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  • Scavenger Sale Study
    SCAVENGER SALE COOK COUNTY TREASURER MARIA PAPPAS EXECUTIVE SUMMARY 2 EXECUTIVE SUMMARY (Page 1 of 3) 1. The Cook County Treasurer’s Office collects 99.5% of property taxes billed for any given tax year after the Annual Tax Sale is held. Delinquent taxes will be included in a Scavenger Sale only if the property has unpaid taxes for three or more years over a 20-year period. By the time the Scavenger Sale is held, only 0.23% of taxes for any year will be offered at the Scavenger Sale. • Slides 7, 8 2. The purpose of the Scavenger Sale is not to collect delinquent taxes, but it is to find new owners and get the properties back on the tax rolls. Per the Illinois Supreme Court, the Scavenger Sale “assumes that the other available methods of tax collection have been exhausted” and “is designed, as a last resort, to extinguish tax liens and forfeitures and to attempt to restore the property to a productive status.” In re Application of Rosewell (Levin), 97 Ill. 2d 434, 442 (1983). • Slide 9 3. The process to go to deed on a residential property takes more than two and a half years. This lengthy process may discourage participation and bidding at the Scavenger Sale. • Slides 12, 13 4. Properties offered at Scavenger Sales do not generate interest from tax buyers. Over the seven Scavenger Sales from 2007 through 2019, a mere 8,449 properties (5.8%) of 145,030 properties offered were actually sold to private buyers. 136,581 properties (94.2%) were not sold to private buyers.
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