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Cook County fixes 491 property misclassifications, adding $489M in taxable value.
Cook County assessor's office has corrected 491 out of 620 misclassified properties, adding about $489 million in taxable property value.
The misclassifications were due to missed new constructions and improvements.
The office plans to audit permit records to prevent future issues.
The building department is also working to speed up permit delivery to avoid unexpected tax increases for homeowners.
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Cook County corrige 491 reclasificaciones erróneas de propiedades, agregando $ 489M en valor imponible.