All of the Chicagoland counties have experienced a decline in assessed property values. Something tells me that the lowered assessment value will have little impact on a lowered property tax bill for 2011.
DuPage County property assessments continue falling
By Robert Sanchez Residential property assessments in DuPage County, which are used to determine next year’s tax bills for homeowners, have fallen by nearly 7 percent due to the struggling housing market. But the downward trend doesn’t translate into …
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