Determine the Assessed Value

Appealing an Assessment

Step 3:  Determine the Assessed value of Your Property

A copy of the property record card showing the assessed value of your home is on file at your township assessor’s office. Remember that real estate in all Illinois counties, except Cook, is assessed at one-third of the actual market value. Therefore, the assessed value of your property should be close to one-third of its actual market value.

Previous Step  |  Next Step