Where a school allows a for-profit company to operate on its property in return for paying property taxes, that company can not receive a property tax exemption as it only applies to businesses not operating with a view to profit.The 1st District Appellate Court reversed the decision of Cook County Associate Judge Michael F. Otto.In 2015, Bright Horizons Children’s Centers LLC (Bright Horizons) operated two daycare facilities on property owned by the University of Chicago (university), one on Drexel Ave. (Drexel) and one …