Annually, residential values rise in Cook County for property owners. Residential property in Lyons Township had a 0.6% increase illustrating the growth from $14.8 billion in 2023 to $14.9 billion in 2024. The lowest value houses with a range of $1MM to $1.5MM had a great assessment increase between 2023 and 2024. Residential property owners of homes greater than $1.5MM saw the highest increase in value of 7.5%. In contrast to homes, commercial property had an inflated value increase in accounts in Lyons Township. By 2024, commercial values had tremendous growth of 6.7%. In 2024, the average assessment for commercial property in Lyons Township of Cook County was 9.2%, with a value exceeding $1.5 million. Owners of commercial properties valued between $500k to $750k had one of the highest increases of 2.5%. The data indicates a substantial rise in the assessment for Lyons Township in Cook County, Illinois. First things first: before protesting the assessment... Read More

The residential property values of property owners in Maine Township, Cook County, experienced a negligible increase between 2023 and 2024. The value of the residential property market in Maine Township increased by 0.5% in 2024, from $15.6 billion in 2023 to $15.7 billion. Higher market value properties had the highest increase percentage. The properties with the highest value increase of 5.6% had a value range between $1 million and $1.5 million. The second highest percentage increase with 4.5% belongs to houses with a market value exceeding $1.5 million. The value of commercial properties in Maine Township has grown drastically in comparison to residential homes. The commercial values increased by 6.3% by 2024. The residences with greater market values saw the largest rises. For commercial properties valued more over $1.5 million in Maine Township in 2024, the maximum value increase was 7.6%. The owners of commercial properties with a $1 million to... Read More

Between 2023 and 2024, there was a barely perceptible increase in the residential property values for most property owners in Calumet Township, Cook County. In 2024, the residential property market in Calumet Township saw a 0.1% increase in value, rising from $676 million in 2023 to $677 million. The properties with the lowest value increase of 0.2% had a value range exceeding $250,000. In contrast to residential properties, the value of commercial properties in Calumet Township has increased more significantly. By 2024, commercial values experienced a 4.4% increase. The most significant increases were observed in homes with a higher market value. In 2024, the maximum assessment of commercial property in Calumet Township was 14% for properties with a value exceeding $1.5 million. Owners of commercial properties valued between $1 million and $1.5 million experienced the second largest increase of 4.1%. The data shows that residential assessments in Calumet Township, Cook County,... Read More

Increase of residential values in Cook County does not surprise property owners. Residential property in Hyde Park Township had a 28.7% increase showing the rise from $12 billion in 2023 to $16 billion in 2024. The lowest value houses in 2023 had great assessment increases in 2024. Homes of $750K to $1MM price point saw an increase of value of 50% between 2023 and 2024. Residential property owners of homes ranging between $500k to $750k saw a high increase of 47%. In contrast to homes, commercial property had a high value increase in accounts in Hyde Park Township. By 2024, commercial values had a soaring increase of 51%. In 2024, the average assessment for commercial property in Hyde Park Township of Cook County was 56%, with a value exceeding $1.5 million. Owners of commercial properties valued between $1 million to $1.5 million had the second highest increase of 47%. The values show Cook County... Read More

The residential property values of property owners in Cook County, Bremen Township experienced a decrease by the end of 2024. The residential property market in Bremen Township experienced a decrease of -0.2% in 2024, the value fell from $7.42 billion in 2023 to $7.4 billion. The houses with the most significant value increase of 57% had a value range of $1 million to $1.5 million. Higher value homes had the highest increases, while lower value homes had the lowest increases. Homes ranging in value from $250k to $500k had a slight increase of 0.3%. In contrast to residential properties, Bremen Township’s commercial properties have experienced a substantial increase in value. Commercial values encountered an extraordinary 5.7% increase by 2024. Homes with a higher market value exhibited the most substantial increases. Properties that values exceeded $1.5 million, had the maximum assessment of commercial property in Bremen Township of 8.8% in 2024. The second largest increase of... Read More