Cook County Assessor Fritz Kaegi on Tuesday night conceded defeat to Pat Hynes, a one-time employee of the incumbent’s office, in the Democratic primary.

Cook County Assessor Fritz Kaegi has conceded defeat to Pat Hynes, a one-time employee of the two-term incumbent’s office.

First installment property tax bills are typically released in February and due in early March, but will be delayed by one month by an overhaul of the county’s property tax system plagued with problems.

Some homeowners are searching for answers as they grapple with hefty property tax bills. A new report from the Cook County Treasurer’s Office said declining values for downtown commercial properties are shifting the tax burden onto homeowners.

The most recent reassessment of the value of Chicago properties resulted in a “record-setting” 16.7% increase in the median homeowner’s bill, according to a new analysis from Cook County Treasurer Maria Pappas’ research team.

Second installment property tax bills are typically released in early July and due in early August, but have been delayed for nearly four months by an overhaul of the county’s property tax system plagued with problems.

Black and Latino homeowners were forced to cover “a disproportionate share of the burden,” according to the latest analysis from Cook County Treasurer Maria Pappas’ research team.

“Many homeowners are going to be shocked and angry when they get their bills,” Cook County Treasurer Maria Pappas said.

Property tax bills for Cook County residents are available online at cookcountytreasurer.com and should hit mailboxes this week.

Property tax bills for Cook County residents are available online at cookcountytreasurer.com and should hit mailboxes this week.

The median homeowners in Cook County’s north and northwest suburbs saw their property tax bills rise 15.7% this year, according to a new study just released from Cook County Treasurer Maria Pappas’ office.

Bills are available online at cookcountytreasurer.com and should hit mailboxes by Nov. 1.

The second-installment of property owners’ 2022 tax bills will be more than 120 days late amid months of bureaucratic wrangling and finger pointing among Cook County officials.

The first installment of property owners’ 2022 tax bills will be due approximately a month later than usual because of delays last year, officials said.

If you are a homeowner in certain portions of the city, you’ve seen your bill go up quite a bit. On the predominately Latino Lower West Side, there was an increase of 46%, according to a new study.

The second-installment of property owners’ 2021 tax bills will be more than 150 days late amid months of bureaucratic wrangling and finger pointing among Cook County officials.