Commercial Property Tax Appeals: Case Study

Commercial Rental Property Owner

Commercial Property Tax Appeals

  • Location:
 Cook County, IL
  • Property Classification:
 Class Code 3-18
  • Property Description:
 Mixed use commercial / residential building with apartments and commercial area totaling 7+ units with over 20,000 square feet
  • Assessor Market Value (before appeal):
 $1,407,630
  • Market Value (after appeal):
 $747,670
  • Tax Savings (first year):
 $12,000

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