cook county real estate tax complaints: ARE YOUR COOK COUNTY, IL PROPERTY TAXES TOO HIGH? HOW DO YOU KNOW?
- 09/16/12 08:18 AM
If you live in Cook County, are your property taxes too high? Cook County has the largest population in the State of Illinois and includes the City of Chicago. Until recently, it has been difficult to determine your home's value based on it's tax assessed value. Cook County tax assessments on residental properties reflect 10% of market value. When the assessor values a home at $250,000, then your assessed value would be 25,000. The total Cook County assessment includes an amount for the land and an amount for the building. So in this example, the building would likely be assessed around … (0 comments)
If you live in Cook County, are your property taxes too high? Cook County has the largest population in the State of Illinois and includes the City of Chicago. Until recently, it has been difficult to determine your home's value based on it's tax assessed value.
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