Comparable properties, often called “comps,” are similar properties used to show that your assessment may be too high.
Strong comparables typically have:
Similar square footage
Similar property type
Similar age and condition
Close location to your property
You can research properties by:
Address
P.I.N.
Reviewing public property record information
For commercial properties, additional factors may include income, vacancy rates, and building class.
Selecting the right comparables is one of the most important parts of a successful appeal. Cook County Tax Appeals can identify strong comparisons and present them clearly to the Board of Review.