What are Comparable Properties?
Homes that are similar should therefore have comparable assessed values
If homes have similar characteristics, they should have corresponding market and assessed values. To determine if your home has been assessed equitably, you can compare its assessment with other homes that share comparable features. Comparing the assessed value of your home with other homes that have similar attributes is a method to verify if an assessment is equitable or consistent.
For two homes to be comparable to each other, they must be similar in:
- location (township and neighborhood)
- property class code
- age
- building square footage
- land square footage
- like type of construction
How do I find comparable properties to mine?
Complete the form on the following page. A list of comparable homes will be delivered to your email in-box along with easy-to-follow instructions on how to "file your appeal on-line" yourself. It is all free as a courtesy of OPRFCBN.
Note: you will need your property identification number (PIN) to receive your list of comparable properties. Click on the link below to acquire your PIN and you will be directed to the Cook County Assessor's website.