MBIRE Advisory Board member, Molly Phelan of Siegel Jennings, authored this article on the Cook County considerations about real estate taxes.
The Cook County Assessor is proposing a law that would drastically change the property tax appeal process in Illinois, which, according to Phelan, is not for the better.
In short, the proposed changes would implement tougher reporting standards and require more in-depth analysis and understanding to lower Assessed Values. These laws are implemented in other states (Ohio, Pennsylvania, New Jersey & Washington DC) where our firm successfully represents our national clients against unfair assessments.
