The triennial reassessment in the City of Chicago refers to the process by which the Cook County Assessor’s Office reassesses the value of all properties in the city every three years. The last reassessment of property in the City of Chicago was in 2021. The reassessment determines the fair market value of properties, which is crucial for calculating property taxes.
For specific details about the most recent triennial reassessment or to check the assessed value of a property, you can visit the Cook County Assessor’s Office website or contact our office for a complimentary property evaluation.