Cook County Triennial Reassessment Calculator
Before you use the INCREASE CALCULATOR below, read ALL of this!
***Sorry this tool does NOT work with CONDOS but there's some "Good to Know Ratios" below that will help you get a rough estimate of your increase. ***
For the rest of you, a friend probably told you to come here or maybe you received a Notice of Proposed Assessed Value in the mail showing a much HIGHER property tax value! The problem is most don't see that notice, it often goes to their mortgage company if the property taxes are paid by the bank or in escrow. They toss it, they don't care. They will just SKYROCKET the mortgage Most people who see it, don't even know what it means. It means the Cook County Assessor's Office has rolled out a NEW PROPERTY TAX VALUE that will STICK FOR 3 YEARS UNLESS YOU FIGHT IT WITHIN 30 DAYS. Our INCREASE CACLULATOR will help you see what the NEW TAX VALUE means in PROPERTY TAX DOLLARS! Please SHARE this helpful tool on Facebook, in your GROUPS and especially before DEADLINES!
2021 ALL CITY OF CHICAGO GETS HIT WITH NEW PROPERTY TAX VALUES!
Good to Know Ratio: EVERY $10,000 in Tax Value = Appx $200 in Chicago!
2022 ALL NORTH OF THE CITY OF CHICAGO GET HIT!
Every $10,000 Value = Appx $300 in taxes.
2023 ALL SOUTH OF THE CITY OF CHICAGO GET HIT!
Every $10,000 Value = Appx $300 in taxes.
TIP: For those who get EXTREME INCREASES of $100,000 or more you can add a ZERO to both sides of the Good Know Ratio! Example $100,000 in CHICAGO = Appx $2,000 in taxes!
Please watch our YouTube video https://youtu.be/S8qQl6msnfk on how to use the CALCULATOR BELOW.
***Tax Rates, State Equalizer and Exemption Values change each EVERY year on the 2nd Installment tax bill. Your savings was calculated using the most recent values available. Therefore, actual dollar amount may vary.***
