Market Analyst Day 2020-2021
On January 29, 2021, the Cook County Assessor’s Office, in partnership with the City of Chicago, hosted the second CCAO Market Analyst Day. The CCAO and the City of Chicago presented tools, data, and information for building owners, commercial real estate analysts, and market underwriters who invest in the City of Chicago and Cook County.
In these presentations, executives from the CCAO and the City of Chicago provided:
- details on Chicago’s financial outlook, including substantial deficit reduction
- analysis of past impacts in Chicago, and discussion of 2019 and 2020 assessments (including COVID adjustments)
- broad market research for Multi-Family, Office, Retail, and Industrial sectors
- demonstration of how Real Property Income & Expense data can be used in multi-family valuation
In addition, Mayor Lori Lightfoot gave a keynote speech to kickoff the event.
Watch the video, or download individual presentations at the links below.
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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