May 24, 2024 ABC 7 Chicago Report: Cook County property taxes higher in south suburbs than north; some families worry about losing home Cook County south suburban homeowners may be shocked when they see their tax year 2023 second installment bill that is expected to be sent out on July 1, 2024, and due on … Read more
June 17, 2022 Source: The Beverly Review Cook County Treasurer Maria Pappas and ABC 7 Chicago will host a phone bank to help Cook County homeowners find refunds, apply for property tax exemptions and avoid the Tax Sale. Homeowners can call 312-603-5105 and provide their address or property tax index number (PIN) to researchers who … Read more
June 17, 2022 Source: NBC 5 Chicago Gov. J.B. Pritzker Friday signed Senate Bill 1975 into law, which eases the tax burden for seniors, veterans, and persons with disabilities. SB 1975 increases the general homestead exemption and senior citizens homestead exemption, reduces interest rates on tax deferrals for seniors, and allows for automatic renewal of … Read more
June 17, 2022 Source: Cook County Assessor’s Office The Cook County Assessor’s Office has published a report on Chicago’s 2021 property tax reassessment. The report includes an interactive map that allows viewers to access data on the change in assessed value from 2018 to 2021. Access to the map can be found here: https://www.cookcountyassessor.com/ChicagoDashboard The … Read more
February 7, 2022 Written By: Harrison Connery Source: The Real Deal In Chicago, the 5% property tax increase is expected to primarily affect lower income residents and tenants. The increase is expected to impact this demographic more because homes valued in the bottom 10 percent are paying a higher tax rate, per a University of … Read more
January 17, 2022 Source: Chicago Tribune Written by: John Byrne In 2020, Mayor Lightfoot passed a budget rule that ties property taxes to inflation. The federal Bureau of Labor Statistics shows a 7% increase in the national consumer price index from the previous year. This equates to a 5% increase in property taxes from the … Read more
December 17, 2021 Source: Cook County Assessor’s Office Reassessment notices for properties in Hyde Park Township were mailed to property owners on December 15, 2021. Appeals may be filed until January 21, 2022. Residential assessments are based on several factors, including location, age, neighborhood school boundaries, square footage, construction material, and the number of bedrooms … Read more
December 17, 2021 Source: Cook County Assessor’s Office Reassessment notices for properties in Lake View Township were mailed to property owners on November 22, 2021. Appeals may be filed until December 23, 2021. Residential assessments are based on several factors, including location, age, neighborhood school boundaries, square footage, construction material, and the number of bedrooms … Read more
December 13, 2021 By: Mark Brown Source: Chicago Sun-Times Cook County officials are sending an early warning that next year’s second-installment property tax bills will be seriously delayed — with a potential due date later than taxpayers have seen in a decade. Officials say they are looking at a potential 2022 second-installment payment deadline in … Read more
October 13, 2021 By: Craig Wall Source: ABC7 If Allstate moves out and the property goes vacant, the company could appeal to get their taxes reduced. And if that happens, the tax burden could shift to homeowners in Northbrook. The money Allstate pays in local property taxes funds schools. The Cook County Treasurer’s Office said … Read more