Schaumburg Township 2020 Assessment Notices Mailed

Happy homeowners 22020 property assessment notices were mailed by the Cook County Assessor’s office on Wednesday, July 29th 2020, to Schaumburg Township property owners. The following cities, towns, and villages are in Schaumburg Township: Elk Grove Village, Hanover Park, Hoffman Estates, Roselle, Schaumburg, and Streamwood. The window to appeal your 2020 assessed value is now open until the deadline of September 1st.

We recommend property owners review their assessments annually and appeal whenever there is a strong evidence based argument that your home may not be assessed fairly. Schaumburg Township was reassessed in 2019 but even if you appealed last year you may appeal your assessment again this year. A successful appeal in 2020 may result in two years of savings, until Schaumburg is reassessed in 2022. The best way to ensure you never pay more than your fair share in property taxes is to review your assessment every year and appeal whenever you have a strong basis for an appeal argument, no matter where your township is at in the triennial reassessment cycle.

Property values in the Chicagoland area do not stay the same every year. They change frequently, as ownership changes, as properties are remodeled, and as new homes are constructed. Don’t make the mistake of only appealing during your property’s reassessment year.

If you contact us by the September 1st deadline we would be happy to review your home’s assessment against the current values of nearby comparable properties and provide our professional opinion on whether or not an appeal makes sense this year.

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