Late last year a federal judge ruled that the tax sale system used by Cook County is unconstitutional, violating both the Fifth Amendment and Eighth Amendment. Cook County conducts an annual sale for properties with delinquent or unpaid property taxes, […]
Yesterday the Illinois Department of Revenue released the final 2024 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2024 is 3.0355. The tentative factor released earlier this month was 2.8487. The press release from the […]
We are delighted and proud to inform you that the Illinois Institute of Continuing Legal Education (IICLE) has just released an updated edition of a property tax publication by Franczek partners Ares Dalianis and Scott Metcalf in its 2024 Edition […]
On May 23, 2024, the Illinois Supreme Court issued a highly anticipated ruling on whether a taxpayer is required to pay its property tax bill before pursuing an appeal at the Property Tax Appeal Board (PTAB). In Shawnee Community Unit […]
Franczek P.C. is pleased to announce that partner Jennifer Dunn has been recognized as a Notable Leader in Employment and Labor Law by Crain’s Chicago Business. Crain’s is honoring 40 Employment and Labor attorneys for their demonstrated legal skills; dedication to their clients; and […]
Last month, in the case Carle Foundation v. Dept. of Revenue, the Fourth District Court of Appeals issued its latest decision regarding hospital property tax exemptions. The Court upheld a trial court judgment awarding the Carle Foundation Hospital system charitable […]
Today the Illinois Department of Revenue released the 2022 Cook County equalization factor. The 2022 factor (sometimes referred to as the multiplier) is 2.9237. The tentative factor released in June was 2.7230, so the final factor is 7% higher than […]
On Tuesday, the Illinois Department of Revenue released the final 2021 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2021 is 3.0027. The tentative factor released in June was 2.7297 so the final factor represents […]
