Dan Ganzer, Chairperson, Village of Lemont Heritage Corridor & Outdoor Recreation Commission | Linkedin
Dan Ganzer, Chairperson, Village of Lemont Heritage Corridor & Outdoor Recreation Commission | Linkedin
During 2023, the latest valuation data available, the city recorded a total of 116 residential property valuations, culminating in a median property valuation of $30,759. Data shows this is a 47.7% decrease from the 222 registered in the previous year.
In 2023, the residential property with the highest valuation in Lincolnwood was located at 4833 Pratt Ave, valued at $93,296. The second and third highest valuations were at 7308 N Karlov Ave and 6615 Lawndale Ave, valued at $66,045 and $63,253, respectively.
Cook County faced a 2.7% decrease in residential property taxes in 2021, with the 2023 median property valuation of $20,244 serving as a guideline.
Property tax assessments in South suburban Cook County have skyrocketed, with some homeowners facing increases up to 650%. This has led to widespread concern, as articulated by Jami Flaws from Lyons Township, who fears such hikes will force many from their homes. Residents say the tax assessment increases don't match the market values of their homes.
"We probably won't be able to sell our homes because they aren't even close to what the assessment says," Flaws said.
Due to privacy and security concerns, some addresses were not fully disclosed.
For accurate comparisons, property valuations prior to 2023 have been adjusted using average CPI inflation to reflect 2023 dollars.
This story was found on BlockShopper.
| City | Median Valuation (2023) | Median Valuation (2022) | Assessment Change % | Property Tax Change % |
|---|---|---|---|---|
| Equestrian Estates | $85,565 | $49,156 | 74.1% | 78.7% |
| Crestwood | $17,099 | $10,706 | 59.7% | 34.3% |
| Rosemont | $47,336 | $31,837 | 48.7% | 49.5% |
| Elmhurst | $20,601 | $15,625 | 31.8% | 42.1% |
| Forest View Estates | $46,236 | $37,765 | 22.4% | 23.2% |
| Elk Grove Village | $24,453 | $20,007 | 22.2% | 15.6% |
| Lemont | $35,463 | $31,209 | 13.6% | 8.6% |
| Richton Park | $13,302 | $11,871 | 12.1% | 1.2% |
| Prospect Heights | $28,190 | $25,230 | 11.7% | 7.8% |
| Equestrian Woods | $79,289 | $70,959 | 11.7% | 35.3% |
| Schaumburg | $20,234 | $18,157 | 11.4% | -0% |
| Lynwood | $16,446 | $14,791 | 11.2% | 9.1% |
| Willow Springs | $27,947 | $25,226 | 10.8% | -5.5% |
| Posen | $12,912 | $11,687 | 10.5% | 4.7% |
| Evanston | $34,942 | $31,893 | 9.6% | 2% |
| Glenbrook Countryside | $38,773 | $35,423 | 9.5% | 9% |
| Harwood Heights | $29,292 | $26,997 | 8.5% | 5.7% |
| Orland Hills | $22,858 | $21,155 | 8.1% | -0.1% |
| Lyons | $18,357 | $17,002 | 8% | 17.5% |
| Rolling Meadows | $23,019 | $21,490 | 7.1% | 12.5% |
| Deer Creek | $34,622 | $32,610 | 6.2% | -6.4% |
| South Barrington | $86,060 | $81,023 | 6.2% | -7.7% |
| Alsip | $18,417 | $17,398 | 5.9% | 8.6% |
| Northbrook | $47,855 | $45,307 | 5.6% | 4% |
| Niles | $29,584 | $28,003 | 5.6% | 7.8% |
| Tinley Park | $21,115 | $20,009 | 5.5% | -2.1% |
| Howe Terrace | $48,000 | $45,564 | 5.3% | 0.2% |
| Calumet City | $8,915 | $8,484 | 5.1% | 8.4% |
| Flossmoor | $22,995 | $21,873 | 5.1% | 5.3% |
| Norridge | $29,361 | $28,223 | 4% | 5.6% |
| Country Club Hills | $11,510 | $11,090 | 3.8% | -0.1% |
| Calumet Park | $8,898 | $8,573 | 3.8% | 0.9% |
| Melrose Park | $22,207 | $21,415 | 3.7% | -5.9% |
| Hanover Park | $21,836 | $21,134 | 3.3% | -1% |
| Palatine | $24,106 | $23,360 | 3.2% | -3.3% |
| Fox Hills | $49,400 | $47,885 | 3.2% | 0.4% |
| Orland Park | $28,137 | $27,290 | 3.1% | 0.8% |
| Mount Prospect | $30,538 | $29,624 | 3.1% | 0.8% |
| Lincolnwood | $35,065 | $34,001 | 3.1% | 1.8% |
| Winnetka | $94,924 | $92,323 | 2.8% | 1.7% |
| Oak Park | $37,630 | $36,612 | 2.8% | 0.9% |
| Western Springs | $52,626 | $51,233 | 2.7% | 1.5% |
| Oak Lawn | $19,314 | $18,869 | 2.4% | 1.7% |
| Des Plaines | $22,005 | $21,486 | 2.4% | -1.9% |
| Big Run Acres | $47,739 | $46,683 | 2.3% | -4.8% |
| Arlington Heights | $32,752 | $32,056 | 2.2% | 5.5% |
| Hoffman Estates | $25,691 | $25,154 | 2.1% | 3.1% |
| Harvey | $5,080 | $4,974 | 2.1% | 20.9% |
| Midlothian | $15,151 | $14,839 | 2.1% | -3.6% |
| Elmwood Park | $25,536 | $25,026 | 2% | 3.8% |
| South Holland | $14,984 | $14,702 | 1.9% | -3.9% |
| Lake Park Estates | $32,302 | $31,707 | 1.9% | -16.1% |
| Burbank | $20,043 | $19,683 | 1.8% | -2.9% |
| Brookfield | $25,163 | $24,761 | 1.6% | -3.8% |
| Indian Head Park | $25,103 | $24,754 | 1.4% | 7.7% |
| Countryside | $28,648 | $28,242 | 1.4% | -2.3% |
| Elgin | $17,371 | $17,136 | 1.4% | 7% |
| Stickney | $19,394 | $19,129 | 1.4% | -1.4% |
| Stone Park | $17,982 | $17,727 | 1.4% | -24.6% |
| Bartlett | $23,290 | $22,993 | 1.3% | -4.2% |
| Evergreen Park | $19,111 | $18,857 | 1.3% | 2.2% |
| Westchester | $25,245 | $24,925 | 1.3% | -2.8% |
| Park Ridge | $36,467 | $36,048 | 1.2% | -0.4% |
| Thornton | $10,021 | $9,900 | 1.2% | -6.7% |
| La Grange Park | $33,478 | $33,120 | 1.1% | -4.9% |
| Schiller Park | $20,640 | $20,406 | 1.1% | 3% |
| Broadview | $20,084 | $19,867 | 1.1% | 29.4% |
| Franklin Park | $19,452 | $19,258 | 1% | -4.8% |
| Streamwood | $18,741 | $18,548 | 1% | -0.2% |
| Robbins | $5,493 | $5,442 | 0.9% | 38.6% |
| Hazel Crest | $10,433 | $10,350 | 0.8% | 9.2% |
| Northlake | $18,225 | $18,102 | 0.7% | 4.9% |
| North Riverside | $25,266 | $25,081 | 0.7% | -14.2% |
| Wilmette | $61,161 | $60,906 | 0.4% | 2.6% |
| Berkeley | $20,613 | $20,527 | 0.4% | -4.1% |
| Homewood | $16,730 | $16,672 | 0.3% | 0.4% |
| Palos Hills | $16,512 | $16,465 | 0.3% | 5.1% |
| Goeselville | $24,273 | $24,196 | 0.3% | -16.7% |
| Maywood | $17,663 | $17,626 | 0.2% | -8.6% |
| Bellwood | $18,072 | $18,036 | 0.2% | -2% |
| Phoenix | $4,178 | $4,168 | 0.2% | 46.4% |
| Sauk Village | $5,271 | $5,268 | 0.1% | 4.6% |
| Sherwood Oaks | $38,696 | $38,696 | 0% | -31.7% |
| Hometown | $12,387 | $12,403 | -0.1% | -14.9% |
| Blue Island | $13,337 | $13,367 | -0.2% | -2% |
| Cicero | $18,856 | $18,893 | -0.2% | 4.1% |
| Summit | $17,482 | $17,528 | -0.3% | -11.1% |
| Morton Grove | $30,349 | $30,460 | -0.4% | -3.7% |
| Skokie | $29,748 | $29,862 | -0.4% | -8.6% |
| Berwyn | $21,968 | $22,080 | -0.5% | -1.1% |
| Wheeling | $19,003 | $19,125 | -0.6% | 4.6% |
| Buffalo Grove | $19,883 | $20,006 | -0.6% | 2.5% |
| Lansing | $11,107 | $11,177 | -0.6% | -3.5% |
| Markham | $6,011 | $6,074 | -1% | -7.3% |
| Oak Forest | $19,379 | $19,586 | -1.1% | -1.8% |
| Bridgeview | $19,759 | $19,999 | -1.2% | 5.6% |
| Hickory Hills | $22,962 | $23,259 | -1.3% | -10.6% |
| Park Forest | $6,762 | $6,855 | -1.4% | 0.9% |
| Riverside | $36,696 | $37,342 | -1.7% | 2.2% |
| Matteson | $15,162 | $15,426 | -1.7% | -5.5% |
| Northfield | $55,344 | $56,350 | -1.8% | -9.6% |
| Roselle | $21,459 | $21,871 | -1.9% | 14.8% |
| Dolton | $10,347 | $10,558 | -2% | 1.5% |
| Glenwood | $12,844 | $13,101 | -2% | -1.8% |
| Glenview | $43,607 | $44,531 | -2.1% | -3.3% |
| Southmoor | $42,196 | $43,166 | -2.2% | 4% |
| River Grove | $20,168 | $20,746 | -2.8% | -14.3% |
| Palos Heights | $27,120 | $27,887 | -2.8% | -3.1% |
| Burnham | $10,469 | $10,772 | -2.8% | 10.1% |
| Glencoe | $81,130 | $83,541 | -2.9% | -1.9% |
| Merrionette Park | $12,714 | $13,127 | -3.1% | -9.9% |
| Hinsdale | $84,243 | $87,180 | -3.4% | 2% |
| Ford Heights | $2,786 | $2,889 | -3.6% | -15.3% |
| River Forest | $48,556 | $50,544 | -3.9% | -3.3% |
| Mission Hills Estates | $25,401 | $26,426 | -3.9% | -6.3% |
| Inverness | $54,425 | $56,845 | -4.3% | -13.1% |
| Chicago | $25,080 | $26,223 | -4.4% | -7.1% |
| Dixmoor | $4,763 | $4,980 | -4.4% | -28.4% |
| La Grange | $43,530 | $46,047 | -5.5% | -7.6% |
| Fox Chase Estates | $35,384 | $37,480 | -5.6% | -0.9% |
| Sylvan Woods | $38,879 | $41,211 | -5.7% | 4.4% |
| Forest River | $25,647 | $27,412 | -6.4% | -16.5% |
| Palos Park | $36,237 | $38,790 | -6.6% | -8.9% |
| Worth | $16,782 | $18,220 | -7.9% | -5.7% |
| Hillside | $18,401 | $20,171 | -8.8% | -15.9% |
| Justice | $18,755 | $20,582 | -8.9% | -3.8% |
| Barrington | $37,254 | $40,901 | -8.9% | -4.3% |
| Moorefield Estates | $48,776 | $53,521 | -8.9% | 8.4% |
| Forest Park | $23,963 | $26,333 | -9% | -8.5% |
| Riverdale | $6,559 | $7,278 | -9.9% | -7.3% |
| Olympia Fields | $21,391 | $23,881 | -10.4% | -9% |
| Kenilworth | $122,584 | $138,477 | -11.5% | -17% |
| Chicago Heights | $9,209 | $10,489 | -12.2% | -1.6% |
| Northbrook West | $23,180 | $26,587 | -12.8% | -12.6% |
| Maple Leaf Estates | $55,303 | $66,402 | -16.7% | -22.6% |
| Burr Ridge | $53,479 | $66,435 | -19.5% | -5.1% |
| Chicago Ridge | $11,414 | $14,603 | -21.8% | -23.5% |
| Barrington Hills | $59,338 | $76,950 | -22.9% | -39.4% |
| Cache Lake | $39,912 | $52,393 | -23.8% | -21.7% |
| Steger | $7,723 | $10,495 | -26.4% | -33.6% |
Alerts Sign-up