Average Savings and Success Rates for Cook County Property Tax Appeals in 2024 and 2025

Jan

27

Cook County Illinois property tax appeal overview for 2025 with average success rate and assessment reduction statistics.

Many Cook County property owners save money by appealing their property taxes. In 2024 and 2025, success rates typically ranged from about 40 percent to 65 percent. When appeals were approved, property owners often received lower assessments and smaller tax bills.

How Much Can You Save With a Cook County Property Tax Appeal

One of the first questions property owners ask is how much they can actually save. The average savings property tax appeal Cook County owners see depends on property type, location, and how over assessed the property is.

For homeowners, the average savings property tax appeal Cook County residential properties achieve is often several hundred dollars per year. In some cases, savings can reach a few thousand dollars. These savings usually come from correcting a home value that is higher than similar homes nearby.

For commercial property owners, the savings are often larger. Because commercial properties have higher assessed values, even small reductions can lead to significant tax savings. The average tax savings property tax appeal Cook County commercial properties see can be thousands of dollars each year.


Average Property Tax Reduction and Reduction Percentage

Savings come from lowering the assessed value of a property. When an appeal is successful, the average property tax reduction Cook County appeals produce can have a real impact on yearly costs.

The cook county property tax appeal average reduction percentage often falls between 10 percent and 20 percent. This depends on the property type and the strength of the appeal. Properties that are clearly over-assessed may see even higher reductions.

This is why many owners look at the average reduction in property tax appeal Cook County results before deciding to file. Even a smaller reduction can add up to meaningful savings over time.


Cook County Property Tax Appeal Success Rates in 2024 and 2025

Appeals in recent years have shown solid results. Based on past appeal results, the Cook County property tax appeal success rate 2024 2025 generally ranged from about 45 percent to over 60 percent.

Success rates vary by property type. Residential properties often see success rates between 50 percent and 65 percent, especially when nearby homes are assessed lower. Commercial properties tend to see success rates between 40 percent and 55 percent when income and expense data supports the appeal.

Looking at property tax appeal success rates 2024 or 2025 Cook County Illinois data, many property owners who filed appeals received some level of reduction.


What to Expect From Cook County Property Tax Appeal Success Rates in 2025

Early trends suggest cook county property tax appeal success rates 2025 will stay similar to prior years. Reassessments and market changes continue to create new appeal opportunities.

This makes it important for property owners to review their assessments each year. Many people pay more than they should simply because they never check their values.


Final Thoughts

When you look at the average savings property tax appeal Cook County owners achieve, along with success rates that often exceed 50 percent, appealing makes sense for many property owners.

If you own a home or commercial property in Cook County and want to see how much you could save, visit Cook County Tax Appeals today. Review your assessment, explore your appeal options, and take the next step toward lowering your property tax bill.