Since its appraised value is over $1 million, the iconic Italian beef stand would incur significantly higher transfer taxes in a sale if Mayor Brandon Johnson’s proposed “mansion tax” passes next year.
Source: Inman News
Mr. Beef is a mansion? Under Chicago’s proposed tax, yes
Published in chicago, Chicago mansion tax, Chicago transfer tax, hulu, luxury, luxury lens, Markets & Economy, Mayor Brandon Johnson, Mr. Beef, Select and The Bear
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