November 12, 2024
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Cook County’s second-installment property tax bills arriving

By SUBURBAN LIFE MEDIA
Are you paying the Tax Man more this year? Look closely: Maybe your bill rose because your home is worth more, and not because your tax rates have climbed. That was case for several cities.

(Tom Collins)

Cook County Treasurer Maria Pappas has mailed out nearly 1.8 million, second-installment property tax bills. Payments are due Oct. 1.

The new bills will bring the total amount billed countywide for 2020 to more than $16.1 billion, an increase of more than 3.4% from last year, a news release stated. A recent analysis by the Treasurer’s Office found the tax increase is hitting commercial property owners and Black and Latino suburban property owners the hardest (www.cookcountytreasurer.com/taxbillanalysisandstatistics.aspx).

To make a payment online, go to the website at www.cookcountytreasurer.com:

  • Select the blue box labeled “Pay Online for Free”
  • Search by property address or enter your Property Index Number (PIN)
  • There is no fee, if you pay from your bank account

Taxpayers also may use the website to search for $72 million in available refunds going back 20 years, and to verify property tax exemptions, which can lower the tax bill. Homeowners may be missing out on $43 million in exemptions.

To search for refunds or missing exemptions, visit cookcountytreasurer.com:

  • Select the purple box labeled “Your Property Tax Overview”
  • Search by property address or enter your Property Index Number (PIN)
  • Look for the results under “Are There Any Overpayments on Your PIN?”
  • Or the results under “Have You Received Your Exemptions in These Tax Years?”

Late payments are charged 1.5% per month, as required by Illinois law.

Berwyn