Property Tax

Our tax appeal practice concentrates on properties situated within the southwest suburbs of Chicago. Instead attempting to master Cook County in its entirety, we have narrowed our firm’s outreach to this specific area to provide the highest quality appeals possible. We know our neighborhoods. Trying to write a quality appeal while casting a net that encompasses all of Cook County yields a garbage in, garbage out approach, at best. We set ourselves apart from our competitors by working a small portion of Cook County, and being very good at it. Contact Us to get started.

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RESIDENTIAL

Our firm aggressively represents homeowner’s and property owner’s residential buildings in all levels of appeal in Cook County’s southwestern suburbs.  We analyze market data, income generated by the property, sales, vacancy rates and other important information to determine the appropriateness of proposed assessments and available options for reducing the assessment.

We have extensive experience advocating for reduced property tax assessments for the vast majority of property types.  We also review your ability to take advantage of all exemptions, freezes, or certificate of error.  Never miss a chance to appeal your taxes.

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We have a special division for property owners of real estate valued in excess of $600,000.  


Cook County is on a 3 year cycle where most residential properties are reassessed every three years. We review your assessed value yearly to determine if the market or other factors may reduce your assessed value.

 

COMMERCIAL

Our firm aggressively engages the local Assessor’s Offices and Boards of Review with information we believe is pertinent and helpful to establishing a fair assessment through assessment reduction complaints and hearings, if necessary.  We analyze market data, income generated by the property, sales, vacancy rates and other important information to determine the appropriateness of proposed assessments and available options for reducing the assessment. We have extensive experience advocating for reduced property tax assessments for the vast majority of property types.

Our attorneys are prepared to appeal decisions to the next administrative level, the Circuit Courts or the Property Tax Appeal Board. We continue to monitor our clients’ assessments for each tax year, constantly evaluating the fairness and potential to reduce current assessments.

Although, Cook County is on a 3 year cycle which most properties are reassessed every three years.  This does not always apply to commercial/industrial property. We review your assessed value yearly to determine if the market or other factors may reduce your assessed value.

 

CONDOS AND TOWNHOMES

Residential condominium unit owners typically appeal their property tax assessments jointly in conjunction with all or most of the building’s other units. There are three advantages to filing a joint condominium assessment appeal:

(1) market forces that affect the value of an individual condominium unit will have a similar effect on the other units as well
(2) the percentage of ownership assigned to each unit is a major valuation factor
(3) the Association or Board is most likely to have access to relevant sales information.

O’Keefe Law Firm, Ltd. has extensive experience representing condominium associations before the local assessor’s offices, boards of review, circuit courts, and the Illinois Property Tax Appeal Board, when necessary. Our aggressive advocacy on behalf of condominium associations often yields extensive real estate tax savings for each of the association’s unit owners. Please have your condo or townhome representative contact us directly.

Cook County is on a 3 year cycle which most residential properties are reassessed every three years. We review your assessed value yearly to determine if the market or other factors may reduce your assessed value.

 

Please contact our office to discuss your assessed value and ability to file a property tax appeal.

 

 

DISCLAIMER:

O’Keefe Law Firm, Ltd. is not affiliated with O’Keefe, Lyons and Hynes, LLC.