Real Estate Tax

Real estate taxes are among the most significant—and unpredictable— expenses for owners and tenants of commercial and industrial property. Whether for small businesses or multi-national corporations, real estate taxes often represent the highest cumulative tax burden across federal, state, and local levels. Accordingly, ensuring that assessments are both accurate and equitable is a critical financial priority.

At RFC, our Real Estate Tax team provides trusted, strategic counsel throughout the complex and often protracted real estate tax appeal process. From administrative reviews to judicial proceedings, we partner with clients to pursue fair, uniform assessments aligned with those of similarly situated properties.

Our services include:

  • Appeals: Representation before local assessors, the Illinois Property Tax Appeal Board (PTAB), and Circuit Courts.
  • Vacancy Relief: Securing relief for properties facing significant vacancy, construction, or rehabilitation periods.
  • Tax Planning: Developing strategies and projections for long- term assessment predictability.
  • Incentive Programs: Assisting Cook County businesses in applying for available property tax incentive classifications.
  • Exemption Applications: Representing qualifying not-for-profit organizations in applications for property tax exemptions before the Illinois Department of Revenue (IDOR).
Skip to content