Monthly Archives: May 2015

How Are Property Taxes Calculated in Illinois?

how-illinois-property-taxes-calculatedIf you’ve noticed that your property tax bill increases at a rate that doesn’t correspond with changes in home prices on the market, you may wonder how your county assessor determines your annual property tax bill. This blog post explains the process of how your property tax asse

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What Is Equalized Assessed Value (EAV)?

What Is Equalized Assessed Value (EAV)?The Equalized Assessed Value (EAV) of your property is the product of the assessed value of your property (both land and improvements) and the State Equalization Factor, which is set by the Illinois Department of Revenue.

How Is EAV Calculated?

In Illinois, counties are required to “equalize” property t

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Why You Pay Higher Property Taxes If You Don’t Appeal

Why You Pay Higher Cook County Property Taxes If You Don’t Appeal One of the most unpleasant and unspoken aspects of paying property taxes is that, if you don’t appeal for reductions, you may be paying more in property taxes than you should – perhaps even $1,000 or more. Why?

Again, It Starts with Government Spending

As we covered in our How Are Proper

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Cook County Property Tax Seminars: May 12 & 19

Cook County Property Tax SeminarsCook County Commissioner of the 13th District, Larry Suffredin, has announced that he will host two property tax seminars. At both, representatives from the Cook County Assessor’s Office will make a presentation and answer your questions.

Evanston Property Tax Seminar: May 12, 2015

  • Tuesday from 6:30-8pm
  • Lorraine Morton Civic Center: 2100 Ridge Ave. in Evanston, IL 60201

New Trier Township Property Tax Seminar: May 19, 2015

  • Tuesday from 6:30-8pm
  • Wilmette Community Recreation Center: 3000 Glenview Rd in Wilmette, IL 60091

Cook County’s 13th District

The 13th District includes the following areas:

  • 49th & 50th wards of Chicago
  • Evanston
  • Glencoe
  • Glenview
  • Kenilworth
  • Lincolnwood
  • Morton Grove
  • Niles
  • Northfield
  • Skokie
  • Wilmette
  • Winnetka

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