Property tax appeals in Lake

The Cook County Assessor's own record of what happened to appeals filed on properties in Lake township.

17.3%of appeals won a reduction 16.4%–18.3% at 95%

5,725appeals decided

9.4%typical cut, when one was won median over 992 reductions

Lake against the county as a whole: no difference the data can distinguish from chance, despite a 0.7 point gap.

Does hiring someone help?

Whether an agent helps is not settled here: the advantage has changed sides between years, ahead in 4 and behind in 1. A single combined figure would report whichever side the window happened to favour.

2021: +7.02022: +1.52023: -6.32024: +2.62025: +0.1

Each year: how many percentage points better an agent did than an owner filing alone. Negative means the owner did better.

Firms that file on your behalf commonly take a third of the first year's saving. This is the county's own record of how the two groups actually did.

The reasons the Assessor gave

Every decision carries a stated reason. These are the ones that appear most often on Lake decisions, and how often each was attached to a reduction rather than a refusal.

Reason given	Decisions	Reduced
This is a result of a market analysis of your property as well as an analysis of comparable properties.	3,628	12.3%
This is due to income, market or cost analysis supporting the assessment.	1,008	0.0%
This is due to an analysis of the actual sale transaction of the property.	259	0.0%
This is the result of an income, market or cost analysis.	250	100.0%
This is due to insufficient data having been submitted for our review.	113	0.0%

A reason seen fewer than 30 times shows no rate, for the same reason a township with a handful of appeals shows none.

All Cook County townships →

Source. Cook County Assessor, published appeal decisions (dataset y282-6ig3). Counted, not modelled. Undecided appeals are excluded from rates rather than counted as losses. Rates carry a 95% Wilson interval and none is shown below 30 decided appeals.