Category: Real Estate Law
Property Tax Update – 1.25.2022
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. Below are key updates as the 2021 session progresses. Cook County: The Assessor has officially closed all townships in Cook County for 2021. However, as of this writing, only
Property Tax Appeals Update
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. Below are key updates as the 2021 session progresses. Cook County: The Board of Review has officially opened for 2021 appeals. Group 1 consists of Norwood Park, Oak Park,
Property Tax Appeals Update
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. We’re proud to announce that our real estate tax appeals throughout the 2020 session resulted in a sum total of $2,653,584 in tax dollar savings for our commercial and
Despite Uncertain Future for Illinois Eviction Moratorium, Rental Assistance Remains
The Illinois Supreme Court announced an amendment to Order M.R. 30370, which extended the temporary stay on certain residential eviction trials and dispositive motions to September 18. The previous order was set to end on September 1. The amended Order also includes provisions that exempt cases where rental assistance is clearly not viable and there
Property Tax Update
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. As the 2021 appeal session progresses, we wanted to give you an update on the conclusion of the 2020 session, what to expect in 2021, and key dates to
Property Tax Appeals Update
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. As the 2021 appeal session progresses, we wanted to give you an update on the conclusion of the 2020 session, what to expect in 2021, and key dates to
Eviction Moratorium to Be Phased Out, Rental Relief Program Begins
At the end of May, Governor Pritzker signed a bill that expands rental assistance for Illinois households. The new law creates a $1.5 Billion rental relief program to aid families and individuals with unpaid rental debt from the COVID-19 pandemic. Pritzker’s eviction moratorium went into effect in March of 2020 and has prevented mass evictions
Property Tax Appeals, Exemptions & Incentives
Our real estate tax team at Rock Fusco & Connelly continues to work hard fighting to keep your property tax bills as low as possible. As the 2021 appeal session gets underway, we wanted to give you an update on where we are in the 2020 appeal session, what to expect in 2021, and dates
Federal Judge Rules CDC’s Pandemic Eviction Moratorium Unconstitutional
A federal judge in Texas ruled late last month that the Center of Disease Control’s (“CDC”) eviction moratorium to let people stay in their homes despite their lost income during the coronavirus pandemic is unconstitutional. With millions of tenants throughout the United States behind on rent, this ruling could potentially have severe consequences for millions
Lightfoot’s New Budget Includes Property Tax increase
The Chicago City Council voted to approve Mayor Lori Lightfoot’s $12.8 billion budget plan, including a $94 million property tax increase. The budget was passed on November 24th, which was followed by the property tax levy that then passed by a 28-22 vote. The property tax increase goes into effect in 2021 and includes an