Anyone who has ever owned property in Illinois understands that there exists a potentially never-ending cycle of property tax appeals and assessments because real estate is subject to being re-evaluated or re-assessed either on a 3-year or 4-year cycle depending on which county the property is located. Even further, if there are changes made to the use of, or any structure on, the property, the county may reassess the value of the property up or down based on any such changes Read the article………………………..
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