Real Estate Tax Appeals
For Illinois homeowners, property taxes are unavoidable. If you own property in the state of Illinois, you must pay taxes on that residential, commercial or industrial property.
However, an official property tax assessment isn't always a reasonable one. At Reveliotis Law, our team of highly experienced real estate attorneys and professionals are here to help.
We understand how Illinois assesses property taxes, and we work with property owners to help them obtain the best possible results for their real estate matters.
How the State of Illinois Assesses Property Taxes
In Illinois, the taxable value of your property and the local tax rate determine your property taxes. While you cannot directly change the tax rate, you can appeal the county’s determination of your property’s value. An assessor considers many factors when calculating a “fair cash value” of a property. These factors include improvements to the property, the property’s classification and its purchase price. An error in any of these items could lead to an unfair property tax assessment. Over time, even a small mistake can cost you thousands of dollars in property taxes. By filing a property tax appeal and obtaining an accurate assessment of your property, Reveliotis Law might be able to save you a substantial amount of money. Contact our firm at (312) 239-6430 to schedule a free initial consultation, or to learn more about property tax assessment. We represent clients in Cook County and the Collar Counties.
Dedicated to Real Estate Law
Real estate is a complex area of law that requires an understanding of interconnected fields such as tax, mortgages and litigation. At Reveliotis Law, our practice focuses exclusively on real estate law. Our attorneys and professionals work daily to help clients throughout the Chicagoland area fight unfair property tax bills and related complicated real estate matters.
Our Park Ridge real estate attorneys represent commercial, industrial and residential property owners in a variety of real estate matters, including property tax appeals. For many property owners, a property tax appeal may become necessary if their taxes rise sharply. Others may appeal their taxes after purchasing a new property and noticing that their property taxes are not in line with those paid by neighboring property owners. Our attorneys offer thoughtful advice geared to the needs and goals of our clients. We understand that the best outcome may not always involve going to court or going before a hearing board, but we are always willing to advocate aggressively for our clients’ rights. In addition to individual homeowners, our firm regularly represents manufacturers, condominium associations, restaurants, banquet facilities and other industrial and commercial property owners. Some of our clients in these industries include:
- American Gasket Technologies
- CITGO and Marathon gas stations
- National Association of Realtors
- Chicagoland Management & Realty, Inc.
- Skylite West Banquets
Work With Park Ridge Real Estate Attorneys for Your Property Tax Appeal
At Reveliotis Law, we believe that all property owners have the right to accurate property assessments and fair and reasonable property tax bills. Our Park Ridge real estate attorneys have more than 25 years of combined experience helping clients with their real estate needs, including property tax appeals. Contact us today at [email] or by calling (312) 239-6430 or (800) 584-2130 to arrange a free initial consultation.