Plato Township Home Values Increase 11%, Leading Kane County

2025 has proven to be a banner year for increasing property values across Illinois, much to the chagrin of places like Plato Township. While still blessed with a small-town feel, Plato Township is a growing community. According to the Plato Township Assessor, the area’s residential values saw a large increase from a total of $1.78 billion to $1.98 billion, a jump of 11%. This is simply the raw assessed value of homes, with no equalization factor or tax rate added. This growth is well above inflation and a double-digit increase in one year is unheard of in most areas of the country.

Homes worth between $500,000 and $750,000 were responsible for $955.12 million of the total, making them the largest category of homes in Plato Township. These homes saw an increase of 12%, making them the main contributor to the overall value increase. Homes worth between $250,000 and $500,000 were in the No. 2 spot with $858.22 million in total value, which was an increase of 10% from 2024. Rounding out these modest homes were those worth less than $250,000. These saw an increase of 6%, large for most areas, but the smallest increase of any property type in the whole of Plato Township.

While only contributing $3.98 million to the total, homes worth over $1.5 million experienced a sharp increase of 23%. Homes between $1 million and $1.5 million were more common and saw an increase of 10%. Homes worth between $750,000 and $1 million were the third-largest category in Plato Township, with $101.01 million in total value. These homes were hit with a jump of 10%.

How Plato Compares to Other Kane County Townships

Kane County as a whole has seen property tax increases across the board, meaning that Plato Township is not alone in its suffering. Chemung Township saw residential property values increase by 9%. Plato values were higher than Chemung in every category but homes worth less than $250,000. Rutland Township likewise saw a home value increase of 9%, though Rutland homes combined for a value of more than twice that of Plato. Geneva Township was almost identical to Rutland, with a 9% growth rate paired with a combined value that was double that of Plato. Batavia Township completed the trifecta with a 9% increase in residential value. Out of the Kane County townships we have explored, Plato had the highest rate increases in 2025, even if it was not the biggest township in the region.

8% Jump Hits Plato Businesses

It seems that commercial interests across Plato Township fared better than residential properties. Across the whole of Plato, the commercial total increased 8%, going from $34.35 million to $37.25 million. This put Plato Township in about the middle of the back, being higher than Batavia’s 7% or Chemung’s 6%, but lower than 11% for Richmond or 9% for Rutland. Plato Township also has the smallest commercial base, meaning these rises translated into less total value.

Unlike most areas, Plato Township saw the largest increase in value for businesses worth less than $250,000. These businesses totaled $17.68 million in value, the highest value for that commercial property type in Kane County. This is because Plato Township is a small community, with many small businesses and properties. These businesses saw an increase of 9%, which was the highest jump. Commercial properties worth between $250,000 and $500,000 also went up 9%, but there was much less value in their total.

Commercial properties worth over $1.5 million usually have the most value, but they came in a distant second in Plato Township. Increasing by 8% in 2025, they totaled $6.58 million, the lowest for the category in Kane County. Mid-sized businesses all saw their totals increase by 8%, be they worth between $1 million and $1.5 million or worth $750,000 and $1 million. Commercial properties worth between $500,000 and $750,000 also saw their totals rise to 8%.

Plato Township Deadline Passes on August 5, 2025

There is not much time left for the people of Plato Township to file their property tax protests. The final deadline is set for August 5, 2025. Unlike Cook County, the other people of Illinois only have a single deadline by which to file all protests. Chicago has several deadlines spread out over months, one that is required thanks to its size and haphazard nature. In other words, the taxpayers of Plato have only one shot to lower their taxable value.

Illinois, even the most rural areas, has some of the most crippling property taxes in the United States, and being in a collar county does not help Plato Township in the slightest. They may not be overrun by Cook County refugees like Aurora, but the influx of people to eastern areas can have a cascading effect. This can be seen in both rising property values and in an equalization factor that is also creeping up. These two factors combined to make Plato Township property values higher than ever.

While there are numerous legislative solutions in the pipeline to attempt to stem the flow of rising costs, all have stalled or been outright rejected. Until a permanent solution can happen, the only way for an Illinois taxpayer to make things right is to file a property tax protest or appeal. This starts with an informal appeal to the local township assessor, before graduating to formal hearings before the Board of Review (BOR). If things are really extreme, then an appeal to the Property Tax Appeal Board (PTAD) in Springfield. To achieve any of these steps, an initial appeal must be filed by August 5, 2025.

Let O’Connor Lead Your Protest

It never hurts to have a veteran expert on your side, especially when there is so much money on the line. It is not just money, but your property could be at risk now or in the future as values climb. You cannot lower your tax rate, but your property’s taxable value is another matter. With tax rates and equalization factors out of your control, it is nice to be able to control a part of your financial destiny. The taxable value is also the most important part of the whole equation, as it serves as the base where all other variables draw from.

O’Connor has been lowering taxable values for decades. Seeing such demand for our services and the injustice of Illinois property values, we have opened a branch office in Aurora. Sitting in Kane County and close to Chicago, this enables us to handle things for both Cook County and the surrounding area. Our agents and attorneys know every township assessor and BOR and know exactly how to present the perfect case to them. With time drawing short, we can help gather evidence for the people of Plato Township before it is too late.

Even if you missed the deadline, we can help you in the future. Once you enroll with us, we will protest your values every year, even in years when there is no announced assessment. We will keep sneaky tax rises from surprising you and will help mitigate changes wrought by the equalization factor. There is no fee to join, and you will only ever be charged a contingency fee if we lower your taxes.