Your Illinois property tax bill is based on the value of your residential, commercial, or industrial property. The county assessor’s office compares each property with similar properties in the area to determine their respective values.
For instance, the Cook County Assessor’s Office is responsible for placing a value on about 1.8 million parcels.
Local governments spend the … Read More ›
“2023 Legal Updates Impacting Illinois Community Associations” – KSN attorneys Omar Malik and Joshua Weinstein discuss important 2023 legislative and case law updates impacting Illinois condo, homeowner (HOA), and townhome associations. Topics include document requests, special assessments, fire prevention, insurance coverage, and more. (50 mins.)
The KSN Podcast examines various aspects of association law, landlord/tenant issues, property … Read More ›
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:
City … Read More ›
“2022 Property Taxes: Impact on Chicagoland Community Associations” – 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 2022 property tax appeal season. (11 mins.)
The KSN Podcast examines various aspects … Read More ›