Schedule an appointment | Cook County Assessor's Office (2024)

FAQs

Schedule an appointment | Cook County Assessor's Office? ›

Schedule an appointment here. Find assistance on our website and social media channels. Call us at (312) 443-7550 between 8:30 a.m. and 4:30 p.m. Email us below, response time is usually within one week.

Most senior homeowners are eligible for this exemption if they are 65 years of age or older (born in 1958 or prior) and own and occupy their property as their principal place of residence. Once this exemption is applied, the Assessor's Office automatically renews it for you each year.

Cook County follows a triennial reassessment cycle, meaning that a property is reassessed once every three years.

For residential property owners, the assessed value equals 10% of the fair market value of the home. For most commercial property owners, the assessed value is 25% of the fair market value. This level of assessed value is the taxable amount of the property, as determined by Cook County ordinance.

You may file up to 4 exemptions. These may include: homeowner residents, senior citizens, veterans, disabled veterans, those with disabilities, and home improvements. The remaining value (called the “Adjusted Equalized Assessed Value”) is multiplied by your local tax rate.

This money-saving exemption allows senior citizens who have a total household income of $65,000 or less and meet certain other qualifica- tions to elect to maintain the equalized assessed value (EAV) of their homes at the base year EAV and prevent any increase in that value due to inflation.

Property tax bills are divided into two annual installments. The First Installment, which is 55 percent of the previous year's total tax, is due March 1, 2024. By providing an early look at the bills, property owners can plan their finances or make payments before the end of the year.

The Cook County Assessor's Office uses mass appraisal to produce property values. Instead of appraising property one-by-one, mass appraisal looks to the real estate market to detect local trends in property values based on location and characteristics.

The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a property by $10,000.

The Village of Burr Ridge had the lowest residential effective tax rates of the 85 municipalities analyzed in both 2005 (1.30%) and 2019 (1.74%).

What months are Cook County taxes due? ›

The due date for Tax Year 2023 Second Installment is Thursday, August 1, 2024. The due date for Tax Year 2023 First Installment was Friday, March 1, 2024. The due date for Tax Year 2022 Second Installment was Friday, December 1, 2023. The due date for Tax Year 2022 First Installment was Monday, April 3, 2023.

The Cook County Treasurer sends property tax bills, collects property tax revenue, and distributes it to taxing districts to fund services (like schools).

How do I change my property taxes? You can get your property taxes lowered by proving that your house is worth less than the assessor says it is. In Cook County, you can appeal the value of your property with the Cook County Assessor. You can also appeal the value of your property to the Cook County Board of Review.

Lake County has the highest median property taxes paid at $8,040, according to 2021 data from the Tax Foundation, while Pulaski County near the Kentucky border has the lowest at $647.

Study: Illinois #2 state people are leaving

The main reasons cited for moving out of Illinois were work (26.10%) and retirement (21.40%), according to the survey. Surprisingly, "high cost of living" was reported as the least likely reason for residents leaving the state. Crime wasn't even mentioned.

The target population identified for the purposes of this Section are persons age 60 and older with an identified service need.

You will qualify for the property tax credit if: your principal residence during the year preceding the tax year at issue was in Illinois, and. you owned the residence, and. you paid property tax on your principal residence (excluding any applicable exemptions, late fees, and other charges).

Illinois has some of the highest average property and sales tax rates in the country. The state uses a flat income tax rate but doesn't tax retirement income or Social Security.