Illinois lawmaker looks to change how tax sales impact debt-ridden properties – Center Square

According to a study by the Cook County’s Treasurer’s office, a little-known loophole has allowed investors to siphon millions of dollars from government agencies. That makes Illinois “like no other state in the country,” where the law “allows tax buyers to easily and quickly undo a tax deal for trivial reasons, often getting all of their money back, including interest, fees and court costs."