Northfield Township Assessment Notices Mailed

NorthfieldAssessment notices for tax year 2018 have been mailed to property owners in Northfield Township. If your home is in Northfield Township you have one month to appeal your assessed value at the Assessor’s office until the deadline of June 21st.

Northfield Township was reassessed in 2016 but you may appeal your assessment every year. A successful appeal in 2018 will result in one year of savings, until Northfield is reassessed in 2019. The best way to ensure you never pay more than your fair share in property taxes is to review your assessment annually and appeal whenever you have a strong basis for an appeal argument, no matter where your township is at in the triennial reassessment cycle. Others also recommend this approach.
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Assessment Notices Mailed to Lyons Township

Lyons 1The Cook County Assessor’s office mailed 2018 assessment notices to Lyons Township property owners on Monday, May 14th. If your home is in Lyons Township you have 30 days to appeal your assessment at the Assessor’s office until the deadline of June 14th.

Lyons Township was reassessed in 2017 but you can appeal your assessment every year. A successful appeal in 2018 may result in two years of savings, until Lyons is reassessed in 2020. We recommend you review your assessment annually and appeal at the Assessor’s office and the Board of Review whenever you have a strong basis for an appeal argument. This is the best way to ensure you never pay more than your fair share in property taxes. Others also recommend this approach.
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Triennial Reassessment Notices Mailed to Lake View

Lake ViewThe Cook County Assessor’s office has finished the triennial reassessment for properties located in Lake View Township and notices were mailed on Monday, May 7th. Valuation statistics from the Assessor’s office can be found here. Property owners in Lake View have 30 days to appeal their assessment at the Assessor’s office (there is also a second opportunity later in the year at the Board of Review). The deadline for appealing your assessment at the Assessor’s office is June 7th.

We recommend reviewing your assessment annually, especially in a reassessment year, to ensure you do not pay more than your fair share in property taxes. If you believe that your assessment does not seem to be in line with that of comparable properties you should consider appealing (if you would like a free second opinion contact us). Successfully appealing in a reassessment year may provide 3 years of savings on your future property tax bills. The amount of success you achieve on your property tax appeal depends on the strength of your appeal argument.
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Investor Keeps Taxes Down, Profits Up With Kensington

Investor Keeps Taxes Down Profits UpFor Karl Peterson, residential property investment is a family business. The family buys buildings in need of repair, guts them, rehabs them and then rents them out.

With more than two decades of experience, Peterson has developed a sharp eye for a building’s potential. His pet peeve: “When people don’t do things the right way.”

Shoddy attempts at renovation are just work he’s going to have to redo. “I want it perfect,” he says.

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Chicago-area Property Taxes Take a Bigger Bite than Taxes Almost Anywhere Else

Chicago Property Taxes Take a Bigger BiteThere are a lot of reasons to love living in Chicagoland. But when it comes to property taxes, there are an awful lot of places to love more.

In fact, according to a new report, Chicago area homeowners are paying bigger property tax bills on average, than homeowners in 93%  of 1,414 counties across the rest of the country.

Report Surveys Property Taxes in 6 Chicago Area Counties

The April 2018 report from Attom Data Solutions compared counties with at least 10,000 single-family homes and showed that homeowners in Lake, DuPage, Kane, McHenry, Cook and Will counties had average tax bills higher than 93% to 99% of the counties in the study.

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Bremen Township Assessment Notices Mailed

Bremen township imageAssessment notices were mailed by the Cook County Assessor’s office to Bremen Township property owners on Wednesday, April 25th. If you own property in Bremen Township you have 30 days to appeal your assessment at the Assessor’s office until the deadline of May 25th.

We recommend you review your assessment annually and appeal at the Assessor’s office and the Board of Review whenever you have a strong basis for an appeal argument. This is the best way to ensure you never pay more than your fair share in property taxes. Others also recommend this approach.
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Rogers Park Triennial Reassessment Notices Mailed

Cook County Property Tax AppealThe Cook County Assessor’s office mailed 2018 reassessment notices to Rogers Park property owners on Monday, April 23rd. Valuation statistics from the Assessor’s office are located here. If you own property in Rogers Park you have 30 days to appeal your assessment at the Assessor’s office and will have a second opportunity later in the year at the Board of Review. The deadline for appealing at the Assessor’s office is May 23rd.

In order to ensure that you do not pay more than your fair share in property taxes we recommend you review your assessment annually and appeal whenever there is a strong case to be made (others also make this recommendation). Successfully appealing your assessed value in a reassessment year may provide 3 years of savings on your future property tax bills.
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When It Comes to Tax Appeals, Numbers Are Better Than Letters

Cook County Property Tax AppealsIf you didn’t know it already, property tax season announces itself with a mailbox full of solicitations offering to help you appeal your assessment.

The pitches are similar, with lots of exclamation point-punctuated promises of the hypothetical savings you may see!

But here’s what you may not know: if you live in one of the city of Chicago townships and have received one of these letters it is impossible that a factual analysis with current data has been conducted because the city township reassessment data has not been released yet.
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Maine Township Assessment Notices Mailed

MaineThe Cook County Assessor’s Office mailed 2018 assessment notices to Maine Township property owners on Friday, April 20th. The 30 day window to appeal your assessed value in Maine Township is now open through the deadline of May 21st.

We recommend you review your assessment each year and appeal whenever there is a strong case to be made. This is the only way to ensure that you do not pay more than your fair share in property taxes (and we are not the only ones making this recommendation).
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Assessment Notices Mailed to Cicero Township

town_of_cicero_sealAssessment notices were mailed by the Cook County Assessor’s Office to Cicero Township property owners on Tuesday, April 17th. The window to appeal your assessment in Cicero is now open through the deadline of May 17th. A second opportunity to appeal at the Board of Review will open up later this year.

The housing market is regularly changing, therefore even if you appealed and won last year, we recommend you review your assessment again. Appealing once, every three years at your reassessment, may be an expensive mistake. Reviewing your assessment annually, and appealing whenever there is a case to be made, is the best way to ensure you don’t pay more than your fair share in property taxes. We are not the only ones who recommend appealing twice per year, every year.
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