Powerpoint from the Property Tax Appeals Workshop.

1. Welcome to
the Cook
County
Board of
Review
Property
Tax Appeal
Forum
WITH
COMMISSIONER LARRY ROGERS JR.

2. Education is the Key
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3. Why Should you Appeal?
 Property Assessment is Too High
 Recently Purchased Property
 Recently Completed Appraisal
 Property is Currently Vacant
 Property Sustained Flood/Water/ Fire Damage
 Property has been Demolished
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4. We Are Here
To Help!
 Assist you with filing the
proper paperwork.
 Look up comparable
properties for you.
 Analyze sales data in your
area.
 Review documentation you
submit.
 Help you understand
important information found
on your tax bill
 Educate you on other appeal
opportunities.
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5. Where Do I Start?
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6. What Is The
Process?

7. Cook County
Assessors
Office
 Appeal
 Exemptions
 Certificate of Error
 www.cookcountyassessor.com
 312-443-7550
 Contact your Township Assessor
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8. How to Calculate your Tax Bill
 $250,000 Estimated Market Value
 x.10 Assessment Level (10%)
 __________
 $25,000 Proposed Assessed Valuation
 X 2.9160 State Equalizer (Changes Annually)
 __________
 $72,900 Equalized Assessed Value
 -$10,000 Homeowner Exemption (Increase from 7,000)
 ________
 $62,900 Adjusted Equalized Assessed Value
 X .10 Sample Tax Rate (Your Tax Rate Will Vary)
 ________
 $ 6,290 Estimated Tax Bill in dollars
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9. Average Tax Rates
in Cook County
 Highest Tax Rates
 Park Forest- 35.748%
 Ford Heights- 32.034%
 Riverdale- 31.873%
 Lowest Tax Rates
 Burr Ridge- 7.111%
 Barrington- 7.234%
 Glenview 7.251%
 Chicago- 6.890%
 **Find your tax rate**
 www.cookcountyclerk.com
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10. Average Tax
Rate
in
Chicago
2019 – 6.890%
2018 – 6.786%
2017 – 7.260%

11. Always Check Your Tax Bill

12. Do You Have All Your
Exemptions?
 Homeowners Exemption
 Senior Exemption
 Senior Freeze
 Returning Veterans
 Disabled Person Exemption
 Disabled Veteran
Exemption
 Contact the Assessor’s
Office for more information
 312-443-7550
 www.cookcountyassessor.com
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CC BY

13. Evidence Used to Support a
Residential Appeal
 Comparable Properties (Uniformity) - properties
that are similar in square footage, age,
classification, and location.
 Comparable Sales (Market Approach)- recent
sales that have occurred in the past 3 years.
 Dated Photos-to prove vacancy, flood or fire
damage to the property.
 For comparable properties please provide the
Property Index Number (PIN).

14. Appealing Commercial
Property
 If the commercial property is NOT in
the property owner’s name, per Board
Rule 1, you will need an attorney to
file on your behalf.
 Owner Occupied Property- Appraisal
needed that has been completed in the
past 3 years.
 Leased Property- Rent Roll, Lease
agreements, 3 years of IRS Schedule
E’s, pictures of the property, and/or
Vacancy Affidavit.
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15. Condominium
Appeals
 Condo appeals are based on sales that have
occurred in the subject’s building.
 Sales that have occurred in the past three years
are the best reflection of the market.
 Each residential and parking unit have a
percentage of ownership assigned by the Condo
Declaration.
 An appraisal can be submitted, if there is limited
sales data.
 In Condo buildings with 4 units or less, a
uniformity analysis may be used.
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16. Townships
Currently
Closed
July 30th –
August 28th
Riverside
River Forest
Oak Park

17. Things You Should
Know
 Open Filing at the Board of Review begins in July.
 Each township is open for a 30-day period.
 Once that time has passed, the Board will no longer accept
appeals.
 It takes 6-8 weeks to process your appeal.
 We will NOT raise your assessment.
 Any change the Board makes will be reflected on your 2nd
Installment Tax Bill.

18. Completing
the Form
Properly

19. Filing Online is Simple!
www.cookcountyboardofreview.com

20. Don’t Forget to
Set Up an
Account

21. Do You Like to Text?
Text Us @ 474747
 Commissioner Rogers is dedicated to using all forms of communication to make
the tax appeal process seamless.
 Text FILE to 474747
to file an appeal by phone.
 Text EZJOIN to 474747
to receive Board of Review updates
and upcoming events.

22. Questions?
Contact Us!
Call us at
312-603-5540
Email us at
bordistrict3@info.cookcountyil.gov
Reset Password
312-603-5542
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