What Reassessments in Berwyn Mean for Property Owners

Courtesy of Cook County Assessor Fritz Kaegi Berwyn property owners received assessment notices from my office this week. As your County Assessor, ...

May 12, 2023
1:08 AM

Courtesy of Cook County Assessor Fritz Kaegi Berwyn property owners received assessment notices from my office this week. As your County Assessor, I'd like to explain what this means. We reassess one-third of Cook County each year. We last assessed Berwyn in 2020 and must do so again this year. By law, assessments are based on market value. Our algorithmic model used the more than 400 homes in Berwyn sold during the last three years to value your property, which considered location, square footage, and other factors.

Editor