Property Tax Appeal
Property Tax Appeal Services
At LoMonaco Law, we are dedicated to the details. As you probably know, property taxes in Illinois are staggering- especially in Chicago and its suburbs. Each homeowner deserves to pay only what they need to for their property and not a cent more, yet property tax assessments are often inaccurate. At the same time, many homeowners don’t realize that they can hold assessors accountable by filing a property tax dispute. Using our property tax appeal services, you can save money on not only this year’s tax bills, but future tax bills as well. Our team will provide an analysis that acknowledges the nuances of your situation that may not be apparent to the untrained eye. Furthermore, as a small team, we can give you top-notch customer service and care that is hard to find elsewhere. We are focused on nailing the basics while tailoring each client’s experience to match their own unique situation.
Property Tax Dispute
Our team has worked on thousands of real estate transactions, so we understand both how the industry works and the stresses of being a homeowner. While many of these stressors are unavoidable, pursuing a property tax dispute can greatly alleviate some of the financial burden of owning property. At the end of the day, we are invested in making sure that homeowners get the most out of their properties- we want to see you save and succeed. When you put your trust in us and let us help you fight your property taxes, we will be right beside you through every step of the appeals process as both an advocate and a guide.
Appeal My Property Tax
To get started, complete the “Appeal My Property Taxes” form at the bottom of this page. You will be asked to fill out a little information regarding yourself and the property you wish to appeal. Once completed and submitted, one of our representatives will review it and email you our fee agreement and next steps within 2 business days.
How much does it cost to appeal your taxes?
We charge a $100 review fee. For this review, LoMonaco Law will complete the following:
- We will pull your tax records, current and historical, and run a review of your increases year over year and confirm whether they align with your area.
- We will review sales history of your home to see if the tax assessment increases are supported by recent sale of your home.
- We will run and review comps in the area – comps are comparable homes similar to yours in size and quality that have sold within the last year – and see how they align with the assessor’s value of your home.
- We will create an internal report and provide you with an outline of our findings and suggestions based on those findings.
If after reviewing the comparable properties, appeal history, and exemptions, we believe we can help you decrease your tax liability, we will proceed with the appeal process. If successful, LoMonaco laws fees are 34% of your total tax savings for that year. If your appeal is unsuccessful, you do not owe LoMonaco Law any fees beyond the initial $100 review charge. Our fee agreement will detail more regarding how we get paid and our collection of those fees as well.