Residential Assessment Surges The residential property values of property owners in Cook County, Bremen Township experienced a decrease by the end of 2024. The residential property market in Bremen Township experienced a decrease of -0.2% in 2024, the value fell from $7.42 billion in 2023 to $7.4 billion. The houses with the most significant value increase … Read more
Property Tax Reduction Blog
Residential values in Berwyn Township experienced a 0.4% increase, while commercial values experienced a 3.8% rise in value
Residential Assessment Surges The residential property values of property owners in Cook County, Berwyn Township increase annually. The residential property market in Berwyn Township experienced a modest increase of 0.4% in 2024, rising from $3.54 billion in 2023 to $3.56 billion. The houses with the most significant value increase of 9% had a value range of … Read more
When Can Property Owners File for Appeal?
In Cook County, Illinois, the Cook County Assessor’s Office reassesses the value of all properties in the city every three years. This process is known as the triennial reassessment. Depending on the township and suburb – North suburb South suburb, and City of Chicago- property owners in Cook County will receive the reassessment of their … Read more
Triennial Reassessments Explained
Property Assessments in Cook County Property valuations and assessments are different in townships in Cook County, Illinois. The appeal and reassessment process is governed by the regulations of each county and township in Illinois. The Cook County Assessor’s Office is in charge of determining the value of more than 1.8 million single-family homes and other … Read more
Is 1,642% Increase a World Record Property Tax Increase?
Cook County Assessor raised the market value of 103 N Laramie Avenue, Chicago by 1,642% increase in just one year! This is for a duplex in West Chicago Township. The total market value was raised to $310,000 in 2024 from $17.800 in 2023. The assessed value rose from $1,780 in 2023 to $31,000 in 2024. … Read more