For over 30 years, Maher, Brannigan & Heywood, P.C. has limited its practice to real estate taxation matters in Illinois. Maher, Brannigan & Heywood, P.C. actively pursues the lowest lawful possible real estate taxes for commercial, industrial, multi-residential, and residential properties. The law firm performs the following services for its clients when pursuing real estate tax relief:
- Reviewing and analyzing the assessment and the property record card for the property.
- Monitoring the assessment and the scheduled reassessment for the property so that a client will be advised when an appeal may be warranted.
- Consulting with MAI and state certified appraisers who are recognized for their expertise in the valuation of real estate for taxation purposes.
- Obtaining the best evidence available and developing arguments for each property to achieve the best possible result.
- Pursuing all lawful remedies available for the client.
Major Suburban Industrial Facility Receives a 62% Decrease in Proposed Property Taxes
Maher, Brannigan & Heywood, P.C. zealously advocated on behalf of a large suburban industrial property owner to significantly reduce the taxable market value from $72,000,000 to $27,000,000 using market-based evidence.
This significant reduction resulted in the taxpayer paying 62% less than they would have based on the original proposed.
This three-year reduction provided the …
New Construction Office Tower in the Fulton Market District Avoids Back Taxes
Attorneys at Maher, Brannigan & Heywood, P.C. were successfully able to use affirmative defenses enshrined in the Illinois Property Tax Code to assist a commercial office client avoid paying back taxes when an omitted assessment was erroneously levied against the property.
The property was given a notice that it has a taxable market value of nearly $10,000,000 and a potential tax liability …
Gold Coast Hotel Granted Significant Property Tax Reduction to Survive Economic Downturn
Lawyers at Maher, Brannigan & Heywood, P.C. using an income approach to value were able to secure relief on behalf of a large hotel owner in Chicago’s Gold Coast.
The property’s taxable market value went from approximately $56,000,000 to $13,000,000 resulting in over $2,000,000 in property tax savings.
MBH, P.C. attorneys also have been able to secure approximately $40,000 to $50,000 in …
MBH, P.C. Secures Nearly $5,500,000 in Property Tax Savings Over the Tri for a Loop Data Center
Using an MAI written appraisal report, the attorneys at our firm were able to obtain a favorable decision for a unique property type situated in Chicago’s central business district. The valuation of a data center can be extremely nuanced and MBH, P.C. took an approach unique to this property type. The result was favorable for the client and provides them with the property tax stability they need …
Southwest Suburban Homeowner has Taxable Market Value Reduced from $2,250,000 to $1,371,200
MBH, P.C., using Article 9 Paragraph 4 of the Illinois Constitution of 1970, successfully argued for a reduction in the homes value based on the uniformity clause.
This reduction resulted in a one year’s tax savings of $20,000 and approximately $60,000 over the triennial period.