08/01/2010 05:12 am ET | Updated May 25, 2011

Alderman Mary Ann Smith Gets Historic Tax Break

Ald. Mary Ann Smith's 1912 craftsman-style bungalow sits on a spacious, leafy corner lot in Edgewater. It's an enviable piece of real estate.

Her property taxes are more enviable still. The 48th Ward alderman and her husband, Ronald, paid the lowest property taxes -- by far -- of anyone on their block in 2009.

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