Lincoln Park Property Tax Attorneys

In this article, our Lincoln Park property tax appeal attorneys discuss the process of appealing your Lincoln Park property tax assessment within that window. Each township and county in Illinois and Lincoln Park creates its own rules for property tax appeals. After you receive your property tax assessment in Lincoln Park, you only have a limited window in which to appeal, typically within 30 days. Your property taxes are linked to the fair market value of your home; however, when the fair market value of your home is uncertain, the tax assessment may be inaccurate. Due to the slow-paced real estate market, fewer homes are being purchased, making it difficult to get a fair estimate of what someone might pay for a home in your area, let alone a home similar to yours. Assessors do not have the raw data to work with as they did in the past, so they must refer to outdated information and do the best they can. Therefore, because many homeowners feel they have more accurate information than the assessor, they decide to appeal the assessment of their property.

​​

In this article by our Lincoln Park property tax attorneys they explain the list of problems that can arise during a real estate transaction. These problems can be lengthy, and without an attorney to handle those problems, should they arise, the process can be scary. Potential problems during a real estate transaction can include Improper transfer of deed resulting in a variety of taxes to be levied against the buyer or seller. Avoiding unnecessary taxes on your property can be possible with the help of an attorney. 

In this video, our Lincoln Park property tax appeal attorneys explain changes to Illinois Property Tax Code that provides tax breaks to veterans and their families who make accessibility improvements to their home or mobile home. These improvements may include but are not limited too: widening doorways, installing ramps, handrails, and grab bars, installing stairlifts, etc. Under the new tax exemptions, any accessibility changes will not increase the taxable value of the house for seven years. The law limits veterans with disabilities from claiming more than one of the three exemptions discussed above in a given tax year. Depending on your situation, one program may be better than the others. Veterans and their surviving spouses are required to certify each year for their given program.