Property Taxes

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

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

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.

Residential Assessment Somewhat Higher The residential property market values of property owners in New Trier Township, Cook County can increase annually. In 2024, the residential property market value in New Trier Township saw a slight increase of 1.3%, increasing from $19.7 billion in 2023 to $19.9 billion. The properties with the most substantial value increase of … Read more

Residential Assessment Surges Annually, residential values rise in Cook County for property owners. Residential property in Lyons Township had a 0.6% increase illustrating the growth from $14.8 billion in 2023 to $14.9 billion in 2024. The lowest value houses with a range of $1MM to $1.5MM had a great assessment increase between 2023 and 2024. … Read more

Residential Assessment Practically Unchanged The residential property values of property owners in Maine Township, Cook County, experienced a negligible increase between 2023 and 2024. The value of the residential property market in Maine Township increased by 0.5% in 2024, from $15.6 billion in 2023 to $15.7 billion. Higher market value properties had the highest increase … Read more

Residential Assessment Close to Flat Between 2023 and 2024, there was a barely perceptible increase in the residential property values for most property owners in Calumet Township, Cook County. In 2024, the residential property market in Calumet Township saw a 0.1% increase in value, rising from $676 million in 2023 to $677 million. The properties … Read more

Residential Assessment Surges Increase of residential values in Cook County does not surprise property owners. Residential property in Hyde Park Township had a 28.7% increase showing the rise from $12 billion in 2023 to $16 billion in 2024. The lowest value houses in 2023 had great assessment increases in 2024. Homes of $750K to $1MM … Read more

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

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