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What is the Long-Time Homeowner Exemption?

A property assessment increase has to be significant enough to exceed the maximum amounts set by the state legislature. Savings from the Long-Time Homeowner Exemption would have to exceed the savings from the Standard Homeowner Exemption in order to qualify. To put this into perspective, of the 1.5 million residential properties in Cook County, approximately 11,000 properties qualified for this exemption last year. That is less than 2% of homeowners!

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How Are Properties Reassessed?

The Cook County Assessor will reassess your property for taxing purposes every three years. Chicago is scheduled for its reassessment in 2027.

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Breaking Down Your Property Tax Bill

Are you curious about where your tax dollars are going? Essentially, your tax dollars go towards services like police, jails, schools, streets, parks, community colleges, public hospitals, courts, mosquito abatement, sewage treatment, and much more.

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Rehabbing a Historic Property the Right Way Can Yield Property Tax Savings

Rehabbing a historic home can come with many headaches. There are the high costs associated with electrical rewiring, making foundation and structural repairs, reconfiguring plumbing, removing environmental toxins like asbestos, lead, radon, wood rot and mold.

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Relief for Seniors Struggling to Pay Property Taxes

Many senior citizens are having a difficult time paying their property taxes. Well, now they can take advantage of the Senior Citizen Real Estate Tax Deferral program administered by the Cook County Treasurer’s Office.

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Am I Due a Refund for my Property Taxes?

Are you wondering whether or not you are due a refund on your property taxes? More than $100 million in property tax refunds is owed to thousands of Cook County residents, according to Maria Pappas, and most have no idea they are due money.

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Why Has My Property Tax Bill Increased, Again?

According to the Office of the Cook County Clerk, there are four impactful factors that affect whether or not individual property tax bills will increase or decrease.

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