Reassessment Notices Mailed to Oak Park Township Taxpayers

Lawndale News Chicago's Bilingual Newspaper - Local News

Lawndale News Chicago's Bilingual Newspaper - Local News

Cook County Assessor Joseph Berrios has announced that reassessment notices have been mailed to nearly 11,300 single-family and 5,600 condominium homeowners in Oak Park Township. Reassessment notices contain proposed values for property Tax Year 2017, which will be reflected on Second-Installment Tax Bills to be mailed and due in the summer of 2018. Each year, the Cook County Assessor’s Office reassesses one-third of the nearly 1.8 million parcels of property located in Cook County. For homes, “Assessed Value” is 10 percent of market value; businesses’ Assessed Value is 25 percent of Market Value. In this tax year, the Assessor’s Office is reassessing properties located in South Suburban Cook County. Oak Park Township is the third township to be mailed in the 2017 reassessment of South Suburban Cook County. As always, tax years are billed and due for payment in the following calendar year. The deadline for appeals for Oak Park Township is April 3, 2017. Assessor Berrios stressed that homeowners do not need an attorney to file an appeal. There is no fee. For more information, visit www.cookcountyassessor.com.

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