Please reach us at info@lowermitax.com if you cannot find an answer to your question.
My practice is devoted to representing real estate buyers and sellers and to challenging property assessments for owners of all types of real estate.
I have worked in the real estate industry for over 30 years. During this time, I have gained experience working with individuals, investor groups, and a multi-billion-dollar regional real estate investment company.
I represent owners of residential, commercial, farm, and industrial properties, including apartments, houses, office buildings, farmland, retail spaces, and homeowner associations.
Appeals that don't involve issues of fact can be resolved at the township level within one to two months. Decisions on 2026 appeals requiring hearings before the board of review are announced in January or February of the following year. Appeals denied by the board of review and appealed to the Illinois Property Tax Review Board may take 9 to 24 months.
The contingent fee is calculated by taking the assessor's published equalized assessed valuation, subtracting the revised EAV, and multiplying the difference by the previous year's tax rate to determine your savings. The fee is 35% of the first-year savings. For example, if the published assessment is $150,000 and it is reduced to $120,000, the $30,000 reduction is multiplied by the previous year's tax rate of 7.5%, for savings of $2,250. Multiply by 35%, and the fee is $787.50.
Real estate taxes can be a burden, but there are ways to save. Check our website to learn how to unlock significant savings on your property taxes today.