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 312-230-0160 to schedule a free initial consultation, or to learn more about property tax assessment. We represent clients in Cook County and the Collar Counties.
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 reveliotislaw@propertytaxation.com to arrange a free initial consultation.
