Commercial Property Tax Appeals

How do commercial property tax appeals work?

A commercial appeal challenges the assessed value assigned to an income-producing or business property. The right evidence depends on the asset. A warehouse, shopping center, apartment building, and owner-occupied storefront should not be analyzed the same way.

What evidence supports a commercial appeal?

Commercial cases may use recent arm's-length sales, comparable assessments, appraisals, rent rolls, income and expense statements, vacancy information, leases, and evidence of functional or economic obsolescence. We determine which valuation method best fits the property and the forum hearing the appeal.

Who does Younis Law Group represent?

We represent owners of office, retail, industrial, multifamily, mixed-use, and other commercial property in Cook, DuPage, Lake, and Will Counties. We also help investors evaluate property tax exposure during acquisitions and after reassessment.

When should a commercial owner start?

Start before the filing window closes. Commercial appeals often require more documentation than residential cases, and entity-owned property may have representation requirements before a board of review. Early review gives the owner time to assemble reliable financial and valuation evidence.

How are fees structured?

Commercial property tax appeals are handled on a contingency basis. If the firm does not obtain a reduction, there is no legal fee, subject to the engagement agreement.