Triennial Reassessment Notices Mailed to Lake View
The 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.
The first step in a property tax appeal is to conduct a factual analysis of comparable properties. Expertise and experience can go a long way towards identifying the strongest comparable properties, which in turn can make a big difference in the amount of success you have with your appeal. Contact us before the June 7th deadline and we will run an analysis and provide you with a free, no-obligation, professional opinion on your assessed value by comparing your home’s assessment to others in your neighborhood.