Bremen 2020
Reassessment notices for properties in Bremen were mailed to property owners on September 16, 2020. Property valuations in Bremen have been adjusted, when appropriate, with a COVID-19 Adjustment based on our Office's estimates of economic effects of COVID-19.
For details on Bremen's real estate market and reassessments, read the full reports below.
Residential Report:
| Property type | Property count | Median 2019 Sale Price | Median COVID Adjustment | Median 2020 CCAO Estimated Fair Market Value | Median change in 2017-2020 CCAO Estimated Fair Market Value |
|---|---|---|---|---|---|
| Single-family homes | 31,861 | $165,000 | -10.7% | $139,330 | -6% |
| Condos (class 2-99) | 6,308 | $95,8760 | -10.7% | $80,580 | -2% |
| Apartments of 2-6 units | 720 | $418,750 | -13.6% | $303,275 | 5% |
Read the full 2020 Bremen Residential Reassessment Report for more real estate data, COVID-19 adjustments, and reassessment data for each neighborhood.
Residential Interactive Map:
Find your neighborhood, and data about single-family homes in Bremen, on the interactive map.
- number of homes and most common type of single-family homes in each neighborhood
- sale data for each neighborhood
- assessment data for each neighborhood
- note: to see COVID-19 Adjustments for each neighborhood, please read the full Bremen report.
- All homes in Bremen received COVID-19 Adjustments to the CCAO's estimate of their market value in 2020.
- For more details on how COVID-19 Adjustments were calculated, see our report.
Commercial Report:
- 320 apartment buildings
- 289 office buildings
- 912 commercial/retail buildings
- 265 industrial buildings
Overall, commercial and retail properties have seen stable growth over the last three years due to a low interest rate environment, increasing rental rates, and capitalization rate compression.
Read the full 2020 Bremen Township Commercial Reassessment Report for more real estate and assessment data about initial estimates of commercial property values.
Total Assessed Value Changes
Initial property assessments are determined by the Assessor's Office after the office has heard all assessment appeals. Property owners can also file an appeal with the Cook County Board of Review before final assessed values are set.
The following report details the effects of appeals at the Board of Review on the assessed value of Bremen Township as well as the largest parcels in this township.
Bremen 2020 Total Assessed Value Report
For a complete dashboard of 2020 total assessed values for each township, read the Township Assessed Value Report: Tax Year 2020.
Watch a Virtual Seminar
The Assessor's Office staff hosts virtual events to provide information and answer your questions about reassessments and appeals. The video below is an informational seminar that covers the appeal process and the Residential Report for Bremen Township featuring Cook County Assessor Kaegi and Bremen Township Assessor Jones.
Virtual Meeting: How to File an Assessment AppealJoin Cook County Assessor, Fritz Kaegi and Bremen Township Assessor, Willie A. Jones for a virtual meeting on property assessments and the process of filing an appeal. -Understand the property tax system -Learn about an assessment notice & tax bill -Reasons a homeowner might consider filing a property assessment appeal -Guidance on how to file an appeal online -Live question and answer session
Posted by Cook County Assessor's Office on Tuesday, October 20, 2020
How often is my property reassessed?
Cook County is reassessed triennially, which means one-third of the county is reassessed each year. This year, the south suburbs will be reassessed. Your property may also be reassessed if there are significant changes due to a permit application, property division, demolition, or other special application.
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