Chicago and Illinois commercial and office building property tax appeal attorneys
For the owner of a commercial office building, property taxes are a significant burden on their operating budget. Commercial office building owners can be frustrated because they think they lack control over their tax liability. They may want to manage their costs by charging tax liability back to their tenants, but don’t know how.
Our office concentrates on real estate tax analysis and tax liability planning. We work in partnership with our clients to assist them in the cost-effective management of their properties, with special focus on their property tax burdens.
Our property tax appeal services include:
- Commercial property tax appeals
- Office building property tax appeals
- Retail property tax appeals
- Hotel and motel property tax appeals
- Restaurant and fast food property tax appeals
- Gas station property tax appeal
- Shopping center and strip mall property tax appeals
- Medical clinic property tax appeals
- Mixed use commercial property tax appeals
- Municially owned property with leaseholds property tax appeals
Making your tax liability predictable
With the help KSN, owners may be able to make their tax liability predictable and controllable, creating a more attractive situation for lessees. Through property tax planning, we consult with commercial building clients in structuring their leases to include a reasonable share of the property tax burden while also maintaining competitive rental rates.
Commercial buildings can be valued in the assessment process based on their income-producing capacity. Expenses and rent are major factors in our analysis of the property’s value. The use, condition and tenant mix may also be factors.
KSN will develop an income analysis of your commercial property and review:
- The amount, quality and durability of lease income over the economic life of the property
- Market data rents and expenses, or actual income and expenses capitalized
- Condition and level of occupancy of the property
- Sales of comparable properties in the area in order to argue for lower taxes on the property’s value
We work on a contingency fee basis.
KSN does not have a processing fee. You pay no legal fees unless we are able to reduce your property tax assessment reduction. We maintain competitive fee rates so you save more money by choosing KSN instead of our competitors.
Questions about our property tax appeal services? Ready to start your appeal?
Please fill out the form below or call us at 1-855-537-0500.
