Phoenix Bond & Indemnity Co. v. Mattingly

Petitioner, Phoenix Bond & Indemnity Company (Phoenix), appeals from an order of the circuit court denying its petition to reinstate a vacated tax deed pursuant to section 22—80 of the Property Tax Code (the Code) (35 ILCS 200/22—80 (West 2000)). We affirm.

BACKGROUND

On January 23, 1998, the Cook County treasurer and Cook County clerk offered for sale a lien for delinquent 1996 taxes on the property identified as permanent index number 27—08—406—045—0000, commonly known as 14726 Hollow Tree Road, in Orland Park, Illinois. Phoenix purchased the lien on January 23, 1998, for a payment of…