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Final 2015 Cook County Equalization Factor Released
  • Franczek Radelet PC
  • USA
  • May 3 2016

On Thursday, the Illinois Department of Revenue released the final 2015 Cook County equalization factor. The multiplier for 2015 is 2.6685. The press


The Complexities of Assessing Big Box Stores
  • Franczek Radelet PC
  • USA
  • May 2 2016

Recently, Fair and Equitable Magazine published an article on the topic of the valuation and assessment appeals of big box stores, which make up a


2016 Property Tax Levies Will Be Limited by CPI-U factor of 0.7
  • Franczek Radelet PC
  • USA
  • January 21 2016

Yesterday the U.S. Bureau of Labor Statistics released the Consumer Price Index for All Urban Consumers (CPI-U) that will be used in the Property Tax


Additional Analysis of Illinois Appellate Court Decision Finding Hospital Property Tax Exemption Unconstitutional
  • Franczek Radelet PC
  • USA
  • January 14 2016

A new chapter has been added to the long saga of property tax exemptions for hospitals in Illinois. Last week, an Illinois Appellate Court struck


Illinois Appellate Court Finds Hospital Property Tax Exemption Statute Unconstitutional
  • Franczek Radelet PC
  • USA
  • January 7 2016

In a 46-page decision issued yesterday by the 4th District Appellate Court, a recently enacted provision of the Illinois Property Tax Code, Section


Latest Cook County data shows stabilizing assessed values and uneven recovery in new property values
  • Franczek Radelet PC
  • USA
  • November 10 2015

With property tax levy season in full swing, assessed values and new property values are of major importance to board members and finance officials


Illinois court finds special property tax exemption unconstitutional
  • Franczek Radelet PC
  • USA
  • July 29 2015

A property tax exemption designed to benefit a single aviation company was recently found unconstitutional by the Illinois Appellate Court. The


Article in the New York Times highlights pros of property tax
  • Franczek Radelet PC
  • USA
  • July 6 2015

While homeowners and businesses are prone to deride the property tax, the tax everyone loves to hate has many virtues. Over the holiday weekend, The


PTAB issues decision in long-running open space assessment battle
  • Franczek Radelet PC
  • USA
  • November 19 2014

The Illinois Property Tax Appeal Board (PTAB) recently issued a decision finding that the clubhouse, parking lot, swimming pool, and tennis courts at


Community College allowed to proceed with complaint of over abatement of property taxes
  • Franczek Radelet PC
  • USA
  • October 24 2014

The Illinois Appellate Court recently allowed Illinois Valley Community College District No. 513 and several county governments to proceed with a