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Property Index Number: 36-36-100-005-0000 |
Notice Date: May 30, 2007 |
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Property Located at: 123 W
MAIN ST
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Reason:
Reassessment of Township |
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| Mail to: |
JOHN SMITH |
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OR CURRENT
OWNER |
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123 W MAIN ST |
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SMALLVILLE
IL 60642-1225 |
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| Proposed 2007: |
$ |
8,233 |
| Previous
2006: |
$ |
8,192 |
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Your Property
Characteristics
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Property Class: |
2-11 |
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Apartment or
mixed use commercial/residential |
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bldg, 2-6
units, 20,000 sq. Ft. Or less, 62 yrs & up |
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Township: |
Barrington |
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Neighborhood Code: |
103 |
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Use: |
mixed use |
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Apartments: |
three |
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Commercial Units: |
1 |
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Exterior Construction: |
masonry |
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Garage Size/Type: |
none |
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Building Type: |
3 story |
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Building Sq. Ft: |
4,300 |
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Land Sq. Ft: |
3,506 |
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Age: |
92 years |
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*Please
note this building is prorated with one or more other parcels.
Please contact the Assessor's Office if additional information
is required.
*Please note this parcel contains more than one building. Please
contact the Assessor's Office for additional property descriptions. |
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The appeal deadline for your
township is: |
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The value on this notice reflects
your home’s new, proposed reassessment value. It is important that
you carefully review this notice as any increase in your assessed
value will be reflected on your second installment tax bill payable
in 2008.
If this property is your primary residence, it may be eligible for a
Homeowner Exemption, which provides additional savings off your
second installment property tax bill.
Currently, qualified homeowners are protected from large assessment
increases by the 7% Expanded Homeowner Exemption. This exemption was
developed by Cook County Assessor James Houlihan in 2003 in order to
slow the impact of a home's reassessment increase.
The 7% provision was recently renewed by
the Illinois General Assembly for another triennial reassessment
cycle. Under the new version, the maximum exemption amount
will increase in the first year and then be phased out over the next
two years.
Unless the measure is expanded, renewed or
made permanent by the General Assembly, homeowners will see limited
protection in future tax bills. Our records indicate that this
property did qualify for the Homeowner Exemption in 2006 |
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www.cookcountyassessor.com |
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Please visit the Cook County Assessor’s website in
order to: |
- understand the impact of your new, proposed
assessment.
- download an appeal form or file an appeal
on-line.
- check the status of your property tax
exemptions.
- correct inaccurate property characteristic
information.
- retrieve pictures of nearly every Cook County
property.
- receive numerous pages of additional assessment
information.
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Where To
Find Property Comparisons
| Visit the Assessor’s Interactive
Website at www.cookcountyassessor.com |
Visit any branch office
(locations on reverse side) or your local suburban Township
Assessor’s Office
Check the following newspapers on (a copy of these newspapers
can be found at your local library): |
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LERNER
NEWSPAPERS, BACKYARD NEWS, SOUTHTOWN DAILY NEWS, DAILY HERALD, NORTH
STAR NEWSPAPERS ON AUGUST 10, 2007 OR LATER ISSUE |
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Advertising
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Cook
County Assessor's Office (Main)
County
Building, Third Floor |
|
118 North Clark Street,
Chicago, IL 60602 (312) 443-7550 |
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