The Cook County Property Tax (PTAX) Reform Group, in collaboration with Josh Myers Valuation Solutions, has released a comprehensive study on commercial property valuation practices in Cook County. The study focused on the processes, practices and outcomes of commercial valuation by both the Cook County Assessor’s Office (CCAO) and the[Read More…]
Tag: Cook County taxes
County assessor makes property tax simulator available
More than $180 billion in property taxes collected from every property in Cook County can now be analyzed with software code created by the Cook County Assessor’s Office. The Property Tax Simulator, or PTAXSIM, is a software code package implemented in the coding language R and designed to recalculate changes to[Read More…]
Homeowners: Are you missing exemptions on your property tax bill? (free content)
As homeowners in Cook County receive their 2020 second installment tax bills in the mail Assessor Fritz Kaegi is encouraging people to look at the bottom left corner to ensure that the correct exemption(s) are applied. If a homeowner believes they are entitled to an exemption that is not reflected[Read More…]
Virtual seminars offer insights on Cook County property reassessment appeals
Homeowners in the South Suburbs unhappy with their proposed property reassessments can learn how to file appeals with the Cook County Assessor’s Office through virtual town hall appeal seminars. Cook County Assessor Fritz Kaegi said the appeal seminars will help south suburban property owners understand and appeal their reassessment values.[Read More…]
Empty businesses may lose county tax incentives
If within two years business properties are not leased, sold or developed, Cook County can take action to revoke the tax incentives. The Cook County Board of Commissioners unanimously passed an ordinance amendment on April 25 that was sponsored by 6th District Commissioner Donna Miller. The measure will amend[Read More…]
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