What are the grounds for an assessment appeal?
A successful assessment appeal will reduce an individual property owner’s share of the local tax burden, resulting in a lower tax bill. There are two main types of appeals: 1. Lack of uniformity. The basic rule of property assessment is that similar properties should be assessed similarly. If there is a lack of uniformity, an appeal is appropriate. To substantiate such an appeal, it is necessary to find properties comparable to yours that have lower assessed valuations. The Township Assessor can help you find comparable properties quickly and easily. 2. Errors in property characteristics. Every residential property has a set of characteristics which determine the property’s assessed valuation. A copy of the characteristics file will be mailed with the notice of reassessment and can also be viewed on the Cook County Assessor’s web site. If there are mistakes in the characteristics file, an appeal to correct the mistake and possibly reduce your assessed valuation is appropriate. A wide r
