Determining if Your Kaneville Township Property is Assessed Fairly
One way to evaluate your assessment is to compare it to compare it with the fair market value of your property versus comparable properties in your area. Pinpointing similar properties can also identify a lack of uniformity. The most useful comparisons usually involve properties that are similar in location, size, age, condition, and other characteristics that can influence value.
Kaneville Township Reassessment
Along with the rest of Kane County, Kaneville Township is scheduled for reassessment in 2027. A reassessment can result in significant changes to property assessments as the county updates values to reflect changing real estate markets. For Kaneville Township property owners, this may mean higher assessed values for homes, businesses, and other properties.
Even outside of a reassessment year, property tax bills can fluctuate as taxing districts adjust their rates and other factors affect the final amount owed. Reviewing your assessment before and after a reassessment can help you understand how your property’s value has changed and determine whether it appears accurate compared with current market conditions and similar properties.
Know Your Tax Reduction Options
Property owners in Kaneville Township may have several options to potentially reduce their property tax burden. Exemptions can lower the taxable value of qualifying properties, while property tax appeals challenge the assessed value assigned to a property.
These are separate forms of property tax relief, but both are worth considering when reviewing your property taxes.
Exemptions:
Homeowners may be eligible for exemptions that lower the taxable value of their property. The most basic option, the homestead exemption, can reduce the total equalized assessed value (EAV) of a property by $8,000, which can result in significant savings. This option only applies to a home that is being used as the property owner’s primary residence. Homeowners who are veterans, over the age of 65, or have disabilities may be able to land other exemptions.
Because eligibility requirements vary, homeowners should review the available exemptions and make sure they are receiving those for which they qualify.
Property Tax Appeals:
A property tax appeal is more complex, as it actively challenges the value assigned to your property. If your assessment is higher than your property’s fair market value or higher than comparable properties, an appeal may provide an opportunity to lower the assessment. An appeal requires evidence demonstrating why the assessment should be changed.
Appeal Can Mean the Difference in Avon
The main driver of a successful property tax appeal is the evidence. This is because appeals must be decided on certain grounds, each of which requires a specific type of evidence. In cases of overassessment, which occurs when a home or business is assessed at more than its market value, the taxpayer must provide a series of property sales dating back three years. For cases of a lack of uniformity, the taxpayer needs to bring assessments that indicate they are being overassessed. The evidence in either case must meet strict requirements and should be similar in size, location, age, and other characteristics.
In addition to strict evidence, appeals also have a narrow deadline, usually 30 days after the notice of assessment has been published. There is only a single appeal deadline, which is with the Board of Review (BOR). While Cook County has two separate cutoff dates, this is not the case for Avon Township or the rest of Lake County. This means that a taxpayer must be fully prepared by their deadline, or they will lose the ability to challenge their values entirely. There are several deadlines that a taxpayer needs to be prepared for.
First installment of property taxes due: June 1, 2026
Second installment of property taxes due: September 1, 2026
Assessment Appeal Deadline:October 13, 2026
O’Connor Secures the Evidence
Finding the right evidence can be one of the most time-consuming steps of a property tax appeal. Property owners may need to research similar properties, examine sales information, review assessment records, and determine whether their property has been valued fairly.
O’Connor offers assistance to the people of Kaneville Township by handling the evidence-gathering portion of the appeal process. This is by far the most complex portion, and what often throws taxpayers off. We start by analyzing your assessment for any issues. Next, we acquire the best evidence possible, usually in the form of comparable properties or sales. Finally, we coordinate an appeal with a law firm, which will use the evidence we gathered to the utmost effect. Best of all, you will only pay for this evidence if your taxes are lowered.
