Illinois Property Tax Appeal Lawyer
Serving Those in Naperville, Oak Brook, and the Surrounding Chicagoland Areas
Property taxes for commercial real estate properties are based on the assessed value of the property multiplied by the local tax rate. As property values increased with the real estate boom, so did assessed values and property taxes. With the real estate downturn, many property values have gone down. Unfortunately, many properties remain over-assessed. Consequently, many property owners are paying more in property taxes than may be necessary. At Lindell & Tessitore P.C., we help industrial and commercial property owners appeal inflated property tax assessments and lower their present and future property tax obligations.
Appealing Property Tax Assessments in Naperville and Beyond
Many property owners never question their property tax bill and simply pay it automatically. They are unaware that their local government may have over-assessed the value of their property and may be overcharging them in property taxes. Even those who suspect their property tax bill is too high do not know how to correct the problem and are uncertain how to begin the process. At Lindell & Tessitore P.C., we take the uncertainty out of the process. We are experienced in handling property tax appeals. We can present the necessary evidence to have the assessed value of your home, industrial or commercial property lowered and your property tax liability reduced.
Negotiating Property Tax Reductions
Appealing a property tax assessment is often a negotiation. Even if the assessor accepts that your property has been over-assessed, the outcome may not be straightforward. Potential remedies for a successful property tax appeal include:
- Receiving a lump-sum refund settlement for overpayment of the current year’s property tax
- Receiving a refund settlement spread over several years in the form of discounted or exempted property taxes until the repayment is fulfilled
- Receiving a lower assessed property tax liability for future tax years
- Receiving a fixed property tax assessment for a negotiated number of years
Attorney Dennis P. Lindell is an experienced negotiator who understands how to protect his clients’ interests in the short term and the long term. If you believe you may be paying more than you should in property taxes, contact us to schedule a consultation to discuss your situation. There is a narrow window in which property taxes for the current year can be appealed, so don’t wait to contact us and begin the process. We serve Naperville, Plainfield, Oswego, Aurora, Lisle, Winfield, Wheaton, St. Charles, Geneva, Batavia, Yorkville, Downer’s Grove, Warrenville, Romeoville, Joliet, Bolingbrook and the greater Chicagoland area.