(773) 763-6750

J. Chie, Esquire

Our law firm provides legal work for real estate closings for over 30 years… What distinguishes Chicago Commercial Appraisal Group from other appraisers is the level of thoroughness and details.

A. Raila, Senior Tax Analyst

Gary is a hands-on professional always willing to pick up the phone and work with you... His appraisal firm produces one of the best real estate forecasting reports in the state. I highly recommend his work and his opinion is highly recognized by governmental agencies.

J. Norris, Property Tax Attorney

As an attorney, we deal with many appraisal reports used in tax appraisals. Gary's work has proven successful for our clients and I do not hesitate recommending him for tax assessment appeal appraisals.

C. Noone, property owner

I needed an appraisal for settling an estate. Mr. Peterson was very professional, punctual and helpful with the process. I received my report ina timely manner. I would certainly recommend this company, as well as use their services in the future.

J. Tsiaousis

Gary is one of the top commercial appraisers in Chicago. Every time I have a client in need of a commercial appraiser I refer all work to him without hesitation.


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Cook County Property Tax Bills Will Be Delayed This Year

The second installment of Cook County’s property tax bills could be substantially delayed this year.

 

While the Assessor, Fritz Kaegi, published the initial assessments out on a reasonably timely basis, computer issues are delaying his response to assessment appeals.   Cook County has an antiquated computer system that Kaegi ordered updated.   The Assessor’s office should have arguably waited until the software was ready, which it obviously was not.  This is now creating a major problem.

 

Property tax appeals go through several stages and nothing has been able to move forward.  The Assessor’s office has generally been almost wrapped up by year end and they haven’t even started the appeal responses.  The Board of Review hasn’t been able to move forward with any appeals of the Assessors’ review.  Property owners are entitled to challenge their assessments which frequently involve property tax attorneys and property tax appraisers.  This is a legal entitlement and cannot be eliminated.

 

Property tax bills cannot be issued until the review process is complete.  Taxing bodies such as school districts may need to borrow money just to stay afloat until the property tax money arrives.  Cook County hasn’t faced this problem since 2010.