At the Homewood Village Board meeting on Feb. 25, the board approved Wind Creek Casino’s property tax appeal for 2024. The appeal also requires approval by the East Hazel Crest Village Board, Village Manager Napoleon Haney said.
Wind Creek’s property was given an assessed value of $24,159,965 by the Cook County Assessor for the 2024 tax year based on a total fair market value of $98,674,723, Haney said.
According to the Cook County Assessor, this is based on a pro-rata assessment for all newly constructed improvements for 47% of the year, Haney said.
Since Wind Creek did not receive a certificate of occupancy for the casino and parking garage until Oct. 14, 2024, they believe that it would be fair if they could pay property taxes based just upon the prorated 2024 assessed value.
