The easiest and largest benefit available to Illinois businesses is the right to apply for a reduction of real estate taxes. Good business people focus on holding down payroll expenses, benefit costs, the price of goods purchased and vendor charges. Yet a surprising number of owners and managers neglect to adequately challenge and reduce their properties' real estate taxes.
Cook County offers special property tax incentives for property anywhere in the county.
Multiple Taxing Bodies. Favorable Fee Structure. Tax Reductions and Refunds. A successful appeal results in reducing the next year's tax bill. If successful and when confirmed by the Circuit Court, this results in a retroactive tax refund.