Skip to main content


Cook County Homeowners - be prepared to put some of that gift-giving money aside.... those property tax bills that were supposed to be mailed out back on August 1st are heading towards your mailbox on Wednesday and   will be and payble by December 13th.


Fargo said…
We just got our bill today. The total for this year is a $92 increase from last year - not earth shattering.
Taxes are computed using three principal variables. A given property's assessed valuation, the local tax rate, and the state equalization factor (the "multiplier").

In Chicago, that tax rate went down about two tenths of one percent, but the multiplier increased by 13%.

In order that any given tax bill to stay constant or increase only moderately. the properties' assessed valuation must have gone down. By and large, a good many Chicago homeowners did see reduced assessed valuations and they should - like you - see little or no change to their bills this year.

I am in the process of reviewing several tax bills for clients who bought and sold this year. Some have decreased fairly substantially. Others, sad to say, have gone up severely. At least one unfortunate river north condo complex is suffering a 33% increase!.

I suppose that is at least one "positive" in declining property values.
Anonymous said…
My assessed value went down, but my property taxes for this year went up by a little over 30%. It looks like it is because the homeowner exemption I received decreased by $700 or so. Why would that happen?
Sorry A., not enough factual information in your question for me to be able to give you a meaningful answer.

the state multiplier went up pretty substantially so that contributed to your tax increase. also, the method that the county used to compute the size of homeowners exemptions changed this year and perhaps that had some impact too.

on a personal level, i am sorry to hear that your taxes went up so high. as a county resident, i guess i want to thank you for helping to help fund the government and keep our communities as livable as they are.

Popular posts from this blog

The Equifax data breach and you — 6 steps to take now

Identity thieves hit a major credit reporting agency—hard. Millions of consumers’ confidential identity information has been compromised.

Equifax, one of the big three credit reporting agencies announced that a massive security breach took place earlier this year. Offenders accessed data sets of 143 million US consumers.

What to do when drones fly near your home

Imagine a quiet evening on the deck of your new home when—out of nowhere—a noisy drone begins hovering around your property, almost certainly snapping photos or video. It’s like Space Invaders meets Gladys Kravitz. So what do you do?

Help! My Neighbor’s Old Tree is Growing Over my Roof

Let’s say about 100 years ago, a family planted an oak tree on the edge of their property. Over generations it’s grown into a magnificent tree that provides summer shade, autumn color and a swing for the neighborhood kids. You probably even liked the tree when you bought the house next door to it.

But today, its root system is invading your basement, its acorns bombard your yard and its huge limbs loom threateningly over your roof. By law, can you cut it down? Trim it? Turn it into a boat?