Accounting Services in Chicago Ridge, IL

Chicago Ridge Business Licensing, Sales Tax and CPA Support

Licensing comes first in Chicago Ridge

The Village of Chicago Ridge says every business operating in the village must be licensed. The Board of Trustees must approve each license before the business opens, and that covers temporary businesses, mall kiosks and carts, mall displays and home occupations. Payment is due when you submit the application. Because approval depends on a board meeting, build a few weeks into any opening date.

The village application may ask what kind of business entity you have. If you have not formed one yet, we can walk through the LLC and S corporation choice before you file it.

Two sales tax rates in one village

Illinois Department of Revenue address files list Chicago Ridge with a base general merchandise rate of 10.25% as of August 1, 2026. Business district addresses, including the Chicago Ridge Mall and listed addresses on Ridgeland Avenue and 95th Street, are at 10.75%. A mall tenant and a shop a few blocks away can owe different rates. Our bookkeeping keeps those collections matched to the right return.

• Base village rate: 10.25%
• Chicago Ridge Mall and listed Ridgeland Ave / 95th St addresses: 10.75%

Worth Township is being reassessed this year

Cook County reassesses one region every three years. 2026 is the south and west suburbs’ year, and the Cook County Assessor lists Chicago Ridge in Worth Township. Worth Township reassessment notices were mailed September 1, 2026, and the appeal deadline with the Assessor is October 15, 2026. The new values will appear on tax bills in 2027. If you own your building or rent under a lease that passes property tax through to you, check the notice before that date.

Returns and contact

We prepare business tax returns for partnerships, S corporations and C corporations, along with the owner’s federal and Illinois personal return.

For S corporations and partnerships, the Illinois return includes a 1.5% replacement tax on net income. For C corporations it is 2.5% plus the 7% corporate income tax. Our office at 1323 Butterfield Rd, Downers Grove is about 21 miles from Chicago Ridge. Call (331) 264-4194 or write to us through the contact page.