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A firm handling your business real estate needs

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55 West Monroe Street
Suite 940
Chicago, Illinois 60603

Monthly Archives: January 2015

Chicago Property Tax Rates Hold Steady, But Not So the Cost of Living

Throughout greater Chicago, municipalities are struggling with debt and making hard choices about whether to raise residential property taxes in response. Naperville plans a modest 3.3 percent rate increase, while Park Ridge will hike property taxes a stunning 22 percent. Woodridge decided to spare its residents a rate increase and instead will carry a budget… Read More »

Chicago Northwest Side Residents Could Appeal Property Tax Assessments on the Basis of O’Hare Noise

Airport noise has long been recognized as a factor in assessing home value. So, in October of 2013, when O’Hare International Airport redirected 70 percent of its traffic, residents of newly-affected neighborhoods decided they had a basis for requesting property tax relief. In March of 2014, the Cook County Board of Review agreed and granted… Read More »