Common Reasons For A Property Tax Appeal

<div class="body"><ul><li>The assessor’s market value is higher than actual markket value. This claim can be supported if you have recently purchased your property on the open market or if you supply a professional appraisal.</li><li>The primary assessment of the property is based on inaccurate information, such as an incorrect measurement of a lot or building. </li><li>The assessment is higher than those of similar neighboring properties. This argument is common referred to as the “lack of uniformity” i.e. the subject property’s assessment is not uniform with the rest of the neighborhood assessments. This is by far the most common and successful appeal argument due the fact the primary job of the assessor is fair and equitable assessments.</li><li>Vacancy, fire damage or other reasons that the building is uninhabitable are also valid appeal reasons, although more subjective than the proceeding reasons.</li></ul><p>Although not common due to Cook County’s mass appraisal system, a homeowner can request a “field check” to have an analyst physically view the property for a more prudent assessment.</p></div>