The Assessor's Office released initial assessments of residential and commercial properties in Elk Grove and Evanston Townships. By now, property owners should have received their Reassessment Notice in the mail. 

The Reassessment Notice reflects the estimated Fair Market Value based on sales of similar property over the past three years. The notice also contains important information such as property characteristics, neighborhood code, and past assessment information. An increase in a property’s value does not indicate the same increase in the property owner’s taxes. The estimated Fair Market Value listed on the Reassessment Notice will be reflected on tax bills in 2023. 

If the property characteristics listed on an assessment notice are incorrect, or if the estimated market value of a property is significantly more than what it could sell for in the current real estate market, property owners should consider filing an appeal.

Appeals for properties in Elk Grove can filed until September 1, 2022 and appeals for Evanston can be filed until September 9, 2022.

• Review detailed assessment reports for Elk Grove and Evanston Townships 
• More information can be found at cookcountyassessor.com/appeals.
• Join a workshop to learn more about assessment and appeals.
• Download a helpful guide. 

Cook County Assessor makes amends for incorrect assessment of ‘Blues Brothers’ orphanage

The in-person event was part of Blues Brothers Con at the Old Joliet Prison. Dan Aykroyd and Jim Belushi performed as the Blues Brothers with legendary rhythm and blues musicians – and Blues Brothers co-stars – Steve “The Colonel” Cropper and Tom “Bones” Malone.

During the sketch, Assessor Kaegi presented The Blues Brothers with new information about the orphanage property which had been incorrectly assessed by one of his predecessors. 

Check out more pictures on Facebook, Instagram, and Twitter.

Read Full Article

Cook County's Next Top Model

The Cook County Assessor's Data Team presented at Chi Hacknight, an organization that hosts weekly events focused on data, design and technology. Senior Data Scientist, Dan Snow, walked the audience through V3 of the new residential model. He covered initial 2022 results, described the major changes from V2 to V3, discussed ongoing data issues and the plans to solve them, and provided a sneak peek at the Data Department’s future plans. If you’re interested in knowing how properties are valued, equity issues, machine learning, or real estate, watch the video below.

Watch Presentation