Property owners all over Chicago are seeing increases in their property tax bills. Your property assessment determines your tax bill. When a tax appeal is done, you are actually appealing your property's assessed valuation, not the tax directly.
All owners should consider appealing this assessment to lower property taxes, but if you live in a condo, townhouse or homeowner association, you should consider filing your tax appeal as a group.
Below are 5 of the most commonly asked questions about group appeals and the property tax appeal process.
1. What is a group appeal?
2. Why would/should you appeal as a group?
3. Will an appeal lower tax bills?
4. How do appeals work?
5. Does the association need to hire an attorney?
For answers to these questions, click here.