Cook County Triennial Reassessment Notice Calculator
Before you use the REASSESSMENT 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. *** UPDATE: When you hit the CALCULATE INCREASE button below it will show a dollar amount and TOTAL SAVINGS because this is the same tool we use for the CALCULATE MY WIN Savings page) this dollar amount is NOT SAVINGS its how much you are being INCREASED "per year" and it will stick three years unless you start FIGHTING IT. This increase is on top of what you are already paying! TIP: If they are screwing you, they are most likely screwing the neighbor too. You should give them the heads up, anyone in the same Township as they have whacked all of you with new property tax values!
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. Tell friends or family nearby to look up their house on the Cook County Assessor's Website, scroll down CLICK ON ASSESSED VALUE and it EXPANDS to show NEW tax values next to the previous year. 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 your appeal DEADLINE!
2024 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!
2025 ALL NORTH OF THE CITY OF CHICAGO GET HIT!
Every $10,000 Value = Appx $300 in taxes.
2026 ALL SOUTH OF THE CITY OF CHICAGO GET HIT!
Every $10,000 Value = Appx $400 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!
Here is our YouTube video on how to use the CALCULATOR below. https://youtu.be/S8qQl6msnfk
***Tax Rates, State Equalizer and Exemption Values change each EVERY year on the 2nd Installment tax bill. Your savings is calculated using the most recent values available. Therefore, actual dollar amount may vary.***
AGAIN AFTER YOU CLICK CACLULATE MY INCREASE the result will show SAVINGS, it is NOT SAVINGS it is the AMOUNT YOU ARE BEING INCREASED per year. Basically the WIN CALCULATOR and the INCREASE CALCULATOR do the same job convert a difference in Assessed Value into dollars. Your PIN is needed to grab the tax rate from your area for best possible estimate.
