Where Chicago Property Tax Assessments Expected to Go up 28-48%

Chicago Property Tax Hike

By this time, who hasn’t heard about Rahm Emanuel’s $588 million property tax hike?

It seems that everyone in the city is bracing for this to be reflected in our next property tax bills. Details are now emerging as to which areas will be affected more than others – see below for how this affects your neighborhood.

The good news: there is a way for you to fight back against Rahm’s property tax increase…

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Last Chance to Appeal Your Cook County Property Taxes for 2015

Cook County Property Tax Appeal

Give yourself a holiday gift in the form of a property tax reduction that can amount to hundreds or thousands per year, every year.

You still have time to appeal your property tax assessment if you live in one of the Cook County townships listed below – even if you’ve already appealed at the Cook County Assessor’s Office. However, the Board of Review windows are about to close for good for 2015.

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Commercial Property Tax Reductions for Recent Purchases

Commercial Steel Processor Success Story

You’ve just purchased commercial real estate: congratulations. This blog post explains how you can reduce your property tax payment in the first year (twice) and every year thereafter, often by $5,000 to $15,000 or more annually.

How Commercial Property Tax Reductions Work

If the sales price of your new property is lower than its assessed value, we can make a compelling case for a commercial property tax reduction. We have the sales data and assessed values for all commercial properties sold in Cook County, and we can quickly identify if we can make a successful sales argument with our proprietary property tax reduction algorithm.

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Chicago Property Taxes: Homeowner Double Whammy

Cook County Property Tax Double Whammy

Crain’s recently covered how Rahm Emmanuel’s $588 million property tax hike, which passed the Chicago City Council on October 28, is a double whammy for commercial property owners because it comes at a time when property values are rising and Cook County is re-assessing.

The same holds true for Chicago homeowners because of rising home values and all city of Chicago townships are being re-assessed this year.

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Board of Review Announces 6 More Townships will open for 2015 Property Tax Appeals

Cook County Property Tax Appeal

The Cook County Board of Review has announced that 6 more townships will open on 11/9/15 for 2015 property tax appeals. The deadline to file a complaint is 12/8/15 for the following townships:

  • Hyde Park
  • Leyden
  • Orland
  • Proviso
  • Wheeling
  • Worth

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Kensington Gives Back with a Side of Inspiration

Inspiration Cafe Kitchen

At Kensington Research & Recovery, our business is helping clients reclaim money that is rightfully due them. From receiving government refunds to appealing property taxes, we take great pride in helping our clients. At the end of the day, helping to make someone’s life better is what we find so personally gratifying.

That feeling doesn’t stop at the office door. We believe in doing the right thing and seek out opportunities to give back to our community.
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3 Common Property Tax Appeal Misconceptions

Common Property Tax Appeal Misconceptions

Since we were founded in 1999, we’ve heard many concerns and misconceptions about appealing your property taxes. Let’s set the record straight:

“Why Bother?”

While many people feel it’s a waste of time to appeal their taxes because they don’t understand the system, or they think it won’t have an impact, over 65% of Cook County homeowners that appeal their property taxes see a property tax reduction at the Board of Reviewas reported by Chicago Lawyer. You can also appeal with the County Assessor earlier in the year.
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