Residential Assessment Surges Property owners in Cook County typically anticipate an annual increase in property values. In 2024, the combined residential property value in Stickney Township, Cook County, Illinois was just over $3 billion . . A 7% increase was observed among residential property owners with residences valued between $500k and $750k, but otherwise property in lower value ranges remained fairly unchanged in value.  Stickney Township households valued in excess of $1.5 million experienced the highest increase in valuation at 28%. Commercial Values Gain Even More Pronounced Commercial property experienced a significant increase in value accounts in Stickney Township, in contrast to residential property. Residential property values experienced a modest increase in 2024, while commercial values saw marginally higher increases with an average of 4%. In 2024, the average value of commercial property over $1.5 million in Stickney Township was $1.4 million, which represents a 5% increase from the previous year. A... Read More

Residential Assessment Surges    Property owners in Cook County usually expect property values to grow annually. Residential property in Palatine Township Cook County, Illinois had a 1% increase, meaning the value in 2024 amounted to $12 million. Owners of property valued under $750K can breathe a sigh of relief with their values holding steady. Assessment increases are greatest for high- value homes. Residential property owners of homes ranging between $1 million to $1.5 million saw an increase of 24%. Homes valued over $1.5 million had a surge of 90% for homeowners in Palatine township. Commercial Values Gain Even More Pronounced  In contrast to residential property, commercial property had a soaring rise in valued accounts in Palatine Township. Commercial values rose 15%, while residential only increased by 1% in 2024.  Commercial property worth over $1.5 million in Palatine Township was on average assessed at 19% in 2024. Owners of commercial properties valued between $750K and... Read More

Residential Assessment Surges The rise of property values in Cook County is not a surprise for residential property owners. Residential property in Barrington Township had a 2% increase showing the rise from $4 billion in 2023 to $4.1 billion to 2024. The highest and lowest-value houses get the biggest assessment increases. Residential property owners of homes ranging between $1 million to $1.5 million saw a high increase of 2%. Commercial Values Gain Even More Pronounced In contrast to homes, commercial property increases exponentially grew in valued accounts in Barrington Township. By 2024, commercial values rose 24%, while residential only increased by 2%.  Commercial property worth over $1.5 million in 2024 in Barrington Township of Cook County, Illinois was on average assessed at 29%. Owners of commercial properties valued between $250K and $500k had a 4% increase. Property owners of commercial valued at $250k and between $750k to $1million had an increase of... Read More

Residential Assessment Surges   Property owners in Cook County are all too familiar with the rise of their home values. In 2024, residential property in Rogers Park Township has collectively jumped from just over $4.9 billion to $6 billion, an increase of 24%. The climb in assessments is the most pronounced for homes in the highest and lowest value ranges. Residential property owners of homes in the $500K to $750K saw an average increase of 27%. Homes over the $1.5 million price point saw an increase of 17%; however, it is one of the least gains in value assessment. Commercial Values Gain Even More Pronounced   In contrast to homes, commercial property increases are the highest valued accounts in Rogers Park Township. Commercial property worth over $1.5 million in 2024 in Rogers Park Township of Cook County, Illinois was on average assessed at 38%. Property owners of commercial accounts valued between 250k to... Read More

Residential Assessment Surges Property owners in Cook County are familiar with the rise of their home values. Residential property in Lake View Township had a 20% increase showing the rise from $37 billion in 2023 to $44.6 billion to 2024. The highest and lowest-value houses get the biggest assessment increases. Residential property owners of homes of more than $1.5 million saw a high increase of 28%. Homes of $250K price point saw an increase of 22% between 2023 and 2024. Commercial Values Gain Even More Pronounced In contrast to homes, commercial property increases almost doubled in valued accounts in Lake View Township. By 2024, commercial values rose 46%.  Commercial property worth over $1.5 million in 2024 in Lake View Township of Cook County, Illinois was on average assessed at 51%. Owners of commercial properties valued between $750K and $1 million had the third highest increase of 20%. Owners of commercial property valued... Read More