863 $303,400 ± $362
Median household income $71,994 ± $13,367 $81,702 ± $363 $78,538 ± $176
Property tax as a share of home value (calculated) 1.95% ± 0.32 points 2.07% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 71.6% ± 7.4 points 66.8% ± 0.3 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 16.8% ± 6.1 pointsrough guide only: the margin of error is 37% of the estimate 31.3% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 25.5%, margin of error ± 13.4 points) 22.1% ± 0.2 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Illinois

How it works. County tax sale of lien/certificate followed by circuit-court petition for tax deed

Excess sale money. Effective 2026 amendments create a surplus-equity fund. A former owner who loses property by issuance of a tax deed may seek an award based on property value less liens under 35 ILCS 200/21-302, subject to statutory rules

These rules are set by Illinois, not by Posen, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Illinois entry with statute links.

← Back to Cook County · Back to Illinois