Click the purple “Your Property Tax Overview” button on the Cook County Treasurer’s website, input your home address or a 14-digit Property Index Number, and see if you qualify for an immediate refund.
According to NBC Chicago report, the payment of $30.5 million in “automatic refunds” to more than 9,000 property owners who overpaid their first property tax payments has been started by Cook County Treasurer Maria Pappas. The goal of the streamlined procedure is to provide financial assistance without the need for onerous paperwork. Over the course of the next three months, most recipients should get direct payments for around 48% of the reimbursements. Property owners who made a larger payment in their first installment than the total amount owed for the year are qualified. Nearly 4,000 homeowners who made payments through banks or mortgage escrow accounts will receive postal refund checks, while 1,900 homeowners who made payments online will receive electronic transfers. The reimbursement procedure for more than 2,900 households that made cash or check payments includes electronic transfers or mailing refund requests to guarantee accurate and timely refunds. The majority of refunds, according to the treasurer’s office, will help homeowners who qualify for property tax exemptions, therefore lowering the total amount of taxes due. This calculated approach helps those who have previously paid their first installment and may now qualify for exemptions. “Automatic refunds” demonstrate a dedication to a simple and easy-to-use refund procedure, offering much-needed respite to Cook County property owners who were overpaid.