Posted by John B. on March 01, 2009 at 12:04:31 from (38.114.64.144):
My parents own a samll farm in Illinois and a major 2-lane hiway has been planned (for 20 years) to cut it in half diagonally. Their ground is worth a small fortune I guess you could say. Ironically the property taxes have been declining every year for the last 20 years. Is this so the state can buy the land at fair market value? Why is this?.
Unfortunately my parents can't sell their house or any other property with out giving the state first chance at it, they're not allowed to build any structure or tear any down either. The state has come into their home and taken pictures thru out the entire house. My parents would like to sell and move into a smaller house for retirement. If I told you what their taxes are on 40 acres you would faint. My parents are not the only ones affected. There are other adjoining landowners in the same situation. I guess we're not supposed to ask questions or understand why!
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