Cook County Assessor Fritz Kaegi released the initial assessments of residential and commercial properties in South Chicago Township on October 29, 2024. The Assessor’s Office reassesses one-third of Cook County every year. Chicago was last reassessed in 2021. “I strongly encourage property owners to review their reassessment notice to ensure their property characteristics and market value reflect their home,” said Assessor Fritz Kaegi. “It is important to understand that assessments in Cook County reflect market value over the last three years. My office will be hosting a virtual workshop to assist property owners and explain reassessments in their community.” The total assessed value in South Chicago Township grew 25%, which reflects three years of real estate market changes. Appeals for South Chicago Township must be submitted by December 12, 2024. South Chicago is the final township of the 2024 Chicago reassessment. After all appeals are processed and final assessed values are certified, the Assessor’s Office will release data showing the effect of the reassessment. The Valuation Reports for South Chicago Township can be found at: cookcountyassessor.com/valuation-reports.