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James M. Houlihan

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December 23. 2009   Department of Communications
For Taxpayer Assistance call:   312-443-7550
For Media Inquiries call: Eric Herman 312-603-7305
  Maura Kownacki 312-603-3065

Assessment Notices Mailed to New Trier Township Taxpayers

First-Ever Downward Market Adjustment Lowers Assessments of New Trier Township Homes; All New Trier Township Taxpayers Being Notified of Changes in Levels of Assessment

Chicago – December 23, 2009 – Cook County Assessor Jim Houlihan announced today that residential property owners in New Trier Township were mailed notices reflecting a reduction in the assessed values of their properties. The impact of these reductions will be seen in second-installment tax bills payable in the fall of 2010.

"The situation we are facing in the real estate market is extraordinary, and the downturn has had an impact on home values," Houlihan explained. "After analysis of market sales and foreclosure data, we determined that New Trier Township homeowners should not have to wait until their properties are reassessed next in 2010 for the downturn to be reflected in their assessments."

Normally, properties are reassessed and receive notices every three years. The north suburbs are not scheduled to be reassessed again until 2010; the south and west suburbs will be reassessed next in 2011. This year, the City of Chicago will be reassessed.

Due to this first-ever downward market adjustment, residential properties in each suburban township will receive adjustments of their assessed values. A 5% decrease will be applied to the assessed values of all residential properties located in New Trier Township.

The deadline to file appeals for properties located in New Trier Township is January 25, 2010.

These market reductions come as the Assessor’s Office is implementing the 10/25 Ordinance, a measure passed by the County Board last year which was designed to simplify assessment levels. Homes will now be assessed at 10% of market value. Commercial and industrial properties will be assessed at 25% of market value. All Cook County property owners will receive notices telling them of the changes in assessment levels this year.

These changes in assessment levels will neither increase nor decrease assessments. They will simply give taxpayers the ability to review their assessments and determine if they accurately reflect the market value of their properties.

"If New Trier Township taxpayers want to appeal their proposed assessments, we encourage them to do so online," Houlihan said. "Our newly redesigned Web site is easy to navigate, contains a wealth of information, and makes it easier than ever to appeal a proposed assessment."

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Past News

07/26/2010Reassessment Notices for Niles Township Mailed
07/19/2010Cook County Assessor Jim Houlihan Announces Preliminary Results of Sweeping Survey of Vacant Land in Cook County
07/15/2010Reassessment Notices for Evanston Township Mailed
07/08/2010Reassessment Notices for Barrington Township Mailed
06/29/2010Reassessment Notices for Norwood Park Township Mailed
06/11/2010Completed Foreclosures Continue to Rise in Cook County while Number of Initial Filings Decrease
06/08/2010Fourth Quarter Foreclosure Report: Foreclosures continue to increase in Cook County
06/03/20102010 Assessment Begins
03/17/2010Most 2009 Homeowner Exemptions Will Be Applied Automatically to Second-Installment Tax Bills
02/23/2010Assessment Notices Mailed to Schaumburg Township Taxpayers
02/18/2010Assessment Notices Mailed to Thornton Township Taxpayers
02/11/2010Reassessment Notices Mailed to Lake Township Taypayers
02/04/2010Assessment Notices Mailed to Lemont Township Taxpayers
02/02/2010Assessment Notices Mailed to Bloom Township Taxpayers
01/27/2010Reassessment Notices for North Township Mailed
01/19/2010Assessment Notices Mailed to Hanover Township Taxpayers
01/14/2010Assessment Notices Mailed to Worth Township Taxpayers
01/08/2010Assessment Notices Mailed to Northfield Township Taxpayers
12/30/2009Assessment Notices Mailed to Orland Township Taxpayers
12/23/2009Assessment Notices Mailed to New Trier Township Taxpayers
12/17/2009Reassessment Notices for South Township Mailed
12/15/2009Assessment Notices Mailed to Lyons Township Taxpayers
12/03/2009Assessment Notices Mailed to Proviso Township Taxpayers
11/25/2009Reassessment Notices for West Township Mailed
11/25/2009Foreclosures Resume their Rise in Cook County After Declining in Second Quarter 2009
11/20/2009Assessment Notices Mailed to Palatine Township Taxpayers
11/06/2009Assessment Notices Mailed to Wheeling Township Taxpayers
10/23/2009Assessment Notices Mailed to Stickney Township Taxpayers
10/19/2009Assessment Notices Mailed to Leyden Township Taxpayers
10/13/2009Cook County Assessor Jim Houlihan Takes Fight for Property Tax and Education Reform to Springfield
10/09/2009Assessment Notices Mailed to Rich Township Taxpayers
10/02/2009Assessment Notices Mailed to Elk Grove Township Taxpayers
09/25/2009Reassessment Notices for Hyde Park Township Mailed
09/24/2009Assessment Notices Mailed to Maine Township Taxpayers
09/17/2009Assessment Notices Mailed to Niles Township Taxpayers
09/04/2009Assessment Notices Mailed to Barrington Township Taxpayers
09/01/2009Reassessment Notices for Jefferson Township Mailed
08/17/2009Assessment Notices Mailed to Calumet Township Taxpayers
08/11/2009Assessment Notices Mailed to Bremen Township Taxpayers
08/06/2009Cook County Assessor Jim Houlihan Announces Decision Not to Seek Re-election in 2010
07/31/2009Reassessment Notices for Lakeview Township Mailed
07/29/2009Assessment Notices Mailed to Palos Township Taxpayers
07/23/2009Reassessment Notices for Berwyn Township Mailed
07/10/2009Reassessment Notices for EvanstonTownship Mailed
07/02/2009Assessment Notices Mailed to Oak Park Township Taxpayers
06/30/2009Reassessment Notices for Rogers Park Township Mailed
06/18/2009Assessment Notices Mailed to Cicero Township Taxpayers
06/15/2009Assessment Notices Mailed to Norwood Park Township Taxpayers
06/01/2009Assessment Notices Mailed to Riverside Township Taxpayers
05/18/2009Assessment Notices Mailed to River Forest Township Taxpayers
05/11/2009Cook County Assessor Jim Houlihan Announces First-Ever Downward Market Adjustment for Homeowners
04/16/2009Cook County Assessor Jim Houlihan Proposes Alternative Budget Plan for the State of Illinois
03/16/2009Cook County Assessor Jim Houlihan to Measure Impact of Foreclosures and Integrate Findings in Reassessment   Market conditions prompt MacArthur-funded partnership whose work could lead to changes in Cook County assessment practices
03/16/2009Cook County Assessor Jim Houlihan to Measure Impact of Foreclosures and Integrate Findings in Reassessment   Market conditions prompt MacArthur-funded partnership whose work could lead to changes in Cook County assessment practices
03/16/2009Cook County Assessor Jim Houlihan to Measure Impact of Foreclosures and Integrate Findings in Reassessment
03/06/2009Exemption Application Mailed To Cook County Homeowners
03/04/2009Cook County Assessor Jim Houlihan Announces Cost-Saving Measures
01/21/2009Assessor seeks to cut valuations as home values fall
01/21/2009Cook County Assessor Jim Houlihan Announces Property Tax Relief Available for Senior Citizens
01/07/2009Cook County Tax Reactivation Project Brings New Commercial Center and Residential Development to Harvey, Illinois vitalized Property Had Been Abandoned and Delinquent for Close to a Decade
12/30/2008Reassessment Notices for Bloom Township Mailed Reassessment Values Reflect Median Increase of Over 9 Percent for Residential Properties
12/03/2008Tax relief could keep many in their homes
12/01/2008Reassessment Notices for Thornton Township Mailed Median Percentage Increase of over 9 Percent for Residential Properties
11/24/2008Overtaxed homeowner needs "circuitbreaker"
11/14/2008Reassessment Notices for Orland Township Mailed, Median Percentage Increase of over 16 Percent for Residential Properties
10/22/2008Statement by Cook County Assessor Jim Houlihan
10/21/2008Homeowners could get help with property taxes
10/21/2008Property tax relief plan offered
10/20/2008County assessor asks for help on high property taxes
10/20/2008Cook assessor: Bring back maximum homeowner exemption
10/20/2008Cook County Assessor Jim Houlihan Announces Emergency Measures to Help Cook County Taxpayers Assessor Calls for a 2007 County Property Tax Circuit Breaker, Giving Immediate Relief to Tax-Afflicted Homeowners Caught in the Economic Downturn
10/20/2008Targeting Property Tax Relief: A Design for a Cook County Circuit Breaker
10/17/2008Reassessment Notices for Proviso Township Mailed Median Percentage Increase of 16.32% Percent for Residential Properties
09/26/2008Reassessment Notices for Calumet Township Mailed, Median Percentage Increase of 22.13% Percent for Residential Properties
09/17/2008Cook County Board Approves Assessor Houlihan’s Proposal to Reduce Assessment Levels
09/12/2008Reassessment Notices for Worth Township Mailed, Median Percentage Increase of 18.1% Percent for Residential Properties
08/22/2008Reassessment Notices for Lemont Township Mailed Median Percentage Increase of 16.7% Percent for Residential Properties
08/11/2008Reassessment Notices for Stickney Township Mailed Median Percentage Increase of over 15 Percent for Residential Properties
07/28/2008Reassessment Notices for Lyons Township Mailed
07/08/2008Reassessment Notices for Bremen Township Mailed Median Percentage Increase of over 16% Percent for Residential Properties
06/20/2008Reassessment Notices for Palos Township Mailed Median Percentage Increase of over 17% Percent for Residential Properties
06/20/2008Daley, Houlihan hit lack of property tax breaks
05/27/2008Reassessment Notices for Berwyn Township Mailed, Median Percentage Increase of Close to 14% Percent for Residential Properties
05/16/2008Reassessment Notices for Cicero Township Mailed, Median Percentage Increase of over 19% Percent for Residential Properties
05/16/2008Reassessment Notices for Oak Park Township Mailed Median Percentage Increase of over 15% Percent for Residential Properties
05/12/2008Reassessment Notices for River Forest Township Mailed Median Percentage Increase of over 19% Percent for Residential Properties
05/12/2008Reassessment Notices for River Forest Township Mailed Median, Percentage Increase of over 19% Percent for Residential Properties
05/12/2008Reassessment Notices for Riverside Township Mailed, Median Percentage Increase of over 18% Percent for Residential Properties
04/10/2008Assessor calls for change in determining home values
04/09/2008County assessor calls for shift in assessment ratios
04/09/2008Cook County Assessor Jim Houlihan Proposes Change in the Classification Ordinance Assessment Levels to be Changed from 16% to 10% for Residential Properties and from 38% and 36% to 25% for Commercial and Industrial Properties
03/20/2008Cook County Assessor Jim Houlihan Announces that Senior Freeze Exemption Application Deadline is Extended
02/29/2008Cook County Assessor Jim Houlihan announces property tax relief available for Senior Citizens. Senior Citizen Exemption renewal is automatic this year and Senior Freeze Exemption applications were mailed out.
12/13/2007Reassessment Notices for Hanover Township Mailed Median Percentage Increase of Close to 23 Percent for Residential Properties
11/30/2007Reassessment Notices for Leyden Township Mailed Median Percentage Increase of over 30 Percent for Residential Properties
11/06/2007Assessor Houlihan Releases Exempt Hospitals Report
11/06/2007Reassessment Notices for Schaumburg Township Mailed Median Percentage Increase of over 24 Percent for Residential Properties
10/23/2007Cook County homeowner tax relief enacted
10/05/2007Reassessment Notices for Barrington Township Mailed Median Percentage Increase of 22 Percent for Residential Properties
10/02/2007Assessor Houlihan Stresses Importance of Legislators Passing Real Property Tax Relief Talk of a Proposed City Property Tax Increase for Chicago Homeowners Makes Renewal of 7% Provision Even More Important
09/29/2007Reassessment Notices for Wheeling Township Mailed Median Percentage Increase of 26 Percent for Residential Properties
09/26/2007A tax relief plan that makes sense
09/18/2007On July 10, 2007, the Cook County Board of Commissioners enacted an amendment to the Cook County Ethics Ordinance which amended ethics disclosure requirements.
09/18/2007Cook County Assessor Lauds Governor for Protecting Homeowners Urges General Assembly to take quick action
08/27/2007Reassessment Notices for Northfield Township Mailed Median Percentage Increase of over 30 Percent for Residential Properties
08/06/2007Assessor slams Madigan tax plan
07/27/2007Don't add to tax misery
07/26/2007Reassessment Notices for Palatine Township Mailed Median Percentage Increase of Over 30 Percent for Residential Properties
07/08/2007Assessor says 7 percent law is a loser
06/29/2007Reassessment Notices for Niles Township Mailed Median Percentage Increase of over 34 Percent for Residential Properties
06/04/2007Reassessment Notices for New Trier Township Mailed Median Percentage Increase of 30 Percent for Residential Properties
05/31/2007Revising home value caps
05/04/2007Reassessment Notices for Maine Township Mailed Median Percentage Increase of over 28 Percent for Residential Properties
04/11/2007Reassessment Notices for Elk Grove Township Mailed Median Percentage Increase of 28 Percent for Residential Properties
03/30/2007Reassessment Notices for Evanston Township Mailed Median Percentage <i>Increase Over 30 Percent for Residential Properties</i>
03/28/2007In an effort to generate revenue, the Cook County Board recently approved a new fee plan requiring the Cook County Assessor’s Office begin charging fees for a number of services
03/28/2007In an effort to generate revenue, the Cook County Board recently approved a new fee plan requiring the Cook County Assessor’s Office begin charging fees for a number of services.
03/12/2007Cook County Tax Reactivation Project Brings  New Retail Shopping Center to Dixmoor, Illinois Revitalized Property Had Been Vacant and Delinquent for over a Decade
03/09/2007 Reassessment Notices for Norwood Park Township Mailed Median Percentage Increase Close to 35 Percent for Residential Properties
01/29/2007Exemption Renewal Notices Mailed to Cook County Senior Citizens Valuable Exemptions Can Save Taxpayers Hundreds of Dollars on Tax Bills
11/27/2006Extend property tax cap, group urges
11/27/2006Tax spike in store if cap expires
11/17/2006Reassessment Notices for West Township Mailed
10/23/2006Reassessment Notices for South Township Mailed
10/23/2006Noticias De Revaluación Fiscal
09/19/2006County Board approves expansion of program used to bring abandoned properties back onto tax rolls
09/01/2006Reassessment Notices for Hyde Park Township Mailed. Median Residential Assessment Increases More Than 40%
07/31/2006Assessor Houlihan Releases Data on the Benefits of the 7% Expanded Homeowner Exemption on South and West Suburban Cook County. Urges State Legislature to Renew This Valuable Form of Property Tax Relief.
07/27/2006Reassessment Notices for Jefferson Township Mailed
06/23/2006Reassessment Notices for Lake Township Mailed
05/30/2006South Suburban Tax Reactivation Project Brings New Business to Area Ground Breaking Ceremony Held for Urban Habitats, Inc. Harvey, Illinois
05/25/2006Reassessment Notices for Lakeview Township Mailed
05/04/2006Renewal of 7% Expanded Homeowner Exemption Measure Fails to Pass in Illinois House of Representatives
04/11/2006Reassessment Notices for Rogers Park Township Mailed
03/30/2006Exemption Booklets Mailed To Cook County Homeowners
03/02/2006Houlihan Applauds Passage of Property Tax Relief Bill by Senate Expanded Homeowner Exemption 7% Cap Included in Package
02/15/2006Cook County Board Approves Assessor’s Plan to Reduce Assessment Level for Class 3 Multi-Family Properties
01/27/2006Exemption Renewal Notices Mailed to Cook County Senior Citizens Valuable Exemptions Can Save Seniors Hundreds of Dollars on Tax Bills
01/25/2006Assessor Houlihan Proposes Measure to Help Maintain Availability of Class 3 Multi-Family Rental Buildings Will Urge County Board to Approve Plan to Lower Assessment Level at February Meeting
11/17/2005Reassessment Notices for Thornton Township Mailed
11/10/2005Reassessment Notices for Orland Township Mailed
11/01/2005Reassessment Notices for Lemont Township Mailed
10/25/2005Assessor pushes to keep tax cap
10/24/2005Cook County Assessor Jim Houlihan Releases Report on Impact of 7% Expanded Homeowner Exemption, Urges Measure Be Made Permanent
10/11/2005Reassessment Notices for Worth Township Mailed Assessor Houlihan encourages review, provides tools for appeal.
09/20/2005Reassessment Notices for Lyons Township Mailed Assessor Houlihan encourages review, provides tools for appeal
09/07/2005Reassessment Notices for Proviso Township Mailed Assessor Houlihan encourages review, provides tools for appeal
09/01/2005N/W Tri 7% Cap
09/01/2005Assessor touts new law's tax savings
08/31/2005Assessor Houlihan Releases Preliminary Data on Benefit of 7% Expanded Homeowner Exemption on North Suburbs 97% of homeowners will receive larger exemptions, 65% will see lower tax bills
08/29/2005Renew your Homeowner or Senior Citizen Exemption Online
08/10/2005Reassessment Notices for Rich Township Mailed Assessor Houlihan encourages review, provides tools for appeal
07/26/2005Reassessment Notices for Stickney Township Mailed Assessor Houlihan encourages review, provides tools for appeal
07/12/2005Reassessment Notices for Oak Park Township Mailed Assessor Houlihan encourages review, provides tools for appeal
07/11/2005Reassessment Notices for Bremen Township Mailed Assessor Houlihan encourages review, provides tools for appeal
06/10/2005Reassessment Notices for Palos Township Mailed Assessor Houlihan encourages review, provides tools for appeal
05/31/2005Reassessment Notices for Berwyn Township Mailed Assessor Houlihan encourages review, provides tools for appeal
05/25/2005Reassessment Notices for Cicero Township Mailed Assessor Houlihan encourages review, provides tools for appeal
05/17/2005Reassessment Notices for River Forest Township Mailed Assessor Houlihan encourages review, provides tools for appeal
04/26/2005Lawsuit challenging cap on property taxes rejected
04/23/2005Ruling backs Cook County in property tax case
04/22/2005Lawsuit Against 7% Expanded Homeowner Exemption Property Tax Relief Measure Dismissed
04/15/2005Assessor: More property tax reform needed
04/01/2005South Suburban Tax Reactivation Project Brings New Business to Area
02/23/2005Assessor backs tax changes
02/23/2005County assessor touts Daley backing in push for legislation change
02/22/2005Houlihan Announces Assessor’s Office 10-Point Agenda for 2005
12/07/2004Reassessment Notices for New Trier Township Mailed Assessor Houlihan encourages review, provides tools for appeal.
11/24/2004Reassessment Notices for Maine Township Mailed
11/24/2004Reassessment Notices for Maine Township Mailed Assessor Houlihan encourages review, provides tools for appeal
11/23/2004Assessor Houlihan Modifies Eligibility Requirements for Affordable Housing Incentive
11/01/2004Reassessment Notices for Northfield Township Mailed
10/06/2004Assessor’s Office Releases Data On Benefit Of 7% Assessment Cap
10/01/2004Reassessment Notices for Wheeling Township Mailed
10/01/2004Expanded Homeowner Exemption – 7% Assessment Cap
08/26/2004Reassessment Notices for Palatine Township Mailed
08/18/2004Reassessment Notices for Leyden Township Mailed
08/10/2004Reassessment Notices for Niles Township Mailed
07/14/2004County Board endorses ‘7 percent solution
07/13/2004Homeowners get break; Government OKs a dose of tax Relief in 7% cap on property assessment hikes
07/12/2004Assessing the benefits of the Web; Most-wired government agency: Cook County Assessor's Office
07/12/2004Property Tax Relief Legislation Developed By Assessor Houlihan Signed Into Law By Governor
07/12/2004Assessing the benefits of the Web; Most-wired government agency: Cook County Assessor's Office
06/27/2004Loop tax values: Sky-high or too low?
06/27/2004Web site to list priciest building
06/25/2004Assessor Houlihan Releases First Ever Report On Top 100 Loop Office Building Values
06/20/2004Reassessment Notices for Norwood Park Township Mailed
05/26/2004Property-tax bill passes; critics say 7% cap shifts burden to business
05/25/2004Assessor Houlihan, Homeowners Welcome Victory on 7% Assessment Cap
05/24/2004Assessor Houlihan Announces Money Saving Homeowner Exemption Information Hitting Over 1 Million Mailboxes
05/23/2004Own a home in Cook County? Cross one chore off list
05/13/2004How you can limit pain of property tax increases
05/06/2004House approves tax break homeowners would get a bigger discount on assessments under plan
05/06/2004House approves tax break homeowners would get a bigger discount on assessments under plan
04/20/2004Houlihan applauds Senate passage of property tax relief bill (HB 850)
04/20/2004Houlihan applauds Senate passage of property tax relief bill
04/07/2004Vital step in revamping the property tax system
02/20/20047% Assessment Cap Legislation Approved by House in Springfield
02/18/2004Assessor isn’t the one spending your tax dollars
02/17/2004Statement Of Assessor Jim Houlihan On Property Tax Reform
02/10/2004Statement Of Assessor Jim Houlihan On Mayor Daley’s 2004 City Of Chicago Address
02/09/2004Exemption Renewal Notices Mailed to Cook County Senior Citizens
02/09/2004Exemption Renewal Notices Mailed to Cook County Senior Citizens
01/27/2004Property Tax Relief Remains Essential to Homeowners
01/27/2004Property Tax Relief Remains Essential to Homeowners
01/26/20047% tax cap first step toward reform
01/15/2004County tax cap gets qualified backing
01/10/2004Property tax relief efforts continue in 2004
01/05/2004Jefferson Township Assessment Appeal Deadline Extended to January 12th
12/23/2003El Tasador Houlihan envia Exenciones a los ciudadanos de el Condado de Cook que son mayores de eda.
12/19/2003Reassessment Notices for Hyde Park Township Mailed
12/12/2003Exenciones para dueños de casas seran enviadas en Marso de 2003.
12/12/2003Tasador Houlihan y La Escuela Stowe Asociados por una Donacion Tecgnologica
11/18/2003Cook assessor wants tax limit for every county in the state
11/17/2003Elected Officials, Community Groups Announce Support for Neighborhood Preservation Homeowner Exemption
10/28/2003Hats off to 7 percent cap
10/27/2003Houlihan propone Exención para la Preservación de Vecindarios
10/27/2003Houlihan propone Exención para la Preservación de Vecindarios
10/22/2003Houlihan Proposes Neighborhood Preservation Homeowner Exemption
09/22/2003Reassessment Notices for North Township Mailed
09/19/2003Exemptions May Save Homeowners Hundreds of Dollars  on Property Tax Bills
09/16/2003West Township Appeal Deadline Extended to October 6th
08/11/2003Reassessment Notices for West Township Mailed
01/07/2003Assessor Houlihan Mails Senior Exemption Renewal Notices to Cook County Senior Citizens 
01/07/2003Assessor Houlihan Mails Senior Exemption Renewal Notices to Cook County Senior Citizens
05/25/2002Tasador Houlihan y La Escuela Stowe Asociados por una Donacion Tecgnologica
05/13/2002Cook County Assessor Jim Houlihan announced that the deadline to file for tax-saving exemptions is extended to June 17, 2002.
03/15/2002Deadline to Apply For Property Tax Exemptions Extended: Assessor Houlihan Expects Greater Participation
02/27/2002Assessor Houlihan Announces New Taxpayer Exemption Booklet
02/01/2002Cook County Assessor James M. Houlihan will be visiting south side wards to promote property tax-saving exemptions.
04/09/2001Affordable Housing County Board Passes Assessor Houlihan’s Proposal to Create and Retain Affordable Housing as well as Preserve Landmark Properties.



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