When a mistake happens on a commercial property tax assessment, where the dollar amounts are high, that error proves costly. It is therefore particularly important for a commercial property owner to remain vigilant when considering property taxes. Errors by the Assessor are not just what is listed wrong, but also what is not known that … Read More ›
In Cook County, residential properties are taxed using computer valuation programs, but industrial and commercial properties are completed individually using spreadsheets that group properties by neighborhood. This system creates room for error that commercial property owners can use to appeal their tax bill.
How Commercial Property Taxes Are Determined
The information that goes into producing an assessment for a … Read More ›
Inaccurate property tax assessments can have a substantial impact on an entire community, sometimes leading to overpriced property listings for buyers and sellers, unfair distribution of the tax burden in Cook County, and higher tax costs that are often passed on to local consumers, renters and even retailers.
Why Homeowners Should Appeal
Cook County property taxes are … Read More ›
Many Cook County property owners are paying more than their fair share in property taxes because of inaccurate assessments. Erroneous assumptions about property condition, commercial, industrial or residential usage, and how properties compare to other, similar properties in the area often result in the unfair distribution of tax burdens in Cook County.
It is estimated that … Read More ›