The Preservation Compact’s property tax policy working group recommends that affordable multifamily rental owners appeal the assessed value of their properties.
For more information about the appeals process, read our Guide to Appealing Your Property Taxes for multifamily property owners. Additional resources are available through the Cook County Assessor’s Office, the Cook County Board of Review, and through your Township Assessor.
The Preservation Compact offers the list of property tax appeal attorneys and practitioners below as a resource to property owners but does not endorse any particular practitioner, attorney, or firm. Property owners should contact representatives directly.
Property owners do not need an attorney to appeal their assessment to the Cook County Assessor’s Office.
It is typical for attorneys and practitioners to work for either a flat fee or a contingent fee. Under a flat fee arrangement, the owner agrees to pay the representative a fixed amount per year of the three year triennial assessment and the fee is payable regardless of the results of the appeal. An alternative fee arrangement is a contingent fee agreement, meaning there will be no fee unless the appeal is successful, and payment will be a percentage of the savings in the first year of the triennial re-assessment resulting from the appeal. If the fee is contingent upon a reduction in assessed value, an attorney or practitioner may charge a nominal fee to open a file. In all cases, fees are negotiable as to the amount of a flat fee or the percentage of savings in taxes that a contingent fee is based upon.
Questions or concerns should be directed to Stacie Young at email@example.com.
Charles J. Masters & Associates, Ltd.
Elliott & Associates Attorneys, PC
Enterprise Law Group, LLP
McCracken, McCracken & Behrens, P.C.
Miner, Barnhill & Galland, PC
Raila & Associates, PC
Robert Clark and Associates
Stella Black Real Estate Consultants