Editorial: Heads up, Chicago Property Owners. It’s Re-assessment Year, and It Won’t Be Pretty

By avorio / June 24, 2025 / Comments Off on Editorial: Heads up, Chicago Property Owners. It’s Re-assessment Year, and It Won’t Be Pretty

March 5, 2021 By: The Editorial Board Source: Chicago Tribune In 2021, Cook County Assessor Fritz Kaegi will re-assess all properties in the City of Chicago, and it is not expected to be a good sign for property owners. The Chicago Tribune predicts higher assessments and higher property tax bills. While Kaegi tries to balance … Read more

Kaegi Slams Foes, Vows to Revamp Chicago Property Assessments

By avorio / June 24, 2025 / Comments Off on Kaegi Slams Foes, Vows to Revamp Chicago Property Assessments

March 2, 2021 By: Greg Hinz Source: Crain’s Chicago Business In 2019, Cook County Assessor Fritz Kaegi re-assessed the north and northwest suburbs shifting the tax burden towards non-residential property owners. However, on appeal, the Cook County Board of Review shifted the tax burden back towards the homeowners. Kaegi argued that the Board of Review’s … Read more

New Cook County Property Assessments Continue To Shift Tax Burden From Homeowners to Businesses in South Suburbs

By avorio / June 24, 2025 / Comments Off on New Cook County Property Assessments Continue To Shift Tax Burden From Homeowners to Businesses in South Suburbs

January 29, 2021 By Hal Dardick Source: Chicago Tribune While homeowners may feel property tax relief from Cook County Assessor Fritz Kaegi’s re-assessment in 2020 of the south and southwest suburbs, commercial landlords may feel overwhelmed and discouraged to operate businesses in the region. Kristi DeLaurentiis, executive director of the South Suburban Mayors and Managers … Read more

Kaegi Jacks Up Assessments On South Suburban Landlords

By avorio / June 24, 2025 / Comments Off on Kaegi Jacks Up Assessments On South Suburban Landlords

November 5, 2020 By: Alby Gallun Source: Crain’s Chicago Business The south and southwest suburbs felt the impact of Cook County Assessor Fritz Kaegi’s re-assessment in 2020. The assessed value of non-residential property increased 56 percent from 2019 while the assessed value of residential property increased 8 percent. As you can see in the article, … Read more