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Property Tax Seminar
Wednesday, October 19, 2011
5:30pm-7:30pm
Vernon Township Community Services Building
2900 N. Main Street, Buffalo Grove
Please join State Representative Sid Mathias, Lake County Chairman David Stolman, Vernon Township Assessor Gary Raupp and Lake County Assessor Martin Paulson for information on how to reduce your property taxes by better understanding the appeals process.
Bring your questions - get your answers.
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Property tax assessment cards are in the process of being mailed to our area.
While I don't have a role in determining your assessment, I am here to act as your advocate and help you learn about the appeal process.
Vernon Township residents will receive their assessment cards in the next week or so.
You only have 30 days to appeal your assessment from the date it was mailed.
Please use the infomation below to learn about the process. Don't hesitate to contact your township assessor or myself for more information! |
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How Do I Get Help In This Process?
The first thing I would do is call your Township Assessor. Find your Assessor here.
Vernon Township
Gary Raupp
(847) 634-4602 |
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Am I Over Assessed?
Check the Accuracy of your Assessment
There are two ways to check the accuracy of your assessment.
- Go to the Chief County Assessment Office assessment website and see if your assessment valuation is similar to comparable properties. This site will show recent qualified sales for assessment purposes.
- You can obtain a property appraisal from a state licensed appraiser.
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Reasons for an Appeal
You have a reason to appeal if you can support any of the following claims:
- The assessment is based on a factual error (e.g. incorrect square footage).*
- The assessment is greater than 1/3 of the property's recent sale price.
- The assessment is greater than 1/3 of the property's market value.
- The assessment is higher than the assessment of comparable properties.
- Matters of law (e.g. carrying forward prior year residential appeal results, preferential assessment and farmland valuation).
*In this event, a Certificate of Error may be issued by the township assessor's office with the concurrence of the Board of Review, even after the tax bill is received.
Appeal Forms |
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Evidence You Need
To support your claim of an unfair assessment you will need substantial evidence, some of which may be obtained from your township assessor, the Chief County Assessment Office, from a professional appraiser hired at your own expense or through your own research. Pertinent evidence for non-farm property should include some or all of the following:
- A copy of the Real Estate Transfer Declaration, a deed or a contract for purchase.
- An appraisal of your property.
- A list of recent sales of comparable properties (photographs and property record cards should be presented, as well as some evidence of the sale price).
- A photograph of elements detracting from the value of your property not shown on the property record card and an estimate, in terms of dollars, of their negative effect on the market value.
- If your appeal is on uniformity of assessments; information on the comparable properties.
- A copy of your property record card.
- Recent sales, comparable properites and an overview of your property can be found at the Lake County Chief Assessment Officer's website (click here).
Taxpayers may file an appeal of their assessed valuation with the Lake County Board of Review no later than 30 consecutive days from the actual publication date for your township. All appeals must be on the prescribed forms. Late filings cannot be accepted.
For appeal forms, instructions, and the Rules and Procedures of the Board of Review, visit www.lakecountyil.gov/boardofreview or call (847) 377-2100 for more information. |
