Generally, no. The Illinois Revenue Act requires that County Tax Assessors not tax common elements of a condominium association separately or in addition to the taxes that are assessed against the individual units. Condominium association units are considered percentage in ownership of a portion of the whole of the property. The taxes should be based on the entire property and then divided by each unit based upon their proportion of share of the whole. In the event that your association has a question regarding property tax adjustments or whether or not property taxes are being applied or assessed correctly to your association, please contact us for further information and potential evaluation.