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Have "comparable" mansion sale prices dropped so much in President Barack Obama's Hyde Park neighborhoood that his property tax increase is eight per cent less than the average Chicagoan's? Why does it pay for the wealthy to appeal property taxes, while the poor generally don't.
Property Taxes Soar 9% for Chicagoans, 1% for Obama
suntimes.com - 3 weeks ago - 171 views
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Organizations: Cook County Board
Companies: CHICAGO SUN TIMES | CHICAGO SUN-TIMES
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There's no mystery to property tax appeals, fellow Windy Citizens. It's good exercise to find lower assessed, comparable properties in your neightborhood on the Cook County Assessors Internet web site & then walk over to take a digital image of the home for inclusion on your written appeal.
The attorney preferential process may have intimidated many modest means homeowners, but those who have appealed may be pleasantly surprised to compare it to a speed dating episode when presenting property tax appeals to the Cook County Board of Review's administrative hearing officers.
Send Qstrian an e-mail if you require assistance on a fee-for-service basis.
The article states that for the last two years Obama has opted out of the 7% exception that is being phased out, so it's not that surprising that his taxes aren't being raised as much. The section comparing cook county politicians' tax increases is quite fun, though. Alderman Moore must have a nice house.
Excellent observation, Cshess87!
Holy cow, Cmsr. Joseph Mario Moreno is paying more than $13,000 more this year, that is insane!
I appealed on my own and was denied. In fact, everyone I know that attempted an non-attorney assisted appeal was denied even though in my condo building direct comparables were available (identical units one and two floors below) and provided.
Wonder what the percentage is of individuals being flat out denied while those who pay the attorney-brother of some city official get theirs adjusted?
Good attorneys know the law, while great attorneys know the judge!
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