Property Tax Reduction Blog

In Illinois, every county and township has its own regulations. In Cook County, residential properties are evaluated as of January 1st of the current year, utilizing three to five years of prior market sales data. This enhances the stability of market value estimates by employing multiple years. It is important to use prior market sales … Read more

Residential Assessment Surges Property owners in Cook County typically anticipate an annual increase in property values. In 2024, the combined residential property value in Stickney Township, Cook County, Illinois was just over $3 billion . . A 7% increase was observed among residential property owners with residences valued between $500k and $750k, but otherwise property … Read more

Residential Assessment Surges    Property owners in Cook County usually expect property values to grow annually. Residential property in Palatine Township Cook County, Illinois had a 1% increase, meaning the value in 2024 amounted to $12 million. Owners of property valued under $750K can breathe a sigh of relief with their values holding steady. Assessment increases are … Read more

Residential Assessment Surges The rise of property values in Cook County is not a surprise for residential property owners. Residential property in Barrington Township had a 2% increase showing the rise from $4 billion in 2023 to $4.1 billion to 2024. The highest and lowest-value houses get the biggest assessment increases. Residential property owners of … Read more

Residential Assessment Surges   Property owners in Cook County are all too familiar with the rise of their home values. In 2024, residential property in Rogers Park Township has collectively jumped from just over $4.9 billion to $6 billion, an increase of 24%. The climb in assessments is the most pronounced for homes in the highest … Read more