The Cook County Treasurer has released the first installment of 2015 property tax bills with a due date of March 1, 2016.

The first installment tax bill is an estimated tax bill.  The amount due will be 55% of the prior year's total tax.  

If you have a pending 2015 tax appeal, you are still required to pay this bill.  Any change in the 2015 tax bill due to changes in exemptions, assessment value,  tax rate or equalization factor will be reflected on the second installment bill issued in the fall.

If you have a new Property Tax Index Number (PIN) for the 2015 tax year your first installment tax bill will be zero since no prior year's  bill was issued for this PIN.  The entire tax bill for the 2015 tax year will be reflected and due on the second installment tax bill issued in the fall.

Want to learn more about your associations tax obligations or interested in pursuing a tax appeal?  Chicago Condo Resource members have access to our recommended list of attorneys specializing in real estate. Subscribe today!

Search Articles...

Membership Plans

Subscribe to the Chicago Condo Resource to access our Members Only Content.

Subscribe to Newsletter

Seminars & Events

Fri Feb 22 @12:00AM
CAI Illinois HOA Conference & Expo
Sat Feb 23 @12:00AM
CAI Illinois HOA Conference & Expo
February 2019
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28