Property Tax Reduction Blog

Commercial Values in New Trier Township Experienced Extraordinary Rise of 9.4%, Home Values See a Modest Increase of 1.3%.

New Trier 2024 Property Tax

Residential Assessment Somewhat Higher The residential property market values of property owners in New Trier Township, Cook County can increase annually. In 2024, the residential property market value in New Trier Township saw a slight increase of 1.3%, increasing from $19.7 billion in 2023 to $19.9 billion. The properties with the most substantial value increase of … Read more

Lyons Township Residential Values increased by 0.6%, while Commercial Values skyrocketed by 6.7%. 

2024 Lyon Property Tax

Residential Assessment Surges 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. … Read more

Maine Township in Cook County Sees Residential Values Barely Budge, Commercial Assessments Up 6.3%  

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Residential Assessment Practically Unchanged 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 … Read more

Calumet Township Homeowners Experienced a Slight Increase, Commercial Values Rise 4.4%

Calumet property tax

Residential Assessment Close to Flat 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 … Read more

Hyde Park Township Residential Values increased by 29%, while Commercial Values soared by 51%.

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Residential Assessment Surges 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 … Read more