Cook County properties are reassessed on a triennial schedule. Every three years, the new valuations – along with appeals, exemptions, local tax levies, and assessments of nearby properties – determine the amount of future property tax bills.

For the purposes of reassessment scheduling, the thirty townships within Cook County are divided into three groups:

  • North/northwest suburbs
  • South/southwest suburbs
  • City of Chicago

In 2024, property taxes will be reevaluated for residential properties in the City of Chicago. This includes condominium, homeowner (HOA), and townhome community associations.

 

Chicago Property Taxes: Neighborhood Breakdown

The townships of Hyde Park, Jefferson, Lake, Lakeview, North Chicago, Rogers Park, West Chicago, and South Chicago all fall into the City of Chicago grouping.

For reference, here are some neighborhoods that are located within the nine City of Chicago townships:

  • Hyde Park Township – includes Hyde Park, Kenwood, Woodlawn, Avalon Park, Burnside, Pullman, South Shore, South Chicago, East Side, Hegewisch, Calumet Heights, South Deering, and Riverdale neighborhoods
  • Jefferson Township – includes Jefferson Park, North Park, Albany Park, Irving Park, Avondale, Hermosa, Belmont-Cragin, Montclare, Portage Park, and parts of Logan Square. Sections of the Norridge, Norwood Park, and Harwood Heights suburbs are also located in Jefferson Township.
  • Lake Township – includes Englewood
  • Lakeview Township – includes Uptown, Lincoln Square, North Center, Wrigleyville, and Lincoln Park
  • North Chicago Township – includes Old Town, Gold Coast, Cabrini-Green, Magnificent Mile, and River North neighborhoods
  • Rogers Park Township – includes Rogers Park and West Ridge
  • West Chicago Township – includes West Town, West Loop, Pilsen, East Garfield Park, West Garfield Park, Little Italy, Heart of Chicago, Lawndale, and Greektown
  • South Chicago Township – includes Chinatown, Grant Park, Prairie Shores, and Motor Row District

 

Chicago Property Taxes: Impact on Community Associations

Condominium, homeowner (HOA), and townhome community association assessment appeals require careful analysis and preparation.

The property tax appeal should be filed as a group on behalf of all units to streamline the process. This will benefit all unit owners and ensure uniformity of taxation within the association.

Also check out the 5 Most Commonly Asked Questions Regarding Association Group Property Tax Appeals (Illinois).

There are several agencies in the appeal process. Each one comes with its own caveats and pitfalls. Accordingly, associations should seek out skilled legal counsel to steer them through the appeal.

 

Chicago Property Taxes: Does the Association Have to Hire an Attorney to Appeal?

To file a group appeal, yes. Community associations are not considered “persons” under Illinois law and need a licensed attorney to represent them in any legal proceeding. This includes property tax assessment appeals.

Unfortunately, hiring a “tax consultant” or having one of the board members file an appeal on behalf of the entire association would result in the appeal being voided and might cost the association the ability to re-file with legal counsel if the appeal deadline has expired.

 

Legal Resource

When your condominium, homeowner (HOA), or townhome association receive your 2024 Chicago property tax assessment notices, do not hesitate to contact our law firm.

KSN’s experienced attorneys have saved our clients over $150 million since 2015 by successfully reducing their property tax assessments.

Please call 855-537-0500 or visit www.ksnlaw.com.

Since 1983, KSN has been a legal resource for condominium, homeowner, and townhome associations. Additionally, we represent clients in real estate transactions, collectionslandlord/tenant issues, and property tax appeals. We represent thousands of clients and community associations throughout the US with offices in several states including Florida, Illinois, Indiana, and Wisconsin.

 

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