NEWS CHICAGO: COVID-19 May Impact Real Estate Market Value:

COVID-19 May Impact Real Estate Market Value: All Properties in Cook County Will be Re-Assessed, County Assessor Fritz Kaegi Cites (@Lulaeducate) — Image Created with Adobe Spark Stock Images

COVID-19 May Impact Real Estate Market Value: All Properties in Cook County Will be Re-Assessed, County Assessor Fritz Kaegi Cites

“‘Our job is to estimate the market value of real estate and the crisis has a significant effect on many kinds of real estate,’ Kaegi told WBEZ.” Id.

“This is truly a momentous change in Cook County and timely given the anticipated changes coming to the local real estate market. The real estate appraisal community that I represent in RICS will be ready to help all property owners and their legal representatives interpret the results of Mr. Kaegi’s efforts.”

Kaegi, Transparency, & Market Valuation

“‘We know that so many people’s lives have been turned upside down in this crisis,’ Kaegi said. ‘That building owners and tenants are working together, figuring out what accommodations they can make, and we want to make sure that we are being good partners in that process, that we’re reflecting the real circumstances out there that everyone is facing.’” Id.

Property Tax Assessment in Cook County Explained in this 43 page report. [7]

Resources Consulted

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Frmr. Dir. of Presentations, Athena.Trade | E Media Group | Educator|ADD/ADHD Coach |M.Ed. |Writer | MLAW |Founder of MinED & Lula & CO|Mom (14yo Gmer./Writer)

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Jenny Balliet

Jenny Balliet

Frmr. Dir. of Presentations, Athena.Trade | E Media Group | Educator|ADD/ADHD Coach |M.Ed. |Writer | MLAW |Founder of MinED & Lula & CO|Mom (14yo Gmer./Writer)

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