The Illinois Appellate Court recently reversed a decision of the Illinois Property Tax Appeal Board (PTAB) involving the taxation of a mobile home in Jones v. State Property Tax Appeal Board. While the opinion addresses a very rare circumstance, it is […]
Category: Property Tax
2016 Cook County Property Tax Assessment Trends
July 11, 2017
For the past eight years, Franczek P.C. has tracked property tax assessment data obtained from the Cook County Assessor’s Office. Our data set begins in the tax year 2009 when the classification ordinance was amended to reduce the assessment levels […]
Today the Chicago Tribune published a three-part series of investigative reporting on the Cook County property tax system and the appeals process entitled “The Tax Divide”. Tribune reporters are examining 1) how the tax burden is allocated between more and less affluent […]
Last Friday the Illinois Department of Revenue released the final 2016 Cook County equalization factor, which will be used to calculate the second installment property tax bills that are anticipated to be due in August 2017. The multiplier for the […]
The Illinois Supreme Court has issued an opinion in Carle Foundation v. Cunningham Township, the case involving the constitutionality of the statute granting hospitals a special property tax exemption. In remanding this case back to the circuit court, Illinois’ highest court declined […]
The Latest on Property Tax Exemptions for Illinois Hospitals
January 27, 2017
Recently, there have been several noteworthy developments in the controversy surrounding property tax exemptions for Illinois hospitals. For the past decade, we’ve been providing updates as this issue progressed through the courts, executive branch, state legislature, and local assessing officials. […]
At the end of 2016, the Illinois appellate court reversed and remanded a PTAB decision that excluded one party’s evidence because the appraiser who authored the appraisal died prior to the hearing. The case at issue, 1411 North State Condominium v. […]