Elmwood Properties, Inc. v. Bulls

Interstate Bond Company purchased at a 1971 tax sale real estate consisting of two lots located at 630 South 12th Avenue in Maywood upon which had been erected a two-story frame house referred to as a “two-flat.” Although there were unpaid taxes for 1951, 1957, 1958, 1966, 1967 and 1968, the sale in question here was because of nonpayment of the 1969 taxes. While Interstate’s subsequently filed petition for a tax deed was pending, it assigned its certificate of purchase to Elmwood Properties, Inc. (Elmwood), and the Cook County circuit court ordered a tax deed to issue to Elmwood. The…