Gary H. Smith
Call us to cut your property taxes
(312) 236-7447
Call Us: (312) 236-7447
Cook County Property Tax Incentives for New or Expanding Businesses

Chicago is providing a variety of incentives to businesses for relocating or expanding in Chicago, dependent on the size and location of the project and the number of jobs it creates. What Incentives Are Available The Tax Increment Financing, or […]

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Do You Have Unclaimed Property Tax Refunds or Exemptions?

Many property owners in Cook County may have unclaimed property tax refunds or exemptions. In May, Cook County returned approximately $2.7 million in unclaimed property tax refunds and exemptions and millions more are waiting to be claimed. How to Claim […]

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Rehabbing a Historic Home? The Property Tax Assessment Freeze Program Can Help Keep Money in Your Pocket

Property owners who rehab a historic home might run into issues in the rehab process—electrical rewiring or having to deal with foundation and structural repairs—but they could be saving money on their property taxes through the Property Tax Assessment Freeze […]

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High Property Taxes in Illinois Make life Difficult for Investors

Property is an investment. And when high property taxes make the total cost of property ownership fall compared to value, it starts to be less of a good investment and more of a nuisance. The Cost of Living in Illinois […]

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Real Estate Tax Prorations in Cook County

In Illinois, real estate taxes are paid for the year that just passed. The 2021 property tax bill is covering money owed for 2020. When a property is sold, the seller must pay the potential taxes owed the following year […]

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Remodeling Can Raise Your Property Tax in Cook County

Remodeling a house might cost more than just the final price bill paid to the remodeling company. It could also cause an increase in the property tax bill. Cost Vs. Value Any time a house is updated through a remodeling […]

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Here’s What Happens if You Don’t Pay Your Property Taxes

When the property tax bill comes in the mail, taxpayers often ask, ‘What if I don’t pay this?’ And they pay—because there will be consequences. But what, exactly, are those consequences? What Is a Property Lien? When property taxes go […]

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The Illusion of Property Tax Relief: Here’s What to Look for in 2021

Although Cook County Assessor Fritz Kaegi sent COVID-19 adjustment letters to many Cook County property owners in late 2020, those might not have the impact property owners expect on their overall tax bill. COVID-19 Adjustments Might Not Equal Lower Tax […]

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Construction Defects May Impact Your Property Taxes

Construction defects not only impact a property owner because of the cost to repair the defect but also could have an impact on that property’s taxes. How a Construction Defect Could Impact Property Taxes A construction defect is a condition […]

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Are You a Senior Who Is Having Trouble Paying Property Taxes?

Cook County senior citizens who are unable to pay the full amount of property tax bills can apply to be in the Senior Citizen Real Estate Tax Deferral Program offered by the Cook County Treasurer’s office. Qualifying for the Program The Senior […]

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