Illinois has now surpassed New Jersey for the highest effective property tax rates in the nation, according to a recent report by Attom Data Solutions.
Illinois’ 2023 effective property tax rate, calculated as taxes paid relative to median home value, is 1.88%. This rate, the highest in the country, increased from 1.78% the previous year.
Illinois Property … Read More ›
Your property tax bill in Chicago and Cook County is based on the assessed value of your property. That value, in turn, is based on a large number of factors. When even one of those factors changes, the assessed value of your property could go up.
The Cook County Assessor’s Office has a lot of information … Read More ›
Block parties are an excellent way for residents in condo associations and HOAs to come together and celebrate community spirit.
Here are nine considerations for board member to ensure these events are not only fun but also safe and compliant with association rules and local laws.
1. Community Involvement and Activities: Encourage community involvement by organizing various … Read More ›
Cook County first-installment property tax bills are usually a shock when you receive them in the mail. For many property owners, the bill has gone up.
When you wake up from your fainting spell, learn what you need to know about your tax bill.
1. You can lower your taxes by appealing your assessment
Taxes are based on … Read More ›