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Updated about 9 years ago,

User Stats

64
Posts
8
Votes
Zulf H.
  • Investor
  • Chicago, IL
8
Votes |
64
Posts

Lower Property Taxes by an attorney - Chicagoland Area

Zulf H.
  • Investor
  • Chicago, IL
Posted

Hi BP Members :

Hope you all are doing well. I recently bought a 9 unit bldg. and the previous owner had used an attorney to lower their assessed tax value. It was a 3 year commitment where they would pay the firm a portion of the saving. I have several other properties and I have not been doing the appeal. I am probably going to start working with someone to get the value assessed on all my other properties to see if I can save some money. Below are my questions:

1) Is this something I can do myself? Is it easy? I don't have a lot of free time but if its a simple process I don't mind doing it as I would save significantly since I have multiple properties.

2) Can you recommend any attorneys or firms that are good and focus in the Chicago area.

3) What is the average fees or % of savings that I should pay to these attorneys?

Thanks for your help!

Zulf.

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