BCG Real Estate Group

Property tax bills aren't random math. Cook County has a very specific formula, and once you understand it a lot of things start to make sense. We broke it down, including what the $250k veteran exemption actually means in practice and how it works on multi-unit properties.

www.doraziorealestate.com/blog/how-your-chicago-property-tax-eav-is-actually-calculated-and-what-veterans-need-to-know

Understanding Your Chicago Property Tax Bill: EAV Formula & Veteran Limits — Dorazio Real Estate Step-by-step breakdown of Chicago's EAV calculation: Market Value × 10% × state multiplier - exemptions. Includes veteran disability exemption limits and how the pro-rata method works for rental properties in Cook County.

🔑 𝐎𝐏𝐄𝐍 𝐇𝐎𝐔𝐒𝐄 𝐭𝐡𝐢𝐬 𝐒𝐚𝐭𝐮𝐫𝐝𝐚𝐲! - 𝟔𝟏𝟏𝟏 𝐒 𝐄𝐛𝐞𝐫𝐡𝐚𝐫𝐭 𝐢𝐧 𝐖𝐨𝐨𝐝𝐥𝐚𝐰𝐧

This updated 2-flat offers steady rental income with the option to live comfortably in a large, renovated owner’s unit upstairs, plus a 2-1 rate buydown option available to help ease early cash flow. A deal that works today, with room to improve over time.

Near the University of Chicago and the future Obama Presidential Center, the area is supported by sustained investment and durable long-term demand. Come check it out!