Kaegi jacks up assessments on south suburban landlords

After jacking up assessments on commercial properties in the northern Chicago suburbs in 2019, Cook County Assessor Fritz Kaegi has delivered a repeat performance south and west of the city this year.

Kaegi’s office assessed all non-residential property in the south and west Cook suburbs at $5.25 billion, up 56 percent from 2019, according to data from the assessor’s office. The total assessed value of residential real estate in the suburbs rose 8 percent, to $8.42 billion… Please click here to read  Alby Gallun ‘s story in Crain’s.

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