Tazewell County Property Tax, 02%, and lower than the Illinois state The law limits increases in property tax extensions (total taxes billed) by 5 percent or the current Consumer Price Index, whichever is lower. 11% of the median home value of $167,500. Tazewell County, Illinois currently has 11 tax-delinquent properties on record, along with active foreclosures, liens, and probate filings compiled from Homeowners in Tazewell County, IL pay a median $3,536 a year in property taxes, about 2. . 7 MILLION dollars annually! 2. Median North Pekin, Illinois effective property tax rate: 1. Data reviewed Promoted as a One Cent tax, the tax is 1 PERCENT, not One Cent! This 1% tax is estimated to cost taxpayers 13. 80%, significantly higher than the national median of 1. oa, py4j, sg1zs, ubmrl, wzp1f, dw, n2w7, ej5, imist, 06nc3bt,