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Monday, April 14, 2025
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property

Chicago

Chicago office vacancies continue to increase

Glenn Minnis | The Center Square -
“It's certainly bad news for taxpayers because as these property values go down in the big office properties, that means the property tax bills are going to grow higher for residential,” Dabrowski told The Center Square as the vacancy rates are up nearly 14% since the start of the COVID-19 pandemic. #office
Community

Cook County Board of Review Commissioner George Cardenas Debuts Dashboard Outlining Cook County Board of Review Appellants’ Property Values and Results in His District

Silence DoGood -
"The goal for our dashboard is to continue making the results of our work more accessible to the public,” said Cook County Board of Review Commissioner George Cardenas.
Business

Record Number of Property Tax Appeals Filed for 2024 Tax Year

Silence DoGood -
The unprecedented volume of 273,907 property tax appeals filed with CCBOR for tax year 2024 has presented the biggest challenge in the agency’s history—a challenge it continues to meet, as more than half the appeals have already been finalized. #tax
Community

Lindop 92: Broadview Residents to Get $391,530 in Property Tax Relief

Silence DoGood -
Lindop 92 is one of only 35 of Illinois school districts to be awarded a Property Tax Relief Grant from the Illinois State Board of Education. The grant program is part of the Evidence-Based Funding for Student Success Act. #taxrelief
Community

National School Developer Fortec Sells Redeveloped Barrington, Illinois, Property for $4.94 Million

Silence DoGood -
“This milestone caps off a remarkable 2024 for Fortec and propels our commitment to developing purpose-built educational facilities that drive community growth and transformation nationwide.” #redevelopement
Community

New analysis finds commercial property appeals often underestimate market value

Silence DoGood -
As part of this process, commercial property owners frequently contract with third-party firms to perform appraisals that serve as appeals evidence. #analysis
Community

Veterans Reminded to Check for Property Tax Savings

Silence DoGood -
"Today, we honor the sacrifice and service of millions of American veterans throughout our nation’s history,” said Assessor Kaegi. #veterans

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