Illinois continues to rank among the states with the highest property taxes in the country, routinely landing in the top three according to recent national surveys and studies. For example:

In 2024, Illinois homeowners paid an average effective property tax rate of around 2.1%, which is nearly double the national average of approximately 1.1%.
This means that … Read More ›

In Cook County, all properties- residential, commercial, and industrial – are reassessed every three years. This triennial reassessment ensures that property values reflect current market conditions and that each property owner pays their fair share of property taxes based on the property’s estimated value.

The reassessment determines the assessed value of each property, … Read More ›

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 ›