Property taxes are due soon for Cook County property owners! Steer clear of late fees and penalties by keeping up to date on all property tax deadlines. Be Aware of Deadlines & Avoid Late Fees For Cook County property owners, your 2024 property taxes are due in two installments. The Cook County Treasurer has already sent out … Read more
Property Tax Reduction Blog
Illinois Assessors Can Increase Your Property Value without Individual Notice
If you are a property owner in Illinois, you should make it a habit to check your property values every year, even if you are not in a reassessment year. The reason for this is because in Illinois, property values can be adjusted for taxes in two very different ways. These methods of adjustment are … Read more
Is it Legal to Raise Property Taxes 20-Fold in One Year?
The owner of the 3-unit triplex at 1633 S Avers Avenue (Chicago IL 60623) saw their Cook County property tax assessment increase 2,080% between 2023 and 2024. This is not a typo. The Cook County Assessor increased their opinion of the value of this property from $16,050 ($5,350/unit) to $350,000 ($116,667/unit). How can the value … Read more
From Modest to Monstrous: Property Value Soars by Unbelievable 2,797%
The Cook County Assessor raised the market value of 626 N Long Avenue, Chicago by 2,797% in just one year! This is for a duplex in West Chicago Township.
Kaneville Commercial and Residential Values Increase by 7.2% and 7.3% Respectively
Property Values Up for Homeowners The residential market values of property owners in Kaneville Township, Kane County, saw a substantial increase of 7.3% from $158 million in 2023 to $170 million in 2024. The most considerable value increase of 13.1% was observed in properties with a value range of $750k to $1 million. Values increased in … Read more