CHICAGO | General Discussions - Page 74

Steely Dan · #**1461** Posted **Jul 18, 2019, 2:43 PM**

Quote:

Originally Posted by the urban politician

I really have no idea when your particular neighborhood is up for reassessment..

our big 3 year reassessment just happened this past year.

that's what's so crazy about our drop.

maybe i need to ask some of our neighbors about their property taxes this year.

the urban politician · #**1462** Posted **Jul 18, 2019, 2:49 PM**

It's amazing how much of a racket this "tax appeal" business is for attorneys. Although I hate having to see my taxes go up, I'm also in favor of finding ways to seal off these ridiculous and corrupt sources of revenue for sleezeball attorneys.

My own property tax appeal attorney gets lots of business from me but I've never once met him, gotten an email from him, or spoken to him. He has paralegals do all of his work, and everybody works from home. This guy probably just schmoozes all of the people at the Assessor's office and otherwise spends his time playing golf and eating steaks for all I know. Waste and fraud, my friend.

Steely Dan · #**1463** Posted **Jul 18, 2019, 3:05 PM**

^ what makes our drop even more amazing is that we didn't even hire any of those tax appeal shysters.

the county, out of the goodness of its own heart, simply said "you get to pay a lot less in taxes this year".

LouisVanDerWright · #**1464** Posted **Jul 18, 2019, 3:25 PM**

Quote:

Originally Posted by Steely Dan

^ what makes our drop even more amazing is that we didn't even hire any of those tax appeal shysters.

the county, out of the goodness of its own heart, simply said "you get to pay a lot less in taxes this year".

Yeah it was my reassessment year this year too for most of my properties. Still dropped...

Quote:

Originally Posted by the urban politician

Your area is so far being left alone. Even further east in Pilsen I’ve been mostly left unscathed (although the taxes are going up)

It’s on the north side (Lakeview, Bucktown, etc) where property owners are getting their asses handed to them.

That's the thing though, it's not just my area, even my properties in Logan dropped which makes zero sense. My bill at my residence fell back to just above where it was in 2011 when I bought it for $136k despite it being reappraised at $500k+ two years ago.

One of my properties the assessor was kind enough to tax as vacant last year because I had it under construction (have no idea how they even figured that out since it was also vacant before I bought it and being taxed as occupied). That alone dropped a $2700 tax bill down to $800 for last year. The county literally sent me a check for $1900 that I just got in the mail because my bank escrow overpaid the bill...

I like this Kagei guy lol...

the urban politician · #**1465** Posted **Jul 18, 2019, 3:33 PM**

Quote:

Originally Posted by LouisVanDerWright

That's the thing though, it's not just my area, even my properties in Logan dropped which makes zero sense. My bill at my residence fell back to just above where it was in 2011 when I bought it for $136k despite it being reappraised at $500k+ two years ago.

One of my properties the assessor was kind enough to tax as vacant last year because I had it under construction (have no idea how they even figured that out since it was also vacant before I bought it and being taxed as occupied). That alone dropped a $2700 tax bill down to $800 for last year. The county literally sent me a check for $1900 that I just got in the mail because my bank escrow overpaid the bill...

I like this Kagei guy lol...

^ Once again, this falls in line with the shift of tax burden from residential to commercial, particularly the large scale stuff downtown.

Also, lets not forget that this year's bills are for last year's taxes (2018), when Berrios was still the Assessor.

Anyhow, I wouldn't sing Kraegi's praises just yet.

BrinChi · #**1466** Posted **Jul 18, 2019, 4:45 PM**

Taxes on my condo on the west side went down a few hundred (assessment went down even though market prices in the area have gone up), and the taxes are about the same as my SFH in Bronzeville right now that's worth twice as much.
Taxes on my empty lot down the street from my condo went up about 4%.

TR Devlin · #**1467** Posted **Jul 19, 2019, 8:56 AM**

Very informative article:

Kaegi To Push Ahead On Property Tax Reforms In The Face Of CRE Opposition

ski_steve · #**1468** Posted **Jul 19, 2019, 12:52 PM**

Mine went up 29% in Park West...

Vlajos · #**1469** Posted **Jul 19, 2019, 3:24 PM**

Quote:

Originally Posted by ski_steve

Mine went up 29% in Park West...

Mine went up almost $1000 in Lincoln Square. Pretty bad considering there is no improvement in city services.

Sohcatoah · #**1470** Posted **Jul 19, 2019, 4:02 PM**

https://chicago.curbed.com/2019/7/19...ce-cox-detroit

Interesting. Sounds like a guy with the right attitude. Curious to see what changes he will make.

the urban politician · #**1471** Posted **Jul 19, 2019, 4:20 PM**

^ Good attitude in what way?

the urban politician · #**1472** Posted **Jul 19, 2019, 4:23 PM**

I don't know much about the guy, but I like this part:

Quote:

Cox formerly held public office as a council member and mayor for Charlottesville, Virginia, from 1996-2004.

Under his leadership, Charlottesville completed several design initiatives, including an award-winning zoning ordinance in support of mixed-use, pedestrian-oriented development; new infill residential neighborhoods and mixed-income, higher-density housing; and the design of a two-mile parkway entrance into the city.

the urban politician · #**1473** Posted **Jul 19, 2019, 4:30 PM**

Quote:

Originally Posted by Vlajos

Mine went up almost $1000 in Lincoln Square. Pretty bad considering there is no improvement in city services.

Of course there was. The CTU got a raise

Steely Dan · #**1474** Posted **Jul 19, 2019, 4:34 PM**

Quote:

Originally Posted by Vlajos

Mine went up almost $1000 in Lincoln Square.

uhhhhhhh, thanks for picking up the slack, i guess

is it maybe a SFH vs. condo issue? is the county going after SFH's harder and giving condo dwellers a break?

Sohcatoah · #**1475** Posted **Jul 19, 2019, 4:42 PM**

Quote:

Originally Posted by the urban politician

^ Good attitude in what way?

I was thinking these comments in particular:

"In Detroit, Cox is known for leading the city’s initiative for “20-minute neighborhoods” which means residents have everyday necessities all within a reasonable distance. His focus has largely been on creating neighborhoods that residents want to stay in long term by improving streets, parks, and amenities. "

And "The New York-raised Cox is also tough on developers and architects. He isn’t afraid to make them “go back to the drawing board,” Crain’s Detroit said. ... Cox’s rigorous standards for design and his concern for neighborhoods are two qualities that have the potential to change Chicago in a big way. "

I know that last comment could be interpreted poorly on this forum, but I do think that having rigerous standards is good with the new developments incoming so we don't get a bunch of uninspired buildings.

Vlajos · #**1476** Posted **Jul 19, 2019, 5:05 PM**

Quote:

Originally Posted by Steely Dan

uhhhhhhh, thanks for picking up the slack, i guess

is it maybe a SFH vs. condo issue? is the county going after SFH's harder and giving condo dwellers a break?

That could be it, i just don't know

Steely Dan · #**1477** Posted **Jul 19, 2019, 5:10 PM**

Quote:

Originally Posted by Vlajos

That could be it, i just don't know

it's so weird, right?

we both live in the same neighborhood not far away from each other and own bigger (by city standards) family-sized homes, but you're in a SFH and your taxes go up $1K, and we're in a 3-flat duplex-down and our taxes go down $1.3K.

what gives?

Vlajos · #**1478** Posted **Jul 19, 2019, 5:33 PM**

Quote:

Originally Posted by Steely Dan

it's so weird, right?

we both live in the same neighborhood not far away from each other and own bigger (by city standards) family-sized homes, but you're in a SFH and your taxes go up $1K, and we're in a 3-flat duplex-down and our taxes go down $1.3K.

what gives?

I know. Maybe we were under assessed previously. I will certainly challenge my taxes next time around. I've always been lazy about that.

harryc · #**1479** Posted **Jul 19, 2019, 5:37 PM**

Quote:

Originally Posted by Sohcatoah

https://chicago.curbed.com/2019/7/19...ce-cox-detroit

Interesting. Sounds like a guy with the right attitude. Curious to see what changes he will make.

Shouldn't this be in the discussion thread ?

Sohcatoah · #**1480** Posted **Jul 19, 2019, 5:41 PM**

Quote:

Originally Posted by harryc

Shouldn't this be in the discussion thread ?

Oh you are probably right. Still semi-new to the forum and didn't know there was one.