The Downers Grove Township 2010 publication of the Supervisor of Assessment factor of 0.9421, along with the list of changed assessments will be in the following newspapers issues:

• Downers Grove/Westmont Reporter – September 15, 2010

• Hinsdale Doings and Weekly Doings – September 16, 2010

• Clarendon Hills Doings – September 16, 2010

• Suburban Life Newspapers – September 17, 2010

Changed assessments are those that have experienced changes to the property, i.e., new construction, demolition or a reassessment for uniformity or market value purposes. If the parcel number you are searching out is not on the list, most likely that parcel’s assessment has only received the Supervisor of Assessment factor of 0.9421.

Once published in the newspapers, you may refer to our Parcel Search for the 2010 assessed value of all parcel numbers beginning with 09 or 10.

After publication, a property owner has 30 days to file an appeal with the DuPage County Board of Review. The deadline for filing a appeal is October 18, 2010; mailed appeals must be post-marked on or before the deadline.

Appeal forms may be downloaded from the Supervisor of Assessments and Board of Review website.

Please be patient with us! There are over 58,000 parcels in Downers Grove Township. During this time we receive 100’s of phone calls and emails. It may take our office time respond to your inquiries due to our limited staff. Please know, however, we are more than willing to assist you and, if possible, resolve matters at the Township level to save you the time and expense of a formal hearing before the Board of Review.

To follow the Assessor’s Office posts, events and news,  Subscribe to our RSS Feed.

There have been a few changes in the assessment history of our Township. Here is an update on our Township’s assessment history:

The parcel count indicates higher density occurring in our Township; less rural land, more multiple-family dwellings. The assessed value has more than doubled! Certainly the market from 2000 through 2007 was booming, as indicated by the substantial increase in assessed value.

In 2008 we saw the market begin to slow down and decrease. Below is a study of the single-family house sales in our Township from 2005 through 2009:

The peak year was 2007, with the market in 2008 and 2009 declining. Comparing 2009 with 2007 there was a 16.85% decrease in the median sale price. There was an 18.47% decrease in the average sale price, in keeping with the national average.
(The national average as reported by the National Association of Realtors.)

As market values fall you may ask, “Why is my assessment not falling at the same rate?” The answer is in how the assessment process works in Illinois.

It is based on the prior three years of sales to assessment ratios to determine the current year’s assessment, which is governed by State Statute and by the Department of Revenue.

In 2008 our equalization factor, which is applied to all parcels within the Township’s boundaries, was 1.059. The three prior years were healthy market years and assessments needed to increase almost 6%. However, in 2009 Downers Grove Township’s equalization factor was 1.000, meaning the 2009 assessment was the same as 2008, unless there was a reassessment of a parcel for some reason. The three prior years indicated no increase or decrease was to be applied to assessments.

If your assessment was the same in 2008 and 2009, any increase in your tax bill was due solely to a greater demand from the some or all of the taxing bodies listed on your tax bill.

Theresa A. Cockrell – Assessor

The FINAL 2009 ASSESSED VALUES are now available in our Parcel Search.

The parcel data and values were update on Tuesday, March 23rd, 2010.

The assessments displayed are the FINAL 2009 ASSESSED VALUES, which include Board of Review decisions, as well as Township, County and State equalization and the Supervisor of Assessments 2009 factor of 1.000.

• All fees are subject to change without notice

• Credit cards not accepted

• We only accept cash or check, make checks payable to Downers Grove Township Assessor’s Office

• Returned check fee $25.00

Fees are as follows:

• There is no cost for the first 50 pages, thereafter each page is $0.15

• Plat Pages – $2.00 per page

• Mailing Fee – $3.00

The last date to file an appeal with the Board of Review is Monday, October 26th, 2009. All appeals must be postmarked by that date.

The 2009 assessed values are now available in our Parcel Search.

The parcel data and values were update on Monday, September 21st, 2009.

The assessments displayed are the 2009 Township Assessor values, which include the Supervisor of Assessments 2009 factor of 1.000. These assessments remain subject to Board of Review action and State equalization.

We apologize the equalized assessed values (EAV) are not available to display this year. You may want to call the County Clerk to obtain the information. The 2009 Supervisor of Assessment multiplier of 1.000 was applied to all parcels in Downers Grove Township. The 2008 EAV multiplied by 1.000 will be a reasonable estimate of the 2009 EAV in your district.

To download the new construction report, please click on the link below.

New Construction Report 2009

The Downers Grove Township 2009 publication of the Supervisor of Assessment factor of 1.000, along with the list of changed assessments will be in the following newspapers issues:

Downers Grove/Westmont Reporter – September 23, 2009
Hinsdale Doings and Weekly Doings – September 24, 2009
Clarendon Hills Doings – September 24, 2009
Suburban Life Newspapers – September 25, 2009

Changed assessments are those that have experienced changes to the property, i.e., new construction, demolition or a reassessment for uniformity or market value purposes. If the parcel number you are searching out is not on the list, most likely that parcel’s assessment has only received the Supervisor of Assessment factor of 1.000, meaning the assessment has not changed from the 2008 value.

Once published in the newspapers, you may refer to our Parcel Search for the 2009 assessed value of all parcel numbers beginning with 09 or 10.

After publication, a property owner has thirty days to file an appeal with the DuPage County Board of Review. The deadline for filing a appeal is October 26, 2009; mailed appeals must be post-marked on or before the deadline.

Appeal forms may be downloaded from the Supervisor of Assessments and Board of Review website.

Please be patient with us! There are over 57,000 parcels in Downers Grove Township. During this time we receive 100’s of phone calls and emails. It may take our office time respond to your inquiries due to our limited staff. Please know, however, we are more than willing to assist you and, if possible, resolve matters at the Township level to save you the time and expense of a formal hearing before the Board of Review.

The Assessor’s Office is preparing to wrap up the 2009 assessments. If you have any information, i.e., a sale, a listing or any information you would like us to review for an assessment adjustment, now is the time to mail/email it to us. You do not have to wait until the publication in the newspaper or the 30 day period to file with the Board of Review. In many cases we are able to review and adjust an assessment right here, saving the property owner the time and expense of having to go to the Board of Review for a hearing.

Also, a reminder that the second installment of the 2008 tax bill is due September 1, 2009.

Have a pleasant summer!

Theresa Cockrell
Assessor