Triennial Reassessment Notices Mailed to Lake Township
The Cook County Assessor’s office mailed triennial reassessment notices on Monday, July 30th to property owners in Lake Township. Lake Township valuation statistics from the Assessor’s office can be found here. Homeowners in Lake Township have one month 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 August 30th.
We suggest 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 think your assessment is not comparable with that of similar 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 level of success you achieve on your property tax appeal depends on the strength of your appeal argument.
The first step in appealing your home’s assessment 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. Reach out to us before the August 30th deadline and we will conduct 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.