Property Tax Analysis · Cook County, IL · Tax Year 2025
1841 N ORCHARD ST
CHICAGO, IL 60614
TAX YEAR 2025 · CCAO
Verdict · Your Property Tax May Be Too High
~$3,011,746
above the neighborhood median fair cash value for comparable homes in 60614. Higher than 99% of flagged homes in this zip.
Also supported by purchase price evidence: assessed above your April 2025 sale price of $5,400,000.
Recommended next step
Lower your tax bill — Ownwell handles everything.
No upfront cost — you only pay if you save.
Ownwell's experts gather evidence, file your appeal with the Cook County Board of Review, and represent you at the hearing.
The evidence
This parcel is assessed at $1097.65/sqft. The median for comparable homes in 60614 is $553.03/sqft — 98% above the neighborhood comp set.
This property was purchased for $5,400,000 in April 2025 — an arm's-length market transaction that directly benchmarks the assessment.
FIG. 01 · $/SQFT DISTRIBUTION · 60614 · N=5,895
SOURCE: COOK COUNTY ASSESSOR'S OFFICE · 2025 CERTIFIED DATA
Fair cash value = certified assessed value × 10 (Illinois law: residential properties assessed at 10% of FCV).
What it means
In plain terms: your home is assessed higher than comparable nearby homes, which means your annual property tax bill is likely higher than it should be. You have the right to challenge it.
Two independent signals point to overassessment: your property's assessed value is higher per square foot than comparable homes nearby, and it was assessed above what you paid for it in 2025. That combination is strong evidence to bring to a Board of Review hearing.
The deadline
2025 Board of Review windows are open
Appeal windows vary by township, March–November 2026. Find your township's open window at cookcountyassessor.com. Not sure when your township's window is open? Ownwell monitors your property year-round and files when your window opens.
Prefer to handle it yourself? I'd rather file with the CCAO →