Tag Archives: cook county

Even Celebrities & CEOs Struggle with Escalating Property Taxes

Even Celebrities & CEOs Struggle with Escalating Property TaxesAre you still recovering from receiving the second installment of your Cook County property tax bill? If so, you’re not alone.

Even celebrities and business executives are struggling with their property tax bills, some of which have increased well over 100%.

They may be able to pay, but everyone is feeling the pain. Consider the examples below and remember: the only way to reduce your property taxes is to appeal them.
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Cook County Assessor’s Office Opens Bloom and Niles for 2016 Property Tax Appeals

The Cook County Assessor’s Office has announced that assessment notices were mailed on September 6, 2016, for Bloom and Niles Townships.Cook County Property Tax Appeal

The deadline to file a 2016 property tax appeal at the Cook County Assessor’s Office is October 6, 2016.

Niles Township was reassessed in 2016 and valuation statistics can be found here.

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How Appealing Your Property Taxes Improves Your Home’s Salability

Chicago Property Taxes: Total Cost of Home OwnershipTime was when Chicagoland homebuyers could expect to pay 2-2.5% of their home’s purchase price in property taxes. Today, that figure is close to 4%, emphasized a July 26 article posted on The Woodstock Independent.

“People used to say, ‘How much is this house?’ Now their first question is ‘What are the taxes?'” Woodstock real estate agent Rick Bellairs is quoted as saying in the article.
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Cook County Assessor’s Office Opens Schaumburg Township for 2016 Property Tax Appeals

The Cook County Assessor’s Office has announced that assessment notices were mailed on August 19, 2016, for Schaumburg Township.Cook County Property Tax Appeal

The deadline to file a 2016 property tax appeal at the Cook County Assessor’s Office is September 19, 2016.

Schaumburg Township valuation statistics can be found here.

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Kensington Volunteers at the Inspiration Cafe

Inspiration Cafe & Kensington Team 2016Last month, the Kensington Research & Recovery team took a break from reducing property taxes for our Cook County homeowners to volunteer at the Inspiration Café in Chicago’s Uptown neighborhood.

This was our third year in a row and it was just as rewarding as in previous years.

An Inspiration

The Inspiration Café is located at 4554 N. Broadway. Administered by the Inspiration Corporation, the café is one of many services offered to the homeless. The Café provides meals to its programs’ participants, treating them with dignity and respect, while they order from a menu and enjoy their meal in a clean, inviting setting.
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Property Tax Deadline a Reminder of the Need to Appeal

Cook County Property Tax SurpriseThe deadline for Cook County homeowners to pay the second installment of their 2015 property taxes has now passed. Anyone who failed to meet the Aug. 1 deadline will need to pay a 1.5% interest penalty, assessed each month of the delinquency.

Worse: your tax liens can be sold to investors during the county treasurer’s annual tax sale, after you receive a formal written warning. The individuals and organizations that buy tax liens frequently receive high interest rates on the taxes that they buy—as much as 36% a year. If you don’t pay off the lien by the end of the redemption period, the tax buyer can acquire legal title to your property.
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Cook County Board of Review Opens 2016 Appeal Session

The Cook County Board of Review has opened the 2016 appeal session for the first group of townships. The deadline to file a complaint is 8/30/16. Below are the townships that are currently open:Cook County Property Tax Appeal

  • Barrington
  • Cicero
  • Evanston
  • New Trier
  • Oak Park
  • River Forest
  • Riverside
  • Rogers Park

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