Beginning in 2000, the Cook County Treasurer’s Office performed a 20 year study on property taxes termed “The Pappas Study”.
Overall, the study provided proof of what many Chicago property owners already know: property taxes have increased dramatically over the past 20 years.
The Pappas Study also illuminated the differences in property tax tab … Read More ›
As an Illinois property owner, it’s unlikely you have remained unaffected by the current state of property taxes. However, unlike other costs involved with owning property (like mortgage payments or utility bills), tax assessments can and should be appealed.
While many counties have streamlined the ability to file an appeal, winning an appeal is a whole … Read More ›
Due to the impact of the COVID-19 pandemic, there have been massive declines in state sales tax and local income tax revenues. In order to restore operating budgets, states are looking to property taxes to close the gaps. Illinois is no exception.
Illinois property owners already pay the second highest property taxes in the United States. … Read More ›
“Property Tax Appeals” – KSN attorney Timothy Jacobs reviews the property tax appeal process for community associations and commercial properties in the Chicagoland area. Tim also discusses what community associations and commercial properties can expect to see during the 2021 appeal season due to the Coronavirus pandemic. (11 mins.)
KSN Podcast episodes are available here: www.ksnlaw.com/podcast
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