Assessed values have climbed dramatically in recent years, fueled by pandemic-driven appreciation in the real estate market.  With increased mortgage rates curbing demand, real estate prices are now falling.  This unique combination of high assessed values, slowing sales and downward price pressure presents a tremendous opportunity to seek a reduction in tax year 2024. The […]

The reality is that less than 20% of homeowners appeal their property taxes. They may feel that their bill shows an appropriate (or even lower) fair market value for their home’s worth. “Maybe we’re already getting a great deal!” Others feel that the information on their bill is incorrectly stated, and appealing will trigger someone

The Cook County Assessor’s Office uses the following neighborhoods for valuation and reporting.

Cook County Illinois provides a nice overview of how the property tax system works.

The Cook County websites have a wealth of information on property taxes and all things related. Here’s a short excerpt from the Cook County Clerk’s site on what a Property Index Number is and how to find it. You can read the full article at http://www.cookcountyclerk.com/tsd/maps/pages/aboutpins.aspx. If you’d like to skip the article and just

The Cook County websites have a wealth of information on property taxes and all things related. Here’s a short exerpt from the Cook County Clerk’s site on what a Property Index Number is and how to find it. You can read the full article at http://www.cookcountyclerk.com/tsd/maps/pages/aboutpins.aspx. How to Read a PIN The PIN is a