Category Archives: Uncategorized

The 2023 first installment bills have issued and will be due on Friday, March 1, 2024.  If you have not received your first installment 2023 tax bill, you can go on the Cook County Treasurer’s website – www.cookcountytreasurer.com, click on Payment Details (purple box) and type in your Permanent Index Number and click “First Installment […]

Last Friday, in the case Arlington Heights Police Pension Fund v. Pritzker (2024 IL 129471), the Illinois Supreme Court upheld a 2019 statutory law which consolidated 649 individual pension funds into just two.  It was a unanimous decision by the Court allowing consolidation into two pension funds so as to more easily and at less […]

The Thompson Center was sold in the summer of 2022 for $105 million.  Since the subject property was owned by the State of Illinois prior to this sale, it was a property tax “exempt” entity, not subject to real estate taxation for tax years preceding the sale.  Once the property sold to a “non-exempt” joint […]

On December 8, 2023, Governor J.B. Pritzker signed into law Senate Bill 1988 which became law as Public Act 103-0583.  The legislation, which is taxpayer friendly, makes it mandatory for the County Assessor to accept tax appeals from Taxpayers for a period of not less than 30 business days from the later of: 1) the […]

2022 second installment tax bills were received in the mailboxes of Cook County property owners on November 1, 2023.  The second installment 2022 real estate taxes are due on December 1, 2023.  The north and northwest suburbs were reassessed in 2022 by Cook County Assessor Fritz Kaegi and the reassessment resulted in a $331 million […]

The second installment 2022 real estate tax bills are now available online.  Cook County property owners can access their second installment 2022 tax bills by going on www.cookcountytreasurer.com, selecting the blue box labeled “Pay Online for Free” and entering the Property Index Number (PIN) or the address. The Cook County Treasurer’s Office is planning to […]

The Illinois Department of Revenue announced a final 2022 Cook County Equalization Factor of 2.9237 on September 5, 2023.  This final 2022 Cook County Equalization Factor is 7.37% higher than the tentative 2022 Cook County Equalization Factor of 2.7230.  Every year, the Illinois Department of Revenue is legally required to calculate the equalization factor to […]

Cook County Board President Toni Preckwinkle has recently issued a statement that the second installment 2022 real estate tax bills will issue late again this year.  Board President Preckwinkle has stated that the second installment 2022 tax bills are expected to be released online and by mail by early November with a due date of […]

On May, 30, 2023, the Cook County Circuit Court, Law Division affirmed the Illinois Department of Revenue’s holding that the Woman’s Library Club of Glencoe is not entitled to a property tax exemption under 35 ILCS 200/15-65(b). In 2014, North Shore Exchange operated a donation and consignment retail shop for the purposes of donating 100% […]

The Illinois Property Tax Code provides three levels of assessment review to challenge taxpayers’ assessed fair market values and excessive real estate taxes.  A taxpayer can appeal to the Cook County Assessor’s Office (the first level of appeal), the Cook County Board of Review (the second level of appeal) and can choose a third and […]