August 24, 2021 By: Danny Ecker Source: Crain’s Chicago Business Cook County property tax bills arriving in mailboxes over the next couple weeks will show a familiar Chicago-area trend: The local tax burden continues to shift from residential to commercial properties. However, that is not the case for all residential property owners. Pappas’ report also … Read more
August 24, 2021 By: Sarah Freishtat Source: Chicago Tribune New data shows that the Chicago-area housing market has continued to boom through the spring and summer. In the nine-county Chicago metro area, the median home sale price from January to June rose to $300,000, up about 16.3% over the first six months of 2020, according … Read more
June 23, 2021 By: Joe Cahill Source: Crain’s Chicago Business Cook County Assessor Fritz Kaegi promised to eliminate unfairness in property tax assessments swept the political newcomer into office. The promises that have gained him supporters could be seen as hollow if his reforms touch off rent increases in a city short on affordable housing. … Read more
June 18, 2021 By: Greg Hinz Source: Crain’s Chicago Business Property owners are getting their first look at how Cook County Assessor Fritz Kaegi’s new proposed valuations will affect Chicago, and while nothing is final, the new data may send chills down the backs of apartment building owners and their tenants. Rental building valuations are … Read more
June 17, 2021 By: Wendell Hutson Source: Crain’s Chicago Business The due date for homeowners to pay their taxes without penalty could be pushed back to September. For the second year in row, Cook County homeowners are poised to get more time to pay their property taxes without penalty due to the pandemic. The current … Read more
June 15, 2021 Source: Cook County Assessor Reassessment notices for properties in Rogers Park Township were mailed to property owners on June 15, 2021. Appeals may be filed until July 19, 2021. The purpose of ensuring property owners pay only their fair share of property taxes—without needing to file appeals to correct inaccurate assessments—is to … Read more
Thinking of Filing An Appeal to Your Higher Property Assessment? Two County Assessors Offer Guidance
May 21, 2021 By: Jerry Davich Source: Chicago Tribune Here you can find Davich’s conversation with Porter County Assessor Jon Snyder and Lake County Assessor LaTonya Spearman. Both assessors placed an emphasis on educating the public and acknowledged that, “homeowners are most likely to be angry when they don’t fully understand the process.” They explained … Read more
May 20, 2021 By Prof. Christopher Berry Source: UChicago News When’s the last time you thought about property taxes? We mostly accept them as a part of society, and assume that they’re being calculated fairly. University of Chicago Professor, Christopher Berry says that assumption is wrong. A breakthrough study from Berry has shown that, on … Read more
May 19, 2021 Source: Wednesday Journal of Oak Park and River Forest A property owner in Oak Park Township can appeal the assessed value of their property to the Cook County Assessor’s Office between May 17 and June 16, 2021. According to Oak Park Township Assessor Ali ElSaffar, individuals looking for assistance in filing appeals … Read more
May 12, 2021 Source: Evanston Round Table The 30-day window to file an appeal to the Cook County Assessor’s office for properties in Evanston Township is open through Monday, June 7. This is the third year of the current three-year assessment period. Cook County Commissioner Larry Suffredin encourages residents to reach out to his office … Read more
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