Almost 11,500 property owners who overpaid their first installment taxes will automatically get back $25.4 million in refunds this month, according to Cook County Treasurer Maria Pappas.
Almost 4,000 refunds go to homeowners who are receiving property tax exemptions. The value of those exemptions is applied to the second installment tax bill, reducing the total taxes due.
Pappas has tried to make homeowners aware of potential exemptions as she attends community events throughout Chicago and suburban Cook County.
“The outreach efforts of my office, along with the Black and Latino Houses Matter Program, are helping homeowners become more aware of how they can reduce their property tax burden,” Pappas said.
The refunds include the following:
•5,137 homeowners who paid their property taxes online or by check will see funds electronically deposited to their bank or credit card accounts totaling $14.9 million.
•5,484 homeowners who paid their taxes through a bank/mortgage escrow account will be mailed refund checks totaling $10.1 million.
•808 homeowners who paid taxes totaling $412,177 in cash will be mailed a refund application to ensure the proper party receives the refund.
Pappas launched the automatic refund program in July 2018. Since then, 121,000 property owners have received about $82 million in refunds without having to fill out an application.
Second installment 2020 property taxes were due Oct. 1.
For more information or to check for a refund, visit the website for the Cook County treasurer.