Navigating the Commercial Property Revaluation Process in Chicago

2024 is a triennial reassessment year for the City of Chicago, and commercial property owners could be receiving revaluation notices as early as March. Appeal deadlines are approximately 30 days after revaluation notices are issued.

An analysis of the Cook County Assessor’s Office valuation methodology should be completed to determine the accuracy and fairness of their assessments. Given that some of the largest assessments across the county are within the City of Chicago, it is imperative to review these assessments and take advantage of all levels of appeal available to the taxpayer.

How Can You Avoid Overpayment?

The local experts at Ryan are experienced professionals in the Chicago market composed of industry and property type experts and former assessment officials. Our professionals are valuation-focused and proactive in their approach, translating into maximum tax savings realized for clients across Illinois.