Oak Park Property Assessment Notices Mailed

Oak ParkThe Cook County Assessor’s office has mailed 2018 assessment notices to Oak Park homeowners. Property owners have 30 days to appeal their assessment, through the Assessor’s office, up to the deadline of Monday, April 2nd.

Whether you successfully appealed your Oak Park property last year or not we recommend you review your assessed value every year to ensure you never pay more than your fair share in property taxes. The housing market changes monthly, and therefore reviewing your assessment annually, and appealing when there is an argument to be made, is very important (county officials also recommend this).
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Property Tax Exemption Deadline Approaching for Some Cook County Homeowners

Exemption Deadlines for Some Cook County Homeowners ApproachingEligible Cook County homeowners who did not receive the Homeowner Exemption in 2018 need to file an application for exemption with the Cook County Assessor’s Office by March 6.

The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a primary residence by $10,000. Your property tax bill is calculated by multiplying the tax rate in your local district by the EAV. The Homeowner Exemption is available to anyone who owns or leases their principal place of residence in Cook County and is responsible for the property taxes.

The exemption renews automatically so it is not necessary to reapply if you are still living in the same home where you received the exemption last year.
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Cook County Homeowners Risk Paying Too Much in Property Taxes When They Don’t Appeal

Cook County Homeowners Risk Paying Too Much in Property Taxes When They Don't AppealThe least favorite piece of mail Cook County homeowners receive hit their mailboxes last month: the dreaded property tax bill.

It requires payment by March 1 of a sum equal to 55% of last year’s taxes. And it’s only the first tax installment. The second, in July, will reflect last year’s big tax increases and those planned this year for Cook County and Chicago.

“Ironically, these tax bills serve as a reminder that you should always appeal your taxes, but by the time you receive the bill it is often too late to appeal for that year,” said Frank Dal Bello, CEO of Kensington Research and Recovery, the Chicago-based, Cook County property tax appeal and refund recovery consultants.

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Assessor Mails 2017 Oak Park Reassessment Notices

Triennial reassessment notices were mailed on March 1st for Oak Park Township. The opportunity to appeal your assessment at the Assessor’s office is now open. The deadline to appeal is Monday, April 3rd.Cook County Property Tax Freeze

There are 38 townships in Cook County and they are divided into three groups for the purposes of reassessment within a triennial cycle. Oak Park Township is part of the south suburban triennial group which is being reassessed in 2017. Valuation statistics for Oak Park Township are located here.

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Assessment Notices Mailed to Berwyn Township

Berwyn Township2018 assessment notices were mailed to Berwyn Township property owners today. The Cook County Assessor’s 30 day window for homeowners to appeal their assessment will be open until the closing date of Monday, April 2nd.

Berwyn Township was reassessed in 2017. Whether you successfully appealed your assessment last year or not we recommend you review your property’s assessment every year to ensure you never pay more than your fair share in property taxes. The housing market is constantly changing and therefore reviewing your assessment annually, and appealing when there is an argument to be made, is really important (we are not the only ones recommending this).
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Oak Park Township 2020 Triennial Reassessments Mailed

Oak Park2020 Triennial reassessment notices were mailed to Oak Park Township homeowners on Thursday, February 27th. Homeowners in Oak Park Township have 40 days to appeal their assessment at the Assessor’s office (there will be a second opportunity to appeal later in the year at the Board of Review, whether you appeal at the Assessor’s office or not). The deadline for appealing at the Assessor’s office is April 7th.

We recommend homeowners review their assessment annually, particularly in a triennial reassessment year, to ensure they do not pay more than their fair share in property taxes. Successfully appealing in a reassessment year may provide 3 years of savings on future property tax bills. If you would like a free analysis of your Oak Park Township home, in comparison to similar properties, we would be happy to conduct a “no obligation” analysis and provide you with a free estimate of how much we believe we could help you save with an appeal.
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Cook County Property Tax Outlook for 2019

Cook County Property Tax Outlook 2019Will your property taxes go up or down this year? Who will get hit the hardest? Who might get off easy?

Here’s our current outlook for Cook County property taxes in 2019, based on budget conditions and 20 years of experience in the property tax arena.

Last Year of Rahm’s Tax Hikes

2019 is the last year of Rahm Emanuel’s $588 million property tax increase with a $63 million increase coming due. This is $10 million higher than last year’s increase but less than the increases of $363 million in 2016 and $109 million in 2017 – however, it’s all additive.

The North Will Be Re-Assessed & See Big Increases

Starting with Norwood Park in late February and Evanston in mid-March, all Cook County North townships will be re-assessed this year. View our 2019 property tax deadline calendar to see when you can appeal in your township.
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Berwyn Township 2019 Assessment Notices Mailed

Berwyn Township2019 assessment notices were mailed by the Cook County Assessor’s office on Tuesday, February 26th to Berwyn Township property owners. The one month window to appeal your 2019 assessed value is now open until the deadline of Wednesday, March 27th.

We believe homeowners should review their assessments annually and appeal each year if and when there is a strong argument that their home may not be assessed fairly. Berwyn is scheduled to be reassessed in 2020. However, if you feel that your assessment is not fair there is no need to wait to appeal, you have the option to appeal every year at the Assessor’s office and at the Board of Review. If you’d like a second opinion on your assessed value as it compares to other similar homes contact us for a free, no obligation, analysis of your property.
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Rogers Park Township 2020 Assessment Notices Mailed

Rogers Park2020 property assessment notices were mailed by the Cook County Assessor’s office on Monday, February 24, 2020 to Rogers Park Township property owners. The following cities, towns, and villages are in Rogers Park Township: East Rogers Park and West Rogers Park. The window to appeal your 2020 assessed value is now open until the deadline of May 1st.

We suggest property owners review their assessments annually and appeal whenever there is a strong evidence based argument that your home may not be assessed fairly. Rogers Park Township’s next triennial reassessment is scheduled for 2021. However, if you feel that your assessment is not fair there is no need to wait to appeal, property owners have the right to appeal every year at the Assessor’s office and at the Board of Review. If you’d like a professional opinion on your home’s assessed value as it compares to similar properties in your neighborhood contact us for a free, no obligation, review and analysis of your home.
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