Hyde Park Triennial Reassessment Notices Mailed

Hyde Park triennial reassessment notices were mailed on Tuesday, June 19^th by the Cook County Assessor’s office. Hyde Park valuation statistics from the Assessor’s office can be found here. Homeowners in Hyde Park 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 Thursday, July 19^th.

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 your assessment is not in line with that of comparable homes 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 for your home 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 July 19^th deadline and we will run an analysis and provide you with a free, no-obligation, professional opinion on your assessed value by comparing your property’s assessment to others in your neighborhood.

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