Reassessment Notices Mailed to Bremen Township Taxpayers

Lawndale News Chicago's Bilingual Newspaper - Business

Lawndale News Chicago's Bilingual Newspaper - Business

Cook County Assessor Joseph Berrios has announced that reassessment notices have been mailed to nearly 33,000 single-family and 6,000 condominium homeowners in Bremen 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. “Assessed Value” is the portion of a home’s estimated total market value on which taxes are calculated. 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. Bremen Township is the sixth township to be mailed in the 2017 reassessment of South Suburban Cook County. The deadline for appeals for Bremen Township is May 17, 2017. Assessor Berrios stressed that homeowners do not need an attorney to file an appeal. There is no fee. For more information, visit cookcountyassessor.com.

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